Cost Accountant
4 days ago
Newcastle upon Tyne
BMC Recruitment Group are delighted to be recruiting for a Cost Accountant on behalf of a leading, fast-growing organisation within the professional services and technology sector. This newly created position offers an exciting opportunity to play a key role within a high-performing finance team, supporting cost control, financial analysis, and strategic decision-making across the business.Key Benefits they offer: • Competitive salary (dependent on experience), • Full-time, permanent position, • Monday to Friday, standard office hours, • Hybrid working, • Free on-site parking, • 33 days annual leave including bank holidays (rising with length of service), • Company pension contribution (increases with service), • Regular company/team events, • Opportunities for long-term career development within a growing groupYour Duties & Responsibilities include:, • Preparation of accurate monthly Management Accounts with insights and commentary (P&L, Balance Sheet, Cash Flow), • Support with subsidiary and consolidated monthly management accounts from an overheads perspective, • Business partnering with department heads, providing cost centre reporting, budgeting and forecasting support, • Weekly nominal and spend analysis to identify trends and variances, • Preparation of Balance Sheet reconciliations, • Reviewing and analysing accruals and prepayments, • Supporting internal and external audit requests, • Overhead tracking for key business projects, • Management of exceptional costs reporting, • Supporting complaints and operational loss reporting, • Working alongside finance teams to develop a universal coding structure for overheads, • Reviewing automated payroll journals and performing payroll reconciliations (MTD/YTD), • Liaising closely with Purchase Ledger to ensure accurate invoice coding, • Conducting ad-hoc overhead and cost analysis for various departments, • Assist with VAT submissions, • Preparation of journalsSystems, Processes & Controls, • Act as a key contributor to continuous improvement initiatives across finance systems and reporting, • Support ongoing enhancements to Workday (or similar ERP) reporting, • Foster collaboration between FP&A, Purchase Ledger, Tax and Technical Accounting teams, • Identify opportunities to improve reporting quality, process control and data accuracy, • Act as a systems administrator for finance and banking systemsExperience Needed:, • Strong Excel skills – essential, • Experience producing management accounts and balance sheet reconciliations, • Variance analysis and cashflow knowledge, • Understanding of purchase ledger cycles, forecasting, accruals, and prepayments, • Experience working to tight deadlines, • Exposure to Workday or similar ERP – desirable, • Financial services experience – desirableQualifications Required:, • Fully qualified Accountant (ACCA / ACA / CIMA / ICAS)