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Date Added: Fri 01/11/2024

Cost Accountant

Livingston, UK
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Company: MERIDEN MEDIA

Job Type: Permanent, FullTime

Salary: Competitive salary

Job Title: Cost AccountantLocation: LivingstonSalary: CompetitiveProfileWe 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.
  • ownership of personal goals and objectives.
  • 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.
  • Good Communication skills
  • Ability to make decisions and apply judgement using own initiative.
  • Intermediate knowledge of Word and Excel
  • Able to work to tight deadlines.
  • Knowledge of internal control systems and procedures.
  • Experience of Sarbanes and Oxley is advantageous.
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