Cost Accounting Manager
Michael Page York
About Our Client
My client is a prominent leader in the food manufacturing industry, renowned for our commitment to quality, innovation, and sustainability. They pride ourselves on producing high-quality food products that meet the diverse needs of our customers.They are seeking a skilled and experienced Cost Accounting Manager to join the team and play a key role in managing and optimizing our cost accounting processes.
Job Description- Cost Analysis and Reporting:
- Develop and maintain cost accounting systems to track, analyze, and report on manufacturing costs.
- Prepare detailed cost reports, including variance analysis, cost trends, and profitability assessments.
- Conduct regular cost reviews and provide insights to management to support decision-making.
- Budgeting and Forecasting:
- Assist in the preparation of annual budgets and financial forecasts, focusing on cost-related aspects.
- Monitor budget performance and identify areas for cost control and improvement.
- Collaborate with other departments to ensure alignment of financial goals with operational objectives.
- Inventory Management:
- Oversee inventory valuation, including raw materials, work-in-progress, and finished goods.
- Ensure accurate inventory records and conduct periodic physical inventory counts.
- Implement and monitor inventory control procedures to minimize waste and obsolescence.
- Cost Control and Optimization:
- Analyze production costs and identify opportunities for cost reduction and efficiency improvements.
- Develop and implement cost control strategies to enhance profitability and operational effectiveness.
- Provide recommendations for process improvements and cost-saving initiatives.
- Financial Compliance and Auditing:
- Ensure compliance with internal controls, accounting standards, and regulatory requirements.
- Assist with internal and external audits, providing necessary documentation and explanations for cost-related queries.
- Maintain accurate and up-to-date cost accounting records and documentation.
- Team Management:
- Lead and mentor the cost accounting team, providing guidance and support for professional development.
- Delegate tasks and ensure timely completion of cost accounting assignments.
- Foster a collaborative and productive work environment.
MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.
The Successful Applicant- Bachelor's degree in Accounting, Finance, or a related field; CPA or CMA designation preferred.
- Proven experience as a Cost Accountant or in a similar role within the food manufacturing industry.
- Strong understanding of cost accounting principles, manufacturing processes, and financial reporting.
- Proficiency with accounting software and ERP systems (e.g., SAP, Oracle).
- Excellent analytical, problem-solving, and organizational skills.
- Ability to interpret complex data and communicate findings to non-financial stakeholders.
- Strong leadership and team management abilities.
- Detail-oriented with a high degree of accuracy and integrity.
- Competitive salary and comprehensive benefits package.
- Opportunities for career growth and professional development.
- A dynamic and innovative work environment.
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