At a Glance
- Tasks: Deliver accurate management accounts and support project financial analysis.
- Company: Join Transvac, part of Ingersoll-Rand, a leader in innovative solutions.
- Benefits: Flexible hours, medical cash plan, shares after one year, and comprehensive training.
- Other info: Dynamic work environment with opportunities for growth and development.
- Why this job: Make a real impact in finance while working with top industry experts.
- Qualifications: AAT Qualified or CIMA Part Qualified, strong Excel skills, and engineering experience.
The predicted salary is between 40000 - 50000 € per year.
About Us
Now a member of the Ingersoll-Rand group of companies, Transvac comprises teams of dedicated people - experts in Oil & Gas, Energy, Chemical, Steel, Mining, Carbon Capture and related markets. We draw on our extensive technical knowledge and intellectual property to provide the knowhow and support to solve some of the world’s most challenging problems. Our people make the critical difference to customers by providing unique approaches to problem solving. Join some of the world’s finest scientific and technical minds at our design and manufacturing centre in Derbyshire, and help us make our technical solutions a global reality.
Job Summary
Responsible for delivering accurate, timely management accounts and statutory reporting, while leading the finance team and supporting senior stakeholders with robust financial insight and compliance. Acts as Project Finance Analyst, monitoring project performance, forecasting, and profitability, and developing US GAAP capability to support international reporting needs.
Responsibilities
- Management Accounts
- Provide timely, accurate financial information while supporting the Finance Business Partner, Senior Leadership, and departmental Managers.
- Prepare the monthly management accounts within a strict 3 day deadline, ensuring accuracy and full compliance with UK GAAP.
- Lead, mentor, and support the Finance team, promoting strong performance and continuous improvement.
- Manage statutory reporting obligations, including PAYE/NI, Intrastat, EC Sales, VAT returns, and submissions to the Office for National Statistics. To support the Finance Business Partner in the Year End Audit process.
- Oversee Accounts Payable, Accounts Receivable, Cashbooks, ensuring accuracy and effective debt management.
- Maintain a fully reconciled and up to date fixed asset register.
- Manage stock control processes, review and address obsolete inventory, and work closely with the Purchasing Manager to deliver an accurate and efficient year end physical stocktake.
- Project Analyst
- Track projects spend against budget, identify variances, and provide clear commentary.
- Prepare monthly project financial reports.
- Track Labour and Material Procurement to maintain accurate financial data for WIP, revenue recognition, and accruals.
- Produce forward looking forecasts to inform strategic decision making.
- Work closely with project managers, operations, and commercial teams.
- Other
- Progress towards becoming fully proficient in US GAAP to meet expanding international reporting requirements.
Basic Qualifications
- Good level of numeracy and attention to detail.
- AAT Qualified and/or CIMA Part Qualified or QBE.
- Strong MS Excel.
- 3+ years Working in an Engineering Environment with experience of Long-Term contracts and revenue recognition.
- ETO Project Experience.
- Exposure to International reporting / US GAAP desirable.
- Experience of Sage 200 Accounting and SICON Job Costing and SAP (both desirable, not essential).
Travel & Work Arrangements/Requirements
- Fully site based / Hybrid.
- Full-time or 4 days per week.
What we Offer
- Flexible start and finish times.
- Paycare towards dental and optical bills.
- Electric vehicle / cycle to work salary-sacrifice schemes.
- Holiday entitlement.
- Medical Cash Plan Cover.
- 10% of salary in shares after 1 year of employment.
- Employee Assistance Program.
- Comprehensive product training and full internal support.
Special Accommodation
If you are a person with a disability and need assistance applying for a job, please submit a request.
Lean on us to help you make life better. We think and act like owners. We are committed to making our customers successful. We are bold in our aspirations while moving forward with humility and integrity. We foster inspired teams.
Ingersoll Rand is committed to achieving workforce diversity reflective of our communities. We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request and a member of our team will contact you.
Management Accountant - Projects & Manufacturing employer: Ingersoll-Rand plc
Transvac, now part of the Ingersoll-Rand group, is an exceptional employer located in Derbyshire, offering a dynamic work environment where innovation meets expertise in various industries such as Oil & Gas and Energy. Employees benefit from flexible working arrangements, comprehensive training, and a strong emphasis on personal growth, alongside unique perks like a medical cash plan and share options after one year. Join a team that values diversity, fosters collaboration, and is committed to making a meaningful impact globally.
StudySmarter Expert Advice🤫
We think this is how you could land Management Accountant - Projects & Manufacturing
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and engineering sectors. You never know who might have a lead on a Management Accountant role or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your project finance knowledge. Be ready to discuss how you've tracked project spend and managed budgets in previous roles. Show them you’re the perfect fit for their team!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and expertise. Check out our website for openings at Transvac and tailor your approach to highlight your experience in engineering finance.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can set you apart from other candidates. Mention something specific from your conversation to remind them why you’re the best choice for the Management Accountant position.
We think you need these skills to ace Management Accountant - Projects & Manufacturing
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Management Accountant role. Highlight your experience in project finance, statutory reporting, and any relevant qualifications like AAT or CIMA. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a great fit. Don’t forget to mention your experience with UK GAAP and any exposure to US GAAP.
Showcase Your Technical Skills:Since this role involves a lot of financial analysis, make sure to highlight your proficiency in MS Excel and any experience with accounting software like Sage 200 or SAP. We love seeing candidates who can hit the ground running!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us that you’re serious about joining our team at Transvac!
How to prepare for a job interview at Ingersoll-Rand plc
✨Know Your Numbers
As a Management Accountant, you'll need to demonstrate your numerical prowess. Brush up on key financial metrics and be ready to discuss how you've used them in past roles. This shows you’re not just familiar with numbers but can also interpret and leverage them for strategic decisions.
✨Understand the Business
Familiarise yourself with Transvac's operations and the industries they serve, like Oil & Gas and Energy. Being able to speak knowledgeably about their projects and challenges will impress interviewers and show that you're genuinely interested in the role and the company.
✨Prepare for Technical Questions
Expect questions around UK GAAP and US GAAP, especially regarding project finance and revenue recognition. Review relevant accounting standards and think of examples from your experience where you applied these principles. This preparation will help you answer confidently and accurately.
✨Showcase Leadership Skills
Since the role involves leading a finance team, be prepared to discuss your leadership style and experiences. Think of specific instances where you mentored others or improved team performance. Highlighting these skills will demonstrate your capability to lead and inspire.