Management Accountant | Job in Berkshire

Job Role Summary

*Job Title:

• Management Accountant

In the capacity of a Management Accountant within our dynamic organization based in South East, you will play a pivotal role in supporting our business by providing accurate and timely financial information to management. This position requires a proactive individual who can analyze complex data, make informed decisions, and communicate effectively with various stakeholders.

*Responsibilities: *

• Prepare and analyze financial reports, budgets, forecasts, and other performance metrics for management and senior leadership.
• Coordinate the preparation of financial statements and ensure their accuracy.
• Conduct cost analyses to help identify cost savings opportunities and assist in strategic decision-making processes.
• Collaborate with department heads to establish budgets and monitor variances.
• Provide guidance on accounting policies, procedures, and practices within the organization.
• Implement and maintain financial controls and ensure compliance with relevant regulations and standards.
• Review and improve accounting systems and procedures for efficiency and effectiveness.
• Assist in the preparation of tax returns and liaise with external auditors as needed.
• Participate in special projects and initiatives as required.
• Provide coaching, guidance, and support to junior team members when necessary.

*Qualifications: *

• Bachelor's degree in Accounting or a related field; CPA designation is highly desirable.
• Proven experience (minimum 5 years) in a Management Accountant role.
• Strong understanding of accounting principles, financial analysis, and budgeting processes.
• Excellent analytical, organizational, and problem-solving skills.
• Proficiency in using accounting software and Microsoft Office Suite.
• Exceptional communication skills, both written and verbal.
• Ability to work collaboratively with various departments and at all levels of the organization.
• High level of integrity and confidentiality in handling sensitive financial information.
• Strong attention to detail with the ability to manage multiple tasks simultaneously.

By joining our team as a Management Accountant, you will have the opportunity to contribute to our ongoing success while developing your career within a supportive and inclusive environment. If you are ready to take on this exciting challenge, we encourage you to apply today!

Job Summary

Job Title: Management Accountant

Location: South East, United Kingdom

Job Summary:

We are currently seeking a highly motivated and experienced Management Accountant to join our dynamic team based in the South East region. As a key member of our finance department, you will play a pivotal role in supporting the strategic financial objectives of the company.

Responsibilities:

• Preparation and analysis of monthly management accounts, including variance analysis and reporting on key performance indicators.
• Supporting the budgeting and forecasting process, ensuring accuracy and timely submission of forecasts and budget reports.
• Liaising with various departments to ensure accurate recording of transactions and compliance with company policies and accounting standards.
• Preparation of statutory financial statements in accordance with relevant legislation and regulations.
• Conducting periodic reviews of accounting procedures to identify areas for improvement and implementing necessary changes.
• Providing financial analysis and insights to support business decision-making and strategic planning.
• Assisting with external audits, ensuring a smooth and efficient process.
• Collaborating with the wider finance team on ad hoc projects as required.

Requirements:

• A recognised accountancy qualification (ACA/ACCA/CIMA) with substantial post-qualification experience in a similar role.
• Strong technical accounting knowledge, including IFRS and UK GAAP.
• Excellent analytical skills, with the ability to interpret complex financial data and communicate findings effectively.
• Proven ability to work collaboratively within a team and build strong working relationships with stakeholders at all levels.
• Strong attention to detail, with the ability to manage multiple tasks effectively and meet deadlines.
• Excellent communication skills, both written and verbal.
• A proactive approach to problem-solving, with the ability to identify potential issues and propose solutions.
• A commitment to continuous professional development and a desire to stay up-to-date with changes in accounting standards and practices.

We offer a competitive salary package, opportunities for career progression, and a supportive work environment that encourages innovation and collaboration. If you are passionate about finance and ready to take the next step in your career as a Management Accountant, we would love to hear from you.

To apply, please submit your CV and cover letter detailing why you believe you are suitable for this role.

We are an equal opportunities employer and welcome applications from all sections of the community.

Required Skills

*Required Skills (Management Accountant) *

• Financial Accounting: Proficient in preparing and analyzing financial reports, budgets, forecasts, and cost analysis. Familiarity with GAAP, IFRS, or other accounting standards is essential.

• Management Accounting: Ability to create comprehensive reports that help management make informed decisions regarding strategic planning and resource allocation.

• Cost Accounting: Expertise in understanding cost structures, cost behavior, absorption costing, and activity-based costing.

• Strategic Planning and Analysis: Capability to support long-term goals of the organization by conducting financial analyses and developing strategic plans.

• Decision Support: Ability to present complex financial data in an understandable format for non-financial stakeholders. Strong analytical skills are required.

• Risk Management: Experience in identifying, assessing, and mitigating potential risks within the financial operations of the organization.

• Regulatory Compliance: Knowledge of relevant accounting regulations and legislation in the Southeast region, ensuring that all financial transactions adhere to these regulations.

• Technical Proficiency: Familiarity with accounting software such as QuickBooks, Oracle Financials, or SAP. Proficient in using MS Excel for data manipulation and analysis.

