About the role

  • Cost Accountant leading implementation of costing practices for material and labor standards at a UK manufacturing facility. Collaborating across teams to ensure accurate cost analysis and compliance with financial regulations.

Responsibilities

  • Lead the development and implementation of standard costs for materials, labor, and overhead across all manufacturing operations
  • Collaborate with operations, engineering, and procurement to analyze BOMs, routings, labor, and overhead drivers to establish accurate cost standards
  • Conduct time studies in collaboration with production and engineering teams to establish accurate labor standards and production rates
  • Establish standard costs using the gross margin method, especially for new or customized products, by working backward from target pricing and desired margin levels
  • Develop a process to monitor and report on cost variances (material, labor, and overhead), including root cause analysis and follow-up with relevant departments
  • Develop a process for the annual standard cost roll up, including updates for new products, process changes, and inflationary factors
  • Provide cost modeling and scenario analysis to support pricing, capital investments, and strategic planning
  • Ensure compliance with company policies, internal controls, and SOX requirements (if applicable).

Requirements

  • Bachelor's degree in Accounting, Finance, or related field
  • Minimum of 3–5 years of cost accounting experience in a manufacturing environment
  • Strong understanding of manufacturing processes, BOMs, routings, and cost allocation methodologies
  • Proficiency with ERP systems (e.g., Microsoft D365, SAP, Oracle) and advanced Excel skills
  • Excellent analytical, organizational, and communication skills
  • Ability to work cross-functionally and manage multiple priorities in a dynamic environment.

Benefits

  • Health, safety and wellbeing programs
  • Professional development opportunities

Job title

Cost Accountant

Job type

Experience level

Mid levelSenior

Salary

Not specified

Degree requirement

Bachelor's Degree

Tech skills

Location requirements

Report this job

See something inaccurate? Let us know and we'll update the listing.

Report job