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Cost Management Accountant

Employer
Luton Bennett
Location
Leagrave, Luton, United Kingdom
Salary
Competitive Salary
Closing date
Nov 26, 2022

View more

Job Role
Accountant
Sector
Finance
Contract Type
Permanent
Hours
Full Time
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Cost Management Accountant

Luton

£32,000 to £45,000 DOE + 25 Days Holiday + Bank Holidays + Pension 4% Employee and 5% Employer + Death in Service Benefit 2x Annual Salary + Option to join Bupa after Probation + Full Training Provided

Home working available 2 days per week.

Monday to Thursday, 7.30am to 4.30pm.
Friday Early Finish at 1.30pm.

Cost Management Accountant required for a successful and well established electronics manufacturer serving a wide customer base. The company have a professional yet supportive and friendly working environment.

The Cost Management Accountant Role:
  • Manage all standard costs, labour rates and associated manufacturing variances across the business.
  • Manage all the variance reporting, including transfer pricing, commercial and operational.
  • Management of the inventory, including all associated reporting and analysis.
  • Apportionment of overhead by allocation models.
  • Analyse, communicate monthly reports and advise departments about production variances and gross margins.
  • Conduct inventory management with all relating financial ratios.
  • Ensure that the stock and scrap reconciliations are completed and stock provisioned as necessary.
  • Ensure projects such as Installation, maintenance and repairs are correctly accounted for.
  • Reconciliation of R&D projects.
  • Preparation of management accounts including preparation of accruals, overheads variance analysis and intercompany reconciliations.
  • Adhere to month end, budget, ad-hoc and business deadlines.
  • Control productivity savings and capital expenditure reporting.
  • Assist the Financial Controller in relation to the reporting of month end financials, VAT returns, budgeting, planning and forecasting.

The Successful Cost Management Accountant:
  • High level of commercial acumen and an influential approach to reporting the monthly figures.
  • Full or part qualified ACA/ACCA/CIMA (or equivalent) and have worked with both financial and commercial reporting.
  • Have experience within a similar role.
  • Possess strong organisational and analytical skills with attention to detail.
  • Knowledge of BOMs and routings, transfer pricing calculations, unrealised profit in inventory provision calculations, inventory provisions and adjustments and year-end audit requirements.
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