£45K/yr to £50K/yr
England, United Kingdom
Permanent, Variable

Management Accountant

Posted by Hays Specialist Recruitment Limited.

Our client, a globally recognised manufacturing company known for its cutting-edge technology and innovative product range, has an exciting and rare opportunity for a Management Accountant. Based at their Carlisle site, this role is crucial for accurate site and group reporting. Reporting directly to the Industrial (Financial) Controller, the Management Accountant will also handle costings for both new and existing projects.
This role is an integral part of the Industrial Accounts team, with the responsibility for the following types of key management accounting activities:

  • Manage the costing process for both new and existing products
  • Assist in costing evaluations for continuous improvement projects, providing recommendations on viability
  • Develop and maintain robust costing models from the bills of material and company waste factors.
  • Ensure accurate classification of expenses under Generally Accepted Accounting Principles (GAAP)
  • Monitor material costs to ensure the accuracy of the information in the company's accounting system
  • Analyse manufacturing costs and prepare periodic reports comparing standard prices to actual production costs
  • Participate in physical inventory counts to ensure the accuracy of inventory records
  • Perform raw material waste and usage calculations and journals as required
  • Perform physical inventory of WIP stocks
  • Calculate Design to Cost efficiencies in conjunction with R&D as required
  • Monitor the accumulation of all direct labour, overhead and other manufacturing-related expenses in conjunction with Industrial Engineering
  • Communicate complex financial information to stakeholders, promoting greater understanding to non-financial colleagues
  • Develop and maintain the Transfer Pricing Policy and margin controls
  • Support the Industrial Controller and internal and external colleagues in the completion of weekly, monthly, quarterly and annual reporting for your area of control
  • Support the Industrial Controller and internal and external colleagues to develop budgets, long-term strategic plans, and performance metrics for your area of control
  • Implement and develop more efficient ways of working within existing systems and processes
  • Complete ad-hoc projects and work with colleagues to develop and improve financial processes and systems in ways that maintains/improves efficiency, accuracy, and scalability

Skills and experience required:

  • Fully Qualified Accountant with experience in a manufacturing or large company environment, candidates nearing qualification will also be considered.
  • Ability to demonstrate strong analytical skills and understand / interpret large blocks of information quickly - essential
  • Excellent communication skills, with the ability to easily connect with people at different levels in different functions
  • Ability to negotiate and influence, whilst maintaining a strong working relationship
  • Highly IT literate, including a high proficiency in MS Excel - essential.
  • Experience of SAP highly desirable.
  • Flexibility with a can-do attitude, able to meet changing deadlines within a pressurised environment
  • A good team player, dynamic and have an enthusiastic perspective
  • A drive for improvement of systems / reporting
  • Comfortable with adapting to, and helping drive change

Salary and benefits package on offer:

  • Annual salary dependent on experience up to £50,000 per annum
  • 33 days holiday per year (inclusive of bank holidays)
  • Pension scheme with linked life insurance
  • Service-related payment, incremental with every year
  • Employee discount scheme
  • Employee assistance programme
  • Discounted tyre vouchers
  • Bike to work scheme (salary sacrifice)
  • Car purchase scheme (salary sacrifice)
  • Full-time permanent role, 37.5 hours per week (8.30 am - 4.00 pm)
  • Hybrid working; 3 days in the office and 2 days at home), full-time office based initially

Interview date 13th August 2024, candidates are encouraged to apply ASAP for initial shortlisting.
What you need to do now

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