Assistant Management Accountant | Job in West Midlands

In the heart of the West Midlands, our dynamic and forward-thinking organization is seeking a highly motivated and diligent individual to join us as an Assistant Management Accountant. This role offers an exceptional opportunity for a committed professional to take on challenging responsibilities within a rapidly expanding business environment.

*Job Description: *

As an Assistant Management Accountant, you will report directly to the Financial Controller and work closely with various departments across our organization. Your primary responsibilities will include:

• Assisting in the preparation of periodic management accounts, including consolidation of subsidiary company accounts where necessary
• Preparing and analyzing financial reports, budgets, and forecasts for different areas within the organization
• Supporting the Financial Controller in the development and implementation of new accounting policies, procedures, and controls
• Collaborating with internal teams to resolve complex financial issues and providing guidance on financial best practices
• Liaising with external auditors and other stakeholders as required
• Contributing to the continuous improvement of our financial systems, processes, and controls to ensure efficiency and compliance

*Requirements: *

Successful candidates will possess the following qualifications and skills:

• A relevant accounting qualification (ACA/ACCA/CIMA)
• Proven experience in a similar role within a fast-paced financial environment
• Strong analytical and problem-solving abilities with the capacity to work under pressure and meet deadlines
• Excellent communication skills, both verbal and written with the ability to explain complex financial matters clearly
• Proficiency in Microsoft Office applications, specifically Excel and Word
• High levels of accuracy, attention to detail, and the ability to maintain confidentiality at all times
• A proactive, self-motivated attitude and a willingness to learn and adapt to new technologies and systems

*What We Offer: *

Our organization values its employees and provides a supportive, inclusive, and innovative work environment. By joining us, you will benefit from:

• Competitive salary and bonus structure
• Generous holiday entitlement with the opportunity to purchase additional leave
• Flexible working hours and remote working options where appropriate
• Comprehensive training and development opportunities
• A generous pension scheme
• Employee discounts on a range of products and services If you are an ambitious and driven individual looking for your next step in your financial career, this could be the perfect role for you. We welcome applications from candidates who share our values and possess the skills necessary to help us continue to grow and succeed. To apply, please submit your up-to-date CV and a covering letter outlining why you believe you are suitable for the Assistant Management Accountant position. Applications will be reviewed on a rolling basis, so we encourage early submission to ensure your application is given full consideration. We are an equal opportunity employer and value diversity in our team. We welcome applications from all qualified candidates regardless of race, religion, gender identity, sexual orientation, or any other protected characteristic. We look forward to receiving your application!

Day-to-Day Tasks

In this role as an Assistant Management Accountant within our dynamic and forward-thinking organisation in the West Midlands, your day-to-day tasks will encompass a broad spectrum of responsibilities, providing you with ample opportunities for professional growth and development. Here's a glimpse into your typical workday:

*Financial Reporting: *

Prepare accurate financial reports, including management accounts, balance sheets, profit & loss statements, and other reports as required. Ensure that all reports are complete, concise, and presented in a timely manner for internal and external stakeholders.

• *Budgeting and Forecasting:

Assist in the creation of budgets and forecasts by analyzing historical data and trends to provide accurate financial projections. Collaborate with department heads to understand their needs and ensure that budgeted expenses align with business objectives.

• *Cost Analysis:

Conduct cost analysis across various departments, identifying areas of improvement and potential cost savings. Present findings to management and work collaboratively on implementing cost-effective strategies.

• *Account Reconciliations:

Perform account reconciliations to ensure the accuracy and completeness of financial transactions. Identify and resolve discrepancies in a timely manner, maintaining a high level of attention to detail.

• *Transaction Processing:

Process daily transactions accurately and efficiently, ensuring they are posted correctly in our accounting system. Handle tasks such as invoice processing, payments, journal entries, and bank reconciliations.

• *Compliance and Regulation:

Ensure that the organisation adheres to relevant financial regulations and policies. Stay updated on changes within the industry and advise management accordingly.

• *Internal Controls:

Assist in the development and maintenance of internal controls to safeguard the organisation's assets and ensure accurate and reliable financial reporting.

• *Ad-hoc Analysis:

Perform ad-hoc analysis as required by senior management, providing insights that support informed decision making.

