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- Tasks: Prepare management accounts and improve reporting on business performance.
- Company: Established finance firm in Wakefield with a strong reputation.
- Benefits: Competitive salary of £40,000 - £50,000 and opportunities for growth.
- Why this job: Make a real impact on financial visibility and business success.
- Qualifications: Experience in management accounting and strong analytical skills.
- Other info: Join a supportive team focused on continuous improvement.
The predicted salary is between 34000 - 51000 £ per year.
An opportunity has arisen for a Management Accountant to join an established business based in Wakefield. The role sits within a small finance function and is responsible for producing timely, accurate management information. You will work closely with operational leads to improve reporting around business performance, income and resource utilisation, bringing greater visibility to profitability and cashflow.
Key responsibilities:
- Preparation of monthly management accounts with meaningful variance analysis and commentary
- Reporting on income, profitability and performance by service line
- Monitoring WIP, accruals and deferred income, ensuring appropriate recognition and controls
- Budgeting, cost tracking and margin review
- Producing cashflow forecasts and working capital reporting
- Oversight of balance sheet reconciliations and month-end journals
- Supporting billing processes, ensuring accurate invoicing and timely revenue capture
- VAT returns and compliance support, plus ad-hoc regulatory reporting as required
- Continuous improvement of reporting packs, systems and finance processes, including Excel models and dashboards
Management Accountant in Wakefield employer: IPS Group
Contact Detail:
IPS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Management Accountant in Wakefield
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work in management accounting. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Make sure you can confidently discuss management accounts, variance analysis, and cashflow forecasts. We want you to shine when it comes to showcasing your expertise!
✨Tip Number 3
Don’t forget to tailor your approach! When you apply through our website, highlight your experience with budgeting and performance reporting. Show us how you can bring value to the team right from the get-go.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can set you apart from other candidates. It shows your enthusiasm for the role and keeps you fresh in their minds as they make their decision.
We think you need these skills to ace Management Accountant in Wakefield
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Management Accountant role. Highlight your experience with management accounts, variance analysis, and any relevant financial reporting skills. We want to see how your background aligns with what we’re looking for!
Showcase Your Skills: Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you’ve improved reporting processes or contributed to budgeting and forecasting. This helps us see the impact you can make in our team.
Be Clear and Concise: When writing your application, keep it clear and concise. Avoid jargon unless it’s relevant to the role. We appreciate straightforward communication that gets to the point, especially when it comes to financial information!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us. Let’s get started on this journey together!
How to prepare for a job interview at IPS Group
✨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 previous roles. This shows you understand the importance of accurate reporting and can bring value to the team.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific situations, like managing WIP or preparing cashflow forecasts. Think of examples from your past experience where you successfully navigated similar challenges. This will help you showcase your problem-solving skills.
✨Showcase Your Excel Skills
Since the role involves producing reports and dashboards, be prepared to talk about your proficiency in Excel. Mention any advanced functions or models you've created, as this will highlight your ability to improve finance processes and reporting packs.
✨Understand the Business Context
Research the company and its industry to understand their financial landscape. Be ready to discuss how your role as a Management Accountant can contribute to their goals, especially around profitability and cashflow visibility. This shows you're not just a numbers person but also a strategic thinker.
