Management Accountant

Somerset House Trust; London; Hybrid; GBP 40,000 - 60,000; Full time

Job summary

Somerset House Trust is looking for a Management Accountant to join their team. The successful candidate will report to the Head of FP&A, manage financial reporting processes, and support business decision-making through analytical insights. This pivotal role will require building relationships across the Trust while ensuring accurate reporting and compliance with financial obligations. Join a vibrant team at a cultural landmark in London and contribute to impactful decision-making in a creative environment.

Benefits

Employee Assistance Programme for confidential advice

Mental health support from trained First Aiders

Hybrid working arrangement

Enhanced annual leave

Birthday leave

Celebration day leave

Sick leave with full pay

Emergency dependent care options

Enhanced maternity pay

Qualifications

• Minimum 2-years’ experience in management accounting and reporting processes.
• Qualified accountant status (ACA, ACCA, CIMA or equivalent) is essential.
• Experience in fund accounting is desirable.

Responsibilities

• Providing high quality financial reporting and analytical support.
• Delivering ad hoc reporting and analysis across departments.
• Monthly balance sheet reconciliations and fund analysis.

Skills

Communication

Analytical Skills

Interpersonal Skills

Organizational Skills

Teamwork

Problem Solving

Education

Qualified accountant (ACA, ACCA, CIMA or equivalent)

Tools

Accounting Software

Advanced Excel

Job description

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We are looking for people to join our fantastic team at Somerset House Trust. As the home of cultural innovators, the Trust connects creativity and the arts with the broader society.

Somerset House pursues a ‘Step Inside, Think Outside’ spirit and is born from the creative community we nurture - the experience and perspectives we host across background, age, race, and stage, and the intersections and crossovers we encourage.

Reporting to the Head of FP&A, the Management Accountant will build and maintain relationships across the Trust to enable business partnering, supporting decision-making through analysis and contributing to the overall mission, vision and values of Somerset House.

What we are looking for:

1. Reporting, budgeting and forecasting
Provide financial reporting and analytical support, including:

• Delivering high quality, accurate and fit-for-purpose management reports to a tight deadline, including monthly management accounts
• Interpreting and analysing financial and non-financial information as part of the management reporting process, offering insightful commentary as required
• Monthly balance sheet reconciliations, ensuring queries are resolved promptly
• Monthly fund reconciliation (restricted, unrestricted, designated)
• Assisting the Head of FP&A to deliver accurate and robust budget, forecast and three-year plans including intelligent analysis, to a tight timetable.
• Assist with year-end processes, analysis and queries from external auditors.

2. Business support and analysis (Business Partnering)

• Delivering ad hoc reporting and analysis for all departments as required, including post-event evaluations and analysis using financial and ticketing data.
• Building and maintaining excellent relationships and levels of customer service across the Trust, championing a responsive and ‘right first time’ approach.
• Supporting the Head of FP&A in improvement of the finance system in relation to management reporting and analysis module.
• Carry out any other reasonable duties, in line with role requirements
  
  

Skills, knowledge & expertise required for the role:

Experience:

• Qualified accountant (ACA, ACCA, CIMA or equivalent).
• Minimum 2-years’ experience in management accounting and reporting processes.
• Excellent interpersonal and communication skills, with the ability to present numbers to non-financial colleagues.
• A team player with a flexible, “can do” attitude, forward thinker and takes initiative to solve problems.
• Strong organisational skills: able to manage varied workload, able to work independently and prioritise tasks.
• Having a “continuous improvement” mindset, questioning processes and investigating better alternative ways of working within the role.
• Working knowledge of accounting software packages.
• Experience in fund accounting is desirable.
• Advanced Excel skills (SUMIF, VLOOKUP, Pivot table).

Skills:

• Excellent written and verbal communication skills, with the ability to communicate effectively with a variety of stakeholders
• Flexibility and adaptability to change
• Business partnering experience in a dynamic, forward-thinking organisation.
• Working knowledge of databases.

Benefits to working at Somerset House

- Access to our external Employee Assistance Programme (CiC) for free 24/7 confidential advice and support, including up to 6 free counselling sessions per year where needed

- Mental health support and guidance from our in-house trained Mental Health First Aiders

- Hybrid working based on having 3 days in the office per week
- Contribution towards eye tests and glasses
-Trust life insurance scheme
- We offer winter flu vaccination vouchers

Holiday

- Enhanced annual leave – 25 days plus bank holidays (pro rata)

- Birthday leave - additional day leave

- Celebration day - to celebrate anything of your choice

Other Leave

- Sick leave – 20 days full pay, followed by 20 days half pay (pro rata & following 3 months service)

- Emergency dependent care – option to use 25% of paid sick leave for emergency care of a dependent (pro rata & following 3 months of service)

- Enhanced maternity pay

Benefits

- Option for salary sacrifice

- Season ticket loan

- Cycle to Work scheme

Discounts, offers and free stuff
-The list is endless and includes tickets to Somerset House events and entrance to other London Heritage sites
-Discounts in Somerset House cafes and restaurants
-Discounts with various high street retailers and restaurants
-Discounts to local leisure centres

*following 3 months of employment

Somerset House hosts the UK’s largest and most exciting creative community right in the heart of London, and are always looking for new talent to join our team. We welcome 3 million annual visitors to share our unique combination of cultural events, the creative industries and history. This mix informs and powers our programme and organisational culture, making us a singular, compelling and inclusive place to visit and work.

Somerset House is actively anti-racist, you can read about our Anti-Racism Pledge and the action we’re taking here. We are working hard to ensure our people, our onsite community and our sector reflect, represent and include all of society.

Our Commitment to Anti-Racism, Diversity and Inclusion:

Somerset House is open to all, and we value everyone's unique skills. Somerset House Trust is an equal opportunities employer and is committed to championing equality, diversity, and inclusion in our workplace. We are committed to equal opportunity and encourage applications from all qualified individuals. We do not discriminate on the basis of age, disability, gender identity, race, religion, sexual orientation, or socioeconomic background.

Where candidates are equally qualified, we will seek to prioritise diversity to help us increase representation across the creative economy and the Trust.

We anonymise all job applications to help avoiddiscriminationin the initial screening stage of our recruitment process. This reinforces our commitment to focusing on the skills and qualifications of all applications from the start.

We're committed to creating an inclusive recruitment process. Please let us know if there's anything we can do to help you perform at your best. We're open to adjusting our process to accommodate your needs please email [emailprotected] .

The Trust reserves the right to close a job before its application deadline.

Please only apply if you have the right to work in the UK; the Trust cannot currently offer sponsorships.