Cost Accountant

A progressive and rewarding role has arisen in South Norfolk for a Cost Accountant. 

This role will involve significant engagement outside the finance function with close interaction with sales, engineering and operations. Furthermore, this will gain have visibility at a board level and regular interaction with the CEO and founder as well as the CFO.

The role:

The business is on a journey to profitability and following significant investment needs a highly detailed insight into margins and costs. The goal is a single source of financial and operational information which is consistent and provides useful information to all users to support decision making.

Key Responsibilities:

• Cost Analysis and Reporting:Analyse and report on project and production costs, material costs, labour costs, and overhead expenses. Prepare detailed cost reports and variance analyses.
• Revenue recognition and project profitability analysis. Support the business to ensure project and products are accounted for in accordance with standards of recognition and the requirements of the funders.
• Budgeting and Forecasting:Assist in the preparation of budgets and financial forecasts. Monitor budget performance and provide insights on cost-saving opportunities.
• Inventory Management:Oversee inventory control and provide insight to the business. Conduct regular inventory audits and work with relevant teams to reconcile discrepancies.
• Product Costing:Develop and maintain accurate product costing models for new and existing products. Collaborate with engineering and production teams to ensure accurate cost allocation.
• Margin analysis: work with the wider business to understand and report accurate margin and provide detailed analysis to management to support commercial decision making.
• Research and development: collate financial information for research and development activities, including grant claims, tax credit and other related items such as intangible assets.
• Process Improvement:Identify and implement process improvements to enhance cost efficiency and accuracy. Support the implementation of cost control measures.
• Cross-Functional Collaboration:Work closely with other departments, including engineering, production, and procurement, to gather and analyse cost-related data.

Qualifications and Experience:

• Professional accounting qualification or QBE
• Proven experience as a Cost Accountant in a manufacturing, project or R&D environment
• Excellent communication and interpersonal skills
• Strong analytical and problem-solving skills
• Experience of ERP systems
• Attention to detail and a high level of accuracy
• Ability to work independently and as part of a team

To apply, please submit your CV or contact Kate Edwards at Pure.