Cost Accountant

17 hours ago


High Wycombe, Buckinghamshire, United Kingdom Oxford Instruments Full time

At Oxford Instruments, we're committed to empowering the world's leading companies and research communities to push the boundaries of material science. With a rich history spanning 60 years and an impressive 14 Queen's Awards for Enterprise, our cutting-edge technologies have enabled our customers to tackle some of the most pressing challenges of the 21st century.

We're seeking a highly skilled Cost Accountant to join our Finance Team in High Wycombe. As a key member of the team, you'll be responsible for valuing inventory, revenue, and cost of goods sold for the EM & NMR product lines. Your expertise will play a vital role in providing meaningful financial insights that inform business decisions and drive growth.

This is a hybrid role, with 3 days spent in the office, allowing for flexibility and work-life balance. We offer a comprehensive benefits package, including:

  • 12:30 Friday finishes
  • BUPA private health insurance
  • Dental insurance
  • Group pension
  • Cycle to work scheme
  • Tech and car schemes
  • Give as you earn and option to purchase shares
  • Numerous discounts
  • 25 days holiday

Your key responsibilities will include:

Key Responsibilities:
  • Monthly reconciliation of inventory with detailed analysis of inventory held by part number to ensure accuracy.
  • Preparation and review of Labour and Overhead in Inventory, posting as necessary.
  • Liaising with the regional office to understand inventory held outside the factory.
  • Working closely with the Operations team to provide finance resource when needed.
  • Preparing the WIP reconciliation and reviewing anomalies.
  • Monthly balance sheet reconciliations of all stock accounts (including any stock provision accounts).
  • Ensuring appropriate levels of inventory are being maintained.
  • Annually updating base costs for all items held in inventory.
  • Quarterly reviewing inventory held in regional offices.

In addition to these responsibilities, you'll also prepare monthly revenue analysis, margin analysis against prior year/budget/forecast, and review ledger entries to ensure direct cost of sales and other cost of sales are correctly reported. You'll also reconcile the orderbook and prepare the quality report, working closely with the external audit team to ensure timely delivery of information for interim and annual audits.

We're looking for a qualified or part-qualified accountant (ACA, ACCA, CIMA) with experience in providing a customer-focused, high-quality service in an accounting environment. You'll be a competent computer user with strong skills in MS Excel and other management information systems.

We estimate this role will come with a salary range of £45,000 - £65,000 per annum, depending on experience. If you're a motivated and detail-oriented individual with a passion for finance, please apply today.



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