At a Glance
- Tasks: Manage financial health, oversee project costs, and generate insightful reports.
- Company: Join a small manufacturing firm creating bespoke machinery for bulk material handling.
- Benefits: Enjoy a competitive salary, flexible hours, hybrid working, and standard holiday and pension.
- Why this job: Be part of a dynamic team focused on quality, efficiency, and strategic growth.
- Qualifications: CIMA certification and experience in financial management, preferably in manufacturing.
- Other info: Flexibility for full or part-time roles, with a focus on collaboration and innovation.
The Management Accountant will play a pivotal role in ensuring the financial health and operational efficiency of the business. Reporting directly to the Managing Director (MD), this role is responsible for the meticulous financial management of individual projects, strategic decision-making, and the generation of insightful financial reports to support the company's goals.
The ideal Management Accountant will have:
- CIMA certification is essential
- Proven experience in financial management, ideally within a manufacturing or project-based environment
- Extensive experience with production control systems, including the ability to configure them to meet financial reporting requirements and a strong understanding of the key concepts and differences in how costs are captured in production control systems versus accounting packages
- Strong understanding of cash flow management, job costing, and profitability analysis
- Advanced proficiency in financial software and tools (e.g., Sage, ERP systems, Excel)
- Exceptional analytical and problem-solving skills
- High level of integrity and accountability
- Ability to communicate complex financial information clearly and concisely to non-financial stakeholders
The Management Accountant will be responsible for:
- Business Critical Areas of Understanding
- Job costing: Material and labour, stock levels, WIP, finished goods, and inventory control
- Activity costing, machine utilisation, and depreciation
- New investment decisions and company structures to maximise return whilst minimising risk
- Labour rates, cost structures, and recovery rates
- Oversee the financial performance of each custom manufacturing job, including material purchasing, labour costs, and supplier payments.
- Maintain tight control over cash flow to ensure profitability and operational stability
- Develop and monitor budgets for individual projects and the overall business
- Work with external accountant to generate timely audit accounts
- Generate detailed monthly and annual financial reports, including profitability analysis, variance reports, and forecasts
- Provide actionable insights to the MD to inform strategic decisions
- Collaborate with cross-functional teams to streamline workflows, improve cost efficiency, and support timely delivery of projects
- Evaluate operational processes and recommend improvements to enhance productivity and reduce waste
- Support the MD in financial and operational decision-making
- Contribute to the development and implementation of business strategies to achieve long-term growth and success
This role will suit a CIMA qualified Management Accountant from an engineering/manufacturing background who is detail-oriented, pro-active and results-driven with the ability to build relationships across teams.
What you will receive in return:
- Great starting salary
- Flexibility on part/full time hours from 30 – 37.5 hours per week
- Flexible on start and finish times around core hours
- Hybrid working
- Plus the standard holiday and pension
Our client is a small manufacturing company specialising in the production of bespoke industrial machinery for bulk material handling. Every machine is custom-made, requiring precise coordination across purchasing, production, and financial functions. Our team is committed to delivering exceptional quality while ensuring profitability and maintaining efficient operations.
Locations
Management Accountant employer: Nomad HR & Recruitment
Contact Detail:
Nomad HR & Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Management Accountant
✨Tip Number 1
Familiarise yourself with the specific financial software and tools mentioned in the job description, such as Sage and ERP systems. Being able to demonstrate your proficiency in these tools during interviews can set you apart from other candidates.
✨Tip Number 2
Prepare to discuss your experience with job costing and cash flow management in detail. Think of specific examples from your past roles where you successfully managed these aspects, as this will show your practical understanding of the responsibilities outlined in the job.
✨Tip Number 3
Research the company’s operations and their bespoke industrial machinery products. Understanding their business model and how financial management plays a role in their success will help you tailor your responses and show genuine interest during the interview.
✨Tip Number 4
Be ready to showcase your analytical and problem-solving skills. Prepare to discuss scenarios where you've used these skills to improve financial processes or outcomes, as this aligns closely with the role's requirements for operational oversight and strategic decision-making.
We think you need these skills to ace Management Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your CIMA certification and relevant experience in financial management, particularly in manufacturing or project-based environments. Use specific examples to demonstrate your skills in job costing, cash flow management, and financial reporting.
Craft a Compelling Cover Letter: Write a cover letter that clearly outlines your motivation for applying for the Management Accountant position. Emphasise your analytical skills and ability to communicate complex financial information to non-financial stakeholders, as these are key aspects of the role.
Showcase Relevant Software Skills: Highlight your proficiency in financial software and tools such as Sage, ERP systems, and Excel. Provide examples of how you've used these tools to improve financial reporting or operational efficiency in previous roles.
Prepare for Potential Questions: Anticipate questions related to your experience with production control systems and your approach to financial decision-making. Be ready to discuss how you can contribute to the company's goals and improve profitability through strategic financial management.
How to prepare for a job interview at Nomad HR & Recruitment
✨Showcase Your CIMA Certification
Make sure to highlight your CIMA certification during the interview. This is essential for the role, so be prepared to discuss how your training has equipped you with the skills necessary for financial management in a manufacturing environment.
✨Demonstrate Financial Software Proficiency
Be ready to talk about your experience with financial software and tools like Sage, ERP systems, and Excel. Provide specific examples of how you've used these tools to manage budgets, generate reports, or improve financial processes.
✨Prepare for Technical Questions
Expect questions related to job costing, cash flow management, and profitability analysis. Brush up on these topics and be prepared to explain complex concepts in simple terms, as you'll need to communicate effectively with non-financial stakeholders.
✨Emphasise Your Analytical Skills
Highlight your exceptional analytical and problem-solving skills. Share examples of how you've used these skills to make strategic decisions or improve operational efficiency in previous roles, especially in a project-based or manufacturing context.