Management Accountant in Cardiff, Wales

Great Management Accountant role with hybrid working (2 days in office) in Cardiff centre.

MAIN PURPOSE OF JOB

This key role covers all aspects of financial and business management and the operational tasks necessary for the efficient running of the organisation. The main focus will be financial efficiency and effectiveness, and the post holder will contribute to the strategic and operational direction as a member of the management team providing an opportunity to make real commercial and financial impact. The post holder will work closely with, and have reporting responsibilities of finances to the Groups Head of Finance. Duties also include some general administrative and processing tasks.

MAIN DUTIES

• Prepare monthly management accounts and reports including profit & loss, balance sheet and a cash flow forecast as well as a narrative report to accompany these reports, and liaise with the central finance function as and when required.
• Manage all finance-related aspects, such as the processing of sales ledger transactions, invoices, credit notes, wip, expenses, purchase ledger transactions, credit accounts, bank income, petty cash etc.
• Work with colleagues within the central finance function on key tasks, including supporting year end accounts closure and auditing, monthly control account reconciliations and ad hoc projects.
• Provide other ad hoc business information as required by different departments to support decision making.

Budget

• Set the annual budget in collaboration with all departments and the Director, ensuring alignment with organisational goals and financial objectives.
• Work closely with departmental heads to gather input, forecast needs, and allocate resources effectively.
• Review and analyse financial performance quarterly, providing detailed reports and insights to the Director and relevant stakeholders.
• Make accurate financial projections based on current performance and future trends, ensuring informed decision-making and strategic planning.

Strategy & Analysis

• Produce estimates of income and expenditure and forecasts for the operations in conjunction with the Director and other staff.
• Proactively contribute to the success by providing and interpreting financial information to assist all departments and the Director in their decision making by identifying commercial trends.
• Contribute to strategic recommendations for cost efficiencies, process improvements and opportunities for growth.
• Monitor income and expenditure rigorously against approved budgets and advise departmental managers and the Director regularly on savings, improvements and efficiencies which could be achieved.
• Ensure sound systems of internal controls.

Other

• Implement continuous operational improvement and development through a process of assessment, review, and evaluation, developing and implementing appropriate procedures in liaison with the Director.
• Work with the Director to instil greater commercial awareness and understanding in all staff, and to assist them in their decision making.
• Undertake any other finance, commercial, or sales administration duties requested by the Director.
• Prepare/present reports for the Director, Advisory Board meetings, and others as required.

This role description is not intended to be an exhaustive list and will be subject to regular review in light of changing professional demands. The post-holder will be expected to be flexible in the performance of their duties.

GENERAL DUTIES

• Participate in and contribute to the collaborative and supportive team culture.
• Fulfil all relevant Health and Safety responsibilities.
• Adhere to all relevant policies and procedures.
• Adapt to change and have an ability to acquire new and relevant skills, and knowledge, by undertaking training, and taking appropriate responsibility for own personal and professional development.