Management Accountant

£40000.0 - £43000.0 per annum + Up to £43,000 + good benefits
06 Jun 2024
04 Jul 2024
Stephen Smith
Contract Type
Full Time

Your new company
Your new employer will be a specialist manufacturing organisation who have successfully operated in their market for over 75 years. Seeking to bolster their Management Accounting team, they're hiring a PQE Management Accountant to operate within a Management Accounting team, providing financial information and reporting to the Financial Controllers whilst improving processes, developing systems and analysing business information.

Your new role's duties:

  • Preparation of specific parts of the monthly management accounts (including at least one business unit and central cost centres) in accordance with established procedures. To be completed within agreed reporting timescales
  • Preparation of other elements of the monthly accounts (including group reporting) in accordance with established procedures and timescales
  • Monthly review, analysis and commentary of the accounts prepared by the job holder to identify reasons for variances and follow up with other departments' actions that need to be taken.
  • Challenge business performance and develop data to allow this. Reporting back to business on results and plans/forecasts
  • Understanding the business cycle of the relevant departments in terms of what and how it is being produced and what is sold, which would include regular visits to the plant to recognise the impact of production methods on the figures.
  • Ensure the accuracy of standard costing systems, including a minimum annual review of the product standards involving liaising with production colleagues to ensure that product costing reflects the reality of what is happening on the factory floor
  • Ensure product codes and business reporting structure is at a required level to properly and fairly report the business area's gross margins
  • Provide finance support to the allocated business areas, including weekly review of costs with the operations team and review of product profitability
  • Weekly critical review of flash forecast estimates made by the allocated business area to ensure that they have been produced on a reasonable basis
  • Continuous identification of improvements can be made within our finance department, in other departments and the company's computer systems. Internal improvements to be progressed as Kaizens
  • Preparation of annual budgets and interim reforecasts for submission in March, June and September.
  • To include bridging between current and prior budgets / reforecasts and critical review of budgets to ensure that variances are explained and correct
  • Provide support on preparation of capex proposals, ensuring that the financial justification has been prepared on an appropriate basis and can be substantiated. Review of the overall cape proposal ensuring consistency, accuracy and clarity to the professional standards required
  • Maintain the fixed assets register as required, including posting of depreciation and addition of new capital projects
  • Assist in foreign currency hedging and cashflow preparation
  • Preparation of VAT returns, SCP returns and EU intrastat reporting to required timescales
  • Responsible for the updating of Agresso master file data ('Reference info') in accordance with established procedures
  • Assist with system administration tasks

What you'll need to succeed

  • Ability to demonstrate the relevance of experience gained to a manufacturing environment
  • Wants to work for a manufacturing company and wants the challenges this gives - processes, people, deadlines
  • Currently, on the CIMA journey (or equivalent), having completed the Operational level and either starting, or have started the Management level, with the desire to complete the studies whilst performing in the role.
  • Experience in a manufacturing environment is ideal - including knowledge of a standard costing model
  • Experience in accounts
  • Awareness of the impact of working in a multi-currency environment
  • IT Skills - high degree of ability to utilise Excel (including: multiple levels of nested logical and relational formulas, Visual Basic) or demonstrate through other IT knowledge the ability to quickly gain the aforementioned skills in Excel. Any knowledge of SQL or VBA is a benefit.
  • Spreadsheet development concepts including documentation and error checking to ensure ongoing integrity of the data
  • Demonstrate knowledge of accounting principles to understand the role of the finance department

What you'll get in return
The company are offering a salary of up to £40,000 and fantastic benefits, including a great pension, a strong holiday offering with the ability to purchase more, flexible bank holidays and more.

What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.

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