At a Glance
- Tasks: As a Management Accountant, you'll enhance financial performance and support operational management.
- Company: Join UK Power Networks, a leader in energy services, committed to innovation and sustainability.
- Benefits: Enjoy 25 days annual leave, blended working options, and various tax-efficient benefits.
- Why this job: This role offers autonomy, collaboration, and the chance to drive continuous improvement in a dynamic environment.
- Qualifications: Qualified accountant with several years of experience; PowerBi knowledge is a plus.
- Other info: We promote equal opportunity and a supportive workplace culture.
The predicted salary is between 58000 - 70000 £ per year.
80441- Management Accountant
This Management Accountant will report to the Finance Manager and will work within the Finance directorate based in our Crawley, Energy House office. You will be a permanent employee.
You will attract a salary of between £58,000.00 – £70,000.00 depending on your skills, experience and qualifications and a bonus of 7.5%. This role can also offer blended working after the probationary period (6 months) – 3 days in the office and 2 remote.
Close Date: 16/03/2025 .
We Also Provide The Following Additional Benefits:
- 25 Days Annual Leave plus bank holidays.
- Reservist Leave – Additional 18 days full pay and 22 unpaid.
- Personal Pension Plan – Personal contribution rates of 4% or 5% (UK Power Networks will make a corresponding contribution of 8% or 10%).
- Tenancy Loan Deposit Scheme, Season Ticket Loan.
- Tax efficient benefits: Cycle to Work, Home & Tech, and Green Car Leasing Schemes.
- Occupational Health support.
- Switched On – scheme providing discount on hundreds of retailers’ products.
- Discounted gym membership.
- Employee Assistance Programme.
The role:
Reporting to the Finance Manager, you will improve the financial and operational performance of UKPN Services. This includes driving improved business resource productivity (both assets and staff) and performance through improved financial management and forecasting.
You will also represent the finance team with the management of the business.
Skills & Responsibilities:
This is a professional role which includes liaising throughout the business, with regular communication with central finance departments, senior management, non-finance managers and external contractors.
You will also advise operational management on the important issues and impacts arising concerning the financial position of the business.
You will undertake this role with a high degree of autonomy, referring to your line manager for guidance or decisions.
Principal Accountabilities:
- Understand and explain operational and financial performance to managers in a manner that focuses debate and drives a culture of continuous improvement to exceed targets.
- Provide clear & insightful accurate management information to allow Senior Managers to guide improvements in operational, service quality, and financial performance including the preparation of the monthly Performance Reports and contributing to the consolidated UKPN Services Performance Report.
- Drive best in class improvements to the process of producing monthly financial reports, support the participation of continuous improvement regarding costs and to participate in reviews with the business to understand the reasons for variances and to work with the business to improve efficiency.
- Participate in the preparation of Budgets, Medium Term Plans and Forecasts as agreed with the Finance Manager.
- Identify opportunities and areas for attention & recommend options for action – including areas of cost reduction and best practice governance.
- Embed financial governance around the appraisal and implementation of any new initiatives or financial processes within UKPN Services as agreed with the Finance Manager.
- Participate in the preparation of Statutory Accounts and supporting tables as agreed with the Finance Manager.
- Look for continuous improvements to processes within UKPN Services and co-ordinate implementation of these with the Finance Manager.
- Help manage and motivate the departmental team and promote cross working with other teams within the Finance Directorate.
To be successful, we believe that you will have the following experience:
- Qualified accountant. Several years PQE is desirable.
- Experience with PowerBi is desirable.
- Experience of solving business problems.
- Enjoy an environment which has fast pace.
- Experience delivering results and challenging the norm.
- Ability to collaborate effectively at all levels.
- Numerate with a strong commercial aptitude.
- Ability to plan, project manage and delegate effectively.
Health & Safety Responsibilities:
Managers and supervisors carry both legal and company responsibilities for ensuring the health and safety of their employees, those under their control and those who might be affected by the work undertaken. This includes briefing individuals working for them and ensuring there is the necessary understanding, competence and application of requirements to work safely and without harming the environment.
Employees will ensure they understand the health and safety risks involved in their work activities and their responsibility to apply the controls needed to manage those risks to acceptable levels.
We are committed to equal employment opportunity regardless of race, colour, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender, gender identity or expression, or veteran status. We are proud to be an equal opportunity workplace.
If you have any queries in connection to this vacancy or your application, please contact us at quoting the vacancy reference number and a member of the team will get in touch with you as soon as possible. #J-18808-Ljbffr
Management Accountant employer: Alternative Networks (now part of Daisy Group)
Contact Detail:
Alternative Networks (now part of Daisy Group) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Management Accountant
✨Tip Number 1
Familiarize yourself with the specific financial management tools mentioned in the job description, such as PowerBi. Having hands-on experience or even a basic understanding of these tools can set you apart during the interview.
✨Tip Number 2
Prepare to discuss your previous experiences where you successfully improved financial performance or operational efficiency. Use specific examples that demonstrate your ability to drive results and challenge the norm.
✨Tip Number 3
Showcase your collaborative skills by preparing examples of how you've effectively worked with cross-functional teams. This role requires liaising with various departments, so being able to communicate your teamwork experiences will be beneficial.
✨Tip Number 4
Research UKPN Services and understand their current financial challenges and opportunities. Being knowledgeable about the company’s context will help you articulate how you can contribute to their goals during the interview.
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 and skills that align with the Management Accountant role. Focus on your qualifications, PQE, and any experience with PowerBi, as these are key aspects of the job.
Craft a Strong Cover Letter: Write a cover letter that clearly explains why you are a great fit for this position. Mention your ability to improve financial performance and your experience in collaborating with various teams, as these are crucial for the role.
Showcase Your Problem-Solving Skills: In your application, provide examples of how you've successfully solved business problems in the past. This will demonstrate your capability to handle the fast-paced environment mentioned in the job description.
Highlight Continuous Improvement Initiatives: Discuss any initiatives you've led or participated in that focused on continuous improvement in financial processes. This aligns with the company's goal of driving best-in-class improvements and will strengthen your application.
How to prepare for a job interview at Alternative Networks (now part of Daisy Group)
✨Understand the Role
Make sure you have a clear understanding of the Management Accountant role and its responsibilities. Familiarize yourself with financial management, forecasting, and how to improve operational performance, as these are key aspects of the job.
✨Showcase Your Experience
Be prepared to discuss your qualifications and experience as a qualified accountant. Highlight any relevant PQE and your familiarity with tools like PowerBi, as well as examples of how you've solved business problems in the past.
✨Demonstrate Collaboration Skills
Since this role involves liaising with various departments, emphasize your ability to collaborate effectively at all levels. Share examples of how you've worked with non-finance managers or external contractors to achieve common goals.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities and how you handle fast-paced environments. Prepare scenarios where you've delivered results or challenged the norm, and be ready to discuss the outcomes.