At a Glance
- Tasks: Provide insightful financial information to support decision-making and drive performance.
- Company: Dynamic company in Huntingdon offering a collaborative finance environment.
- Benefits: Competitive salary, professional development, and opportunities for career growth.
- Other info: Join a team focused on continuous improvement and strategic financial support.
- Why this job: Make a real impact on business performance while developing your financial expertise.
- Qualifications: ACCA, ACA or CIMA qualified with experience in a similar finance role.
The predicted salary is between 50000 - 55000 £ per year.
The Management Accountant is responsible for providing accurate, timely and insightful financial information to support effective decision-making. This role plays a key role in financial control, performance reporting, budgeting and forecasting, helping the business to understand performance, manage costs and drive continuous improvement.
Key Responsibilities:
- Financial reporting
- Prepare accurate and timely monthly management accounts, including profit and loss, balance sheet, cash flow reporting and associated KPIs
- Assist in month-end processes, ensuring journals, accruals, prepayments and balance sheet account reconciliations are completed in accordance with policies and deadlines
- Ensure compliance with UK accounting standards (e.g. UK GAAP or IFRS)
- Cash Flow
- Support cash flow forecasting and working capital management
- Internal Controls, Compliance and Audit
- Maintain strong financial controls and processes
- Ensure compliance with tax laws and regulations (VAT, corporation tax, CIS)
- Assist with year-end audit preparation and statutory reporting
- Budgeting & Forecasting
- Assist with the annual budgeting and periodic forecasting processes, working closely with budget holders and senior leaders
- Produce meaningful financial analysis and commentary to explain business performance, trends, risks and opportunities
- Assist with creating and developing financial models to support business case development, commercial modelling and scenario analysis, using multiple data sources.
- Strategic Support
- Partner with operational and functional stakeholders to improve financial understanding and support sound commercial decision-making
- Support senior management with financial analysis and ad hoc reporting
- Analyse operational costs and identify opportunities for efficiency improvements
- Identify opportunities to improve finance processes, reporting quality and efficiency through continuous improvement
- Contribute to the wider finance team activity and projects as required, supporting business priorities and change initiatives
Skills and Attributes:
- ACCA, ACA or CIMA Qualified
- Previous experience in a Management Accountant or similar finance role
- Ability to work to tight deadlines
- Advanced Microsoft Excel skills, using multiple data sources
- Excellent analytical and problem-solving abilities
- Ability to communicate financial information clearly to non-finance stakeholders
- Experience using accounting software and ERP systems (IFS highly desirable)
- Excellent attention to detail and curiosity to understand more
Management Accountant employer: 1st Choice Recruitment
Join a dynamic and supportive team in Huntingdon, where we prioritise employee growth and development. As a Management Accountant, you will benefit from a collaborative work culture that encourages continuous improvement and innovation, alongside competitive remuneration and comprehensive benefits. Our commitment to excellence ensures that you will play a vital role in shaping the financial future of the company while enjoying a fulfilling career path.
StudySmarter Expert Advice🤫
We think this is how you could land Management Accountant
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who are already in management roles. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your financial knowledge and being ready to discuss real-life scenarios. We recommend practising common interview questions related to budgeting, forecasting, and financial analysis to show you mean business.
✨Tip Number 3
Don’t forget to showcase your Excel skills! During interviews, be prepared to demonstrate how you've used advanced functions to analyse data or improve reporting processes. This will set you apart from the competition.
✨Tip Number 4
Apply through our website for the best chance at landing that Management Accountant role. We love seeing candidates who take the initiative and show genuine interest in joining our team!
We think you need these skills to ace Management Accountant
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your qualifications like ACCA, ACA or CIMA, and any relevant experience in management accounting. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the Management Accountant role. Share specific examples of how you've contributed to financial reporting, budgeting, or process improvements in previous roles. We love a good story!
Showcase Your Analytical Skills:Since this role involves a lot of financial analysis, make sure to highlight your analytical abilities. Mention any tools or software you've used, especially if you have experience with ERP systems like IFS. We’re keen on candidates who can turn data into insights!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Plus, we love seeing applications come in through our own platform!
How to prepare for a job interview at 1st Choice Recruitment
✨Know Your Numbers
As a Management Accountant, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how you've used them in past roles. This shows you can provide the insightful financial information they’re looking for.
✨Master the Software
Familiarise yourself with accounting software and ERP systems, especially IFS if you can. Be prepared to talk about your experience with these tools and how you've leveraged them for budgeting, forecasting, and reporting. It’ll give you an edge!
✨Showcase Your Analytical Skills
Prepare examples of how you've analysed financial data to drive decision-making. Think about specific instances where your insights led to cost savings or efficiency improvements. This will highlight your problem-solving abilities and strategic support skills.
✨Communicate Clearly
You’ll need to explain complex financial information to non-finance stakeholders. Practice simplifying your explanations and using relatable examples. This will demonstrate your ability to partner effectively with operational teams and support sound commercial decisions.