• *Collaboration:

Collaborate with various departments within the organisation to gather necessary data, ensuring a smooth flow of information between teams.

• *Professional Development:

Actively participate in professional development activities, staying updated on accounting best practices and industry trends. Contribute to team learning and knowledge sharing opportunities as they arise.

Qualifications and Skills

*Qualifications and Skills *

*Minimum Qualification: *

• Bachelor's degree in Accounting, Finance, or a related field. A professional accounting qualification (ACA/CIMA/ACCA) is desirable but not essential for the right candidate.

*Experience: *

• Proven experience in a financial role, preferably within a dynamic and fast-paced organisation. Candidates should have at least 2 years of experience in an Assistant Accountant or similar role.

*Key Skills: *

• Strong numerical skills with the ability to manage budgets, forecasting, and financial analysis.
• Proficiency in Microsoft Excel, including pivot tables and VLOOKUP functions. Familiarity with accounting software such as SAP or Oracle is beneficial.
• Excellent communication skills, both written and verbal, to effectively liaise with various departments and senior management.
• Strong organisational skills with the ability to manage multiple tasks simultaneously in a fast-paced environment.
• Detail-oriented and able to work accurately under pressure to meet deadlines.
• A strong understanding of financial regulations and compliance requirements.
• Ability to work collaboratively as part of our team, contributing to a positive and productive working environment.
• Proactive approach to problem-solving with the ability to identify potential issues and propose effective solutions.
• Strong analytical skills with the ability to interpret complex data and present findings in a clear and concise manner.
• Demonstrable initiative and drive with a willingness to learn and develop professionally.

Candidate Requirements

We are seeking a dynamic and dedicated Assistant Management Accountant to join our team in the West Midlands. This is an exciting opportunity for an ambitious individual who is looking to further their career within finance and contribute to the financial success of our organisation.

*Key Responsibilities: *

• Assist in the preparation of monthly management accounts, forecasts, budgets and variance analysis.
• Support the Management Accountant in the preparation of year-end statutory accounts.
• Maintain accurate and up-to-date financial records.
• Carry out ad hoc financial analysis as required by the Management Accountant or Finance Manager.
• Assist with the preparation of management information for senior management meetings.
• Ensure compliance with all relevant financial regulations and policies.
• Liaise with internal departments to ensure accurate recording of transactions.
• Provide support in the preparation of annual audited accounts and other statutory returns.
• Assist in the preparation of tax computations and liaising with external tax advisors.
• Develop and maintain strong working relationships with key stakeholders across the organisation.

*Qualifications & Experience: *

• ACCA/ACA Part-Qualified or Qualified (or equivalent) Accountant, ideally with experience within a similar role.
• Strong understanding of financial accounting principles and practices.
• Excellent analytical skills and ability to interpret complex data.
• Proficient in the use of Microsoft Excel and financial software packages.
• Strong communication skills, both written and verbal.
• Ability to work effectively as part of a team and manage multiple tasks simultaneously.
• Proactive attitude with the ability to work under pressure and meet deadlines.
• Demonstrable commitment to maintaining high levels of confidentiality and integrity. This is a fantastic opportunity for an ambitious individual looking to develop their career within finance. We offer a competitive salary, generous holiday entitlement, and a range of other benefits. If you believe you have the skills and experience we're looking for and are ready to take the next step in your career we would love to hear from you. Please submit your application, including a cover letter outlining why you are suitable for this role and a current CV, by clicking the 'Apply Now' button below. We are an equal opportunities employer and welcome applications from all suitably qualified individuals regardless of their race, sex, disability, religion/belief, sexual orientation or age.

Key Responsibilities

In this role as an Assistant Management Accountant within our dynamic and forward-thinking organisation based in the West Midlands, you will have the opportunity to contribute significantly to our financial success while building a rewarding career. This position requires a dedicated and proactive individual with strong analytical skills, excellent attention to detail, and the ability to work effectively both independently and as part of a team.

