Cost Accountant Job in SP10, Andover, Hampshire

Cost Accountant Job in SP10, Andover, Hampshire. Apply for the latest SP10, Andover, Hampshire jobs in Accounting/Financial/Insurance.

Cost Accountant Job in SP10, Andover, Hampshire

Job Description
Job Description
Cost Accountant
Based in Andover, Office based.
Fulltime
40 hours
We are working with our Client in Andover who are looking for a Cost Accountant responsible for studying and collecting data to determine costs of business activity such as raw material purchases, inventory, subcontractor, labor and overhead. This person will monitor/manage the standard cost system and analyze/audit costs. Responsible for the accuracy and reliability of the manufacturing standard cost inventory records, through analysis and working with operations on continuous process improvement of inventory control and reporting, you will serve as internal audit of the cycle-count program and will prepare weekly report for inventory valuation, manufacturing variances and absorption, as well as assist with month-end close and year-end closing and will report and explain variances between actual and standard cost. This person will also work with Corporate to coordinate and run the Annual Cost Roll for the site
Key Accountabilities
* Maintain Standard Cost System in AX (i.e. – material price, labor routes, roll-up manufacture cost).
* Review, address anomalies and close Production Orders weekly.
* Perform analysis of Manufacturing Variances (material usage vs. planned cost) and explain weekly and monthly variances.
* Monitor BOM cost and changes that impact costing and valuation.
* Work with operations on continuous process improvement of inventory control, cycle counting, engineering change order process, and inventory transactions.
* Serve as internal audit for cycle-count program.
* Supports month end closing activities by assisting with account reconciliations, expense analysis, manufacturing transaction reviews, PPV analysis, inventory reconciliation, cost-of-goods sold, profit margin analysis and journal entries.
* Ability to manage priorities and deadlines, and the ability to solve problems.
* Assists with review and process of E&O reserve requirements and Capitalize Variances.
* Prepare weekly and monthly reports for submission to Corporate (i.e.-inventory, manufacturing variances, absorption, purchase price variance, inventory adjustments, excess & obsolete, etc.)
* Monitors compliance with Finance Policies and Procedures.
* Prepares for and participates in internal and external audits.
* Perform ad hoc analysis of product/plant to support the operations.
* Working with internal and external customers to create efficiencies and improve performance. Maintaining focus on long-term quality results.
Person Specification
* (3) three to (6) six year’s relevant manufacturing analysis and cost management experience.
* Bachelors of Science in Business or Accounting
* Experience with bill of material management and variance analysis.
* Thorough knowledge of accounting principles.
* Able to identify opportunities to improve processes and take initiative to recommend changes to management.
* Detailed oriented, strong Excel skills and be able to partner within a team working ability.
* Proactive and collaborative approach
* Excellent Attention to detail
* Effective time management and prioritising
* Excellent communication across all levels
* Knowledge of Microsoft AX is desirable

Job Type: Permanent, Full Time
Location: SP10, Andover, Hampshire
Category: Accounting/Financial/Insurance
City: Andover
County: Hampshire
Country: United Kingdom
Salary: £40000 – £50000/annum
Benefits: