Job Description

Overview:

Job Title: Cost Accountant - Standard Costing Specialist

Type: Contractor - 12 Months

Location: On-Site

Reporting to: Controller

Job Summary:

We are seeking a highly skilled and detail-oriented

Cost Accountant

to lead the implementation and maintenance of standard costing practices at our manufacturing facility. The ideal candidate will have hands-on experience in developing, analyzing, and managing standard cost systems in a production environment, ensuring accurate product costing, supporting operational efficiency, and contributing to strategic financial decisions.
Responsibilities:
Lead the

development and implementation of standard costs

for materials, labor, and overhead across all manufacturing operations. Collaborate with operations, engineering, and procurement to

analyze BOMs, routings, labor, and overhead drivers

to establish accurate cost standards. Conduct

time studies

in collaboration with production and engineering teams to establish accurate labor standards and production rates. Establish standard costs using the

gross margin method

, especially for new or customized products, by working backward from target pricing and desired margin levels. Develop a process to monitor and report on

cost variances

(material, labor, and overhead), including root cause analysis and follow-up with relevant departments. Develop a process for the

annual standard cost roll

up,

including updates for new products, process changes, and inflationary factors. Provide

cost modeling and scenario analysis

to support pricing, capital investments, and strategic planning. Ensure compliance with company policies, internal controls, and SOX requirements (if applicable).

Qualifications:

Qualifications:

Bachelor's degree in Accounting, Finance, or related field. Minimum of

3-5 years of cost accounting experience

in a

manufacturing environment

, with

proven experience setting up standard costs

. Strong understanding of

manufacturing processes, BOMs, routings

, and cost allocation methodologies. Proficiency with

ERP systems

(e.g., Microsoft D365, SAP, Oracle) and advanced Excel skills. Excellent analytical, organizational, and communication skills. Ability to work cross-functionally and manage multiple priorities in a dynamic environment.

Preferred Skills:

Experience with

ERP implementations or cost reengineering projects

.

Time Commitment:

This is a temporary assignment for the duration of the ERP implementation, expected to last 12 months. Flexibility may be required during key phases of the project such as testing and go-live.

Morgan Advanced Materials

is a business rich in history and innovation. Founded in the UK in 1856, we have grown into a global organisation with 70 sites in 18 countries. Our model to serve our customers where they need us has led to a diversified product range using our unparalleled expertise in ceramic and carbon materials, which we exploit to solve difficult problems for our customers across a diverse range of markets.



We are a purpose driven organisation. Our purpose is to use advanced materials to make the world more sustainable and to improve the quality of life. We deliver on that purpose through the products that we make, and the way that we make them.



The

Technical Ceramics

business of Morgan Advanced Materials engineers high performance functional and structural ceramic materials, components and sub-assemblies to address customer-specific technical challenges.

Key Figures:

Revenue 1,100.7m (2024), ~8,000 employees, manufacturing in 20+ countries, and a global customer portfolio. A UK PLC with head office located in Windsor, Berkshire UK. Listed on London Stock Exchange; Member of the FTSE 250 Index.

Morgan Advanced Materials is an Equal Opportunity Employer. We are committed to creating an inclusive environment for all employees and applicants. We do not discriminate based on race, religion, gender, sexual orientation, gender identity, age, disability, national origin, veteran status, or any other legally protected status. Ind-1