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- Tasks: Lead the finance department, producing management accounts and optimising profitability for our growing padel centres.
- Company: Join PadelStars, a rapidly expanding padel centre operator with a passion for sports.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Why this job: Shape the future of finance in a thriving sports industry and make a real impact.
- Qualifications: Qualified or part-qualified accountant with strong analytical skills and attention to detail.
- Other info: Fast-paced, growth-driven environment with potential for career advancement.
The predicted salary is between 36000 - 60000 £ per year.
PadelStars is a profitable padel centre operator that was established in 2022, currently operates 10 venues and is rapidly expanding with new centres at a pace of 5+ per year. We are seeking a Management Accountant with strong commercial awareness and an interest in the sports industry, specifically padel and multi-sport facilities. To date, management accounting has been outsourced but is now being brought in house. You will be the first hire and so will be able to lead and shape the finance department. The role will support financial planning, reporting, bookkeeping and operational decision-making across venues, coaching programmes, retail, events, and membership revenue streams. As the business grows, we expect to hire a bookkeeper to support in the role. You will play a key role in optimising profitability, enhancing financial performance, and supporting the growth of padel operations across the UK.
Key Responsibilities and Duties
- Management Reporting
- Produce monthly management accounts for each club/venue, including P&L, balance sheet reconciliations and cash flow analysis
- Prepare detailed commentary on revenue lines such as court bookings, memberships, coaching, tournaments, and café/retail operations
- Analyse P&L, balance sheet and cashflow performance, venue performance, utilisation rates, occupancy levels, and yield per court
- Provide variance analysis and recommend improvements based on financial trends
- Prepare month-end journals (accruals, prepayments, depreciation, payroll allocations)
- Daily Bookkeeping & Transaction Processing
- Maintain accurate financial records in the Xero accounting system including divisional and tracking between projects and locations
- Process purchase invoices utilising automatic data capture (Hubdoc), raise corporate and educational sales invoices, receipts and payments and take booking software information to upload on Xero
- Reconcile bank accounts and credit cards daily
- Liaise with the court booking app and reconcile transactions
- Manage accounts payable, staff expenses and accounts receivable ledgers
- Maintain fixed asset register on Xero
- Cash Flow & Financial Control
- Monitor daily/weekly cash position
- Prepare payment runs and allocate receipts
- Flag issues or variances promptly
- Maintain robust financial controls and processes
- VAT, Payroll & Compliance
- Prepare monthly VAT returns
- Prepare monthly payroll
- Ensure compliance with HMRC, Auto enrolment responsibilities and Companies House deadlines
- Budgeting, Forecasting & Financial Planning
- Prepare annual budgets, rolling forecasts, scenario planning and cashflow modelling
- Work with leadership, venue managers and operations teams to assist financial forecasting
- Monitor performance against budget and proactively identify risks and growth opportunities
- Analyse all revenue streams, court and membership pricing and suggest improvements
- Sports Facility Operations Support
- Work collaboratively with operations to evaluate: Court utilisation and scheduling, Coaching productivity, Capital expenditure for new courts or facility upgrades, Support feasibility studies for new padel facilities
- Compliance & Controls
- Ensure financial processes align with UK GAAP and internal control frameworks
- Assist with regulatory and statutory requirements such as GDPR, internal audit controls, and external audit queries
- Maintain accurate financial systems for multi-site operations
- Year-End & Audit Support
- Assist external accountants with year-end accounts
- Prepare audit-ready schedules and documentation
- Ensure financial controls are effective
Personal Qualities
- Commercially minded with strong problem-solving skills
- High level of integrity and professionalism
- Proactive, efficient, and able to take ownership
Working Conditions
- Principal place of work: Clapham Junction
- Travel to venues as required
- Driving licence and car an advantage
- Occasional extended hours during month-end or event periods
- Fast-paced, growth-driven environment within the sports sector
Key Skills and Competencies
- Qualified or part-qualified accountant (ACA/ACCA/CIMA) preferred
- Strong experience preparing management accounts
- Analytical mindset with excellent attention to detail
- Strong Excel skills and able to work with large data sets.
Management Accountant employer: HR Duo, Ltd.
Contact Detail:
HR Duo, Ltd. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Management Accountant
✨Tip Number 1
Network like a pro! Get out there and connect with people in the sports industry, especially those involved in padel. Attend events, join relevant groups on social media, and don’t be shy to reach out for informational chats. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Show off your skills! When you get the chance to meet potential employers or hiring managers, bring along examples of your work. Whether it’s financial reports or analyses you've done, having tangible proof of your abilities can really set you apart from the competition.
✨Tip Number 3
Tailor your approach! Research PadelStars and understand their business model and values. When you apply through our website, make sure to highlight how your experience aligns with their goals, especially in optimising profitability and enhancing financial performance.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s a great opportunity to reiterate why you’re the perfect fit for shaping their finance department.
We think you need these skills to ace Management Accountant
Some tips for your application 🫡
Show Your Passion for Padel: When you're writing your application, let your love for padel and the sports industry shine through. We want to see that you’re not just a numbers person but someone who genuinely cares about the growth of our venues and the sport itself.
Tailor Your Experience: Make sure to highlight your relevant experience in management accounting and how it relates to our needs. We’re looking for someone who can lead our finance department, so don’t be shy about showcasing your skills in financial planning and reporting.
Be Clear and Concise: Keep your application straightforward and to the point. Use clear language and structure your thoughts well. We appreciate a well-organised application that makes it easy for us to see why you’d be a great fit for the role.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at PadelStars!
How to prepare for a job interview at HR Duo, Ltd.
✨Know Your Numbers
As a Management Accountant, you'll need to demonstrate your financial acumen. Brush up on key financial metrics relevant to the sports industry, especially those related to revenue streams like memberships and court bookings. Be ready to discuss how you would analyse P&L statements and cash flow to optimise profitability.
✨Show Your Passion for Padel
PadelStars is all about the sport, so make sure to express your enthusiasm for padel and multi-sport facilities during the interview. Share any personal experiences or insights you have about the sport, and how you see it growing in the UK. This will show that you're not just a numbers person, but also genuinely interested in the business.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills and commercial awareness. Prepare for scenarios where you might need to suggest improvements based on financial trends or analyse performance against budget. Practising these types of questions can help you articulate your thought process clearly.
✨Highlight Your Tech Savvy
Since you'll be using Xero and other software tools, it's crucial to showcase your technical skills. Be prepared to discuss your experience with accounting software, data analysis, and how you've used technology to streamline financial processes in previous roles. This will reassure them that you can hit the ground running.
