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For Companies At a Glance
- Tasks: Oversee financial accounting, reporting, and support decision-making in a fast-paced manufacturing environment.
- Company: Successful manufacturing business in Wolverhampton with a focus on innovation.
- Benefits: Flexible working options post-probation, competitive salary, and professional development opportunities.
- Why this job: Join a dynamic team and make a real impact on financial operations and business success.
- Qualifications: ACCA qualified with experience in manufacturing finance and strong analytical skills.
- Other info: Opportunity for career growth and leadership in a collaborative environment.
The predicted salary is between 36000 - 60000 £ per year.
ALEXANDER DANIELS are exclusively recruiting for a successful manufacturing business in Wolverhampton. We are looking for an ACCA qualified Senior Financial Accountant/Finance Manager to oversee all financial accounting and reporting. The position provides critical financial support to senior operational leadership, ensuring high-quality financial information, robust controls, and effective decision support in a fast-paced, production-led setting. This role does offer some flexibility after probation.
Key Responsibilities
- Financial Accounting
- Prepare timely and accurate monthly management accounts, including profit and loss, balance sheet, cash flow, standard costing performance, and production variance analysis.
- Lead month-end close processes, ensuring accurate accounting for production costs, overhead absorption, work-in-progress, and inventory valuations.
- Ensure financial reporting aligns with wider organisational consolidation and reporting requirements.
- Oversee core manufacturing finance reconciliations, including inventory, cost of sales, and labour/overhead postings.
- Costing, Inventory & Operational Finance
- Maintain and update standard costs and overhead rates in line with operational changes.
- Analyse manufacturing variances such as material usage, labour efficiency, scrap, yield, and equipment utilisation.
- Oversee inventory integrity, including stock takes, cycle counts, and valuation in accordance with UK GAAP.
- Support operational teams with cost analysis, process efficiency reviews, and margin improvement initiatives.
- Financial Control & Compliance
- Ensure all accounting complies with UK GAAP / FRS 102 and internal financial policies.
- Maintain strong internal controls, particularly around inventory, production processes, and fixed assets.
- Act as the primary contact for external auditors and support statutory reporting processes.
- Prepare indirect tax returns and information packs for statutory and tax reporting purposes.
- Business Partnering
- Work closely with senior operational leaders and cross-functional teams to support effective decision-making.
- Provide clear financial insight into operational performance, working capital, and key cost drivers.
- Challenge and support stakeholders on cost control, investment appraisals, and efficiency initiatives.
- Finance Integration & Change
- Lead finance integration and standardisation activities, ensuring alignment of manufacturing data, inventory processes, costings, and financial controls with organisational standards.
- Support system changes, chart of accounts alignment, and reporting framework implementation.
- Develop and maintain a consistent monthly management reporting pack for site-level and central stakeholders.
- Budgeting, Forecasting & Planning
- Lead annual budgeting processes, including production volumes, labour planning, overheads, and capital expenditure.
- Deliver rolling forecasts and scenario analysis driven by operational assumptions.
- Support capital investment proposals and return-on-investment analysis.
- Cash & Working Capital
- Oversee cash flow forecasting with a focus on inventory levels, purchasing patterns, supplier terms, and production efficiency.
- Support the management of working capital facilities where applicable.
- Identify and deliver opportunities to improve working capital performance.
- Team Leadership (where applicable)
- Provide oversight to transactional finance activities (e.g. payables, receivables, payroll).
- Promote a culture of accuracy, continuous improvement, and strong partnership with operations.
Candidate Profile
- Qualified accountant (ACA / ACCA / CIMA)
- Experience within a manufacturing or industrial environment, ideally with exposure to standard costing and production reporting.
- Proven experience in a senior on-site or standalone finance role.
- Strong understanding of inventory accounting, cost of sales, and manufacturing cost flows.
- Confident in analysing production data and explaining operational variances to non-finance stakeholders.
Financial Accountant / Finance Manager in Wolverhampton employer: Alexander Daniels
Contact Detail:
Alexander Daniels Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Accountant / Finance Manager in Wolverhampton
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and manufacturing sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by practising common questions related to financial accounting and management. Think about how you can showcase your experience with inventory accounting and cost analysis. We recommend doing mock interviews with friends or using online platforms to get comfortable.
✨Tip Number 3
Showcase your skills through real-life examples. When discussing your experience, highlight specific projects where you improved financial processes or supported decision-making. This will help potential employers see the value you can bring to their team.
✨Tip Number 4
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect with us directly.
We think you need these skills to ace Financial Accountant / Finance Manager in Wolverhampton
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Financial Accountant/Finance Manager role. Highlight your ACCA qualifications and relevant experience in manufacturing finance. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific experiences that relate to financial accounting and reporting, and show us your passion for the industry.
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use numbers and examples to demonstrate how you've improved processes or contributed to financial success in previous roles. We love seeing results!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Alexander Daniels
✨Know Your Numbers
As a Financial Accountant or Finance Manager, you’ll need to demonstrate your expertise in financial reporting and analysis. Brush up on key metrics like profit and loss statements, cash flow, and standard costing. Be ready to discuss how you've handled month-end close processes and reconciliations in previous roles.
✨Understand the Business
Familiarise yourself with the manufacturing sector and the specific challenges it faces. Research the company’s operations, products, and market position. This will help you provide insightful answers and show that you can support operational leaders effectively.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills, especially around cost control and efficiency initiatives. Prepare examples from your past experience where you’ve successfully analysed variances or improved financial processes. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Showcase Your Team Leadership Skills
If applicable, be ready to discuss your experience in leading finance teams or working cross-functionally. Highlight how you promote accuracy and continuous improvement within your team. This is crucial as the role may involve oversight of transactional finance activities.
