At a Glance
- Tasks: Lead financial reporting, analysis, and team management in a dynamic manufacturing environment.
- Company: Join a successful international manufacturer with a turnover of £60m in the UK.
- Benefits: Enjoy a competitive salary, hybrid work, health insurance, and generous holiday allowance.
- Why this job: This role offers career growth, impactful work, and a collaborative team culture.
- Qualifications: Must be fully qualified (ICAEW, ACCA, CIMA) with five years of relevant experience.
- Other info: Opportunity to implement financial improvements and drive strategic initiatives.
The predicted salary is between 40000 - 60000 £ per year.
Accountancy Recruit is partnering with an international, large sized manufacturer, UK T/O 60m, in the recruitment of a Senior Management Accountant based in Bury St Edmunds. In this role you will report to the Finance Director and manage the accounts team of 3. The purpose of the role is to oversee all financial aspects of the company (UK & Ireland) and ensure the accuracy and integrity of financial and management reporting; provide financial analysis to support strategy and business growth. The Senior Management Accountant leads the development and implementation of financial policies and procedures, ensuring compliance with all regulatory requirements. This role offers scope to develop your professional career, experience and skills within a successful and ambitious company.
Responsibilities
- Financial Reporting & Analysis
- Prepare and present accurate and timely monthly, quarterly, and annual financial statements in accordance with UK GAAP (local reporting) and IFRS (group reporting).
- Provide insightful financial analysis to support strategic decision-making.
- Accounting Operations
- Oversee all operational accounting functions, including accounts payable, accounts receivable, general ledger, and payroll.
- Ensure the accuracy and efficiency of accounting processes and systems.
- Manage the month-end and year-end closing processes.
- Maintain, develop and enforce internal controls.
- Budgeting & Forecasting
- Develop and maintain financial models for forecasting and budgeting.
- Lead the annual budgeting process and develop accurate financial forecasts.
- Monitor budget performance and provide regular variance analysis.
- Collaborate with department heads to develop and manage departmental budgets.
- Team Management
- Lead, mentor, and develop the operational accounting team.
- Foster a positive and collaborative work environment.
- Conduct performance reviews and provide ongoing feedback.
- Financial Systems & Process Improvements
- Identify, evaluate and enhance key processes, especially where automation would create efficiencies and improve accuracy.
- Implement and manage financial software and tools.
- Drive continuous improvement initiatives within the finance department.
- Cash Management
- Monitor and manage the company's cash flow.
- Optimize working capital and ensure adequate liquidity.
- Manage banking relationships.
So, if you have solid experience in financial / management reporting, financial analysis, are strongly IT orientated and aspire to develop your career, then please apply now!
Requirements & Skills
- Fully Qualified: ICAEW, ACCA / CIMA).
- Five years of progressive, post-qualification experience preferably in a commercial/industrial environment.
- Strong knowledge of UK GAAP and IFRS.
- Advanced Excel: Proficiency in accounting software and ERP systems.
- Proven experience in financial reporting, budgeting, and forecasting.
- Excellent analytical and problem-solving skills – demonstrating confidence to question and challenge.
- Desirable leadership and team management abilities. Empower and motivate others.
- Excellent communication and interpersonal skills.
- Understanding of UK tax legislation.
- Intercultural adaptability and sensitivity.
- Good commercial acumen.
- Show integrity, tenacity, resilience and adaptability in complex situations and changing environments.
- Ability to manage pressure and commit to / respect deadlines.
- Demonstrating teamwork and developing across functional co-operation.
- Ability to build relationships both internally and externally.
- A strong sense of ownership and work ethics.
Remuneration & Benefits
- Salary £50-60,000 pa
- 25 days holiday bank holidays – Additional holiday days accrued with service
- Company Car / financial benefit
- 37.5-hour week – Monday to Friday
- Pension scheme – up to 8% matched
- Annual performance related bonus
- Health Insurance
- Hybrid – 3 days in the office, 2 days remote
- Parking
Senior Management Accountant employer: Accountancy Recruit
Contact Detail:
Accountancy Recruit Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Management Accountant
✨Tip Number 1
Familiarise yourself with UK GAAP and IFRS standards, as these are crucial for the role. Consider brushing up on any recent changes or updates in these regulations to demonstrate your commitment to staying current in the field.
✨Tip Number 2
Highlight your experience with financial software and ERP systems during networking opportunities. Engaging with professionals in the industry can help you learn about the tools they use and may give you an edge when discussing your technical skills.
✨Tip Number 3
Prepare to discuss your leadership style and how you've successfully managed teams in the past. Think of specific examples where you mentored team members or improved team performance, as this will resonate well with the hiring managers.
✨Tip Number 4
Network with professionals in the manufacturing sector to gain insights into the specific challenges they face. This knowledge can help you tailor your discussions during interviews, showing that you understand the industry and its financial nuances.
We think you need these skills to ace Senior Management Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial reporting, budgeting, and team management. Use specific examples that demonstrate your proficiency in UK GAAP and IFRS.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention your qualifications, such as being fully qualified (ICAEW, ACCA, or CIMA) and your experience in a commercial environment.
Highlight Leadership Skills: Emphasise your leadership and team management abilities in both your CV and cover letter. Provide examples of how you have mentored teams and fostered a positive work environment.
Showcase Analytical Skills: In your application, include instances where you provided insightful financial analysis that supported strategic decision-making. This will demonstrate your analytical prowess and problem-solving skills.
How to prepare for a job interview at Accountancy Recruit
✨Showcase Your Financial Acumen
Be prepared to discuss your experience with UK GAAP and IFRS. Highlight specific examples of financial reporting, budgeting, and forecasting you've managed in previous roles, as this will demonstrate your expertise and suitability for the Senior Management Accountant position.
✨Demonstrate Leadership Skills
Since this role involves managing a team, be ready to share your leadership experiences. Talk about how you've mentored team members, fostered collaboration, and handled performance reviews. This will show that you can lead and develop the accounts team effectively.
✨Prepare for Technical Questions
Expect questions related to financial systems and processes, especially regarding automation and efficiency improvements. Brush up on your knowledge of accounting software and ERP systems, as well as any relevant process improvement initiatives you've led.
✨Communicate Clearly and Confidently
Strong communication skills are essential for this role. Practice articulating your thoughts clearly and confidently, especially when discussing complex financial concepts. This will help you build rapport with the interviewers and demonstrate your interpersonal skills.