Management Accountant

Job Description:

Management Accountant

£43,000 - £45,000 per annum – (dependent on experience) + Bonus

Hybrid working - 50/50

The Management Accountant will be responsible for providing accurate and timely financial and management information to support decision-making. This role involves budgeting, forecasting, cost analysis and KPI performance reporting to help management control business operations effectively.

Job Responsibilities

Prepare monthly management accounts, financial statements and performance reports.

Develop and monitor budgets and financial forecasts.

Conduct variance analysis to explain differences between budget and actual performance.

Performing cost accounting functions such as reconciling inventory, recording journal entries for inventory, analysing standard costs, manufacturing variances and analysing excess and obsolete inventory.

Analyse costs, revenues, margins and profitability of products and services.

Prepare and submit VAT calculations on quarterly basis.

Ensure compliance with accounting standards, company policies and regulatory requirements.

Support internal and external audits as required.

Collaborate with other departments and drive improvements.

Special projects / Ad Hoc reporting as assigned including process improvements, new reports to streamline reviews.

Knowledge, Skills and Abilities

• Must be a strong team player.
• Demonstrate a solid understanding of GAAP reporting.
• Ability to problem solve in an ERP system driven environment.
• Ability to work independently and in a team environment.
• Must have the ability to multi-task with a strong attention to detail.
• Effective written and verbal communication skills.
• Must be able to work efficiently and effectively, know-how to prioritise and meet deadlines.

Education and Experience

• Qualified/Part qualified or working towards one of the following; CIMA, ACCA or ACA.
• Experience of progressive accounting & finance responsibilities
• Experience in performing, reviewing, and analysing accounting and financial reporting.
• Experience in working with an ERP system (preferably JD Edwards).
• Proficiency with Microsoft Office is required (Vlookup, PivotTables).