At a Glance
- Tasks: Prepare stock reports and analyse financial data to support decision-making.
- Company: Join a global leader in plumbing innovation with a commitment to sustainability.
- Benefits: Enjoy competitive salary, flexible holidays, and professional development opportunities.
- Why this job: Make a real impact in a dynamic environment while growing your career.
- Qualifications: Qualified or part-qualified accountant with strong analytical skills.
- Other info: Diverse and inclusive workplace that values every employee's contribution.
The predicted salary is between 36000 - 60000 £ per year.
Overview
Reliance Worldwide Corporation (RWC) Plumbing Matters. We make it better. Our innovative products, built on a tradition of excellence, serve markets across plumbing, heating and construction to make our customers' lives easier, while sustainably delivering unrivalled returns. We are publicly listed on the Australian stock exchange (ASX) with global headquarters in Atlanta, Georgia, USA, regional headquarters in Brisbane, Australia and London, UK. Our global family of trusted brands are committed to making a positive, lasting impact - we are better for our planet and better for our people. We operate in 45 facilities across 20 countries. We're acquisitive and we're laser focused on growth.
Our Culture
We're big enough to make a difference and small enough for each one of us to make an impact. Whilst we operate on a global scale, we understand the importance of local markets by focusing on the needs of those markets. Our culture encourages our people to think differently, challenge the status quo and shape the world around us. Our values SPIRIT drive how we work together with a focus on Safety, Passion, Integrity, Reliability, and innovation, together as one global team. We have something special here - not just what we do, but who we are. We're not afraid to try new things; we punch above our weight; and we move with speed. Our strategy ensures we provide a safe environment for our people, and we actively promote diversity and inclusion. We are dedicated to sustainable practices and making a positive contribution to the community we serve. Everyone at RWC makes a valuable contribution to our business.
Position Responsibilities
- Reporting & Analysis
Prepare comprehensive stock reporting for all EMEA sites, ensuring accuracy and timeliness to support operational and financial decision-making. Monitor inventory valuation and stock adjustments, investigating cost discrepancies and ensuring corrective actions are implemented to maintain integrity of financial statements. Deliver detailed cycle count variance reporting (monthly by site and quarterly for group), including root cause analysis and recommendations to improve stock accuracy and reduce write-offs. Provide insightful analysis and commentary for Plant Controlling and FP&A, transforming raw data into actionable insights that influence budgeting, forecasting, and performance reviews.
- Monthly / Periodic Tasks
Lead the closing of the Inventory Ledger for EMEA, ensuring compliance with group timelines and accuracy of reported figures. Calculate and validate stock provisions and intercompany stock for URP, applying appropriate accounting standards and documenting assumptions for audit purposes. Post WIP, recovery, and variance entries; execute order settlement (CO88) in SAP, ensuring all production costs are correctly allocated and reconciled. Perform balance sheet reconciliations for inventory accounts, investigating discrepancies and ensuring all adjustments are supported by documentation. Account for inbound and outbound freight costs across EMEA, validating accruals and ensuring accurate allocation to cost centres. Review non-standard COGS postings, investigate abnormal transactions, and ensure accruals for unrecognised spend are recorded to maintain P&L accuracy. Monitor stock controls across EMEA, including PSA stock and adjustments, to safeguard assets and maintain compliance with internal control frameworks. Audit inventory processes and compile cycle count reports for all sites, identifying control weaknesses and recommending process improvements.
- Standard Costs Related
Lead the annual standard cost update process in SAP, coordinating with FLT and site controllers to ensure accurate material costing and compliance with corporate guidelines. Execute ad-hoc costing updates and prepare monthly CK40N drafts, providing clear commentary and variance explanations for Plant Controlling and FP&A. Audit material master data fields relevant to costing, ensuring completeness and accuracy to prevent downstream errors in production and financial reporting. Prepare variance analysis and data validation reports for the annual standard cost update, highlighting key drivers and recommending corrective actions. Respond to external audit queries (e.g., KPMG) promptly and accurately, collaborating with FP&A to provide supporting documentation and explanations.
