At a Glance
- Tasks: Prepare management accounts and oversee Balance Sheet and Income Statement lines.
- Company: Join Group 1 Automotive, a global leader in the automotive industry with over 7000 dedicated colleagues.
- Benefits: Enjoy 33 days of leave, exclusive discounts, flexible working, and 24/7 healthcare support.
- Why this job: Be part of a growing team that values integrity, teamwork, and professional development.
- Qualifications: Post qualification experience in management accounts; ACA, ACCA, or CIMA preferred.
- Other info: Diversity is valued; we encourage enthusiastic applicants eager to learn.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
Management Accountant Milton Keynes Head Office
Good, honest, rewarding work. It's how we're built.
Working as a Management Accountant, you will be supporting the Senior Management Accountant with the timely and accurate preparation of the Head Office management accounts for Group 1 Automotive as well as ownership of specific Balance Sheet and Income Statement lines.
As part of a successful, global automotive group, youll broaden your experience across both sites and brands. And with the right support from us, youll be able to progress as high as you can aim.
What we can offer you
- Enjoy 33 days of annual leave(including bank holidays) to rest and recharge
- Save money every day withour exclusive retail discounts
- Drive a great dealwith discounts on new and used cars, plus servicing offers
- Plan for the years aheadwith our company pension scheme
- Balance home and workwith our industry-leading family-friendly policies designed to help you spend more time with the people that matter
- Commute for lesswith our cycle-to-work scheme
- Prioritise your wellbeingwith dedicated support for you and your family
- 24/7 access to healthcare professionals, ensuring you get the expert advice you need quickly and easily
- Make a differencewith a paid day to volunteer in your community
- Invest in your futurewith our company share purchase plan
- Earn financial rewardswhen you refer a friend to join the team
- Keep learning and growingwith our training and development opportunities for everyone.
- Life assurancewith the option to increase cover
- Were open toflexible workingoptions just ask
What youll do day to day
- Prepare specific areas of the monthly management accounts for the Head Office of Group 1 Automotive in compliance with relevant accounting standards and regulations. You will own segments of the Balance Sheet and Income Statement for the Head Office, present results and provide variance commentary to senior management.
- Prepare monthly Balance Sheet reconciliations in line with required deadlines and work with senior management to highlight all risks and opportunities to the business.
- Manage the purchase and sales ledger for Head Office, monitoring aged debt and liabilities. This will include working with key stakeholders across the business to ensure supplier invoices are settled in a timely manner.
- Support finance transformation projects that include refinement of existing financial systems and migration to a new accounting system.
- Help prepare the annual Budget for Head Office, and re-forecasts where required
- Liaise with the auditors/internal audit, responding to queries and requests in a timely and professional manner.
- Develop and maintain strong relationships with key stakeholders across the business to facilitate effective communication and collaboration in aide of ensuring the integrity and accuracy of the management accounts for Head Office
- Driving and encouraging the continuous improvement of end-to-end accounting activities and control process, meeting relevant timeframes – documenting where necessary
- Compliance with auditing standards and Group1 accounting policies and procedures, demonstrating understanding and compliance with Sarbanes Oxley reporting requirements
- People management of 1 direct report
Helpful skills and qualifications
Dont worry about ticking off every single skill here- if you care about delivering great experiences as much as we do, we want to hear from you.
- Demonstrable post qualification experience in industry, preparing management accounts and being responsible for Balance Sheet reconciliations.
- Gravitas and confidence to present and interpret results to senior management
- Familiar of accounting standards under different accounting regimes e.g. FRS 101, FRS 102 and US GAAP
- Proficiency in accounting software with advanced skills in Microsoft Excel (pivot tables, lookups, sumifs, macros, financial modelling).
- Ability to ensure compliance with accounting policies and legal standards.
- ACA, ACCA, CIMA, or other relevant professional certifications.
- Strong communication and interpersonal skills.
- Ability to prioritise tasks and meet tight deadlines in a fast-paced high-performance environment
- Good organisation and administrative skills
- Can communicate effectively
- Excellent attention to detail
- Excellent level of numeracy
We value diversity and believe it strengthens our team. If you dont meet every requirement listed but are enthusiastic about this role and eager to learn, we encourage you to apply.
Be part of something big
Group 1 Automotive is on an exciting growth journey. We are home to over 7000 colleagues dedicated to providing exceptional customer service, with 114 dealerships in the UK, representing 21 brands at the forefront of automotive retail.
But you dont need to love cars to work with us- just need to share our mission to create outstanding and trusted experiences for our customers, our partners, and our people.
Our Values
At Group 1 Automotive we pride ourselves on our five core values that are incorporated in all we that do.
Respect – Integrity – Transparency – Teamwork Professionalism
These are the principles that every member of our team lives by, whether that be business functions, customer interactions, how we interact with the local community and even how we view each other in the team.
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Management Accountant employer: Group 1 Automotive
Contact Detail:
Group 1 Automotive Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Management Accountant
✨Tip Number 1
Familiarise yourself with the specific accounting standards mentioned in the job description, such as FRS 101, FRS 102, and US GAAP. This knowledge will not only help you during the interview but also demonstrate your commitment to understanding the role.
✨Tip Number 2
Brush up on your Excel skills, particularly advanced functions like pivot tables and macros. Being able to showcase your proficiency in these areas can set you apart from other candidates and show that you're ready to hit the ground running.
✨Tip Number 3
Network with current or former employees of Group 1 Automotive on platforms like LinkedIn. Engaging with them can provide you with insider insights about the company culture and expectations, which can be invaluable during your application process.
✨Tip Number 4
Prepare to discuss your experience with management accounts and Balance Sheet reconciliations in detail. Be ready to share specific examples of how you've successfully managed these tasks in previous roles, as this will highlight your suitability for the position.
We think you need these skills to ace Management Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in management accounting, particularly any roles where you've prepared management accounts or managed Balance Sheet reconciliations. Use specific examples that demonstrate your skills and achievements.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your values align with those of Group 1 Automotive, and provide examples of how you can contribute to their mission of delivering exceptional customer service.
Highlight Relevant Qualifications: Clearly list your professional qualifications such as ACA, ACCA, or CIMA. If you have experience with accounting standards like FRS 101, FRS 102, or US GAAP, make sure to mention this as it is crucial for the role.
Showcase Soft Skills: The job requires strong communication and interpersonal skills. Provide examples in your application that demonstrate your ability to work collaboratively with stakeholders and present financial results confidently to senior management.
How to prepare for a job interview at Group 1 Automotive
✨Know Your Numbers
As a Management Accountant, you'll be dealing with financial data daily. Brush up on your knowledge of Balance Sheets and Income Statements, and be prepared to discuss how you would present results and provide variance commentary to senior management.
✨Demonstrate Your Software Skills
Proficiency in accounting software and advanced Excel skills are crucial for this role. Be ready to showcase your experience with pivot tables, lookups, and financial modelling during the interview.
✨Showcase Your Communication Skills
Strong communication and interpersonal skills are essential. Prepare examples of how you've effectively communicated complex financial information to non-financial stakeholders in the past.
✨Emphasise Continuous Improvement
The company values continuous improvement in accounting processes. Think of instances where you've contributed to process enhancements or finance transformation projects, and be ready to share these experiences.