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- Tasks: Join us as a Management Accountant, handling financial reporting and analysis.
- Company: Be part of a £170m growing company known for quality and service excellence.
- Benefits: Enjoy a competitive salary, bonuses, and opportunities for professional growth.
- Why this job: This role offers hands-on experience in finance with a supportive team culture.
- Qualifications: Ideal for part to newly qualified ACCA/CIMA accountants eager to grow.
- Other info: Engage in exciting projects like system implementation and process improvements.
The predicted salary is between 45000 - 50000 £ per year.
Our client is a growing group c£170m who consistently maintain a reputation for quality and service excellence. The Management Accountant role will suit a progressive part to newly qualified ACCA/ CIMA Accountant. Reporting to the Senior Group Management Accountant, the role will assist in providing timely, accurate and insightful management accounts, work with Finance Business Partners, the wider Group Finance team and both operational and support function stakeholders to analyse month end results and produce accurate forecasts.
Responsibilities:
- Ensure accurate reporting of financial transactions, identifying and resolving any matters arising.
- Review overheads costs to ensure that coding is correct, and all variances are explained.
- Produce and process period end journals.
- Carry out continuous reviews of processes to ensure efficient and cost-effective operations.
- Communicate and interpret financial data for non-financial managers.
- Prepare and review balance sheet reconciliations.
- Provide accurate and insightful variance analysis to assist in delivering comprehensive reporting for internal and external stakeholders.
- Assist in driving improvements in management reporting, ensuring it meets the needs of all users and is regularly reviewed for its relevance.
- Participation in the regular forecasting and annual budget process (including cash & capex) ensuring that the business is aware of and adheres to the agreed timetable and has clear instruction on the budget assumptions and methodology.
- Support the Senior Group Management Accountant and the Finance Business Partners to produce variance analysis of forecast and budget variances for management reporting packs.
- Assist with short term cash forecasting process.
- Provide ad hoc reports to the business as requested.
- Participate in the annual external audit process, providing information and support during the audit engagement.
- Ad hoc projects such as system implementation and month end process improvement (to reduce the number of reporting days).
- Work with the wider Finance team to improve processes and internal controls.
A salary of £45,000-£50,000 is on offer plus bonus and benefits.
Management Accountant employer: Orka Financial
Contact Detail:
Orka Financial Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Management Accountant
✨Tip Number 1
Network with professionals in the finance industry, especially those who are already working as Management Accountants. Attend relevant events or webinars to connect with potential colleagues and learn more about the role.
✨Tip Number 2
Familiarise yourself with the latest financial software and tools commonly used in management accounting. Being proficient in these can set you apart from other candidates and show your commitment to staying current in the field.
✨Tip Number 3
Prepare to discuss specific examples of how you've contributed to financial reporting or process improvements in previous roles. This will demonstrate your practical experience and ability to add value to our team.
✨Tip Number 4
Research our company’s values and recent developments. Tailoring your conversation to align with our mission and showing genuine interest in our growth can make a strong impression during interviews.
We think you need these skills to ace Management Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Management Accountant role. Focus on your qualifications, such as ACCA or CIMA, and any specific achievements in financial reporting or analysis.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention how your background in management accounting can contribute to their goals, particularly in areas like variance analysis and process improvement.
Highlight Relevant Experience: In your application, emphasise any previous roles where you have worked closely with finance teams or stakeholders. Discuss your experience in producing management accounts, preparing balance sheet reconciliations, and participating in budgeting processes.
Showcase Communication Skills: Since the role involves communicating financial data to non-financial managers, include examples of how you've successfully conveyed complex information in an understandable way. This will demonstrate your ability to bridge the gap between finance and operations.
How to prepare for a job interview at Orka Financial
✨Know Your Numbers
As a Management Accountant, you'll be expected to have a strong grasp of financial data. Brush up on key financial metrics and be prepared to discuss how you've used them in previous roles. This will show your potential employer that you can provide insightful analysis.
✨Understand the Business
Research the company thoroughly before your interview. Understand their business model, recent developments, and industry challenges. This knowledge will help you tailor your answers and demonstrate your genuine interest in the role.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills and ability to handle financial discrepancies. Prepare examples from your past experience where you've successfully resolved issues or improved processes, as this will highlight your proactive approach.
✨Communicate Clearly
Since part of the role involves communicating financial data to non-financial managers, practice explaining complex financial concepts in simple terms. This skill is crucial and will set you apart during the interview.
