Cost Engineer

Benefits Package:

• £35,000 - £40,000
• 12% Pension
• Strong training and development scheme
• Brilliant benefits package.
• Multiple sites Globally - extremely stable company.

With Operations across the Globe and with an ever expanding customer base, this prestigious manufacturer are planning the next part of their recruitment push, following their recent investment they are looking for a Cost Engineer to lead from the front within the Procurement / Finance team. The company has multiple sites within the organisation and offers opportunity to any employee to train both internally and externally to develop your skills, the role also comes with opportunities to progress up the ladder within the organisation and progress your career.

Role & Responsibilities:

• Responsible for maintaining the integrity of the plant production costing and accuracy to ensure management receive clear and accurate data to make strategic decisions for the plant.
• Responsible for executing various tasks related to current cost rates / inventory valuation and the timely resolution of errors
• Responsible for preparing the relevant costing information and analyses for operational management.
• Maintain production cost controlling processes: on SKUs level, production orders by all components (RM, speeds, wastes etc)
• Deal with operations KPI controlling on a frequent basis: actual performance in general and by product , group, machine etc versus standard/targeted
• Control and update the Bills of Materials, Master data to ensure accurate costs and meticulously review costs for any discrepancies
• Prepare the pre- post calculation analysis with advice of areas for improvement
• Update the standard costs and ongoing monitoring and updating of inventory levels (including stocktaking)
• Regular internal reporting of defined operational key figures (e.g., waste, efficiency) and development of related measurement systems/processes
• Develop decision-making bases, creating and improving existing analytical tools & systems (e.g., cost analysis, PMDB).
• Assist with financial month-end closing activities (e.g., inventory valuation, management information systems, cockpit).
• Support commercial/pricing team with right checked costing
• Support and collaborate closely with local operations manager with transparent analysis and areas for improvements
• Support in new product development, optimisations in costing areas
• Support of the annual budgeting process and forecasts
• Controls according to the internal control system (CSA) and Sarbanes-Oxley Act (SOX).

Knowledge, Skills & Experience:

• MUST HAVE experience working as a Cost Engineer within a manufacturing business.
• A degree in Finance, Supply Chain, Purchasing or a similar discipline would be needed.
• SAP preferred or other manufacturing ERP system experience - the business are rolling out a new SAP program next year - experience with SAP will help with that.
• Advanced Excel skills
• Strong knowledge of CO (Product Cost Controlling) / MM modules in SAP.
• Knowledge of production costing: cost elements and cost center accounting, material routine, bills of materials, production processes and production order settlement etc.
• Must be able to manage multiple priorities and enjoy working in a dynamic, fast-paced environment

If you are interested in this position please click 'apply'.

Hunter Selection Limited is a recruitment consultancy with offices UK wide, specialising in permanent & contract roles within Engineering & Manufacturing, IT & Digital, Science & Technology and Service & Sales sectors.

Please note as we receive a high level of applications we can only respond to applicants whose skills & qualifications are suitable for this position. No terminology in this advert is intended to discriminate against any of the protected characteristics that fall under the Equality Act 2010.

For the purposes of the Conduct Regulations 2003, when advertising permanent vacancies we are acting as an Employment Agency, and when advertising temporary/contract vacancies we are acting as an Employment Business.