Management Accountant

The Portfolio Group; Ringway; On-site; GBP 35,000; Full time

Job summary

A growing law firm seeks a Management Accountant to produce timely Management Accounts and support budgeting processes. This role offers a salary of £35K and comprehensive benefits, including a pension scheme, holiday entitlement, and further career progression. Ideal candidates will be part qualified in CIMA or ACCA, possess strong analytical skills, and be able to handle financial reporting effectively. The position is fully onsite in Ringway, England.

Benefits

25 Days holiday with potential increase

Medicash cash plan

Profit share scheme

Enhanced sick pay

Cycle to work scheme

Christmas Bonus after 3 years

Qualifications

• Part qualified in CIMA or ACCA is required.
• Strong analytical skills with excellent attention to detail.
• Ability to organise and present large volumes of data.

Responsibilities

• Prepare and review Management Accounts for the Finance Director.
• Manage the Budget / Forecasting process and ensure deadlines are met.
• Implement financial processes to support business growth.

Skills

Organisational skills

Analytical skills

Communication skills

Excel proficiency

Education

Part qualified to CIMA/ACCA (or equivalent)

Tools

Clio system

Job description

The Portfolio Group are proudly partnered with a growing law firm that is SRA regulated, who are seeking a Management Accountant. This fully onsite role is the perfect opportunity for a part qualified ACCA/ CIMA to grow their experience in a leading legal practice.

This will involve producing and improving a weekly / monthly suite of financial reports, monitoring and improving billing processes and preparing monthly Management Accounts (including Budgets and Forecasts).

Job Overview

In this role you will work closely with the Director / Principal Lawyer to support the growth of the business producing and improving a weekly / monthly suite of financial reports that will help the management team to effectively run the business. You will produce the primary statements and monthly management accounts for review by the Finance Director.

You will support the Budgeting and quarterly Forecasting process, providing data reflecting business activity, and identify and highlight areas of risk and opportunities.

You will implement robust processes, systems and routines to enable strong financial control.

You will be well organised and knowledgeable of accounting principles / processes, be flexible to information requests from external departments and provide commercial insights.

Key Responsibilities

Timely and Accurate Management Accounts

• Managing the Budget / Forecasting process including preparation of Budgets / Forecasts, review by the Finance Director, and submission in line with reporting deadlines. Completing the month end close in line with the Group reporting deadlines
• Preparation of Management Account packs, and ensuring Management Accounts accuracy through the performance of key controls and reconciliations
• Ownership of P&L and Balance Sheet including calculation and posting of related accruals / prepayments, cost analysis and understanding of variances vs budget / forecast.

Financial Control

• Oversight of the billing and collections process.
• Implementing and improving financial processes that will be able to support the growth of the business
• Ensuring compliance with SRA requirements.
• Preparing cash flow forecasts and cash flow management.
• Produce regulatory returns, including FCA returns, ONS returns, and VAT returns for review by the Finance Director.

Insightful Reporting

• Developing a weekly / monthly suite of financial reports to be used in the management of the business.
• To utilise the new Clio system to develop reporting on billable hours, WIP, orders outstanding and other areas as required.
• Providing commercial insights and areas where the management team can improve. To monitor the success of new initiatives, report to management and propose improvements.

What you Bring to the Team

• Part qualified CIMA / ACCA or equivalent.
• Ability to organise & prioritize workload to produce high quality work within deadlines.
• Possess strong analytical skills with excellent attention to detail.
• Ability to work on own initiative and deliver high quality analysis and insight
• Can demonstrate a sound knowledge of financial reporting policies and procedures.
• Ability to organise, manipulate and present large volumes of data using Excel spreadsheets.
• Possess strong communication skills and ability to develop strong business partnering relationships with the management team.

Qualifications

• Part qualified to CIMA/ACCA (or equivalent body) is required

Package

• £35K salary
• 25 Days holiday rising to 27 Days after 2 years and 28 Days after 5 years (not applicable for Field Sales, they receive 22 days). Additional day off for your Birthday
• Career progression
• Medicash cash plan
• Profit share scheme dependent on targets set, non-contractual.
• Pension scheme 4% employer contribution, rising to 5% after 5 years and 7% after 7 years.
• Enhanced sick pay 1 week for up to 12 months service, then increases to up to 3 weeks.
• Cycle to work scheme.
• Season Ticket Loan Scheme
• Christmas Bonus applicable after 3 years' service, additional weeks' pay paid in December.
• 24/7 Access to Health at Work
• Auto enrolment onto the Group Life Insurance scheme
• Bupa individual health care cover after 5 years' service
• Discounted parking for Manchester staff at AO Arena for a monthly ticket

50835SK

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