• Communication Skills: Excellent written and verbal communication skills to effectively collaborate with various departments within the organization, prepare accurate reports, and provide financial guidance as needed.

• Leadership: Ability to guide and mentor junior accountants, demonstrating strong leadership qualities while fostering a positive and productive work environment.

• Continuous Learning: Willingness to stay updated on the latest accounting trends, industry best practices, and any changes in accounting standards or regulations.

Applicant Profile

I am a highly motivated and results-oriented Management Accountant with over 7 years of experience in financial management, strategic planning, and business operations. With a proven track record in delivering accurate financial reporting, analysis, and forecasting, I am confident that my skills and expertise make me an ideal candidate for the Management Accountant position at your esteemed organization.

• Financial Management: Proficient in managing budgets, preparing financial statements, and conducting cost-benefit analysis.

• Strategic Planning: Ability to develop long-term plans for the growth and success of the organization, aligning financial strategies with overall business objectives.

• Business Operations: Strong understanding of business operations and their impact on financial performance, ensuring efficient and effective operational processes.

• Analytical Skills: Capable of analyzing complex data, identifying trends, and making insightful recommendations for improvement.

• Communication: Excellent verbal and written communication skills, with the ability to present complex financial information in a clear and concise manner to various stakeholders.

• Leadership: Proven ability to lead and manage teams, fostering a positive work environment and encouraging professional growth.

• Oversee the financial operations of the organization, ensuring accuracy, timeliness, and compliance with relevant regulations.

• Prepare and present financial reports to senior management, board members, and other stakeholders.

• Collaborate with department heads to develop and implement budgets, and monitor expenditures against budgeted amounts.

• Conduct regular cost-benefit analysis to optimize the financial performance of the organization.

• Lead a team of accountants in their daily tasks and provide guidance for professional growth.

• Assisted in financial planning, budgeting, and forecasting.

• Prepared monthly, quarterly, and annual financial reports, ensuring their accuracy and timeliness.

• Conducted financial analysis to identify areas of improvement and made recommendations for cost reduction.

• Coordinated with auditors during the annual audit process.

I am excited about the opportunity to bring my unique blend of skills and experiences to your team as a Management Accountant. I look forward to discussing how my background aligns with your organization's goals and how I can contribute to its continued success.

Please find my resume attached for further details. Thank you for considering my application. I look forward to the possibility of working with you.

Sincerely,

Daily Responsibilities

As a Management Accountant in the South East region, your primary role will be to provide accurate and timely financial information that enables informed decision-making across various business functions. Your day-to-day responsibilities will include:

• *Financial Reporting:

• Prepare and review monthly management accounts, including balance sheets, profit and loss statements, and cash flow forecasts. Ensure compliance with relevant accounting standards and regulations.

• *Budgeting and Forecasting:

• Collaborate with department heads to create annual budgets and quarterly forecasts. Analyze variances between budgeted and actual figures, identify trends, and recommend corrective actions as necessary.

• *Cost Analysis:

• Perform cost analysis to optimize operational efficiency. Identify areas of high costs and propose cost-saving measures.

• *Financial Analysis and Strategy:

• Conduct financial analyses to support business strategies and initiatives. Provide insights on financial performance, market trends, and potential risks or opportunities.

• *Management of Accounting Staff:

• Lead, motivate, and manage a team of accountants. Oversee their work, provide training, and ensure adherence to company policies and procedures.

• *Internal Controls:

• Implement and maintain internal controls to safeguard the company's assets and ensure accurate financial reporting.

• *Regulatory Compliance:

• Ensure compliance with all relevant accounting regulations, standards, and laws. Stay updated on changes in these areas and implement necessary adjustments.

• *Collaboration:

• Work closely with other departments such as Operations, Sales, Marketing, and HR to support their financial needs and facilitate effective communication.

• *Project Accounting:

• Support the accounting for specific projects, including cost tracking, allocation, and analysis.

• *Ad hoc Analysis:

• Conduct ad hoc analyses or projects as required by management or external auditors. This may include investigations into irregularities, special studies, or other tasks as assigned.

Our Company

• Preparing monthly, quarterly, and annual financial reports
• Analyzing financial data to identify trends, areas for cost savings, and opportunities for revenue enhancement
• Collaborating with the finance team and other departments to ensure accurate and timely financial reporting
• Assisting in the preparation of budgets, forecasts, and business plans
• Ensuring compliance with accounting policies, regulations, and standards
• Participating in special projects as required

To be successful in this role, you will need:

• A bachelor's degree in Accounting or a related field
• A professional accounting qualification (ACA, CIMA, or equivalent)
• Proven experience in a Management Accountant or similar role
• Strong analytical and problem-solving skills
• Excellent attention to detail and strong organizational abilities
• Effective communication and interpersonal skills
• Proficiency in using accounting software and Microsoft Office Suite