Cost Accountant

Job Title: Cost Accountant
Contract Type: Permanent
Location: Newport
Salary: £30600 - £34000 per annum
Start Date: ASAP
Reference: 13945385/001_1536336983
Contact Name: Ross Brown
Contact Email:
Job Published: September 07, 2018 17:16

Job Description

This is an excellent opportunity for a newly qualified/1 year Post Qual Accountant or someone with costing experience

Client Details

My client is a large Not for Profit organisation based in Newport


The Cost Accountant plays a key role within the organisation, working as a trusted finance partner to a key stakeholder in the business.

Covering a key area of the business, the Cost Accountant is responsible for ensuring that the monthly management accounts are accurate, reconciled, reflect work in progress (WIP) values and accruals.

Key responsibilities

  • Work closely with the DLO Manager and operational staff to ensure all jobs have accurate standard costs
  • Preparation of the monthly budget reports to a strict timetable, together with in depth analysis of production and spend variances
  • Monthly WIP, preparation of accruals and reconciliation to the general ledger ensuring that any differences are investigated and resolved in a timely manner
  • Maintenance of the standard costing system within the job recording system (URM), ensuring these are accurate and consistent
  • Develop a suite of monthly reports that are fit for purpose and allows the business to look strategically at the numbers to make future decisions
  • Assist in the preparation of the annual DLO budget
  • Review and development of processes and controls relating to production and inventory
  • Support the delivery of efficient and effective services and drive value for money in Maintenance Services activities
  • Support with the development of forecasting, reporting and system/process enhancements
  • Monitoring, analysis and reporting on the impact of cost changes within the business
  • Assist with the production of monthly management reporting
  • Work closely with the external auditors to assist them with their work on the year-end figures
  • Respond quickly to internal requests to provide new or updated costings
  • Ad-hoc analysis and reports as and when required
  • To prepare and analyse complex financial information to support and inform business decisions
  • To review team procedures and processes to deliver improvements in job costing services and customer satisfaction that reflects changing needs of the organisation and service users
  • To assist with on-going development and review of job recording/costing software and reporting tools to ensure the maximum benefit is achieved from IS systems
  • To contribute to regular and ad hoc business projects which are relevant to or have an impact on the Maintenance Services function
  • To undertake any other duties as directed by your Line Manager in furtherance of the organisation objectives, priorities and changing needs


  • Qualified accountant with a CCAB body
  • Relevant experience and strong working knowledge of management accounting practices
  • Proven experience of working in job costing environment
  • Experience of developing and improving reports
  • Strong numeracy and analytical skills
  • Experience of working as part of an operational team
  • Strong spreadsheet skills, preferably MS Excel, and high level of competence in the use of other IT systems
  • Excellent communication and presentation skills
  • Proven influencing skills
  • Ability to work under pressure to meet strict deadlines and changing priorities
  • High level of accuracy and attention to detail
  • Ability to work on own initiative and also as an active team player

Job Offer

Basic Salary of £30,000 - £34,000

Excellent benefits package