Cost Accountant 6 month FTC

Cost Accountant 6 month FTC

Posted 4 days ago by Acro Aircraft Seating Ltd

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Negotiable
Undetermined
Hybrid
Crick, England, United Kingdom
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Accounting Accounting Records Agile Methodology Bank Reconciliations Basic Accounting Principles Budgeting Certified Public Accountant Certified Public Accountant (CPA) Chartered Institute of Management Accountants (CIMA) Cost Accounting Cost Control Cost Of Goods Sold (Inventory) Cost Reduction Data Analysis Finance Financial Data Forecasting Management Market Trend Microsoft Excel Month-End Closing Reconciliation SAP Applications Vlookups

Summary: Acro Aircraft Seating is seeking a detail-oriented Cost Accountant to join their finance team for a 6-month fixed-term contract. The role involves analyzing and controlling costs related to production, inventory, and operations, while ensuring accurate financial reporting. The successful candidate will collaborate with various departments to identify cost-saving opportunities and improve processes. This position is based in Crick, England, and offers hybrid working arrangements.

Key Responsibilities:

  • Calculate and analyse manufacturing, production, and operational costs.
  • Prepare detailed cost reports (standard vs. actual costs) and explain variances.
  • Monitor inventory valuation and ensure accurate cost allocation.
  • Perform month-end closing activities related to inventory and cost of goods sold (COGS).
  • Perform stock reconciliation exercise to ensure all reports match.
  • Manage scrap process and provide recommendations to management.
  • Conduct physical inventory audits and reconcile discrepancies.
  • Analyse inventory turnover, obsolescence, and shrinkage.
  • Assist in developing cost standards for materials, labour, and overhead.
  • Support budgeting and forecasting processes with cost-related insights.
  • Track cost trends and provide recommendations for cost reduction.
  • Identify inefficiencies in production and supply chain processes.
  • Recommend cost-saving measures and process optimisations.
  • Implement best practices in cost accounting procedures.
  • Ensure compliance with GAAP/IFRS and internal accounting policies.
  • Maintain accurate cost accounting records and documentation.
  • Assist with internal and external audits as needed.
  • Work with production, procurement, and finance teams to gather cost data.
  • Provide financial insights to support pricing and operational decisions.
  • Train non-financial staff on cost control measures.

Key Skills:

  • Bachelor’s degree in Accounting, Finance, or related field.
  • Professional certification (e.g., CMA, CPA, CIMA) is a plus.
  • 3+ years of experience in cost accounting, preferably in manufacturing or production environments.
  • Experience with ERP systems (e.g., Epicor, SAP, Oracle, MS Dynamics) and advanced Excel (pivot tables, VLOOKUP).
  • Strong analytical and problem-solving skills.
  • Detail-oriented with high accuracy in data analysis.
  • Knowledge of cost accounting principles (standard costing, ABC costing, etc.).
  • Ability to communicate financial data to non-finance teams.

Salary (Rate): undetermined

City: Crick

Country: United Kingdom

Working Arrangements: hybrid

IR35 Status: undetermined

Seniority Level: undetermined

Industry: Other

Detailed Description From Employer:

Acro Aircraft Seating is one of the UK’s leading and fastest-growing manufacturers of passenger seats for commercial airlines around the world. We are an agile, innovative business at the forefront of disrupting the aerospace market. Through modern methodologies, lean techniques, inspired innovation, and passion for being the best, Acro is positioning itself to be the world’s leading aircraft seating supplier. Collaboration is one of Acro’s core values, by working together and applying our skills and expertise across Sales, Engineering, Quality, Supply Chain and Operations, we find the solutions to our clients’ most complex challenges and how we deliver our promises today and tomorrow.

Location: UK

Salary: Competitive Excellent Benefits

25 days holiday + bank holidays

Pension

Healthcare scheme

Life assurance

Employee Assistance Programme

Retail discounts

Training opportunities

37.5 hours per week – 1 pm finish on a Friday

Hybrid working

We are seeking a detail-oriented and experienced Cost Accountant to join our finance team. The Cost Accountant is responsible for analysing and controlling costs related to production, inventory, and operations. This role involves understanding and calculating the BOM, identifying cost-saving opportunities, and ensuring accurate financial reporting.

Key Responsibilities

  • Cost Analysis & Reporting: Calculate and analyse manufacturing, production, and operational costs. Prepare detailed cost reports (standard vs. actual costs) and explain variances. Monitor inventory valuation and ensure accurate cost allocation.
  • Inventory Management: Perform month-end closing activities related to inventory and cost of goods sold (COGS). Perform stock reconciliation exercise to make sure all reports are matches Manage scrap process and provide recommendations to the management Conduct physical inventory audits and reconcile discrepancies. Analyse inventory turnover, obsolescence, and shrinkage.
  • Budgeting & Forecasting: Assist in developing cost standards for materials, labour, and overhead. Support budgeting and forecasting processes with cost-related insights. Track cost trends and provide recommendations for cost reduction.
  • Process Improvement: Identify inefficiencies in production and supply chain processes. Recommend cost-saving measures and process optimisations. Implement best practices in cost accounting procedures. Take initiative on ERP related project
  • Compliance & Documentation: Ensure compliance with GAAP/IFRS and internal accounting policies. Maintain accurate cost accounting records and documentation. Assist with internal and external audits as needed.
  • Cross-Functional Collaboration: Work with production, procurement, and finance teams to gather cost data. Provide financial insights to support pricing and operational decisions. Train non-financial staff on cost control measures.

Qualifications & Skills

  • Education & Certifications: Bachelor’s degree in Accounting, Finance, or related field. Professional certification (e.g., CMA, CPA, CIMA) is a plus.
  • Experience: 3+ years of experience in cost accounting, preferably in manufacturing or production environments. Experience with ERP systems (e.g., Epicor, SAP, Oracle, MS Dynamics) and advanced Excel (pivot tables, VLOOKUP).
  • Key Competencies: Strong analytical and problem-solving skills. Detail-oriented with high accuracy in data analysis. Knowledge of cost accounting principles (standard costing, ABC costing, etc.). Ability to communicate financial data to non-finance teams

The Parent Company of ACRO Aircraft Seating is Zhejiang Tiancheng Controls Co., Ltd headquartered in China. We really want to hear from you, so don’t miss your opportunity to join us! Once you apply, your CV will be held on our central database. Please do let us know if you do not wish for us to retain your details. If your application is successful, you will be contacted in due course. Acro Aircraft Seating is an equal opportunities employer. Please view our website for access to our Job Applicant Privacy Notice. The closing date for applications is 30th July 2025. Please note: This advert may close early if sufficient applications are received. Acro Aircraft Seating uses reserve lists for positions where more than one candidate is deemed suitable for a position. Reserve lists are in place for 12 months, during which time reserve candidates may be offered the same or similar post should one become available.

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