Cost Accountant

5 days ago

Livingston, United Kingdom CV-Library Full time

Job Title: Cost Accountant
Location: Livingston
Salary: Competitive

Profile
We are lucky to be working with one of the world’s leading manufacturers of Nickel, Titanium and Steel alloy forgings for the aerospace, defence and energy sectors. A vacancy has arisen for a Cost Accountant to join their team based in Livingston. This is an ideal opportunity for a candidate who would like to continue their career within an exciting and progressive manufacturing facility.

Responsibilities

- To support Assistant Controller and the finance team in pursuing business objectives in terms of output, quality and cost.

- To maintain and improve productivity so that schedules and customer needs are met.

- To ensure that agreed customer delivery times are achieved and that customers receive a high standard of service at all times.

- To identify, develop and implement continuous improvement activities.

- To undertake any other duties specified by the Assistant Controller.

- Maintain and improve the Cost Accounting function related to our client to provide management with a timely and efficient service.

- Ensure the Company adheres to sound accounting principles and aim to review and determine potential problem areas.

- Maintain accurate costing information to assist in the pricing of products for the company.

- Have a firm understanding of inventory procedures, support and offer guidance on inventory processes and police internal controls.

- Produce and Understand Variable Cost information issued to Operations and Senior Management on a weekly basis.

- Balance Sheet reconciliations.

- Journal Vouchers

- Prepare and understand Material usage and Purchase price variances.

- Support other areas of Department when required.

- Have a flexible “Can do” attitude.

Key Area Responsibilities

- Ensure adherence to quality procedures.

- Maintain, achieve & improve quality standards.

- Ensure new/modified parts are introduced successfully.

- Ensure compliance with policies, procedures and legislation.

- Ensure safe working practices are employed.

- Carry out health and safety audits.

- Take necessary actions to improve safety performance.

- Take actions to ensure any environmental issues are resolved.

- Agree team performance criteria and measures to meet business objectives.

- Assist the Senior Cost Accountant in assisting other departments in setting and achieving targets. Help to maintain good industrial relations and welfare.

- Ensure housekeeping standards are identified and met.

- Practice Company Housekeeping Procedures

- Carry out housekeeping audits.

- Collect data for performance measures.

- Create an environment of continuous improvement.

- Direct problem solving activities.

- Develop ideas, suggest and implement improvements in performance.

- Ensure compliance with holiday procedures.

- Complete the necessary documents e.g. holiday forms, absentee documents.

- Maintain production information systems (e.g. target v actual etc.) as directed by the Senior Cost Accountant.

- Demonstrate co-operation and openness with the team.

- Contribute to collective problem solving.

- Build a strong alliance with the teams.

- Is supportive and helpful to others.

- Maintains morale and motivation.

- Creates and actively encourage teamwork

Behavioural Competencies

- Demonstrates co-operation and openness with others.

- Contributes to collective problem solving.

- Considerate and effective in the use of Company resources

- Shows awareness of broad Company issues and objectives.

- Supports and endorses all company policies.

- Willing to help others to learn and to share knowledge and experience.

- Able to identify both internal and external customers and respond to their needs.

- Demonstrates personal commitment to quality; sets high work standards for self.

- Consistently achieves quality standards.

- Accepts and adapts to change.

- Able to present information on a one-to-one basis clearly and concisely.

- Organises own day to day activities.

- Works methodically to meet deadlines.

- Breaks down problems into simple lists of tasks or activities.

- Demonstrates a positive approach in their interaction with others.

- Applies common sense and clear thinking in own area on day to day problems, especially to reduce idle time and achieve objectives.

Knowledge and Experience

- Part qualified CIMA/ACCA/ Relevant degree/professional qualification in Accountancy.

- Advanced Excel skills

- Experience of working within an accountancy function within a manufacturing environment is advantageous.

- Ability to make decisions and apply judgement using own initiative.

- Intermediate knowledge of Word and Excel

- Knowledge of internal control systems and procedures.

- Experience of Sarbanes and Oxley is advantageous

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