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Cost Accountant

£12.3 - £14.2 per hourEstimated

Job details

Application closing date

31/07/2026

Location

Scunthorpe

Salary Package Contractual hours

36.5

Basis

Full time

Job description Salary - Competitive

Location - Scunthorpe, North Lincolnshire, DN16 1XA

Pattern of Work – 36.5 hours, Monday - Friday

What you need to know about the role

As a Accountant at British Steel, you will be providing accounting and financial support, notably the production of regular standardised financial reports and other analysis to facilitate reviews of business performance and support other key business decisions.

You will work closely with the rest of the finance team to ensure consistent best practice is developed and maintained across the function.

Key Responsibilities

  • Complete Weekly and Monthly Production Evaluation Performance Models to the required deadline.
  • Complete month-end close activities, including accruals, journals, and variance commentary
  • Analyse Mill performance and cost drivers utilising variance analysis (e.g. energy, labour, yield).
  • Business Partner and collaborate with operations teams improve performance and efficiencies.
  • Monitor and evaluate WIP and finished goods inventory, ensuring correct valuation recording
  • Perform monthly stock reconciliations for Steel Inventory to validate balances and resolve any discrepancies.
  • Attend weekly / monthly finance meetings with the operations teams to provide financial insight to help drive decision making
  • Produce monthly Balance sheet reconciliations
  • Deliver budget preparation and forecasting tasks as required to deadline
  • Assist with Financial audit as and when required
  • Develop an understanding of the business’ product costs
  • Carry out/manage any other projects or tasks as requested by the FD or Plant Manager from time to time

What we need to know about you

  • You must be a qualified Accountant (CIMA/ACCA qualified is desirable)
  • Experience of month end preparation and reporting activities
  • Experience of preparing balance sheet reconciliations
  • Knowledge of financial systems from an end user perspective
  • Possess solid communication skills – verbal and written

What we can offer you

We know our employees are our greatest asset and alongside the great benefits packages we offer, we continue to invest in their careers by providing a huge range of training and development opportunities.

Whatever your stage in life, you'll find a range of benefits to complement your work-life balance. The benefits you'll enjoy include:

  • Defined contribution company pension scheme
  • 27 personal annual leave days + statutory bank holidays
  • Life Assurance
  • A comprehensive Company sick pay scheme
  • Health Cash Plan via our partnership with Simply health
  • Employee Assistance Programme
  • Standby and call-out payments
  • Family friendly benefits including enhanced maternity, paternity, and adoption leave.

What you need to know about us

British Steel is a leading European steel manufacturer, supplying premium long products around the world.

We take great pride in our history and heritage. Not many companies can claim to have generations of families dedicating their working lives to one company, one industry. Steel gets into your blood, and this drives the passion of our people. And these 2 values deliver our third value of performance – making the products our customers want now and in the future.

British Steel has a bright future and we want you to be part of it.

British Steel is an armed forces friendly company, and we actively encourage applications from ex-Armed Forces Personnel, Reservists, Armed Forces Veterans and military spouses/partners.

For more information about us and our journey please visit –

How to apply

Internal candidates please apply for this role by logging in to your ESS account.

External candidates can apply by clicking on the ‘apply online’ button.

We may close this vacancy sooner than planned if we receive a high volume of suitable applications. To ensure your application is considered, we encourage you to submit it as soon as possible.

Vacancy posted 16 days ago
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