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Cost Accountant

Job Title: Cost Accountant
Contract Type: Permanent
Location: Birmingham
Industry:
Salary: 30000 - 40000
REF: PT004
Contact Name: Deb Pettingill
Contact Email: debpettingill@proftechtalent.co.uk
Job Published: about 1 year ago

Job Description

Role purpose

To work with Sales and Purchasing departments to ensure integrity in standard and current costs and review profitability of both new and existing business.  To provide sales personnel with cost estimates which facilitate informed decision-making with the relevant departments to achieve sound and effective commercial costs

 

Internal contacts

  • Sales & Marketing
  • Manufacturing
  • Purchasing
  • Technical Support

 

External contacts

  • None

 

 

Budgetary responsibility

  • None

Direct Reports

  • None

 

Duties and responsibilities

  • Assist the Finance Function where necessary in maintaining integrity in costs held within the FourthShift system
  • Provide Sales Team with costs/GM% for quotes to new business to customers using SalesForce and FourthShift
  • Review GM% post shipping of new business to check whether GM% has changed, establish reasons why and suggest corrective action to improve
  • Monitor Customer order quantities against original forecast/commitment and bring any material differences to the attention of Sales and Purchasing for discussion with the customer; following up in a timely manner to establish the outcome of the discussions
  • Work with Purchasing and Sales to ensure relevant information is collated and reviewed to enable the business to make commercially sound commitments on Purchase Orders
  • Review assembly and test times on Fourth Shift to establish and agree new and existing products with manufacturing
  • Review change of Price Authorisation Forms raised by Purchasing Department for current and standard costs
  • Assist the Financial Controller on the preparation of CAR forms where necessary to ensure documentation is comprehensively reviewed and completed
  • Monitor low or negative GM% lines by customer order/shipment and make recommendations for improvement actions
  • Review and analyse GM trends, making recommendations for improvement actions where appropriate
  • Conduct monthly margin reviews, identifying trends and communicating via regular monthly Margin Improvement meetings
  • Carry out ad hoc projects within the Finance Department as required
  • Provide support during annual Budgeting process and with ad-hoc modelling of reports as required

 

Professional Skills

  • Able to interpret and analyse data and draw valid conclusions with the ability to articulate ideas clearly and concisely
  • Attention to detail and good technical knowledge of product range and processes
  • Able to read and understand bills of material
  • Very strong commercial understanding and pragmatic approach
  • Excellent communication skills, verbal and written with the ability to communicate with people at all levels and from diverse cultures
  • Capable of proactively challenging existing practices, processes and systems to deliver improvements to benefit the business
  • Excellent organisational skills, with the ability to prioritise a busy workload
  • Able to work on own initiative and attention to detail essential
  • Professional credibility and integrity