“The key to making a good forecast is not in limiting yourself to quantitative information.” - Nate Silver. Sheridan Maine is delighted to be working with a highly regarded organisation in Aston, West Midlands, to recruit a Cost and Management Accountant. This role offers the chance to join a forward-thinking business, taking on a pivotal position that will contribute to financial reporting, operational performance, and strategic decision-making.Responsibilities of the Cost and Management Accountant include:
1. Maintain the integrity of the Bill of Materials and ensure accurate costing processes.
2. Calculate annual standard/predicted costs and analyse the impact of changes on group results.
3. Apply a deep understanding of costing mechanisms, implementing improvements when necessary.
4. Conduct thorough monthly variance analysis, assessing its effect on margins.
5. Develop robust processes and controls to capture all costs accurately as part of month-end reporting.
6. Reconcile relevant balance sheet accounts monthly.
7. Analyse key performance drivers within the department and across the organisation to add value.
8. Assist the Financial Controller and senior management team with the production of financial reports, business planning, quarterly forecasts and supporting decision-making processes.
9. Assist with ad hoc projects, providing analysis and support where required.