Cost Accountant

Quanex

  • Wolverhampton
  • Permanent
  • Full-time
  • 8 days ago
How the role will make an impact:The Cost Accountant plays a crucial role in analysing and managing the financial aspects of the Access Solutions business. Working with key stakeholders, they are responsible for tracking, analysing and reporting on the costs associated with the operations. Through their detailed cost information, they play a key role in ensuring the leadership team make informed decisions around cost, efficiency and profitability.Main Tasks & Responsibilities:
  • Provide product cost analysis supporting insights to support strategic decision-making, such as pricing decisions and profitability analysis.
  • Analysis of fixed and variable costs including raw materials, labour and overheads to determine the total cost of manufacturing the products produced and the cost per unit of production driving the implementation of standard costing (introduction of BOM’s etc).
  • Assist with the development of budgets and forecasts by providing key insights into the cost trends and variances.
  • Work collaboratively within the Access Solutions and wider UK&I business including Finance, Procurement, Quality, Manufacturing and Supply Chain to gather data, share insights and where appropriate, implement cost-saving initiatives.
  • Work with key stakeholders in monitoring inventory levels; conducting inventory reconciliation and analysis of inventory valuation.
  • Analysing organisational data and assessing rates of labour, depreciation and overheads to recommend policy amendments that will improve financial performance of Access Solutions including changes to policies and procedures to improve the company’s cash flow.
  • Prepare timely and accurate reports for senior management across the division and support the wider Finance function with input into the monthly and year-end reporting cycle.
  • Ensure compliance with accounting standards and Quanex Delegation of Authority and other internal controls related to cost accounting.
Key Skills:
  • Excellent knowledge of accounting software and MS Office, particularly Excel and Power-point, experience in using NetSuite and OneStream would be an advantage.
  • Excellent knowledge of cost and product cost accounting and reporting, budgeting and forecasting.
  • A strong inclination for and interest in system and process improvement. Must be capable of using own initiative to propose improvements.
  • Analytical mind and excellent communication and presentation skills.
  • Strong at stakeholder management within cross-functional teams.
  • A problem solver with attention to detail.
  • Excellent communication and stakeholder management working within cross-functional teams.
Benefits:
  • Competitive Salary
  • 25 days holiday plus bank holiday
  • Holiday purchase scheme
  • Pension match up to 7%
  • 4 x Salary Life Assurance
  • Enhanced Maternity, Paternity, Adoption and Shared Parental Leave
  • Employee Assistance Programme
  • Cycle to Work Scheme
  • Free Eye Tests
  • Subsidised Canteen
  • Volunteering and Team Building Days
About Us:We are not just another manufacturing company; we are part of something bigger!We are Quanex, a global, publicly traded manufacturing company serving OEMs in the fenestration, hardware, cabinetry, solar, refrigeration, security, and outdoor products markets.This position is based at our ACCESS SOLUTIONS site.Access Solutions provides a total manufacturing solution for roof, ceiling, wall and floor access products to the commercial construction industry.Our mission is to positively impact our customers, employees and shareholders and put them at the centre of everything we do, through innovation technology and best-in-class customer service.Health & Safety Responsibilities:At Quanex, the health and safety of our employees are our top priorities. We are committed to providing a safe and supportive working environment by adhering to the highest safety standards and regulations. Through comprehensive training, regular safety checks, and open communication, we ensure that every team member feels confident and protected while performing their duties. We continuously strive to minimise risks, promote well-being, and encourage a culture of safety across all levels of our organisation.Join us and be part of a team where your safety is as important as your success.

Quanex