At a Glance
- Tasks: Support financial performance with accurate reporting and cost analysis.
- Company: Join BSW Timber Solutions, a leader in the timber industry.
- Benefits: Competitive salary, supportive team, and opportunities for professional growth.
- Other info: Dynamic work environment with a focus on innovation and improvement.
- Why this job: Make a real impact on business performance while developing your finance skills.
- Qualifications: CIMA part-qualified or equivalent experience in finance.
The predicted salary is between 40000 - 50000 £ per year.
We are looking for a proactive and analytical Management Accountant to support the financial performance of our Merchant business stream within BSW Timber Solutions Ltd. This role is responsible for delivering accurate financial reporting, overseeing product and machine costings, supporting month-end processes, and ensuring key finance reports are produced on time. Working closely with operational teams, you will play an important part in driving financial accuracy, improving systems, and supporting business performance.
Duties and Responsibilities
- Prepare monthly Business Unit financial reports, providing meaningful analysis and commentary on performance variances.
- Lead overhead and cost analysis, including headcount reconciliation and overtime reporting.
- Maintain weekly profit forecasts and produce key operational reports such as sales, stock, and daily performance reporting.
- Support month-end close activities, including accruals, prepayments, reconciliations, and variance analysis.
- Manage stock costing processes, ensuring standard costs, machine costing, and overhead recoveries are accurate.
- Oversee customer rebate accounting, ensuring liabilities and accruals are recorded correctly.
- Monitor working capital, maintaining stock integrity, and supporting inventory controls.
- Identify opportunities to improve finance processes and maximise the use of SAP.
- Assist with budgeting, forecasting, statutory reporting, and additional financial analysis as required.
Skills, Knowledge & Experience
- CIMA part-qualified (or equivalent).
Management Accountant employer: Scott Timber Ltd
Contact Detail:
Scott Timber Ltd 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 work in management accounting. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your financial reporting skills and understanding of cost analysis. We recommend practising common interview questions related to month-end processes and variance analysis to show you're ready to hit the ground running.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Check out our website for roles that suit your skills and interests, and tailor your approach to each one!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can keep you top of mind and show your enthusiasm for the role. Plus, it’s a great chance to reiterate why you’re the perfect fit for their team.
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 experience mentioned in the job description. Highlight your analytical abilities and any relevant financial reporting experience to show us you're the right fit for the Management Accountant role.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you’re passionate about this role and how your background aligns with our needs. Be specific about your experience with cost analysis and month-end processes, as these are key to the position.
Showcase Your Achievements: When detailing your previous roles, focus on achievements rather than just responsibilities. Use numbers and examples to illustrate how you've improved financial processes or contributed to business performance in the past.
Apply Through Our Website: We encourage you to apply directly through our website. This way, we can ensure your application is reviewed promptly and you’ll be one step closer to joining our team at BSW Timber Solutions!
How to prepare for a job interview at Scott Timber Ltd
✨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 them in past roles. This shows you understand the importance of accurate reporting and analysis.
✨Showcase Your Analytical Skills
Prepare examples of how you've conducted cost analysis or improved financial processes in previous positions. Be specific about the tools you used, like SAP, and the impact your work had on the business. This will highlight your proactive approach.
✨Understand the Business
Research BSW Timber Solutions and their Merchant business stream. Familiarise yourself with their products and market position. This knowledge will help you tailor your answers and show that you're genuinely interested in contributing to their success.
✨Ask Insightful Questions
Prepare thoughtful questions about the role and the company’s financial strategies. This not only demonstrates your interest but also gives you a chance to assess if the company aligns with your career goals. Think about asking how they measure success in the finance team.