At a Glance
- Tasks: Prepare management accounts, analyse financial performance, and support budgeting and forecasting.
- Company: Join a dynamic finance team at DMC, based in London.
- Benefits: Enjoy 20 days annual leave, NHS discounts, and a collaborative culture.
- Other info: Flexible role with diverse projects and a supportive team environment.
- Why this job: Kickstart your finance career with hands-on experience and growth opportunities.
- Qualifications: CIMA-qualified or finance-related degree preferred; bookkeeping experience is a plus.
The predicted salary is between 30000 - 38000 £ per year.
This role is suited to a CIMA-qualified professional looking to progress within DMC's Financial Services team, contributing to service development and organisational performance. The position involves preparing monthly management accounts, delivering variance analysis, maintaining ledger reconciliations, and supporting year-end and audit processes. It includes involvement in budgeting and forecasting, financial analysis, KPI reporting, scenario modelling, and identifying risks and opportunities. The role also supports financial controls, compliance tasks, and statutory reporting, while providing business partnering to operational and commercial teams on projects such as pricing, cost optimisation, and investment appraisal. Additional responsibilities include debtor management, supplier and stock oversight, expense and credit-card processes, and supporting small system development.
Candidates should be highly organised, confident with Excel and financial reporting, detail-focused, numerically strong, and able to work at pace. A finance-related degree is preferred, with prior bookkeeping or similar experience beneficial.
Key Responsibilities- Prepare monthly management accounts, including P&L, balance sheet, and cashflow reporting.
- Perform variance analysis and provide commentary on financial performance.
- Maintain and reconcile general ledger accounts.
- Assist in year-end processes and preparation of audit schedules.
- Support annual budget preparation and quarterly forecasts.
- Work with department heads to understand cost drivers and financial performance.
- Identify risks and opportunities influencing financial results.
- Analyse trends in revenue, cost, and profitability.
- Prepare business performance reports and KPI dashboards.
- Conduct scenario planning and cost-benefit analysis to support business decisions.
- Ensure compliance with internal controls and financial procedures.
- Support continuous improvement of financial systems and processes.
- Assist with tax, statutory, and regulatory reporting as required.
- Provide financial insights and guidance to operational and commercial teams.
- Support strategic projects such as pricing analysis, cost optimisation, or investment appraisals.
- Participate in debtor collection, handling of supplier statements, aging and stock, company credit card management, expenses and CONCUR, review of standing orders and direct debits, and the construction of small systems like SMART FORMS.
This position requires a candidate who is eager to learn, grow, and can manage a diverse workload. It provides an excellent opportunity to apply and enhance your management accounting skills, gain experience across different areas of accounting, and be part of a dedicated team in a thriving industry. This role is flexible and will require assistance on ad-hoc financial and non-financial projects as required by the business.
Required Skills & Competencies- Proficient with spreadsheets and Microsoft Office.
- Experience with Excel, including Pivot Tables, Charts, Statistical and Accounting functions (desirable), Data Validation, and Conditional Formatting.
- Experience and knowledge of preparing management accounts, data sets in presentable formats for both internal and external use.
- Attention to detail and well organised.
- Ability to deliver at pace and meet deadlines.
- Excellent numerical skills and attention to detail.
- Strong interpersonal and communication skills.
- A strong interest in learning and developing data and finance skills.
- Qualified CIMA.
- A degree in Finance, Accounting, Economics, or a related field is preferred.
- Previous experience in bookkeeping or a similar role.
- 20 days of annual leave, in addition to bank holidays (increasing with length of service).
- Access to NHS Discount Scheme.
- A collaborative and inclusive team culture across clinical and technical functions.
Management Accountant in London employer: DMC Healthcare
DMC is an exceptional employer for Management Accountants, offering a vibrant work culture in the heart of London. With a strong focus on employee growth, you will have the opportunity to enhance your skills through diverse responsibilities and collaborative projects, all while enjoying benefits such as 20 days of annual leave and access to the NHS Discount Scheme. Join a dedicated team that values inclusivity and professional development, making it a rewarding place to advance your career.
StudySmarter Expert Advice🤫
We think this is how you could land Management Accountant in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who are already working as Management Accountants. They can provide insider info about job openings and even refer you directly, which can give you a leg up.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Since this role requires strong Excel knowledge, practice using Pivot Tables and financial functions. We want you to feel confident when discussing your experience with management accounts and financial analysis.
✨Tip Number 3
Showcase your soft skills! Being detail-oriented and organised is key in this role. During interviews, share examples of how you've managed diverse workloads or improved processes in previous positions. This will highlight your fit for the team.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our company. Let’s get you that Management Accountant role!
We think you need these skills to ace Management Accountant in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Management Accountant role. Highlight your CIMA qualifications, Excel proficiency, and any relevant bookkeeping experience to catch our eye!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background aligns with our needs. Be specific about your experience in financial analysis and reporting.
Showcase Your Attention to Detail:As a Management Accountant, attention to detail is key. In your application, provide examples of how you've maintained accuracy in financial reporting or managed complex data sets. We love candidates who can demonstrate this skill!
Apply Through Our Website:We encourage you to apply directly through our website for a smoother 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 DMC Healthcare
✨Know Your Numbers
As a Management Accountant, you'll be dealing with financial data all the time. Brush up on your knowledge of management accounts, variance analysis, and KPI reporting. Be ready to discuss how you've used these skills in past roles or projects.
✨Excel is Your Best Friend
Since this role requires proficiency in Excel, make sure you’re comfortable with Pivot Tables, Charts, and Conditional Formatting. During the interview, you might be asked about specific functions or scenarios, so have examples ready that showcase your Excel prowess.
✨Show Your Organisational Skills
This position demands a high level of organisation and attention to detail. Prepare to share examples of how you've managed multiple tasks or projects simultaneously, especially under tight deadlines. Highlight any systems or processes you've implemented to improve efficiency.
✨Be a Team Player
Business partnering is key in this role, so be prepared to discuss how you've collaborated with operational and commercial teams in the past. Share specific instances where your financial insights helped drive decisions or improve outcomes for a project.