Cost Accountant – Heavy Engineering Manufacturing (73049) Job at Ntice Sourcing Solutions

Job Description

• Our client is looking for an experienced Cost Accountant to join their finance team in Worcester.
• A background in heavy engineering manufacturing is essential. This role requires strong practical experience in standard costing, manufacturing variance analysis, work-in-progress (WIP) and project costing.
• The successful candidate will work closely with engineering, production, procurement and supply chain teams to improve costing accuracy, identify cost savings and support profitability.

Minimum Requirements

• BCom in Cost and Management Accounting or CIMA qualification.
• 5-8 years' relevant cost accounting experience within a heavy engineering manufacturing environment.
• Proven standard costing and variance analysis experience.
• Strong WIP and project costing expertise.
• Syspro experience, or experience with another major manufacturing ERP system.
• Advanced Microsoft Excel and financial modelling skills.
• Knowledge of IFRS, financial reporting and management accounting.
• Demonstrated experience working closely with engineering, production, procurement and supply chain teams.
• Exposure to lean manufacturing and continuous improvement initiatives.

Key Responsibilities

• Develop, maintain and review standard costing models for products and manufacturing processes.
• Analyse material, labour and overhead costs, investigate variances and recommend corrective action.
• Perform detailed project costing and monitor WIP, raw materials and finished goods balances.
• Support pricing decisions through accurate product costing and margin analysis.
• Prepare monthly costing reports, management information and profitability analyses by product class.
• Assist with month-end and year-end processes, budgeting, forecasting and financial planning.
• Maintain costing-related ERP master data and support system improvements.
• Partner with operational teams to improve costing accuracy and efficiency.
• Ensure compliance with internal controls, accounting standards and company policies.
• Support lean manufacturing, continuous improvement and cost reduction initiatives.

Key Attributes

• Strong attention to detail and accuracy.
• Excellent analytical and problem-solving skills.
• Ability to analyse large data sets and present practical recommendations.
• Strong commercial awareness, communication and stakeholder management skills.
• Ability to work independently and meet deadlines.
• High levels of integrity and professionalism.

Working Hours

• This is a fully office-based position in Worcester. Candidates must be willing to work the following shifts: 06:00 - 14:30 / 07:30 - 16:00 / 07:30 - 16:30