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Product Costing Specialist

3 months ago


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

We are a global leader in the energy transition and digital transformation, with over 150 years of experience and a presence in 52 countries. Our company manufactures thousands of miles of underground and submarine cables and systems for power transmission and distribution, as well as medium and low voltage cables for the construction and infrastructure sectors.

About the Role

We are seeking a Product Costing Specialist to join our team in Eastleigh. The successful candidate will be responsible for creating and maintaining product costing, including materials, labor, and overheads, for the Finance department.

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.
  • Be the Finance department focal point for the annual standard product costing process, working 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 when necessary.
Qualifications & Requirements
  • Previous experience in Finance or Engineering, ideally in a manufacturing environment.
  • Preferably working towards or interested in gaining AAT or equivalent qualification.
  • Self-motivated team player.
  • Proven communication skills, strong organisational ability, and great attention to detail.
  • Excellent analytical and advanced Excel skills, as well as a good knowledge of other Microsoft Office products.
  • Experience of 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.