At a Glance
- Tasks: Standardise manufacturing variance analysis and develop insightful reports.
- Company: Established employer with over 100 years in the market.
- Benefits: Attractive compensation, career growth, and a collaborative work environment.
- Other info: Empowered culture where team spirit drives success.
- Why this job: Join a team that values your ideas and fosters professional growth.
- Qualifications: Part qualified or qualified accountant with manufacturing experience.
The predicted salary is between 40000 - 50000 £ per year.
Responsibilities
- The role is responsible for the development, implementation, and maintenance of standardization of manufacturing variance analysis processes – including but not limited to standard cost development, annual calculation and implementation of manufacturing overhead rates, absorption monitoring and support, assisting production management with insights observed around works orders and works order variances.
- The role will also have responsibility for the development of standard reporting around all of the above.
- Weekly cadence updates around the aftermarket value stream for the business unit, including manufacturing variances.
- Monthly closing of the financial accounts as a part of the wider finance team’s collaborative efforts.
- Monthly work with the BU controller around the forecast for the aftermarket product line.
- Development and maintenance of the standard cost environment for the aftermarket value stream – including an annual cost roll.
- Continuous improvement initiatives, including automation, standardization, consolidation, and elimination of non‑value process within the function.
- Managing the Altair aftermarket revenue models and reporting results out to management.
- As a part of the wider team, manage the month‑end closing process to meet the corporation’s day 4 timeline, as well as the preparation of monthly account reconciliations.
Qualifications
- Working towards or Part qualified or qualified accountant (CIMA/ACCA/ACA or equivalent).
- 2-3 years in manufacturing accounting environment.
- Experience in standard cost environment.
- Experience of Sarbanes Oxley (SOX) control environment preferred.
- Previous track record of being able to present financial information to non‑financial team members.
- Software: Proficient in Microsoft Excel (needed).
- Adherence with company procedures and work practice.
Benefits
- Solid employer present on the market for over 100 years.
- Career growth and opportunities: we hire from within!
- Collaborative and empowered work environment where team spirit is at the center of our success.
- Company values that encourage trust, respect, collaboration and professional growth.
- Open environment: we are excited to hear your ideas!
- Attractive compensation packages designed to hire and retain the best talents in the industry.
Management Accountant employer: Parker Hannifin
As a leading employer with over 100 years in the market, we offer a collaborative and empowered work environment where team spirit drives our success. Our commitment to career growth means we prioritise internal hiring, fostering professional development and innovation. With attractive compensation packages and a culture that values trust, respect, and open communication, we are dedicated to creating a meaningful and rewarding workplace for our employees.
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 and accounting sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and understanding of manufacturing variance analysis. Be ready to discuss your experience with standard cost environments and how you can contribute to continuous improvement initiatives.
✨Tip Number 3
Showcase your soft skills! Employers love candidates who can present financial information clearly to non-financial team members. Practice explaining complex concepts in simple terms, as this will set you apart during interviews.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re all about hiring from within, so landing a role with us could lead to some fantastic career growth opportunities!
We think you need these skills to ace Management Accountant
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Management Accountant role. Highlight your experience in manufacturing accounting and any relevant qualifications like CIMA or ACCA. We want to see how you can contribute to our team!
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 aligns with our needs. Don’t forget to mention your experience with standard cost environments and financial reporting.
Showcase Your Software Skills:Since proficiency in Microsoft Excel is a must, make sure to mention any specific projects or tasks where you've used Excel effectively. We love seeing how you’ve leveraged technology to improve processes or reporting!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Parker Hannifin
✨Know Your Numbers
As a Management Accountant, you'll be dealing with financial data all the time. Brush up on your knowledge of standard cost development and variance analysis. Be ready to discuss how you've applied these concepts in previous roles or projects.
✨Showcase Your Software Skills
Proficiency in Microsoft Excel is a must for this role. Prepare to demonstrate your skills during the interview. You might be asked to solve a problem or analyse data on the spot, so practice using advanced functions and pivot tables beforehand.
✨Communicate Clearly
You'll need to present financial information to non-financial team members, so practice explaining complex concepts in simple terms. Think of examples where you've successfully communicated financial insights to different audiences.
✨Emphasise Continuous Improvement
The role involves continuous improvement initiatives, so come prepared with ideas on how to automate or standardise processes. Share any past experiences where you contributed to efficiency gains or process enhancements in your previous roles.
