Management Accountant in Newcastle upon Tyne

Management Accountant in Newcastle upon Tyne

Newcastle upon Tyne Full-Time 29700 - 36300 £ / year (est.) No working from home possible
Freight Island

At a Glance

  • Tasks: Manage financial accounts, analyse data, and support growth in a fast-paced environment.
  • Company: Freight Island, a vibrant venue redefining social experiences with food, drink, and entertainment.
  • Benefits: Opportunity for career development in a dynamic hospitality industry with exciting expansion plans.
  • Other info: Fast-paced environment with opportunities to innovate and improve financial processes.
  • Why this job: Join a creative team and make a real impact on financial decision-making in a thriving venue.
  • Qualifications: Part-qualified accountant with 2+ years of relevant experience; hospitality background is a plus.

The predicted salary is between 29700 - 36300 £ per year.

Freight Island crafts, curates and operates distinct multi-use venues built around atmosphere, community and immersive guest experiences. Across our spaces we bring together world class food vendors, unique and craft beverage concepts, live performances and a curated events programme to redefine how people gather, eat, drink and socialise. Transforming from daytime community hubs to electrifying night time experiences and flexing seamlessly from corporate private hires to unforgettable, headliner DJ’s, Freight offers a space for everyone, no matter the occasion.

Joining Freight Island means stepping into an extremely fast paced, creative environment where high operational standards drive unforgettable guest experiences at scale. Pushing the boundaries of modern venue space, our Newcastle location is Freight’s biggest footprint yet. Set beneath a dramatic retractable glass roof and boasting a spacious terrace, this massive rooftop space blends high energy food market culture and social drinking with Pyr, an elevated live fire dining experience. In the heart of the city, and with more to come, Freight Island will become home to Crux, a 1200 capacity music venue set to open its doors in early 2027.

We are seeking a skilled and experienced Management Accountant to support the finance function of Freight Island. This role is crucial for ensuring the successful delivery of the financial accounts for the business as we continue to grow. Reporting into our Head of Finance, this role offers a great opportunity for development within a growing business; with exciting expansion plans in the event & hospitality industry. Candidates who are meticulous, driven and ambitious will thrive in this role. A key player in our finance team, you’ll own month end for your site, building strong relationships with General Managers and key stakeholders, cementing yourself as the go to finance contact. While investigating anomalies and analysing trends, you will be contributing to building a sustainable financial department that is primed and ready to enter a serious period of growth. Most importantly, you understand how finance drives business decision making in a multifaceted environment that moves at lightning speed.

Responsibilities include (but are not limited to):

  • Accounts payable – Processing invoices, creating pay runs and reconciling supplier accounts.
  • Accounts receivable – Raising invoices, allocating payments. Assist with client queries.
  • Bank reconciliations.
  • Preparation of monthly financial reports, including income statements, balance sheets, and cash flow statements.
  • Managing the development and management of budgets and forecasts.
  • Managing the weekly reporting to the Head of Finance.
  • Managing the weekly payroll, reconciling timesheets and submitting approved shifts.
  • Analysing financial data to evaluate performance, identify trends, and recommend improvements.
  • Reconciliation and management of stock, to include assisting in the co-ordination of processes by the operations team to ensure accurate inventory control, tracking and maintaining transactions for movements on the stock system.
  • Identification and posting of journals, including payroll journals, prepayments, accruals and deferred income.
  • Any other duties which may be identified.

Qualifications:

  • Part-qualified accountant or equivalent, with prior similar experience.
  • A minimum of 2 years' experience in a similar role.
  • Knowledge in using cloud-based accounting package Xero advantageous.
  • Proficiency in Microsoft and Google Workspace packages.
  • Previous experience in hospitality industry advantageous.
  • Ability to multi-task, show initiative and work to deadlines.
  • Willingness to assist in adopting processes and recognising possibilities where these could be improved or developed.
  • Ability to build and maintain positive relationships with stakeholders and communicate at all levels internally and externally.

Management Accountant in Newcastle upon Tyne employer: Freight Island

Freight Island is not just a workplace; it's a vibrant community hub in Newcastle that offers an exciting blend of culture, food, and entertainment. As a Head Bartender, you'll thrive in a dynamic environment that values creativity and teamwork, with ample opportunities for personal growth and development. Join us to be part of a forward-thinking team that prioritises quality service and a fun atmosphere, making every shift a rewarding experience.

Freight Island

Contact Details:

Freight Island Recruitment Team

We think you need these skills to ace Management Accountant in Newcastle upon Tyne

Management Accounting
Accounts Payable
Accounts Receivable
Bank Reconciliations
Financial Reporting
Budget Management
Forecasting