At a Glance
- Tasks: Support finance operations, manage month-end close, and improve financial processes.
- Company: Join a leading legal consultancy with a global reach and innovative culture.
- Benefits: Enjoy health insurance, flexible working, and extensive career development opportunities.
- Other info: Collaborative environment with regular social events and a focus on personal growth.
- Why this job: Be part of a dynamic team shaping the future of finance in a growing business.
- Qualifications: Qualified or part-qualified accountant with management accounting experience.
The predicted salary is between 45000 - 55000 € per year.
About us
DRS is a legal consultancy specialising in commercial contracts relating to derivatives, financing and professional agreements. Trusted by banks, asset managers, hedge funds and trading firms across the globe, we provide solutions that deliver rapid and efficient negotiation and remediation of document portfolios. Established in 2009, we have approximately 100 members of staff, operating both on-site and off-site from our bright and modern offices in London and Newcastle. Our market-leading team is led by our directors who all have extensive legal and industry expertise within financial services. We’re now establishing a base in Malaysia to work with existing and new clients across the Asia-Pacific region.
Job overview
We are seeking a highly motivated Management Accountant to support the Head of Finance across core finance operations, including month-end close, budgeting and forecasting, reporting, and systems/process improvements. This is a key role within a growing, multi-entity business, where you will take ownership of financial processes across 4 entities. You will play a critical part in shaping a scalable, efficient, and future-proof finance function, with a strong focus on automation and continuous improvement.
Responsibilities
- Month-End & Management Accounting
- Prepare flash trading reports journals by working day 3
- Lead the month-end close process across multiple entities
- Preparing balance sheet reconciliations and month end journals (accruals, prepayments, deferred income, fixed assets, project costs allocations)
- Managing intercompany transactions and balances reconciliations
- Assisting with payroll & pension preparation and submission to HMRC and pension provider
- Managing and monitoring staff shared budgets: employee social funds, solicitors study fees, travel & subsistence, marketing spend
- Managing incoming finance inboxes
- Accounts Payable & Receivable Oversight
- Oversee & provide cover for accounts payable function (non-direct report), including:
- Processing purchases invoices, contractor invoices, expenses & credit cards transaction
- Bank reconciliations
- Managing supplier invoice approval workflow, including setting up and updating approval limits and credentials
- Preparation of weekly credit control reports
- Financial Operations & Controls
- Manage credit card processes & card holders limits
- Preparing VAT returns quarterly and bi-monthly for review
- Submission of invoice financing notifications
- Assisting with annual budgets and quarterly forecast preparation
- Prepare year end files and support for review for 4 entities
- Assisting with payroll year end close and reporting
- Preparing P11Ds and PSA reconciliations for review
- Assisting with client onboarding process
- Assisting with cash flow forecast
- Systems & Process Improvement
- Support ongoing finance transformation initiatives, including automation and reporting enhancements
- Assist in building financial dashboard robust reports and analysis across all entities
- Help implement scalable processes and robust financial controls
About You
- Qualified or part-qualified accountant (ACCA / ACA/CIMA preferred)
- Minimum 3+ years’ finance experience, including 2+ years in management accounting
- Experience working in multi-entity environments
- Strong analytical mindset with attention to detail
- Excellent communication skills, with the ability to work across multiple stakeholders and as part of a team
- Experience in using accounting software package: Xero
- Advanced Excel
Why Join Us?
- Exposure to multi-entity and high-growth operations
- Involvement in system implementations and automation projects
- A collaborative environment with strong leadership support
Our Culture
We pride ourselves on cultivating an informal working environment by having accessible senior management, open plan offices and a real team approach. We have a flexible working culture and ask for staff to attend the office for 2 core days a week, although do expect new joiners to spend most of their initial period at the office. We’re a diverse firm; speaking over 20 languages, with staff from over 23 countries. Our inclusive, supportive and innovative team dynamic always strive to do the right thing for our clients, for our colleagues and for the business.
At DRS, we are dedicated to supporting your learning and development. As such, we offer an extensive career pathway to assist your growth and career goals, enabling you to envision a long-term future with us. To facilitate your progression through the career pathway, we provide a range of training material on our learning management system including, legal, technical and soft skills training.
