cost accountant in telford

job type
£ 16 per year
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job details

telford, west midlands
job category
financial services
job type
working hours
£ 16 per year
reference number
03330 160 303
apply now

job description

Company Profile:

Cosma Casting UK is an operating unit of Magna International, one of the world's premier global automotive suppliers. Magna's pioneering technology and creativity allows our customers to ask for solutions that lie beyond what they previously thought was possible.

Cosma Casting UK have established a manufacturing facility on a green field site in Telford, specialising in high pressure die-casting medium to large aluminium die-cast automotive components.

Position Summary:

Reporting to the Finance Manager, the Cost Accountant will be responsible for implementing and maintaining product cost structures, producing meaningful cost variance analysis and developing detailed cost forecasts.

Role Responsibilities:

* Development and preparation of labour productivity reports, analysing and identifying key variances.
* Assist with the preparation of weekly/monthly/quarterly forecasts.
* Preparation of monthly stock and Cost of Sales journals.
* Completion of monthly stock balance sheet account reconciliation.
* Verification and recording of month-end inventory cut-off tests.
* Maintain and update rolling stock forecast, identifying variances to prior forecasts.
* Verification and updating in SAP of standard costs for materials, labour and overheads.
* Attend Engineering Change meetings and preparation of financial impact for change requests.
* Preparation and analysis of variances between actual and standard cost.
* Assisting with analysis of Contribution Margin against customer quotation, tracking movements and reconciling back to original business case.
* Collection and preparation of internal costs relating to Government Grants.
* Track internal costs against customer tooling projects.
* Assisting with reporting of the financial performance of Continuous Improvement projects.
* Assisting with the implementation of robust internal financial controls compliant with Magna minimum controls.
* Assist with preparation of quarterly forecasts and annual budgets.
* Promote the companies HSE policies across the department and plant.




* ACCA/CIMA Newly or Part Qualified.
* Manufacturing and/or Automotive sector experience
* Solid understanding and experience of product costing.
* Excellent Microsoft Excel skills
* Experience of working within a strong Internal Control environment.
* Experience of SAP.
* Experience of Hyperion
* Up to date knowledge of financial reporting standards.

Personal Attributes:

* Attention to detail
* Good interpersonal skills
* Team player
* Ability to work in a fast paced environment
* Strong communicator both written and verbal
* Ability to work on own initiative
* Ability to work under pressure
* Self-motivated and focused
* Ability to work under pressure with short completion times for projects
* Very organised
* Excellent analytical and reporting skills
* Proactive to change and in approach with a "can do attitude"
* Eligibility to work in the UK
* Valid Driving Licence

Work Environment

* Although this role is office based, Plant conditions necessitate exposure to heat, cold, dust, hot objects, and loud noises within our manufacturing environment. Full Health and Safety training and PPE provided for all conditions.




a levels

educational requirements