Cost Accountant

An opportunity has arisen for a Cost Accountant to join the finance team of an established manufacturing business. This is a role with responsibility for analysing and controlling manufacturing costs, standard costing, inventory and variance analysis, while working closely with production, procurement and engineering teams. This roles offer 3 days WFH. The role would suit a qualified or part-qualified accountant, or an experienced QBE Cost Accountant, with strong manufacturing experience.

Key responsibilities include:

Analyse production costs and provide detailed reporting and variance analysis. Manage and maintain standard costing, including direct materials, labour and manufacturing overheads. Calculate, establish and annually update standard costs within D365. Monitor manufacturing expenditure against budgets and identify opportunities for improved cost control. Work with operations, engineering and procurement to review and update bills of materials and production cost drivers. Prepare cost statements, financial forecasts and management information.

Support month-end and year-end processes, including budgeting and standard costing. Reconcile monthly inventory balances and monitor slow-moving and obsolete stock. Prepare, calculate and reconcile margin invoice line reports. Maintain and improve cost accounting processes, systems and procedures. Develop, improve and support users of D365 Finance & Operations and other relevant internal systems. Complete account reconciliations and provide cover for senior members of the finance team when required.

Contribute to wider finance and continuous improvement projects. The ideal candidate will have:
Previous experience in a manufacturing cost accounting or similar finance role. Strong understanding of standard costing and manufacturing variances. Strong Excel skills. Strong analytical, modelling and data presentation abilities. Excellent attention to detail with the ability to interpret complex financial and operational data. If you are interested in this Cost Accountant opportunity or would like any further information, please do not hesitate to contact Richard Warwick at IPS Finance.

IPS Finance has 45 years experience in the Yorkshire accountancy recruitment market. We have built our business on long term relationships with both individuals and clients in all sectors, bringing real benefits to all concerned. Please visit the IPS Finance website to view the latest accountancy / finance and practice opportunities.