Cost Accountant

Job Title Cost Accountant Location Redditch, hybrid About Us Gardner Denver is a leading provider of mission-critical flow control and compression equipment and associated aftermarket parts, consumables, and services, which it sells across multiple attractive end-markets within the industrial, energy and medical industries. Its broad and complete range of compressor, vacuum and blower products and services, along with its application expertise and over 160 years of engineering heritage, allows Gardner Denver to provide differentiated product and service offerings for its customers' specific uses. Job Summary This position is primarily responsible for maintaining the standard costs of the UK Industrials business (Redditch) and for analysing and maintaining inventory records on a regular basis. Responsibilities Standard costs: control and processing of the annual standard cost roll procedure in SAP. In addition, perform regular standard cost updates as required by the business. Inventory: Prepares analysis and reports on inventory on a weekly and monthly basis and provides to local management. Ensures Inventory and WIP accounts are clean and cleardowns are done in a timely manner. Prepares reports analysing inventory aging in order to calculate provisions for Obsolete and Slow-Moving Inventory (OSMI) Assists with the coordination of the annual physical inventory preparation, count and reconciliation including book to count investigation and explanation. General Ledger: Preparation and posting of accurate and timely journal entries, including but not limited to, Cost of Sales, inventory and a variety of other manufacturing variances. At all times maintaining and controlling General Ledger integrity and system processing. SOX Controls: Monthly: Cycle counting controls for Bradford and GXO sites. Quarterly: Obsolete and Slow-Moving Inventory (OSMI) control Annually: (i) Annual standard cost roll (ii) Physical inventory count External Audit: responds to external audit requests on a timely manner and closes out open items and issues in a professional manner. Reconciliations: Performs monthly balance sheet account reconciliations, which may include various accruals and prepayments, obsolete and slow-moving inventory provisions and any other requisite balance sheet reserves. Performs controls over accounts and helps meeting the companies SOX and audit requirements. Reports: Provides timely, accurate and professional reports that may include daily input / output updates, weekly shipping forecasts, inventory analysis plus annual federal and state tax type schedules required by both domestic and international locations Analysis: Performs as hoc analysis and works with operating personnel to identify cost and product cost issues and opportunities Liaise with senior management to assist in the preparation of annual budget and periodic forecast returns, providing detailed breakdown of the P&L and salient balance sheet items in readiness for corporate review. Monthly Orderbook Reporting Reconcile Consumption balances and investigate orders that are causing reconciling differences, then monitoring orders until items are closed out. Manage National Statistics Reports Quarterly Reporting: including OSMI, Goods in Transit, IC Profit in Inventory, IC Profit in Freight and Performance Obligations, to name a few. Basic Qualifications Part/Fully qualified CIMA/ACCA (or equivalent) Qualified by experience will be considered. Degree level, desirable Travel & Work Arrangements/Requirements Redditch, hybrid Key Competencies Manufacturing experience Worked with Standard Costing system. Ability to identify and investigate trends and potential issue. Excellent communication skills Proficient in Microsoft office applications Problem solver What We Offer 25 Days Holiday + 8 Bank Holidays (Option to purchase 5 days after probation period)7% Employer Pension Contribution Westfield Health Medial Cash Plan Cover Death in Service Benefit of 4 x salary Cycle scheme (After probation period) Electric Car Scheme (After 1 year employment)10% of salary in shares after 1 year of employment Costco Gold Company member, allowing employees to join. Employee Assistance Program Enhanced Maternity & Paternity Policies