Management Accountant

Randstad NV; Ipswich; On-site; GBP 42,000 - 60,000; Full time

Job summary

Randstad Financial & Professional is seeking a Management Accountant on a contract basis in Ipswich. The role focuses on safeguarding financial integrity, owning project cost governance, monthly cost accounting, budgeting forecasts, and subcontractor expenditure across high-volume works.

Key responsibilities include month-end cost accounting, commercial cost control, variance analysis, and rolling forecasts.

Qualifications

• Experience in project cost control or site management accounting within civil engineering, earthworks, heavy construction, or major capital schemes.
• Advanced Microsoft Excel modelling skills.
• Ability to influence and collaborate across production, commercial, and executive finance teams.
• Subcontractor accruals, purchase ledger governance, audit trails and reporting deadlines.

Responsibilities

• Month-End Cost Accounting: close packages, reallocate expenses from central facilities and depots, and calculate subcontractor accruals.
• Commercial Cost Control & Budgeting: monitor budgets vs forecast and maintain ledger accuracy.
• Operational Variance Analysis: partner with site leads for monthly variance analysis on labour, materials, equipment and indirect costs.
• Forecasting & Planning: maintain rolling quarterly/annual cost and quantity projections and track production run rates.
• Supply Chain Financial Controls: ensure compliance across purchase orders, GRNs, and subcontractor valuations.

Skills

ERP systems experience

Excel modelling

Stakeholder communication

Governance & reporting

Tools

SAP

Job description

We are looking for a Management Accountant on a contract basis to join a leading company in Ipswich. You will play a vital role in protecting financial integrity, take ownership of project financial governance, monthly cost accounting, budget forecasting, and subcontract expenditure across high-volume works.

Core Responsibilities

• Month-End Cost Accounting: Oversee package cost closing, balance and reallocate expenses from centralised production facilities and plant depots, and calculate precise manual liabilities/accruals for subcontractors and critical suppliers.
• Commercial Cost Control & Budgeting: Monitor baseline project budgets against forecast outturn quantities; coordinate approved budget variations and maintain strict ledger accuracy across complex package codes.
• Operational Variance Analysis: Partner with operational, production, and site-based commercial leads to deliver monthly variance analysis across labour productivity, material yield ratios, equipment costs, and indirect expenditure.
• Forecasting & Planning: Develop and maintain rolling quarterly and annual cost and quantity projections; track month-on-month production run rates to identify risks and commercial efficiencies early.
• Supply Chain Financial Controls: Ensure full compliance across purchase orders, GRNs, and subcontractor valuations, actively supporting the commercial resolution of critical supplier accounts.

What We Are Looking For

• Sector Background: Proven track record in project cost control, site management accounting, or commercial cost engineering within civil engineering, earthworks, heavy construction, or major capital schemes.
• ERP & Systems Acumen: Strong proficiency with mainstream ERP systems (SAP experience is advantageous) alongside advanced Microsoft Excel modelling skills.
• Stakeholder Influence: Excellent communication skills with the credibility to challenge, advise, and collaborate across production, commercial, and executive finance teams.
• Governance Focus: Solid grounding in subcontractor accruals, purchase ledger compliance, audit trails, and strict deadline-driven reporting cycles.

Randstad Financial & Professional encourage applications from individuals of all ages & backgrounds.

Appointment will be made on merit alone but candidates must be able to demonstrate their ability to work in the UK.

Randstad Financial & Professional acts as an employment agency for permanent recruitment & an employment business for temporary recruitment as defined by the Conduct of Employment Agencies & Employment Business Regulations 2003.