Job Description

This critical role involves the continual analysis of product costs, the development of new product costs, and margin analysis to establish customer pricing.

Management:

• Supervise the cost accounting system and cost ledger.
• Manage and upkeep standard and actual costs, reporting variances for informed decision-making.
• Oversee gross margin analyses concerning the company's products, inventory, and overall value.
• Validate month-end closure procedures for Cost of Sales (COS).

Analysing & Writing Reports:

• Analyse manufacturing operations, equipment availability, and utilization.
• Conduct ongoing analysis of product costs, develop new product cost estimates, and perform margin analysis.
• Analyse overhead costs, labour recovery rates, and ROIs.
• Examine stock for aging, turnover, and accuracy of stock counts.
• Generate, analyse, and track product costing estimates for new and existing interpretations.
• Produce Capital Expenditure justifications and assist with funding applications.

Support:

• Support Sales management in analysing pricing and profitability by customer, product, and other sectors.
• Assist Operations management in analysing Standard Costing, Actual Costing, Variance Analysis, and Stock Control.
• Contribute to the production of financial forecasts and budgets.
• Collaborate with sales teams and senior financial management to establish customer pricing.
• Support the procurement manager in cycle counts and wall-to-wall physical inventory counts, investigating variances.
• Assist the procurement manager in determining the value of inventory as it changes with market fluctuations.

Education:

• Bachelor's degree in Accounting/Finance or a related field.
• CIMA qualification.

Experience:

• Previous experience as a Cost Accountant in a manufacturing environment.
• In-depth understanding of business accounting procedures.
• Excellent computer skills.
• Advanced knowledge of Excel and accounting software.
• Strong proficiency in the English language and report writing.
• Effective time management.
• Keen attention to detail.

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