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Inventory & Cost Accountant

Job in Gloucester, Gloucestershire, GL1, England, UK
Listing for: Element Recruitment Ltd
Full Time position
Listed on 2026-02-06
Job specializations:
  • Accounting
    Cost Accountant, Financial Reporting
  • Finance & Banking
    Financial Reporting
Salary/Wage Range or Industry Benchmark: 40000 - 60000 GBP Yearly GBP 40000.00 60000.00 YEAR
Job Description & How to Apply Below

Inventory Cost Accountant | Gloucester | Manufacturing | £40k - £60k DOE

We are currently partnering with a thriving manufacturer in Gloucester to find an Inventory Cost Accountant. This is a pivotal opportunity to join a high-growth organisation currently experiencing significant year-on-year expansion. With a rapidly diversifying portfolio of revenue streams and a pipeline of high-value projects, the business is seeking an experience Inventory Cost Accountant to act as a key driver of financial integrity.

This role is far more than a technical accounting position; it is a vital support function for operational and commercial leadership.

You will take full ownership of inventory valuation and cost control, ensuring that as the business scales, its financial foundations remain robust. You will be responsible for delivering sophisticated financial reporting that provides the clarity needed for high-stakes commercial decision-making. If you are a finance professional who excels in dynamic environments and enjoys the challenge of aligning complex operational costs with overarching business strategy, this role offers the platform to make a tangible impact on a thriving corporate trajectory.

Responsibilities will include:

  • Maintain accurate accounting for raw materials, WIP and finished goods
  • Prepare and maintain standard costs and support product cost roll-ups
  • Analyse manufacturing variances and provide clear, actionable commentary
  • Reconcile inventory sub-ledgers to the general ledger and support month end close
  • Prepare cost of goods sold (COGS) reporting and margin analysis
  • Support physical inventory counts and investigate variances
  • Work closely with operations, supply chain and procurement to ensure cost accuracy
  • Support internal and external audits and maintain strong inventory control

Your Profile:

  • Proven experience in cost or inventory accounting within a manufacturing environment
  • Strong understanding of standard costing and variance analysis
  • Experience with ERP systems (SAP / Oracle / Dynamics / Net Suite)
  • Advanced Excel
  • Part Qualified or Qualified Accountant - Desirable, not essential

To discuss further, call Tora on or click "APPLY!"

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