Cost/manufacturing Accountant - Knutsford, United Kingdom - Adele Carr Recruitment

Adele Carr Recruitment

Verified Company

Knutsford, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Our client, a leader within the Technology Manufacturing industry are seeking an experienced Costing/Manufacturing Accountant to support their current team.

Do you have strong experience within stock and manufacturing, are you a quick thinker with the abilityto problem solve? If so, this could be the perfect opportunity for you

Purpose of the role:

Responsible for the accurate and timely calculation of the stock valuation of the company
Responsible for reviewing, understanding and explaining all manufacturing variances
Ensures stock control and valuation system is accurate, comprehensive, and complies with generally accepted accounting principles (FRS102)

Key responsibilities and accountabilities:

Maintain the inventory subsystem, within the wider control environment, to ensure the integrity of the data within the general ledger and the accurate valuation of stock (£6.0M) in accordance with accounting standards
Responsible for the accurate accounting for our 'specialist' stock items e.g Silver
Coordinate the annual (interim by exception) standard costing process / review for all manufacturing operations, including material costs and labour and overhead rates.
Coordinate monthly (quality) and quarterly (demand and obsolescence) stock provision, reviewing and challenging large value provisions and any significant movements.
Take the lead in identifying and investigating any costing issues and manufacturing variances.
Liaise with, and develop the financial awareness of, the manufacturing managers in understanding their variances and eliminate any errors at source.
Complete associated month end processes to strict deadlines
Produce and interpret monthly management reports for inclusion in the Company's financial statements, including a thorough understanding and explanation of any significant variances.
Ensure the reconciliation of relevant balance sheet accounts (Stock, Provision and GRNI) to the general ledger, including the timely input of accruals and journals.
Submission of the monthly stock 'Borrowing Base Certificate' to the Company's financial provider, ensuring external deadlines and all contractual requirements are met.
Coordinate the financial provider's annual stock valuation audit
Conduct data analysis using the company's ERP system and linked BI system providing meaningful reports to guide business focus.
Work closely with the manufacturing managers to ensure they understand the impact their actions have to the company's profitability and cashflow.
Key member of the Product Introduction Team, ensuring that the profitability of all new initiatives are fully understood before commitment to launch, and also revisited post launch.
Provide relevant information to the external audit team, in a timely manner, to ensure all questions /queries are resolved
Undertake all activities in line with Company Health, Safety and Environmental policies and procedures and participate in the development of a safe and healthy workplace.

Qualifications or equivalent experience:

Demonstrable experience as a Manufacturing accountant, or equivalent role, in SME or larger organisation
ACA or CIMA qualified

Skills / knowledge:

Detailed knowledge of accounting principles and procedures
Thorough understanding and experience of Standard Costing systems, including labour and overhead absorption
Skilled in accounting software, data analysis and integrated ERP systems
Skilled in Microsoft Office, Excel, Access and Word.
Attention to detail with clear, concise communication of information
Ability to demonstrate effective time management in order to meet strict deadlines
Ability to communicate information effectively and efficiently through verbal, nonverbal and written skills, across different levels within the company and with external suppliers, including the ability to explain complex accounting principles to nonfinancepersonnel
Able to adopt a flexible approach to Company requests within your level of responsibility, skill set, training and knowledge.