Cost Accountant

Employment Type

Full Time, Permanent

19-06-2026

19-07-2026

Chemring Countermeasures is a world leading and innovative company, designing and developing countermeasure solutions to armed forces throughout the world. We are part of the Chemring Group of companies and have a solid global infrastructure, which also helps us to thrive.

To provide accurate and timely cost information to support financial reporting, budgeting and decision-making. The role will focus on standard costing, inventory valuation, variance analysis and supporting operational stakeholders to improve cost visibility and control.

• Maintain and continuously improve standard costs for materials, labour, and overheads in line with business processes
• Perform variance analysis (e.g., material, labour, overheads) and provide clear commentary
• Support month-end close with accurate cost journals, provisions and reconciliations and investigate discrepancies
• Ensure accurate recording of WIP movements, job closures, scrap and rework
• Work with operations to understand cost drivers and support cost reduction initiatives
• Support budgeting and forecasting processes for manufacturing costs
• Ensure inventory is valued in accordance with accounting policies
• Assist with audit queries relating to inventory and cost accounting
• Identify opportunities to strengthen cost control, data quality, and reporting processes
• Lead stock take review with external auditors
• Prepare external cost reporting e.g. regulated pricing reporting (SSRO)
• Support continuous improvement of finance processes and systems

• Experience in a manufacturing or cost accounting environment
• Strong understanding of standard costing and inventory accounting, BOMS, WIP and stock flows
• Good communication skills with ability to work with non-finance stakeholders
• Strong Excel and data analysis skills
• Part-qualified or qualified accountant (ACCA/CIMA/ACA)
• Power BI experience (desirable)

This role will be worked over a 4.5 day week;
Monday to Thursday 08:00 – 16:45 and Friday 08:00 – 12:30.

Due to the nature of this business, you will be required to complete mandatory drug and alcohol testing (upon starting and randomly thereafter) and complete security to a BPSS (DBS and reference check) standard prior to starting in accordance with the Explosive Regulation Act 2014.