At a Glance
- Tasks: Prepare financial analysis and management accounts to support reporting and forecasting.
- Company: Innovative medical devices manufacturer focused on advanced wound care solutions.
- Benefits: Competitive salary, full-time role, and opportunities for professional growth.
- Other info: Dynamic work environment with a focus on process improvements and teamwork.
- Why this job: Join a team making a real difference in patient care and wellbeing.
- Qualifications: Full Financial Qualification (CIMA or ACCA) and strong numeracy skills required.
The predicted salary is between 40000 - 50000 € per year.
Location: Coventry, West Midlands, CV3 2RQ
Salary: Competitive, DOE
Contract: Permanent, Full time
About the Company
We are an innovative medical devices manufacturer of advanced wound care products, including combination products, from gelling fibres and fabrics. We deliver innovative, cost effective and quality products and solutions for the advanced wound care industry helping to improve patient care and wellbeing.
About the Role
We are seeking a motivated and enthusiastic individual to join our team as a Management Accountant. In this role, you will be responsible for preparing insightful financial analysis and management accounts to support accurate financial reporting, planning, and forecasting. You will play a key part in delivering process improvements, supporting the processing of financial transactions, and ensuring that robust controls are in place and operating effectively. We are looking for someone who is eager to make a real difference, thrives on challenges, and is ready to contribute to the ongoing success of our team. If you have a passion for financial excellence and a drive to innovate, we’d love to hear from you.
Duties to include:
- Identify, investigate, prioritise and deliver process improvements.
- Provide support for transaction processing of Sales ledger, Purchase ledger, Cash and Fixed Assets to fulfil “segregation of duties” requirements.
- Use judgement to ensure that complex matters within these areas are appropriately accounted for and documented.
- Full responsibility for accounting for stocks and cost of sales, intangible assets and some other areas in line with FRS-102, highlighting any differences to group reporting requirements.
- Responsibility for preparing and ensuring the accuracy of Office of National Statistics returns, VAT returns, intrastat returns and other HMRC returns such as PSA and Class 1 A NI.
- Prepare monthly management accounting reports including variable product costs and fixed product costs, (non-product) department costs, capital reporting and balance sheet reconciliations.
- Use, review, maintain and update appropriate documentation of process flow and specific procedures including control mechanisms that operate.
- Produce relevant notes for the statutory accounts and provide relevant support to planning and forecasting process.
- Be an expert advisor and administrator for Orderwise general ledger and ensure that opportunities for automation are investigated and taken.
Key skills / abilities:
- Full Financial Qualification is essential e.g. CIMA or ACCA.
- Numerate.
- Knowledge and experience of double entry accounting as well as accounting techniques employed in a multiproduct environment is essential.
- Experience with Orderwise is preferred but not essential.
- Having successfully identified and delivered process improvements, efficiencies and cost savings is essential.
- Good communication skills, with the ability to translate financial requirements for budget holders are essential.
- Ability to work independently and as part of a team is essential.
- Basic level of IT skills including Word, Outlook and Power Point and advanced level of Excel is essential.
- Proactive attitude to time management and prioritisation and ability to work to tight deadlines under pressure are essential.
- Good organisation and being adept at leaving a good audit trail is essential.
- Experience of working within a Quality / Compliance environment is beneficial.
- Ability to get on with and influence people internally to achieve objectives is beneficial.
- Commercial awareness is beneficial.
- Experience of working within a business partnering role would be helpful.
Management Accountant employer: Hiring Wizard Limited
As an innovative medical devices manufacturer based in Coventry, we pride ourselves on fostering a dynamic work culture that values creativity and collaboration. Our commitment to employee growth is evident through continuous training opportunities and a supportive environment where your contributions directly impact patient care and wellbeing. Join us to be part of a team that not only strives for financial excellence but also champions innovation in the healthcare industry.
StudySmarter Expert Advice🤫
We think this is how you could land Management Accountant
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and accounting world. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by practising common questions related to management accounting. Think about how you can showcase your experience with process improvements and financial reporting. We recommend doing mock interviews with friends or using online platforms to boost your confidence.
✨Tip Number 3
Showcase your skills! Create a portfolio that highlights your achievements in financial analysis and process improvements. This could include case studies or examples of how you've contributed to previous teams. It’s a great way to stand out from the crowd!
✨Tip Number 4
Don’t forget to apply through our website! We’re always on the lookout for passionate individuals like you. Keep an eye on our job listings and make sure your application reflects your enthusiasm for making a difference in the financial landscape.
We think you need these skills to ace Management Accountant
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Management Accountant role. Highlight your financial qualifications, experience with double entry accounting, and any process improvements you've delivered. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to express your passion for financial excellence and innovation. Tell us why you're excited about this role and how you can contribute to our success. Keep it engaging and personal!
Showcase Relevant Skills:Don’t forget to showcase your key skills in your application. Mention your proficiency in Excel, your ability to work under pressure, and your experience in a Quality/Compliance environment. We love candidates who can hit the ground running!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. We can’t wait to hear from you!
How to prepare for a job interview at Hiring Wizard Limited
✨Know Your Numbers
As a Management Accountant, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how you've used them in past roles. Prepare examples of how you've improved processes or saved costs through your financial insights.
✨Showcase Your Problem-Solving Skills
The role requires identifying and delivering process improvements. Think of specific instances where you've tackled challenges head-on. Be prepared to explain your thought process and the impact of your solutions on the business.
✨Familiarise Yourself with Relevant Regulations
Since you'll be handling various returns and compliance matters, it's crucial to understand FRS-102 and HMRC requirements. Brush up on these regulations and be ready to discuss how you've ensured compliance in your previous roles.
✨Communicate Effectively
Good communication is key, especially when translating financial data for non-financial stakeholders. Practice explaining complex financial concepts in simple terms. This will show that you can bridge the gap between finance and other departments.
