Lusona Consultancy are working with an International Manufacturing company in Glasgow to recruit a Cost Accountant on a Permanent basis. This is a brand new role in the structure that will focus on engagement across supply chain and wider operations reporting to the site Financial Controller. Our client have technology at the heart of their business with innovation and automation solutions enabling them to be a leader in the market. Our client are known for their innovation in Scotland and internationally and the cost Accountant will be a number 2 to the Financial controller and will support the leadership team. This opportunity offers a salary between £55,000 - £60,000+bonus with wider benefits.
The Cost Accountant will offer commercial analysis and a business partnering service to the supply chain and operations side of the business offering the ability to influence the decision making process. You will be responsible for budget preparation, forecasting and variance analysis with an emphasis on manufacturing costs and stock. As a second in command to the Financial controller, you will deputise on their behalf and will take the lead on cost centre reporting, standard costing across products, stock valuation and liaising with engineers and supply chain on pricing, margins and billing materials. The Cost Accountant will be involved in monthly sales forecasting, analysing management accounts and explaining cost of sales to the business. Areas including labour efficiencies, overheads management and overhead recovery will also be assumed here.
Responsibilities:
- Maintain accurate standard costs for products, covering materials, labour, and overheads.
- Analyse cost variances and investigate significant differences.
- Prepare monthly cost reports for management.
- Support the annual standard cost setting process.
- Ensure accurate inventory levels and valuation for raw materials, WIP, and finished goods.
- Investigate and resolve inventory discrepancies.
- Support month-end close activities, including inventory journals and reconciliations.
- Accurately allocate manufacturing overheads to products.
- Monitor and analyse overhead variances.
- Support cost reduction initiatives.
- Use SAP for cost accounting activities, including cost centres, material data, order costing, and variance analysis.
- Review and improve cost accounting processes
The Ideal candidate will have:
- Experience in a similar Manufacturing, Construction or Engineering based environment
- Strong Cost accounting and analysis experience
- Qualified Accountant or working towards a recognised Qualification
Working in a collaborative function, this opportunity offers significant exposure to multiple stakeholders across a highly established international Group offering breadth and depth across manufacturing processes. You will also be offered career progression opportunities in a leadership environment and add value across projects and business as usual activity. This is an exciting opportunity offering a competitive salary, progression opportunity, company pension, holidays and a lunch time finish on a friday. Car parking is also provided.
If you are looking to continue your career in a fast paced manufacturing environment in a commercial setting this is an excellent opportunity to consider.