Senior Management Accountant

Magnet; Tees Valley; Hybrid; GBP 65,000 - 90,000; Full time

Benefits offered by this job

10% company bonus

Private medical insurance

Staff discounts

Retail Trust access

Holiday buy scheme

Virtual GP & EAP

Cycle to work

Collaborative culture

Job summary

Magnet is seeking a Senior Management Accountant to join our Finance team. Based in the Leeds and Darlington office, this hybrid role leads a small team and focuses on timely management accounts and strong financial controls.

You will manage UK month-end close, VAT and ONS returns, and collaborate with the IT Director on spend against budget. A 10% bonus and private medical insurance are included.

Qualifications

• Fully qualified accountant (ACA, ACCA, or CIMA).
• Experience in a similar senior accounting role.
• Strong attention to detail and deadlines.
• Proficient Excel and PowerPoint; SAP knowledge advantageous.

Responsibilities

• Lead a small finance team and oversee daily operations.
• Lead month-end close for Supply Chain and central units, ensuring accurate and timely financial reporting.
• Prepare UK management accounts, including journals, reconciliations, and reporting packs.
• Oversee fixed assets, accruals, prepayments, staff costs, property costs, IT costs, FX and VAT analysis.
• Manage annual statutory reporting and external audit/tax requirements.
• Review ONS returns, VAT, PSA and other tax filings for compliance.
• Partner with the IT Director to monitor and control spend against budget.
• Review balance sheet reconciliations and resolve outstanding queries.
• Support process improvements and assist Head of Reporting on ad hoc projects.

Skills

Excel

PowerPoint

Stakeholder communication

SAP knowledge

Education

Fully qualified accountant (ACA/ACCA/CIMA)

Tools

SAP

Job description

Location: Based in the Leeds and Darlington office, hybrid working (2/3 days in the office)

Hours: 39 hours per week

Salary: Competitive salary with company bonus scheme and private medical insurance

We’re seeking a Senior Management Accountant to join our Finance team and play a pivotal role in delivering high-quality financial reporting. You’ll manage a small team, produce timely and accurate management accounts, ensuring information is aligned with internal deadlines and organisational standards. Alongside this, you’ll strengthen financial controls, safeguard data integrity, support compliance, and contribute to improving the efficiency and effectiveness of our financial processes.

What’s in it for you?

• 10% company bonus
• Private medical insurance
• Fantastic company discounts: Up to 80% off our stylish kitchen ranges and products
• Access to Retail Trust
• Flexible holidays: Buy up to five extra days with our holiday purchase scheme
• Wellbeing support: Access to our virtual GP service and employee assistance platform 24/7
• Lifestyle perks: Cycle to work scheme and savings on hundreds of top brands via our benefits app
• A collaborative culture built on care, inclusion, and continuous improvement

What you’ll be doing:

• Manage a small team and oversee daily operations
• Lead month-end close activities for Supply Chain and central business units, ensuring accurate and timely financial reporting.
• Prepare and consolidate UK management accounts, including journals, reconciliations, and reporting packs.
• Oversee key accounting areas such as fixed assets, accruals, prepayments, staff costs, property costs, IT costs, FX, and VAT analysis.
• Manage annual statutory reporting and external audit/tax requirements.
• Review and complete ONS returns, VAT, PSA, and other tax filings to ensure compliance.
• Partner with the IT Director to monitor and control spend, ensuring costs are accurately processed and aligned to budget.
• Review balance sheet reconciliations and drive timely resolution of outstanding queries and issues.
• Support process improvement initiatives, strengthen team procedures, and assist the Head of Reporting with ad hoc projects.

Who we’re looking for:

• Fully qualified accountant (ACA, ACCA, or CIMA)
• Experience within a similar role
• Strong financial awareness with excellent attention to detail
• Proven ability to work effectively under strict deadlines
• Strong communication skills, able to engage with stakeholders at all levels internally and externally
• Advanced proficiency in Excel and PowerPoint; knowledge of SAP is advantageous
• Flexible and adaptable, with the ability to manage changing priorities and support continuous process improvements
• Self-motivated, proactive, and able to work independently

Why choose Magnet?

At Magnet, we bring over 100 years of heritage, but our focus is firmly on the future.

As the UK’s leading kitchen specialist, our success is driven by the expertise, insight and innovation of our people.

We’re in the middle of an exciting transformation, with a real opportunity to shape how we work, grow and deliver for our customers. We’re always open to fresh thinking and new perspectives, so even if your experience doesn’t perfectly match, we’d still love to hear from you.

We’re committed to building a diverse and inclusive workplace. If you require any reasonable adjustments during the recruitment process, please let us know.