Cost Accountant / Cost Analyst

Date:  22 Nov 2024
Location: 

High Wycombe, GB

Job Function:  Business
Business Unit:  NanoAnalysis

At Oxford Instruments, we enable the world’s leading industrial companies and scientific research communities to image, analyse and manipulate materials down to the atomic and molecular level. With a sixty-year history, and fourteen Queen’s Awards for Enterprise, our world-class products and technologies are helping our customers to address the greatest challenges of the 21st century.

 

We are looking for a Cost Accountant to join the Finance Team in High Wycombe, this person will be responsible for the valuation of inventory, revenue and cost of goods sold for the EM & NMR product lines. Be responsible for the P&L reporting to Gross Margin and Inventory and Warranty provisions.  They will provide meaningful financial information which will be used for decision making and be a key finance partner for the Operations team.

 

Location:

This is a hybrid role, with 3 days in the office. The working week is 37 hours and has the flexibility to start between 07:30-09:30. We are based in High Wycombe, on the Cressex Business Park.

 

What is in it for you?

At Oxford Instruments, we put our people at the heart of all we do. We embody our values of: We are Inclusive, we are Innovative, we are Trusted, and we are Purposeful. As an employee of Oxford Instruments, you will be given the development and mentorship to succeed, an environment that breeds authenticity and curiosity. We are committed to supporting a diverse and inclusive working environment, all of our people bring with them, unique perspectives and skills, varying levels of experience and a shared commitment to excellence providing an environment in which others can learn from each other, innovation is forefront of mind and collaboration flourishes. In addition, we also offer a comprehensive benefits package to include: 12:30 Friday finishes, BUPA private health insurance, dental insurance, group pension, cycle to work, tech and car schemes, as well as give as you earn and option to purchase shares, numerous discounts and 25 days holiday.

 

The role:

 

  • Costing & Production AccountingMonthly review of labour recovery to ensure costs are correctly recovered to Prime Margin, provide analysis to the Production Manager for effective management of labour and to ensure Production cells are correctly set up; Reviewing monthly ledger entries to ensure direct cost of sales and other cost of sales are correctly reported
  • Financial Reporting: Contribute to monthly financial closing activities, and support the preparation of management accounts / month end
  • Budgeting & Forecasting: Prepare monthly revenue analysis, produce weekly revenue forecast.
  • Stock & Inventory Management: Ensure the accuracy of inventory records for accounting purposes, preparing WIP reconciliations
  • Cost Analysis:Prepare monthly revenue analysis; prepare and review margin analysis against prior year/budget/forecast.  

 

Note: this is not an exhaustive list of responsbilites: a full role profile can be requested by emailing abby.gelder@oxinst.com

 

What we are looking for:

  • Qualified or part - (ACCA, CIMA, AAT Level 4)
  • Advanced user of excel
  • Analytical and decision making skills
  • Tranferrable experience within a Cost Accounting/Analyst (or similar) role

 

 

Selection Process:

For any queries on anything mentioned within the description, please contact Abby Gelder (recruiter). The first step in our process, will be to have a screening call with Abby, where you’ll learn more about the business, the role, and have the opportunity to tell Abby more about yourself. Next, successfully shortlisted candidates will be invited to interview, this will include an excel test, and interviewing with the Financial Controller and General Manager.