About us
We see a future where everyone can live and move without limitations. That's why we are developing technologies, systems and concepts that make vehicles safer and cleaner, while serving our communities, the planet and, above all, people.
Forward. For all.
Group Summary
Cosma provides a comprehensive range of body, chassis and engineering solutions to global customers. Through our robust product engineering, outstanding tooling capabilities and diverse process expertise, we continue to bring lightweight and innovative products to market.
Reporting to the Assistant Financial Controller, the Management Accountant will be responsible for implementing and maintaining product cost structures, producing meaningful cost variance analysis and developing detailed cost forecasts.
Role Responsibilities:
- Development and preparation of labour productivity reports, analysing and identifying key variances.
- Assist with the preparation of weekly/monthly/quarterly forecasts.
- Preparation of monthly stock and Cost of Sales journals.
- Completion of monthly stock balance sheet account reconciliation.
- Verification and recording of month-end inventory cut-off tests.
- Organising and managing BOM/routing reviews
- Organising and managing quarterly stock takes
- Counting and verifying MRO stock position on a monthly basis
- Reconciliation of stock adjustments
- Preparation and analysis of internal scrap
- Preparation and analysis of Costs of Quality
- Preparation of Scrap Sales invoices
- Tracking and accruing quality concerns
- Maintain and update SAP with GL/CC owners and provide a training to new users
- Maintain and update rolling stock forecast, identifying variances to prior forecasts.
- Verification and updating in SAP of standard costs for materials, labour and overheads.
- Attend Engineering Change meetings and preparation of financial impact for change requests.
- Preparation and maintenance of work centre labour and overhead cost rates.
- Preparation and analysis of daily/weekly/monthly KPI's reports (Spent tracker, Inventory days, Ohs in stock mvt, etc)
- Preparation and analysis of variances between actual and standard cost.
- Assisting with analysis of Contribution Margin against customer quotation, tracking movements and reconciling back to original business case.
- Collection and preparation of internal costs relating to Government Grants.
- Assisting with reporting of the financial performance of Continuous Improvement projects.
- Assisting with the implementation of robust internal financial controls compliant with Magna minimum controls.
EXPERIENCE :
Essential
ACCA/CIMA Newly or Part Qualified.
Manufacturing and/or Automotive sector experience.
Solid understanding and experience of product costing.
Excellent Microsoft Excel skills.
Experience of working within a strong Internal Control environment.
Desirable
Experience of SAP.
Experience of Hyperion.
Up to date knowledge of financial reporting standards.
Personal Attributes:
Attention to detail
Good interpersonal skills
Team player
Ability to work in a fast paced environment
Strong communicator both written and verbal
Ability to work on own initiative
Ability to work under pressure
Self-motivated and focused
Ability to work under pressure with short completion times for projects
Very organised
Excellent analytical and reporting skills
Proactive to change and in approach with a "can do attitude"
Eligibility to work in the UK
Valid Driving Licence
Top Skills
What We Do
We are a mobility company that innovates like a start-up and thinks like a technology company. This helps us anticipate change in one of the most complex industries in the world and respond quickly. We depend on a team of 168,000 dynamic, entrepreneurial-minded employees in an environment where great ideas flourish. Our presence spans 343 manufacturing operations and 88 product development, engineering and sales centers in 29 countries.
We understand that you need a career as unique as you are. Whether you want to advance your existing expertise or try something completely different, we are committed to your growth.
Why Work With Us
At Magna, our engineering team is advancing mobility for everyone and everything. Joining this team means being a part of the design, development, and manufacturing of the world’s most advanced mobility technology. Innovations that move families, shape communities, and improve lives. You can follow your passions and shape your own career path.
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Hybrid Workspace
Employees engage in a combination of remote and on-site work.
Majority of roles are hybrid with flexibility. Please speak with our recruiting team for specific details on hybrid work.