• Assist in the preparation of monthly management accounts, ensuring accuracy and timeliness, and collaborate closely with relevant departments to provide valuable insights and make informed decisions.
• Maintain the fixed asset register accurately, record all new assets, depreciations, disposals, and transfers as necessary.
• Prepare and post journal entries accurately and in a timely manner for various general ledger accounts.
• Assist in the preparation of annual budgets, forecasts, and variance analyses to support strategic decision-making.
• Work closely with the Management Accountant and Financial Controller to ensure all financial reporting requirements are met effectively and efficiently.
• Contribute to the development and implementation of improvements to accounting systems, processes, and controls to enhance overall financial performance.
• Collaborate with internal and external auditors, as required, during audit engagements.
• Prepare and distribute management reports on a regular basis, ensuring they are clear, concise, and actionable for key stakeholders.
• Support the analysis of financial data to identify trends, patterns, and areas requiring improvement or further investigation.
• Provide ad hoc reporting as required by senior management, including variance analyses, profitability analysis, and cash flow forecasting.
• Collaborate with department heads to set budgets, monitor performance, and provide financial guidance.
• Participate in project work as required, such as mergers, acquisitions, or reorganisations, providing financial support and analysis.
• Assist with the preparation of statutory financial statements, ensuring compliance with relevant accounting standards and regulations.
• Stay abreast of industry trends, accounting developments, and best practices to maintain a high level of professional competence and contribute to the continuous improvement of the finance function within our organisation. By joining our team as an Assistant Management Accountant, you will be embarking on an exciting journey of growth and development in a dynamic and supportive work environment. We look forward to welcoming you to our team!

Organization Info

*About Us *

*The Role: Assistant Management Accountant *

In this role, you will be an integral part of our Finance team, reporting directly to the Management Accountant. You will play a crucial role in maintaining accurate financial records, preparing budgets, and providing financial analysis to support strategic decision-making within our organization.

*Responsibilities *

• Assist in the preparation of monthly management accounts and quarterly VAT returns.
• Carry out complex financial analyses and present findings in a clear, concise manner.
• Prepare budgets, forecasts, and other financial reports as required.
• Assist with the periodic audit and ensure compliance with relevant accounting standards and regulations.
• Liaise with external auditors, banks, and other stakeholders as necessary.
• Provide ad hoc support to the Management Accountant on any finance-related projects or tasks.
• Contribute to the continuous improvement of our financial systems and processes.

*Skills & Experience *

To succeed in this role, you will have a strong educational background in Finance or Accounting, ideally with a professional qualification such as ACCA, CIMA, or ACA. You will have experience working in a similar role, demonstrating a solid understanding of financial management principles and practices. Strong analytical skills, attention to detail, and the ability to work effectively under pressure are essential. We offer a competitive salary, comprehensive benefits package, and opportunities for professional development within our organization. If you are passionate about finance, eager to grow your career, and excited by the prospect of working with a forward-thinking team we would love to hear from you!

Job Benefits

We are delighted to offer a range of competitive benefits to our new Assistant Management Accountant, designed to support your personal and professional growth within our organisation. Here is an overview of the benefits you can expect:

*Competitive Salary

• : We value the skills and experience that you bring to our team, which is why we offer a highly competitive salary package, regularly benchmarked against industry standards.

• *Comprehensive Training & Development Programmes

• : As a forward-thinking organisation we are committed to nurturing talent from within. We provide ample opportunities for you to grow and develop professionally through on-the-job training, workshops, and mentorship programmes.

• *Flexible Working Arrangements

• : Recognising the importance of work-life balance we offer flexible working arrangements that help you maintain a healthy lifestyle while meeting your professional responsibilities.

• *Private Medical Insurance & Wellbeing Programmes

• : To ensure your physical and mental well-being we provide comprehensive health insurance coverage, employee assistance programmes, and various wellness initiatives throughout the year.

• *Pension Scheme

• : We believe in securing our employees' financial future. Our generous pension scheme allows you to save for retirement while making the most of any government contributions.

• *Life Assurance

• : For peace of mind we offer life assurance cover that ensures your loved ones are financially secure in case of an unfortunate event.

• *Learning & Development Opportunities

• : As a learning organisation we encourage ongoing personal development through various online courses, industry conferences, and access to industry-leading publications.

• *Employee Recognition Programmes

• : We believe in celebrating the achievements of our team members. Our employee recognition programmes are designed to show appreciation for hard work and dedication.

• *Social Events & Team Building Activities

• : From team lunches to charity events we organise regular social activities that help foster a positive work environment and promote camaraderie among the team.