At a Glance
- Tasks: Lead the preparation and analysis of financial information and management accounts.
- Company: Join a dynamic team focused on delivering impactful financial insights.
- Benefits: Enjoy flexible working options and opportunities for professional growth.
- Why this job: Be part of a collaborative culture that values your input and drives real change.
- Qualifications: A background in finance or accounting is essential; experience is a plus.
- Other info: This role offers exposure to various departments, enhancing your business acumen.
To prepare, develop and analyse all financial information, taking the lead on delivering the Management Accounts Pack each period. To provide accounting advice to the business and assist in periodic journals, reconciliations, balance sheet control and ad hoc project activities.
- Own and deliver the Management Accounts and Finance Board Pack every period
- Assist in the preparation of statutory accounts
- Prepare tax packs for tax reporting
- Provide variance analysis and commentary for any deviations to budget/forecast/last year
- Prepare interim and annual audit files
- Assist in the preparation of annual budgets and financial forecasts, including identification of areas of risk and opportunity
- Develop and maintain financial controls around accounting systems and policies
- Maintain schedules to monitor and control capital spend, repairs and maintenance spend, occupancy costs, utilities spend, IT costs and any other major costs
- Prepare reconciliations and analysis to support monthly business reviews and balance sheet reviews
- Provide a support service by working with all departments and the Management Team to help make financial decisions
- Provide ad hoc finance support
Management Accountant employer: Frosts Recruitment
Contact Detail:
Frosts Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Management Accountant
✨Tip Number 1
Familiarise yourself with the specific financial software and tools that are commonly used in management accounting. Being proficient in these systems can set you apart from other candidates and show that you're ready to hit the ground running.
✨Tip Number 2
Network with professionals in the finance sector, especially those who work in management accounting. Attend industry events or join relevant online forums to gain insights and potentially get referrals that could help you land the job.
✨Tip Number 3
Stay updated on the latest trends and regulations in accounting and finance. This knowledge will not only help you during interviews but also demonstrate your commitment to the field and your ability to adapt to changes.
✨Tip Number 4
Prepare to discuss real-life scenarios where you've successfully managed financial data or provided valuable insights. Having concrete examples ready can showcase your problem-solving skills and your ability to contribute to the team.
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 in management accounting. Focus on your skills in preparing financial information, variance analysis, and any experience with statutory accounts or audit files.
Craft a Strong Cover Letter: In your cover letter, emphasise your ability to deliver Management Accounts and Finance Board Packs. Mention specific examples of how you've provided accounting advice or supported financial decisions in previous roles.
Showcase Analytical Skills: Since the role involves variance analysis and commentary, include examples in your application that demonstrate your analytical skills. Discuss how you've identified risks and opportunities in past projects.
Highlight Team Collaboration: The job requires working with various departments. Illustrate your teamwork skills by providing examples of how you've collaborated with others to achieve financial goals or improve processes.
How to prepare for a job interview at Frosts Recruitment
✨Know Your Numbers
As a Management Accountant, you'll be expected to have a strong grasp of financial data. Brush up on key financial metrics and be prepared to discuss how you've used them in past roles. This will show your analytical skills and understanding of financial reporting.
✨Demonstrate Your Communication Skills
You'll need to provide accounting advice and support to various departments. Be ready to share examples of how you've effectively communicated complex financial information to non-financial stakeholders. This will highlight your ability to collaborate and influence decision-making.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities, especially regarding budget variances or financial forecasting. Think of specific situations where you identified risks or opportunities and how you addressed them. This will showcase your proactive approach and critical thinking.
✨Familiarise Yourself with Financial Controls
Understanding financial controls is crucial for this role. Be prepared to discuss your experience with maintaining and developing financial policies and systems. Highlight any improvements you've made in previous positions to demonstrate your capability in this area.