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- Tasks: Produce monthly financial reports and support operational teams in decision-making.
- Company: Lampton Group, a community-focused organisation owned by the London Borough of Hounslow.
- Benefits: Hybrid working, 24 days holiday, free gym membership, and exclusive discounts.
- Why this job: Join a team that makes a real impact on community services while developing your finance skills.
- Qualifications: Fully qualified or finalist with a recognised accounting body; strong IT and communication skills.
- Other info: Diverse and inclusive workplace with excellent career growth opportunities.
The predicted salary is between 40000 - 50000 £ per year.
About Lampton Group
Established for over a decade, Lampton Group is wholly owned by the London Borough of Hounslow. This means we operate a commercially minded business, with a public service ethos. We work in close partnership with the Borough to provide commercial, strategic and social value to the community; any profits we make are invested back into essential services and community projects. We have three operating arms - Lampton Homes, Lampton Leisure and Lampton Services - each exists to enhance the lives of residents and support the council in supplying essential services.
Why Join Lampton Group?
- We are LLW employer, offering annual pay and contract reviews
- Hybrid working
- 24 days holiday allowance, plus bank holidays
- Free GOLD gym membership
- Enhanced Maternity and Paternity leave and Pension Scheme
- Exclusive Discounts - save with Lampton Rewards and EE mobile offers
- Staff wellbeing perks - online GP access, EAP, health testing, flu jabs, and eye care vouchers
- Sustainability Perks - cycle to work and electric car salary sacrifice scheme
- Career Growth - CPD training, structured development, and leadership opportunities
About the Job
The Management Accountant is the link between the transactional finance function, financial performance reporting and the operational business and departmental managers. The role of the Management Accountant is to produce the monthly P&L and balance sheet reporting, and support the operational teams in bringing the numbers to life to aid in the decision-making processes associated with all aspects of business. The role sits within the Group Finance team who provide a "one stop shop" to the businesses and their management teams. Whilst having a "home" company of focus, each Management Accountant supports the wider team where required to ensure the Group Finance department meets the requirements of the business. The role reports to the Divisional Financial Controller / Finance & Performance Manager who will support the role in all day-to-day duties and may assign additional duties from time to time where required to achieve the wider Group goals.
Key Responsibilities
- Own the production of the monthly management accounts pack
- Support in the Annual budget and business planning process
- Support on external audit and internal ad hoc projects
- Support the business with the approval of AP and AR invoices, resolving issues with the external AP processing contractor
- Prepare journals to be approved by the Divisional Financial Controller / Finance & Performance Manager, including accruals, prepayments, payroll transactions etc. Together with their supporting documentation.
- Request one off payments be raised, including same day payments directly with the bank
- Approve GL coding ahead of budget holder approval, via online portal, for all PO's
- Oversee the Daily / Weekly / Monthly Bank reconciliations and posting of receipts and manual payments
- Other transactional activities as required to ensure the Group Finance department achieves its goals
- Ensure all pension scheme payments are made in line with requirements and on time
- Create draft VAT returns for approval by the Divisional Financial Controller / Finance & Performance Manager
- Approve Sales Invoices, raised by Assistant Accountants
- Monthly Reconciliation of all assigned balance sheet accounts so that balances can be explained to all relevant parties
- Review and post journals to correct each departmental P&L
- Provide written commentary to support understanding of variances between actual P&L performance and the budget and forecast
- Review monthly performance to rationalise future month's forecast and highlight potential risks and/or opportunities to the forecast
- Raise AR invoices in line with contractual requirements
- Review revenue in month and reconcile with accrued and deferred balance sheet accounts
- Review and test payroll reports to ensure understanding of month on month movements along with variances to budget and forecast
- Produce supporting working papers to aid in the understanding of P&L and Balance Sheet values in a format that is suitable for the intended reader
Experience and Qualifications required
- Fully qualified or finalist with a recognised accounting body (ACCA/CIMA/ACA)
- Be a commercially astute, articulate, team player with the ability to communicate confidently with junior and senior finance and operational personnel alike
- Strong IT skills, Excel pivot tables essential, a can do attitude to learning new systems
- An understanding of the importance of financial policies and governance
- Understanding of local authorities, construction industry, LATCO's, Teckal, Multiple VAT supplies and partial exemption, CIS Returns is desirable
- Knowledge of Agresso / BWO is desirable
Due to the needs of the business and the department, we may interview suitable candidates before the closing date. This job may also close early if a large number of applications are received. You are advised to submit your application as early as possible to avoid missing your chance to apply. Diversity, equity and inclusion are at the heart of what we value as an organisation. Lampton Group is an equal opportunities employer and all qualified applicants will receive consideration for employment without regard to race, religion, sex, sexual orientation, age, disability or any other status protected by law. Our recruitment team are happy to support with any reasonable adjustments that are needed within the recruitment process.
Management Accountant employer: Lampton Group
Contact Detail:
Lampton Group Recruiting Team
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 world, especially those who might have insights into Lampton Group. A friendly chat can sometimes lead to opportunities that aren’t even advertised.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of local authorities and financial governance. Show us you understand the unique challenges and opportunities in this sector, and how you can contribute to Lampton Group's mission.
✨Tip Number 3
Practice your pitch! Be ready to explain how your skills as a Management Accountant can bring value to the team. We want to hear how you can make the numbers come alive and support decision-making processes.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows us you’re genuinely interested in being part of the Lampton Group family.
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 relevant experience and skills that match the job description, like your accounting qualifications and any experience with financial reporting.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for Lampton Group. Mention your understanding of their values and how you can contribute to their mission of providing community value.
Showcase Your Skills: Don’t forget to showcase your strong IT skills and experience with Excel. If you’ve worked with Agresso or similar systems, make sure to mention that too. We want to see how you can bring your 'can do' attitude to our team!
Apply Early!: Since we might interview candidates before the closing date, don’t wait until the last minute to apply. Head over to our website and submit your application as soon as you can to avoid missing out on this opportunity!
How to prepare for a job interview at Lampton Group
✨Know Your Numbers
As a Management Accountant, you'll be expected to handle financial data with ease. Brush up on your knowledge of P&L statements, balance sheets, and key financial metrics. Be ready to discuss how you've used these in past roles to support decision-making.
✨Showcase Your Communication Skills
This role requires you to communicate effectively with both finance and operational teams. Prepare examples of how you've successfully conveyed complex financial information to non-financial colleagues. This will demonstrate your ability to bridge the gap between numbers and people.
✨Familiarise Yourself with Relevant Software
Make sure you're comfortable with Excel, especially pivot tables, as well as any other accounting software mentioned in the job description, like Agresso or BWO. If you have experience with these tools, be prepared to discuss specific instances where they helped you achieve results.
✨Understand the Bigger Picture
Lampton Group operates within a public service ethos, so it's important to understand how your role contributes to the community. Research the organisation's values and think about how your skills can enhance their mission. This will show your genuine interest in the position and the company.