Group Management Accountant

Our client, a seasoned and highly regarded Pan European Real Estate and Hospitality fund, is expanding and looking to bolster their Finance function for one of the Group companies. The Group Management Accountant, reporting directly into the CFO, is responsible for the financial management and reporting of a group of care homes, ensuring the accuracy, integrity, and timeliness of financial information across the group.

The role will oversee management accounts, revenue billing processes, inter-company accounting, balance sheet reconciliations, and financial controls. The postholder will work closely with operational teams to identify, investigate, and resolve process issues that impact financial accuracy and performance.

Key Responsibilities

• Financial Reporting Management Accounts
  • Prepare accurate and timely monthly management accounts for all care homes within the group.
  • Produce financial reports and analyses for senior management.
  • Assist with annual budgets, forecasts, and cash flow projections.
  • Provide meaningful financial insights and variance analysis to support operational and strategic decision-making.
  • Ensure compliance with accounting standards, company policies, and statutory requirements.
• Revenue Billing Credit Control Oversight
  • Oversee the timely and accurate billing of resident fees and other revenue streams.
  • Ensure all revenue is invoiced promptly and correctly in accordance with contractual and funding arrangements.
  • Monitor billing processes and identify opportunities to improve accuracy, efficiency, and cash collection.
  • Liaise with operational and administrative teams to resolve billing discrepancies and revenue issues.
• Inter-Company Accounting
  • Manage all inter-company transactions and balances across the group.
  • Ensure inter-company accounts are reconciled monthly and differences investigated and resolved promptly.
  • Maintain accurate records supporting all inter-company charges and allocations.
• Reconciliations Financial Control
  • Prepare and review monthly balance sheet reconciliations.
  • Ensure all control accounts are reconciled accurately and on a timely basis.
  • Investigate and resolve accounting discrepancies and unusual variances.
  • Support external auditors and year-end reporting requirements.
• Process Improvement Problem Solving
  • Analyse operational and financial processes to identify the root causes of inaccuracies and inefficiencies.
  • Work collaboratively with care home managers and operational teams to improve processes and strengthen financial controls.
  • Develop and implement solutions that improve data quality, reporting accuracy, and operational effectiveness.
  • Promote a culture of continuous improvement across finance and operational functions.
• Team Management
  • Provide leadership, support, and development to the Purchase Ledger Clerk.
  • Review work performed by the Purchase Ledger Clerk to ensure accuracy and compliance with procedures.
  • Assist in developing efficient accounts payable processes and controls.

Essential Qualifications Experience

• Fully qualified accountant (ACCA, CIMA) or qualified by experience with significant relevant expertise.
• Proven experience in a management accounting role within a multi-site or group environment.
• Strong understanding of inter-company accounting and group reporting.
• Extensive experience preparing management accounts and balance sheet reconciliations.
• Experience overseeing revenue billing processes and ensuring timely invoicing.
• Strong analytical and problem-solving skills.
• Advanced Excel and financial systems experience.

Essential Skills Competencies

• Excellent attention to detail and commitment to accuracy.
• Strong Microsoft Excel skills, including the ability to work with complex spreadsheets, data analysis, reconciliations, pivot tables, lookups, and financial reporting.
• Comfortable working in a fully paperless environment, using digital workflows, electronic document management systems, and cloud-based finance applications.
• Ability to identify and resolve operational issues impacting financial reporting.
• Strong communication and stakeholder management skills.
• Ability to prioritise workloads and meet deadlines in a fast-paced environment.
• Commercially aware with the ability to translate financial information into actionable insights.
• Proactive, organised, and self-motivated.

Desirable

• Experience within the care home, property, hospitality, healthcare, social care sector.
• Experience with care home management software and billing systems.
• Knowledge of local authority and NHS funding arrangements.

Further Details: Up to £60,000 dependent on experience plus discretionary, performance-based bonuses. This will be a role requiring you in the office with some flexibility. This is a super role and opportunity to work with a fast-moving, highly motivated senior leadership team where you will have a significant role to play whilst being fast-tracked to the next level.

For further information, please contact Grant Kaveney in confidence at GKR International.