At a Glance
- Tasks: Create insightful financial reports and support decision-making for business units.
- Company: Join a dynamic finance team in a forward-thinking organisation.
- Benefits: Competitive salary, flexible working hours, and opportunities for professional growth.
- Other info: Collaborative environment with opportunities to mentor junior team members.
- Why this job: Make a real impact by improving financial processes and supporting key business decisions.
- Qualifications: Qualified or part-qualified accountant with management accounting experience.
The predicted salary is between 40000 - 50000 £ per year.
Description
The Management Accountant is responsible for producing accurate, timely and insightful management information for assigned business units and entities.
The role supports month-end close, balance sheet control, budgeting and forecasting, statutory and audit requirements, and business partnering with operational and senior management teams.
The postholder will help strengthen financial controls, improve reporting processes and provide clear analysis to support informed commercial and operational decision-making.
Key Duties & Responsibilities
- Prepare monthly management accounts for assigned entities and/or business units, including journals, accruals, prepayments and supporting schedules.
- Own and coordinate relevant month-end close activities to ensure reporting deadlines are met and results are complete, accurate and appropriately supported.
- Prepare, review and maintain balance sheet reconciliations, investigating reconciling items and ensuring timely resolution.
- Analyse revenue, cost of sales, overheads, gross margin and project-related performance, highlighting trends, risks and opportunities.
- Prepare variance analysis against budget, forecast and prior periods, with clear commentary for management review.
- Support budgeting and forecasting cycles by preparing schedules, reviewing assumptions and working with business stakeholders to understand expected performance.
- Maintain and reconcile intercompany transactions, including recharges, invoicing, eliminations support and resolution of intercompany differences.
- Support cashflow, working capital and debtor/creditor analysis by providing accurate finance data and commentary where required.
- Prepare and/or review VAT, tax, audit and statutory reporting schedules, working with external accountants and auditors as required.
- Support Group reporting requirements, consolidation inputs and wider finance queries with accurate analysis and audit-ready documentation.
- Ensure compliance with accounting standards, tax regulations, internal policies and delegated authorities relevant to the role.
- Identify and implement improvements to finance processes, controls, reconciliations and reporting templates.
- Provide financial guidance and support to operational teams, project teams and senior management, translating financial data into practical insight.
- Support, coach or review the work of junior finance team members where appropriate, promoting accuracy, consistency and good financial control.
- Liaise professionally with internal and external stakeholders, including auditors, banks, tax advisers, accountants and regulators as required.
Person Specification
Knowledge & Qualifications
- Qualified, part-qualified or finalist accountant, or qualified by experience, with relevant management accounting experience.
- Strong understanding of month-end close, management reporting, balance sheet control and core accounting principles.
- Experience using finance/accounting systems is essential; experience in multi-entity or project-based environments is desirable.
- Good working knowledge of VAT, audit requirements and financial controls; wider tax or statutory reporting exposure is desirable.
Skills
- Advanced Excel skills and confidence working with large datasets, reconciliations, lookups, pivot tables and reporting templates.
- Strong analytical skills with the ability to interpret financial results and explain key movements clearly.
- High attention to detail, accuracy and ownership of deliverables.
- Excellent organisation and time-management skills, with the ability to manage competing deadlines during month-end and reporting cycles.
- Clear communication and business partnering skills, with the confidence to engage with finance and non-finance stakeholders.
- Sound judgement, problem-solving ability and a proactive approach to improving processes and controls.
- Ability to work independently and collaboratively within a busy finance team.
Experience
- Proven experience in a finance, accounting or management accounting role.
- Proven experience preparing or supporting monthly management accounts, journals, reconciliations and variance analysis.
- Experience supporting audits, tax/VAT returns, statutory reporting or external adviser queries is desirable.
- Experience in a multi-entity, multi-currency, international or project-led business environment is desirable.
Requirements
Management Accountant employer: Elemental Energies
As an Assistant Management Accountant with us, you'll thrive in a dynamic work environment that values collaboration and innovation. We offer competitive benefits, a supportive culture that encourages professional development, and opportunities for growth within the company, all set in a vibrant location that fosters both personal and career advancement.
StudySmarter Expert Advice🤫
We think this is how you could land Management Accountant
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Elemental Energies. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Management Accountant
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Elemental Energies.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Elemental Energies's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Elemental Energies
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Elemental Energies.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Elemental Energies will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Elemental Energies employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
