Management Accountant

Sumitomo Electric; Glasgow; On-site; GBP 38,000 - 58,000; Full time

Benefits offered by this job

Competitive salary

Employer contribution pension scheme

Study support offered

Job summary

Sumitomo Electric in Glasgow, Scotland is seeking an ambitious Management Accountant to join our Finance team. You will deliver monthly management accounts, cost analysis, and cash forecasts while supporting cross-functional teams to drive efficiency and profitability.

You will work with ERP systems such as SAP, Dynamics, or Oracle, and contribute to year-end reporting and statutory compliance. This role offers study support and a clear path to progression in a growing organisation.

Qualifications

• Part qualified or newly qualified ACCA/ICAS/CIMA with 3-5 years of management accounting experience.
• Experience with budgeting, forecasting, variance analysis and month-end reporting.
• Experience with ERP systems (SAP, Microsoft Dynamics or Oracle) and cross-functional collaboration.

Responsibilities

• Prepare monthly management accounts and financial reports for designated divisions.
• Maintain monthly balance sheet reconciliations with proper documentation.
• Handle VAT returns, corporation tax and other tax matters.
• Review intercompany transactions and balances.
• Prepare cash flow forecasts and monitor liquidity.
• Collaborate with production, operations and procurement to provide financial insight.

Skills

Management accounting

Budgeting

Forecasting

Variance analysis

Month-end reporting

Stakeholder management

Analytical skills

Education

ACCA/ICAS/CIMA (part qualified)

Tools

SAP

Microsoft Dynamics

Oracle

Job description

• Competitive salary.

October/November 2026

Position Title: Management Accountant

Location: Glasgow, Scotland

Reports to: Finance Manager

Role Purpose

We are seeking an ambitious and experienced Management Accountant to join our Finance team in Glasgow within a fast-paced manufacturing environment. The role will provide accurate and timely financial insight across management accounts, manufacturing costs, margins, working capital, and business performance, while working closely with operational and commercial teams to improve efficiency, cost control, and profitability.

This is an excellent opportunity for an ambitious commercially minded accountant to gain broad, hands-on experience within a growing company. With the business continuing to expand, there is significant scope to develop your skills, take on greater responsibility and progress your career while making a meaningful contribution to the company’s continued success.

Key Responsibilities

• Prepare accurate and timely monthly management accounts and financial reports for designated business divisions.
• Prepare and maintain monthly balance sheet reconciliations, ensuring financial information is complete, accurate and supported by appropriate documentation.
• Handling of tax matters such as preparation and submit quarterly VAT returns, corporation tax and others.
• Review and reconcile intercompany transactions and balances.
• Contribute to the preparation of year-end schedules, audit information and statutory reporting support.
• Prepare and maintain cash flow forecasts ensuring visibility of expected cash requirements and liquidity.
• Monitor performance against budget, provide regular forecasts and variance analysis.
• Prepare and post payroll journals across projects and overhead cost centres.
• Work with production, operations, procurement, sales and supply teams to provide financial insight.
• Maintain the fixed asset register and monthly depreciation.
• Manage monthly accruals, prepayments, lease and associated journals.
• Managing multi-currency reporting, FX exposure and intercompany recharges.
• Collating data for grant claims and liaising with grant authority.
• Liaising with external auditors, tax advisers on audit, tax, transfer pricing, and other matters.
• Identify and implement opportunities to improve financial processes, reporting, and internal controls.
• Any ad hoc tasks to support the Head of Finance and Finance Manager. Provide general finance support to the Finance team.

Preferred Knowledge / Skills / Experience

• Part qualified or newly qualified accountant (ACCA/ICAS/CIMA) with 3-5 years management accounting experience. Experience with budgeting, forecasting, variance analysis, and month-end reporting.
• Experience using ERP systems such as SAP, Microsoft Dynamics, Oracle or similar.
• Experience working in a Japanese company desirable.
• Experience with inventory accounting and manufacturing environment preferred.
• Ability to work effectively with both finance and non-finance stakeholders.
• Excellent attention to detail and accuracy.
• Must have right to work in UK.

Why Join Us?

• Competitive salary.
• Attractive employer contribution pension scheme.
• Study support offered.
• An exciting opportunity to join a growing organisation and play a key role in supporting its continued success and growth.

About Our Project In Port Of Nigg, Highland

Sumitomo Electric is one of the leading global manufacturers of state-of-the-art high-end electricity transmission cables, up to and including 525kV HVDC(High Voltage Direct Current) cable.

The new factory at Nigg, with investment value announced by the Scottish Government of £350M, will make a significant contribution towards realisation of the UK Net Zero Target by contributing to critical electricity transmission infrastructure to connect and deliver renewable energy, including offshore wind, to UK consumers and beyond.

In addition, the factory will create more than 150 highly skilled jobs in the Scottish Highlands, with maximum utilisation of the local supply chain for production of cables and construction of transmission cable systems.

In a significant boost for the UK green energy supply chain, Sumitomo Electric has commenced construction of its state-of-the-art subsea transmission cable factory in the Scottish Highlands.

The factory will supply critical elements for the reinforcement of the UK electricity transmission grid and for connecting renewable energy production facilities to the grid.

About Sumitomo Electric Group

Sumitomo Electric Industries, Ltd. is a recognized global technology leader with over 290,000 employees working at around 400 group companies in 40 countries. Building on more than 120 years of innovation, today Sumitomo Electric is engaged in diversified business activities that support people’s daily lives and industries in five business segments: automotive, infocommunications, electronics, environment & energy, and industrial materials. To learn more about Sumitomo Electric, please visit https://sumitomoelectric.com,https://sumitomoelectric.com/company/office_group_companies/sumitomo-electric-uk-power-cables-ltd and our YouTube Channel (https://www.youtube.com/user/SumitomoElectric/).

Follow us on LinkedIn https://www.linkedin.com/company/sumitomo-electric https://www.linkedin.com/company/sumitomo-electric-uk-power-cables/