Cost Accountant Specialist

4 days ago


Bray, Wicklow, Ireland Wallace Myers International Full time

Job Title: Cost Accountant Specialist

We are seeking a highly skilled Cost Accountant Specialist to join our team at Wallace Myers International. As a key member of our finance department, you will play a critical role in ensuring the financial health and operational success of our organisation.

About the Role:

  • Cost Accounting:
    • Monitor and analyse production costs, raw material usage, and inventory valuation.
    • Collaborate with production teams to track and control manufacturing expenses.
    • Provide variance analysis between actual costs and budgeted costs, identifying areas of inefficiency.
  • Inventory Management:
    • Manage inventory levels to ensure optimal stockholding.
    • Monitor and analyse inventory turnover rates.
  • Cost Control and Reduction:
    • Identify and implement cost-saving initiatives.
    • Analyse and mitigate variances in actual costs versus budgeted costs.
  • Financial Reporting and Analysis:
    • Prepare accurate and timely financial statements.
    • Provide financial insights to senior management.
  • Tax Compliance and Risk Management:
    • Ensure compliance with tax regulations.
    • Liaise with external auditors during annual audits.
  • Cash Flow Management:
    • Manage cash flow to ensure sufficient funds for operations and investments.
  • Staff Development and Training:
    • Automate routine tasks.
    • Train staff on financial policies and use of accounting software.

Requirements:

  • A 3rd level qualification in Accounting, Finance or related field.
  • Professional certification (e.g. ACA, ACCA, CPA, CIMA).
  • Previous experience in financial accounting, ideally within a manufacturing environment is a distinct advantage.
  • Proven track record of inventory management and cost accounting processes.

Key Skills & Competencies:

  • Analytical Skills: Strong ability to interpret financial data and identify trends.
  • Attention to Detail: Ensures accuracy in reports and reconciliations.
  • Knowledge of Industry Standards: Understanding of cost accounting specific to food production.
  • Communication: Effectively communicates financial insights to non-finance stakeholders.
  • Problem-Solving: Proactively identifies and addresses financial and operational issues.
  • Technical Proficiency: Proficiency in accounting software (e.g., SAP, Oracle, QuickBooks) and advanced Excel skills.
  • Organisational skills: An ability to manage multiple projects under tight deadlines.
  • Team player: An ability to collaborate across departments and with external partners.


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