Commercial Costing Analyst
West Drayton, London
£50,000 - £60,000
- Newly created role following an exciting acquisition
- Significant opportunity to join in a time of change, growth & development
About Our Client
The John Guest Group of Companies are involved in the manufacturing and production of push-in fittings, pipe and plastic plumbing systems to a wide variety of industries and applications such as Drinks Dispensing, Plumbing, Compressed Air Systems, Water Purification and more. Headquartered in West Drayton, United Kingdom, the company has a global presence with offices in Asia, Europe, and North America, as well as the Pacific.
In mid 2018 John Guest was acquired by Reliance Worldwide Corporation (RWC), an ASX listed global provider of water control systems and plumbing solutions for domestic, commercial and industrial applications.
This is an incredibly exciting time at John Guest & RWC, with the acquisition already resulting in significant opportunities globally. Due to the acquisition and ambitious growth plans, John Guest have identified the need for a Commercial Costing Analyst to support current & future costing activities. This is an incredible opportunity for the successful candidate to make their mark & grow within the business.
Job Description
The Commercial Costing Analyst will be responsible for developing, maintaining, and forecasting standard product costs in ERP system (Currently SAGE, with a SAP implementation commencing in the immediate future) ensuring product cost is correctly stated per budget standards. In addition to primary cost accounting responsibility, the role will work closely with the Operations Finance Business Partner to support the wider Operations functions with variance analyses, budgeting/forecasting, reporting, and ad hoc projects.
Position Responsibilities
- Develop and maintain standard cost of finished goods and production components in ERP system, along with analysis of fixed, variable, and labour rates
- Identify and provide root-cause drivers while assessing the following manufacturing variances such as material usage, direct labour efficiency, scrap and Purchase Price Variance (PPV)
- Analyse changes in product design, raw materials, manufacturing methods, to determine effects on costs
- Build strong relationships with Operations and Product Development teams by providing analytical support around product costing
- Support and validate cost improvement initiatives
- Assist in regular journal entry, month-end closing, and reporting processes
- Analyse actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs
- Assist with development of annual budgets and forecast updates
- Participate in internal and external audits
The Successful Applicant
The successful candidate will have experience in a similar position where they have been required to calculate and analyse a wide range of product costing. Ideally this will have been within a manufacturing environment, however we are open to discussions with candidates from other industries that have significant costing elements. This candidate will need to have a natural curiosity & drive to succeed. There will be opportunity to change, develop and improve methodologies & ways of working. John Guest are at the cutting edge of the technology they create and as such are looking to recruit incredibly bright, hard working and extremely competent candidates.
As John Guest are shortly implementing SAP a good knowledge of this system will be greatly preferred for this role.
Capabilities
- Excellent Excel analytical skills
- Frequently completes tasks ahead of target, exhibits a high level of urgency/quality
- Possess an analytical approach with a clear passion for accuracy and attention to detail
- Self-starter, flexible, and approachable
- Ability to communicate confidently with people across the business at all levels of seniority
Experience & Educational Requirements:
- Qualified accountant (CIMA/ACCA/ACA)
- Experience in manufacturing accounting, specifically standard costing
- Knowledge and experience of the key systems used in the business (SAP preferred, SAGE)
What's on Offer
You will be joining an incredible company at a very exciting time. John Guest are very focused on the growth of the business and have ambitious plans for the coming years. Being a newly created role, there's significant opportunities for the new incumbent to add value and grow within the company. You will be given the opportunity to grow & develop as well as modify the role to create maximum value.
They are based in modern offices in W. Drayton & have parking available on site.
We have a very competitive salary on offer for the successful commercial costing analyst.
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