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Cost Accountant

Job Posted: 12 hours ago

  • Salary: £ 48,000 - 50,000 / Annum

    Job Type: Permanent

  • Location: Chedburgh, Suffolk

Expire in: a month

Job Description

About Us Strain Measurement Devices Ltd is a dynamic and ambitious manufacturer of precision measurement instruments. We’re committed to quality, innovation, and continuous improvement in everything we do. We are now looking for a dedicated Cost Accountant to join our team — someone who will play a central role in shaping how we track, manage, and optimise costs across the business. The Role As our Cost Accountant, your main responsibility will be to develop and maintain a standard cost system that reflects our unique production processes and supports informed decision-making. On a day-to-day basis, you will: * Establish, update, and manage standard costs for materials, labour, and overheads based on actual production activities. * Compare actual costs vs standard costs, identify variances, and provide clear variance analysis and reporting. * Collaborate with procurement, production, and operations to identify cost-saving opportunities and suggest efficiencies. * Prepare regular cost reports to support management accounting, budgeting, forecasting, and strategic decision-making. * Provide month-end close support to the Financial Controller, including journal entries, reconciliations and management-accounting reports. * Assist with various accounting tasks in a small, busy accounts office — from purchase/sales ledger to bank reconciliations and general accounting support. * Maintain audit schedules and support both internal and external audit requirements related to cost accounting. What We’re Looking For * The role will be suited to a recently Qualified or a Finalist. We will also consider a Part Qualified or QBE with costing experience * Prior experience in cost or management accounting, preferably within a manufacturing or production environment. * Strong analytical skills, high attention to detail, and ability to work with large data sets (e.g. using Excel/spreadsheets and accounting software). * Excellent organisational, problem-solving and communication skills — able to work both independently and collaboratively. * An interest in continuous improvement, cost optimisation and supporting strategic decision-making through reliable financial data and insight. We offer * £50k salary * Employer pension contribution above the statutory minimum — increasing with length of service * 25 days’ paid holiday + all statutory (bank and public) holidays * Study support is possible for the right cundidate

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