Management Accountant

ITSS Recruitment Ltd; East Midlands; On-site; GBP 37,000 - 41,000; Full time

Job summary

An established industry player is seeking a Management Accountant to oversee financial reporting and budgeting processes. In this pivotal role, you will produce management accounts, ensure compliance with internal controls, and lead the finance team. Your expertise will contribute to strategic financial planning and operational efficiency, helping to guide the organization towards its financial goals. If you are passionate about finance and looking to make a significant impact within a dynamic environment, this opportunity is perfect for you.

Qualifications

• Experience in management accounting and financial reporting.
• Strong analytical skills and attention to detail.

Responsibilities

• Prepare monthly management accounts and review with SLT.
• Oversee internal controls and manage the finance team.
• Ensure compliance with financial procedures and regulations.

Skills

Management Accounting

Financial Forecasting

Budget Preparation

Internal Controls

Team Management

Education

ACCA/CIMA Qualification

Bachelor's Degree in Finance or Accounting

Tools

Accounting Software

Excel

Job description

Role: Management Accountant
Location: Blackpool
Salary: £37-41k

Purpose of the Management Accountant vacancy:
- To produce management accounts, budgets and other financial information ensuring that the SLT are informed and up to date on the financial position of the business.
- To oversee internal controls at the business.
- To line manage the academy finance team.

Main Responsibilities:

1. Preparation of monthly management accounts using the business model. Review of these accounts with SLT to facilitate their oversight of the budget.
2. In conjunction with SLT, preparation of annual budget and three-year plan.
3. Maintenance of a rolling financial forecast, enabling the SLT to have confidence that any changes to budget are recognised and highlighted.
4. To provide internal individual budget holders with details of their budget expenditure, checking for accuracy and offering advice as appropriate.
5. To provide suggestions and advice to SLT of ways of effecting budget efficiency savings.
6. To contribute to the production of statistical information regarding the financial performance.
7. To be responsible for the effective management of the financial records and accounting systems and to ensure compliance with the financial procedures.
8. To reconcile the bank accounts and to monitor and report cashflow.
9. To ensure compliance with VAT regulations seeking advice where required from the Group Finance Lead.
10. To be responsible for overseeing and authorising purchase orders and invoices in accordance with the Group's Finance Regulations.
11. To oversee the work of the finance team in processing all invoices and to make regular BACS payments to all suppliers within the appropriate time limits.
12. To liaise with suppliers as appropriate, investigate queries and escalate where appropriate.
13. To supervise and where required action the prompt raising of sales invoices in line with the financial procedures.
14. To supervise the Finance team's liaison with debtors as appropriate, ensuring queries are investigated and matters escalated where appropriate.
15. Day to day line management of finance staff. This includes regular monitoring of the work of individual finance team members and providing appropriate feedback as well as attendance management, performance appraisal and management.

If you feel the above Management Accountant specification matches your professional background, click apply.