Cost accountant

Cost accountant Job Description Template

Our company is looking for a Cost accountant to join our team.

Responsibilities:

• Payroll;
• Take a lead in the review of existing costings;
• Cost analysis and recommendations for sustainable cost reductions from the findings;
• Work with the management teams across the business units to make sure KPIs are being met;
• Liaise closely with external auditors at specific times during each financial year;
• Support of the monthly management report function;
• Responsibility for preparing standard product costings, releasing new cost standards, reporting on variances, contribution and profit evaluation;
• Developing and maintaining rolling stock forecasts and identifying variances;
• Assisting with reporting of the financial performance of Continuous Improvement projects;
• Check and process department transactions, including internal transfers, external sales, and purchase invoices;
• Managing the stock take compiling and analysing the results as appropriate;
• Providing insight on market trends that may affect supply;
• Support and contribute to the budgeting process and preparation of financial forecasts;
• Maintaining product cost structures and producing meaningful cost variance analysis;
• Updating standard costs for materials, labour and overheads, analysing variances between actual and standard cost.

Requirements:

• Attention to detail;
• Confident professional with the ability to challenge information and data;
• Strong organisational and communication skills;
• Numerical ability;
• Commercially orientated;
• Manufacturing accountant with a background in cost accounting;
• Strong working knowledge of Microsoft Excel;
• Ability to meet deadlines;
• Ability to work in a pressurised environment to strict timescales;
• Proficiency in Excel and Microsoft Office products;
• Proactive and a self starter;
• Good written, verbal communication and collaborative skills;
• Team Player;
• Ability to research, compile, analyse and interpret data;
• A knowledge of accounting systems.