Cost Accountant

Erdington, Birmingham
£38,000 per annum
12 Jul 2019
31 Jul 2019
Contract Type
Full Time
Job title: Cost Accountant

Salary: Up to £42k per annum

REED Accountancy are working with a well known business based in North Birmingham with a view to recruit a cost accountant on a permanent basis to join their established finance team


Costing & Margin Analysis:

• Produce cost analysis of the Aftermarket business, reviewing and (where appropriate) updating cost standards on a periodic basis.

• Prepare & support the commercial organisation with profit margin analysis.

• Work with colleagues to develop "variance to standard" reporting.

• Work with the Financial Reporting Accountant to deliver appropriate monthly & annual reporting of the Aftermarket Services organisation.

• Work with Management Accountant to review and, if necessary, amend the overhead recovery rates to establish a fair allocation between New & used products in the UK, thus improving comparability with the overseas retread facilities.

Stock valuation & management:

• Ensure that aftermarket inventory is appropriately controlled & valued, coordinating with Management Accountant as necessary.

• Work with the commercial organisation & other colleagues to ensure retread stock & worn casing levels are properly managed.

• Ensure that the return & processing of worn casings is properly controlled and administered on a timely basis.

• Where casings are scrapped out ensure that, where appropriate, customer recoveries are sought and coordinate with other departments as necessary.

CPAL contracts & pool management:

• Work with the commercial organisation and Management Accountant to support optimisation of managing long term agreements.

• Work with Management Account New Tyres to ensure CPAL assets are appropriately valued and that the mix of New & Retread products is optimised.

• Provide any necessary financial support on any new RFQ's / tender processes.

• Provide financial support to the periodic pool audit process.

Other key areas:

• Provide assistance & support to the Budget & Forecasting processes to the Aftermarket business.

• Provide finance support to retread capacity planning both in terms of capital equipment, facilities utilisation and labour.

• Wastage & scrap reporting for Retread.

• Work with other members of the Finance team where certain services overlap both New & Retread and where information sharing & coordinated working is required.


• Timeliness and data accuracy of reporting.

• Reporting is understood and supported by appropriate explanation.

• Commercial opportunities relating to Long Term Agreements are identified & utilised.

You will be a qualified by experience candidate or part qualified with a wealth of experience in the above fields.

** Please apply now id you meet the criteria above!! **