At a Glance
- Tasks: Support the Finance team with management reports and financial analysis.
- Company: Join a dynamic finance team focused on accountability and visibility.
- Benefits: Gain valuable experience in management accounting with potential career growth.
- Why this job: Perfect for those eager to learn and make an impact in finance.
- Qualifications: Experience in double entry bookkeeping and strong IT skills required.
- Other info: This is a 24-month fixed term contract role.
We are looking for an experienced Assistant Management Accountant. In this 24-month fixed term contract role, you will support a directorate focussed Finance Business Partner team to provide accurate and timely management information, budget monitoring, analysis and advice to budget holders and key stakeholders, to ensure financial accountability and visibility.
As an Assistant Management Accountant, you are responsible for accurate and timely recording of financial transactions, supporting the production of management accounts, and undertaking initial analysis as part of the monthly reporting processes.
You will be responsible for ensuring the integrity and reliability of financial information and enabling timely and informed financial decision-making by budget holders and other stakeholders.
Your key responsibilities will include:
- Provide support for the Finance Business Partnering team in the production of monthly management reports
- Producing monthly management accounts / budget holder reports for designated departments
- Performing variance analysis between budgets, forecasts and actuals and drafting commentary
- Production of regular monthly journals, including intercompany recharges, accruals, and prepayments
- Uploading journals into the finance system for approval in compliance with the journals policy and month end deadlines
- Resolving issues and queries from departments and other stakeholders, liaising with other members of the Finance Operations team as appropriate
The successful candidate will be an assistant accountant, who is keen and committed to studying and keen to progress your career within the field of management accounting. You must have experience and a good understanding of double entry bookkeeping including accounting processes such as accruals and prepayments and fixed assets.
It is imperative that you have strong IT skills are essential including advanced Excel including vlook-ups, pivot tables and data manipulation skills. You must possess first-class oral and written communication skills and being adept with communicating to senior management to explain key financial issues to non-finance staff.
Assistant Management Accountant employer: The Search Core Ltd
Contact Detail:
The Search Core Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Management Accountant
✨Tip Number 1
Familiarize yourself with the specific financial software and systems used in management accounting. If you know which tools are commonly used, such as SAP or Oracle, consider taking a short course or tutorial to boost your confidence and skills.
✨Tip Number 2
Brush up on your Excel skills, especially advanced functions like VLOOKUPs and pivot tables. You might even want to create a few practice spreadsheets to demonstrate your proficiency during the interview.
✨Tip Number 3
Prepare to discuss your experience with variance analysis and how you've contributed to financial decision-making in previous roles. Think of specific examples that highlight your analytical skills and ability to communicate complex financial information.
✨Tip Number 4
Network with professionals in the finance sector, especially those who work in management accounting. Attend industry events or join online forums to gain insights and potentially get referrals that could help you land the job.
We think you need these skills to ace Assistant Management Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in management accounting, particularly your skills in double entry bookkeeping, accruals, and prepayments. Use specific examples to demonstrate your expertise.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention your commitment to studying and progressing in management accounting, and how your skills align with the responsibilities outlined in the job description.
Highlight IT Skills: Emphasize your advanced Excel skills, including vlook-ups and pivot tables. Provide examples of how you've used these skills in previous roles to support financial reporting and analysis.
Showcase Communication Skills: Demonstrate your ability to communicate complex financial information clearly. Include examples of how you've effectively communicated with senior management or non-finance staff in past positions.
How to prepare for a job interview at The Search Core Ltd
✨Showcase Your Accounting Knowledge
Be prepared to discuss your understanding of double entry bookkeeping, accruals, and prepayments. Highlight any relevant experience you have in these areas, as well as how you've applied this knowledge in previous roles.
✨Demonstrate Your Excel Skills
Since strong IT skills are essential for this role, be ready to provide examples of how you've used advanced Excel functions like vlook-ups and pivot tables in your past work. If possible, mention specific projects where these skills made a significant impact.
✨Communicate Effectively
Practice explaining complex financial concepts in simple terms. Since you'll need to communicate with non-finance staff and senior management, being able to convey key financial issues clearly will be crucial.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities, such as how you would handle discrepancies in financial reports or how you would prioritize tasks during month-end closing. Think of examples from your past experiences that demonstrate your analytical skills and decision-making process.