Senior Management Accountant

Potentiam; Cape Town; On-site; ZAR 900,000 - 1,300,000; Full time

Job summary

Potentiam invites a Senior Management Accountant to join their finance team, working with a UK technology client. The role focuses on the monthly close, management accounts, and detailed revenue accounting within a fast-paced subscription environment.

You will manage deferred revenue, perform margin analysis, and ensure strong financial controls across the balance sheet while collaborating with cross-functional teams in a global context.

Qualifications

• 5–8+ years in management/financial accounting.
• Experience owning monthly management accounts and month-end close.
• Experience in subscription/recurring revenue/ SaaS environment beneficial.
• Strong revenue recognition and deferred revenue accounting.
• Excellent balance-sheet reconciliations capability.
• Experience with AP/AR during month-end close.
• UK payroll accounting experience beneficial.
• Understanding of UK GAAP.
• Experience in multi-entity or international finance beneficial.
• Experience in private-equity-backed or high-growth organisations advantageous.
• Strong written and spoken English.

Responsibilities

• Own key elements of monthly close and prepare management accounts.
• Prepare journals and schedules; liaise with AP/AR teams.
• Provide commentary on movements, trends and exceptions.
• Maintain deferred revenue schedules and revenue recognition.
• Analyse revenue, cost of sales and gross margin.
• Support FP&A, forecasting and wider reporting.
• Balance-sheet reconciliations and controls.

Skills

Management accounting

Month-end close

Revenue recognition

Deferred revenue

UK payroll accounting

English proficiency

Tools

NetSuite

Excel

Halo

Ability

Xero

Job description

Potentiam is a fast-growing global offshore solutions provider connecting top talent with leading UK and European businesses. With offices across South Africa, Romania, India, and Brazil, we offer international exposure, real career progression, and the opportunity to work with high-performing global teams.

We combine global opportunity with local support - giving you the chance to grow, make an impact, and build a long-term career in a business that’s scaling fast.

Global clients. Clear progression. Real opportunity.

About Our Client

Our client is a growing UK technology business providing cloud, IT, communications, connectivity, security and managed services to organisations across the UK and internationally.

Operating in a predominantly recurring and subscription-based revenue environment, they combines managed technology services with its proprietary platform to help customers gain greater visibility, control and value from their technology estates.

As the business continues to grow, our client is strengthening its finance capability to provide robust financial reporting, strong controls and high-quality commercial insight.

Purpose of the Role

The clientis looking for an experienced Senior Management Accountant to join its finance team and work closely with the Financial Controller.

This is a hands‑on role with significant responsibility for the monthly close and management accounts process, with particular emphasis on recurring revenue accounting, deferred revenue, balance‑sheet reconciliations, margin analysis and financial controls.

The successful candidate will operate in a fast‑paced, subscription and managed‑services environment where revenue may be recognised across monthly, annual and other contractual cycles. Strong understanding of revenue recognition and the ability to ensure that deferred revenue is accurately calculated, reconciled and released into the P&L will therefore be critical.

The role will suit someone who combines strong technical accounting capability with commercial judgement, attention to detail and a willingness to take ownership of issues through to resolution.

Duties and Responsibilities

Month-End Close & Management Reporting

• Take ownership of key elements of the monthly close process, ensuring activities are completed accurately and within agreed deadlines.
• Prepare monthly management accounts and supporting schedules for review by the Financial Controller.
• Prepare and post recurring, adjustment and reclassification journals.
• Work closely with Accounts Payable and Accounts Receivable teams to resolve outstanding items and achieve a timely month‑end close.
• Prepare clear commentary explaining material movements, trends and exceptions within the monthly results.
• Provide accurate financial information to support FP&A, forecasting and wider business reporting.

Revenue Accounting & Deferred Revenue

• Manage accounting for recurring and subscription‑based revenue across the companyservice and technology offerings.
• Apply appropriate revenue recognition and cut‑off principles across monthly, annual and other contractual billing cycles.
• Prepare and maintain deferred revenue schedules, ensuring revenue is recognised in the correct accounting period.
• Perform detailed deferred revenue reconciliations and investigate discrepancies between billing, underlying schedules, the general ledger and reported revenue.
• Identify missing, duplicated, incorrectly classified or incorrectly timed revenue and drive corrective action.
• Maintain strong control over revenue recognition to protect the accuracy and integrity of the P&L.

Margin & Analysis

• Analyse revenue, cost of sales and gross margin following month‑end close.
• Review performance across recurring, non‑recurring and repeat revenue streams.
• Analyse margin by customer, revenue stream and service area to identify unexpected movements or potential margin leakage.
• Investigate unusual cost or revenue movements and provide clear explanations to finance and business stakeholders.
• Develop an understanding of customer and supplier contracts and how these influence revenue recognition, direct costs and profitability.
• Support commercial decision‑making through accurate financial analysis and insight.

Balance Sheet Management

• Prepare and maintain high‑quality balance‑sheet reconciliations across key accounts.
• Take particular ownership of deferred revenue, accruals, prepayments and other material balance‑sheet accounts.

Payroll Accounting

• Review payroll outputs and support accurate accounting for the UK payroll population and employees operating internationally.
• Prepare and post payroll‑related journals, including salary, tax, pension, bonus and benefit entries.
• Reconcile relevant payroll control accounts and investigate differences.
• Work effectively with payroll and HR stakeholders to ensure accurate and timely financial information.

Financial Control & Data Quality

• Apply robust financial controls across month‑end, revenue, billing and balance‑sheet processes.
• Review financial information for completeness and accuracy before it enters the accounting records.
• Support controls around billing runs and ensure appropriate financial review before information is processed into the ERP.
• Validate information across billing, AP, AR, payroll and the general ledger.
• Identify weaknesses, recurring errors or inefficient processes and recommend practical improvements.
• Maintain clear supporting documentation and audit trails.

Process Improvement

• Support the continued development of scalable finance processes as companygrows.
• Improve month‑end schedules, reconciliations, reporting processes and supporting documentation.
• Identify opportunities to reduce manual intervention and improve the accuracy, consistency and efficiency of financial reporting.
• Work collaboratively with the Financial Controller and wider finance team to embed stronger controls and ways of working.

Skills and Experience

• Approximately 5–8+ years’ relevant experience across management accounting, financial accounting or a similar hands‑on finance role.
• Strong experience preparing and owning monthly management accounts and month‑end close.
• Demonstrable experience working in a subscription, recurring‑revenue, SaaS, technology, telecoms or managed‑services environment will be beneficial.
• Strong practical experience of revenue recognition and deferred revenue accounting.
• Excellent balance‑sheet reconciliation capability, with evidence of identifying and resolving discrepancies rather than simply preparing schedules.
• Experience analysing revenue, cost of sales and gross margin.
• Strong understanding of accruals, prepayments, journals and general‑ledger accounting.
• Experience working with AP and AR teams as part of the month‑end close.
• Experience with UK payroll accounting and associated journals and reconciliations beneficial.
• Understanding of UK accounting principles and UK GAAP.
• Exposure to multi‑entity or international finance environments would be beneficial.
• Previous experience within a private‑equity‑backed or high‑growth organisation would be advantageous.
• Strong written and spoken English.

Systems & Tools

• NetSuite or a comparable ERP/accounting platform – NetSuite experience is highly desirable.
• Strong Excel capability, including lookups, pivot tables, SUMIFS.
• Ability to reconcile information between multiple operational systems and the general ledger
• Exposure to systems such as Halo, Ability or Xero would be useful but is not essential

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For any questions regarding data processing related to HR activities, please contact Chantal Endemann at [e-mail].

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