Cost Accountant - Part Qualified/Qualified by experience - Reed : Job Details

Job Title: Cost Accountant

Annual Salary: £35,000 - £45,000 per annum + Study Support 

Location: Near Woodbridge 

Job Type: Full-time/ Permanent - Hybrid can be discussed depending on location 

Our client is seeking a Cost Accountant to act as the finance business partner to the Plant Manager and Finance Director, providing essential, accurate, and manufacturing-focused financial support. This role is crucial for someone who thrives in a dynamic environment and is keen on driving cost reduction and productivity initiatives within the manufacturing sector.

Day-to-Day Responsibilities:

• Operate as the primary contact for cost analysis and the creation of the manufacturing budget and costing.
• Drive cost reduction and productivity initiatives, with responsibility to track and validate monthly cost savings for the plant.
• Release purchase requisitions/POs, including financial review for proper account and possible capitalization.
• Review, approve, and coordinate annual evaluation for standard cost on Raw, WIP & FG.
• Participate in the daily management (LDM) meetings on the production floor with the local management team.
• Manage the daily cycle program.
• Present monthly manufacturing results to compare actuals vs budget.
• Participate in countermeasures and help drive plans to meet the plant’s financial commitments.
• Prepare and present the Weekly Flash Report as well as submit the weekly plant scorecard.
• Prepare and process all necessary month-end journal entries.
• Manage and support the plant AFE (Approval for Expenditure) process, gaining approval for capital expenditures and monitoring the project expenses to ensure compliance with guidelines of the approved AFE.
• Ensure internal control and SOX compliance.
• Support the Statutory Audit.
• Keep the Finance Director appropriately updated on key activity, raising issues or obstacles to ensure timely resolution.
• Build close working relationships with defined internal customers to ensure a solid understanding of their business and their needs for financial support.
• Manage and deliver continuous improvement of processes and IT systems in line with the European business strategy and Key Performance Indicators.
• Handle Ad Hoc Reporting as required.

Required Skills & Qualifications:

• Degree in Business Administration or equivalent.
• Part Qualified (ideally CIMA/ACCA) or demonstrate relevant experience.
• Experience operating within a manufacturing environment is highly desirable.
• Highly numerate with the ability to analyse financial data and provide appropriate commentary.
• Excellent attention to detail.
• Strong communication skills, both verbally and in writing.
• Experience working within an international organisation is advantageous.
• Good internal consultancy skills with strong influencing abilities.
• Proactive, flexible, and pragmatic approach.
• Ability to operate successfully in a fast-moving environment.
• Knowledge of SAP is desirable 
• Business level English proficiency.

Benefits:

• Competitive salary. Up to £45,000 per annum 
• Opportunity for occasional international travel.
• Dynamic and challenging work environment.
• Opportunities for professional growth and development.
• Free Parking  

To apply for the Cost Accountant position, please submit your CV and cover letter detailing your relevant experience and why you are interested in this role.