We offer a sociable and collaborative culture; the relationships we build, both with each other and our clients, are what set us apart. We aspire to improve ourselves by knowing and understanding more each day, sharing knowledge and insight. We are dedicated to creating a team environment and each Friday we hold the ‘Breakfast Club’ where everyone in the company gets together (virtually) to discuss market developments, achievements and knowledge. We hold regular team meetings, weekly 1-2-1 sessions and monthly company-wide updates from our CEO. We also offer a social side to coming to work; hosting regular social events, team lunches, activities and Friday drinks/snacks.
We recruit on a regular basis as our teams are expanding quickly, due to a variety of growing client projects. Our recruitment process involves various stages in order to ensure you get a full picture of the company culture, the team you would be working with and the work you will be doing.
Benefits
- Health Insurance
- Employee Assistance Programme
- Perks and discount
- Socialisation team budget
- Wellbeing initiatives
- Charitable work & volunteering leave
- Free Mental Health Support
- Cycle to work scheme
- 5% Employer Pension Contribution
- Life insurance
- Long term sickness insurance
- 25 days annual leave plus bank holidays
Equal Opportunities
We are committed to promoting equality of opportunity for all staff and job applicants. We aim to create a working environment in which all individuals are able to make best use of their skills, free from discrimination or harassment, and in which all decisions are based on merit. Return to work and flexible working conversations are also encouraged and supported.
Our selection for recruitment does not discriminate on the basis of age, disability, gender reassignment, marital or civil partner status, pregnancy or maternity, race, colour, nationality, ethnicity, ethnic or national origin, religion or belief, sex or sexual orientation or gender reassignment status (protected characteristics). If you require any adjustments for interview, please let us know and we'll be more than happy to accommodate.
We are dedicated to giving back and supporting our local community. As such, we have an annual charity plan that provides opportunities for our staff to take paid time off to help the local community. We are also an accredited living wage employer as we believe investment in our people is a true reflection of our company values.
Use of Data
If you apply to this position, we will hold personal data and your CV and/or application to DRS roles within our recruitment database (Workable) for a maximum of 24 months, for the purpose of considering you for this/ current and future roles. After this time your information will be deleted. If you wish for us to delete this information right away, please do let us know.
Management Accountant in Newcastle upon Tyne employer: DRS
At DRS, we pride ourselves on being an excellent employer, offering a collaborative and inclusive work culture that fosters professional growth and development. With a strong focus on employee well-being, we provide comprehensive benefits including health insurance, flexible working arrangements, and extensive training opportunities to support your career aspirations. Our vibrant offices in London and Newcastle, combined with our commitment to innovation and teamwork, make DRS a truly rewarding place to build your career as a Management Accountant.
StudySmarter Expert Advice🤫
We think this is how you could land Management Accountant in Newcastle upon Tyne
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work in multi-entity environments. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of accounting software like Xero and advanced Excel skills. We want to see you shine, so practice common interview questions related to management accounting and be ready to showcase your analytical mindset.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Check out our website for openings at DRS, where you can be part of a collaborative culture that supports your growth.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can leave a lasting impression. Mention something specific from your conversation to show you were engaged and are genuinely interested in the role.
We think you need these skills to ace Management Accountant in Newcastle upon Tyne
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Management Accountant role. Highlight relevant experience, especially in month-end close and budgeting, as these are key responsibilities for us.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for DRS. Share specific examples of how you've improved financial processes or contributed to team success in previous roles.
Show Off Your Skills:Don’t forget to mention your proficiency with accounting software like Xero and your advanced Excel skills. We love seeing candidates who can hit the ground running!
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’re considered for the role promptly.
How to prepare for a job interview at DRS
✨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 understand the importance of data in decision-making.
✨Showcase Your Systems Savvy
Familiarise yourself with accounting software like Xero, as well as Excel functions. Be prepared to discuss how you've improved processes or implemented new systems in previous jobs. This will highlight your ability to contribute to their finance transformation initiatives.
✨Prepare for Scenario Questions
Expect questions that ask how you'd handle specific financial situations, such as month-end close or budget management across multiple entities. Use the STAR method (Situation, Task, Action, Result) to structure your answers effectively.
✨Emphasise Team Collaboration
DRS values a collaborative environment, so be ready to share examples of how you've worked with different stakeholders. Highlight your communication skills and how you've contributed to team success in past roles.
