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Product Costing Specialist

2 months ago

Eastleigh, Hampshire, United Kingdom Prysmian Group Full time
About Prysmian Group

Prysmian Group is a global leader in the energy and telecommunications industries, with a rich history spanning over 150 years. With a presence in 52 countries and over 28,000 employees, we drive innovation and progress in the energy transition and digital transformation.

About the Role

We are seeking a highly skilled Product Costing Specialist to join our team in Eastleigh. As a key member of our Finance team, you will be responsible for creating and maintaining accurate product costing, including materials, labor, and overheads. Your analytical skills and attention to detail will be essential in ensuring the accuracy of our financial data.

Responsibilities
  • Review and update material monthly costs, liaising with the Purchasing department to understand and explain large variances.
  • Assist the Operations department with Routing and Bill of Material (BoM) analysis.
  • Support the Commercial department with Finished Goods costs and pricing queries.
  • Provide month-on-month variance analysis to the Commercial accountants on changes to Finished Goods costs for forecasting purposes.
  • Act as the Finance department focal point for the annual standard product costing process, working closely with Engineering, Purchasing, and IT departments.
  • Coordinate the Industrial variance reporting to HQ.
  • Run the monthly FIFO inventory reporting and investigate changes in valuation.
  • Be the Finance department focal point for Preferential Origin calculations, liaising with Commercial and Supply chain departments to ensure correct declaration.
  • Report on Production Scrap and Inventory to the business.
  • Set up Engineering projects.
  • Support the Finance team with other tasks as needed.
Requirements
  • Previous experience in Finance or Engineering, preferably in a manufacturing environment.
  • Working towards or interest in gaining AAT or equivalent qualification.
  • Self-motivated team player with strong communication skills and organizational ability.
  • Excellent analytical and advanced Excel skills, as well as a good knowledge of other Microsoft Office products.
  • Experience with SAP or a similar ERP system is beneficial but not essential.
What We Offer
  • 25 days holiday plus statutory holidays.
  • Defined Contribution pension scheme and generous life assurance.
  • Yes Share Scheme – annual enrolment.
  • Health Care Cash Plan – scheme providing reimbursement of optical, dental, and chiropody fees up to set limits.
  • 24/7 free and confidential employee counselling service.
  • On-line Language Learning Access.
  • Enhanced maternity and paternity leave and pay.
  • Generous sick pay arrangements.
  • EE Mobile Discounts.
  • Dell Advantage discounts.
  • Rewards Portal – discounts on major retailers.
  • Cycle to work scheme.
  • Free onsite parking.
  • Transition to Retirement Policy.
  • Vitality scheme.
  • Free Flu Jab.