Knowledge, Skills & Expertise
- An analytical, skilled problem solver with the ability to take a problem and, using relevant financial and operational data, prepare relevant analyses to support decision making.
- Resilient, able to work to tight deadlines and manage multiple stakeholders.
- A keen willingness to learn and develop new systems.
- Strong proficiency in Microsoft Excel (advanced level) and financial modelling.
- Experience with ERP systems such as SAP is desirable.
- Previous experience in a manufacturing organization is desirable.
- Strong analytical skills with the ability to work with large data sets, identify trends, and present actionable insights.
- High level of accuracy and attention to detail in all financial reporting and analysis.
- Excellent communication skills, both written and verbal, with the ability to convey complex financial information to non-financial stakeholders.
- Proactive in identifying issues and providing practical solutions.
- Ability to work effectively within a team, with a collaborative approach to problem-solving.
- Ability to understand complex accounting concepts.
Required / Preferred Qualifications / Education
A qualified accountant (CIMA/ACCA/ACA) or part-qualified with relevant experience.
What we offer you
- A competitive salary
- 25 days holiday
- Flexible holiday buy/sell scheme
- Recognition and reward scheme
- Internal and external learning and development
- On site Café (West Drayton site)
- Employee Assistance Programme
- Cycle to Work & Tech Scheme
- Enhanced Maternity & Partner leave
Reliance Worldwide Corporation Ltd is proud to be an equal opportunity employer. We celebrate diversity and are committed to creating an environment of belonging for all employees. All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law. If you need assistance or an accommodation during the application process because of a disability, it is available upon request. The company is pleased to provide such assistance, and no applicant will be penalized because of such a request. Your information will be kept confidential according to General Data Protection Regulation (GDPR).
Management Accountant employer: RWC Group
Contact Detail:
RWC 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 on LinkedIn or at industry events. We all know that sometimes it’s not just what you know, but who you know that can help you land that Management Accountant role.
✨Tip Number 2
Prepare for interviews by researching RWC and its culture. Understand their values like Safety, Passion, and Innovation. When you show that you align with their mission, it’ll make a lasting impression!
✨Tip Number 3
Practice your answers to common interview questions, especially those related to financial analysis and problem-solving. We want you to feel confident and ready to showcase your skills in managing inventory and reporting.
✨Tip Number 4
Don’t forget to follow up after your interview! A simple thank-you email can go a long way. 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
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Management Accountant role. Highlight your analytical skills, attention to detail, and any relevant experience with ERP systems like SAP.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're passionate about this role and how you embody our SPIRIT values. Share specific examples of how you've made an impact in previous roles, especially in financial reporting and analysis.
Showcase Your Problem-Solving Skills: In your application, emphasise your ability to tackle complex problems using financial data. We love candidates who can turn raw data into actionable insights, so don’t hold back on sharing your success stories!
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of getting noticed. It’s the easiest way for us to keep track of your application and ensure it reaches the right people!
How to prepare for a job interview at RWC 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 data to drive decisions in previous roles. Prepare examples of how you've tackled discrepancies or improved reporting accuracy.
✨Showcase Your Analytical Skills
RWC values analytical problem solvers. Be prepared to discuss specific instances where you've transformed raw data into actionable insights. Think about how you can present complex financial information in a way that's easy for non-financial stakeholders to understand.
✨Familiarise Yourself with SAP
Since experience with ERP systems like SAP is desirable, make sure you know the basics. If you have prior experience, be ready to share how you've used it in your previous roles, especially in relation to inventory management and financial reporting.
✨Emphasise Team Collaboration
RWC promotes a collaborative approach to problem-solving. Prepare to discuss how you've worked effectively within teams, particularly in high-pressure situations. Highlight any experiences where you’ve led projects or contributed to team success, showcasing your ability to communicate and work well with others.