Cost Accountant

  • Location:
  • Salary:
    £50,000
  • Job type:
    Permanent
  • Posted:
    1 week ago
  • Category:
    Accountancy
  • Deadline:
    Open
  • Job ID:
    87296

Our client is a well-established business / group ideally located on the Leicestershire / Warwickshire Boarders.
As part of the companies continued expansion and desire for improvement and better insight, FRS have been enlisted to assist a Project / Cost Accountant.
Expectations / exposure within this position.
• Cost benefit analysis for specific capital expenditure operational and commercial management
• Generation of product costings and maintenance of standard costing model
• Ownership of Manufacturing KPI’s, and Yield analysis, other efficiency tracking
• Ownership of the product costing cycle for customers
• Generation of actual customer and product profitability on a weekly basis
• Standard costing reporting and the product costing mechanics
• Validation and verification of weekly raw materials and sales, reconciling actual costs to usage/produced costs, and comparison to period end results budgets and forecasts.
• Review Bill of Materials of manufactured products within each division
• Standardising the costing concept and models
• Liaise with production and new product development validating yields
• Compare the actual weekly labour cost to the budgeted that won the business and explain the impact on the gross margin to non-financial staff of the business.
• New Product Costing for tendering and product amendments.
• KPI production volumes, direct labour, materials, agency, engineering, controlling the prime cost per tonne on a daily basis.
• Weekly agency labour analysis versus budget and journal preparation by cost centre

This particular vacancy will be a step removed from the management and financial accounting process which is managed off site with the successful candidate working more closely with the Manufacturing / Operations team driving improvement and insight around all things Cost Accounting related.
Given the above candidates need not be formally qualified in AAT / CIMA / ACCA however solid demonstrated experience within Project or Product Costing.
In return with being a newly created position, this role offers excellent opportunity for value add.

A competitive basic salary of £40,000 to £50,000 Benefits and bonus can be offered.
This position can also be offered on a FTC or Temporary Basis for those seeking a more agile working arrangement