At a Glance
- Tasks: Manage group accounts and present financial statements for all entities.
- Company: Join a dynamic finance team focused on accuracy and compliance.
- Benefits: Enjoy a competitive salary, pension contributions, relocation support, and flexible working options.
- Why this job: Gain valuable experience in financial management while contributing to impactful reporting.
- Qualifications: Relevant accounting qualifications and experience in financial reporting are essential.
- Other info: Contact Edward Stabler for any inquiries about the role.
The predicted salary is between 32000 - 48000 £ per year.
Management Accountant, You will be responsible for the consolidation of the group accounts as well as presentation of the financial statements for all entities within the group, this will include reporting that is required to external regulating bodies.
-
Management and maintenance of the financial ledgers, accounts and cost centres to support both management and financial accounting.
-
Prepare and process journals. Accrue and prepay income and expenditure in accordance with income recognition policies as well as in accordance with financial reporting standards. This will include tuition fee income, reporting and analysis from SITS and liaison with the FBPs will be required
-
Prepare monthly management accounts, with analysis and commentary of variances to forecast/budget.
-
Present month end numbers with commentary and analysis to the Finance Management team in accordance with the month end timetable
-
Ensure month end procedures are properly executed and completed in line with agreed timetables
Package & Benefits: £38,205 to £44,263, up to 21% pension, up to £10,000 relocation support, flexible & hybrid working
For enquiries: Please contact Edward Stabler at [email protected].
Management Accountant employer: University of Hull
Contact Detail:
University of Hull Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Management Accountant
✨Tip Number 1
Familiarize yourself with the financial reporting standards relevant to the role. Understanding these standards will not only help you in your day-to-day tasks but also demonstrate your commitment and expertise during the interview.
✨Tip Number 2
Brush up on your skills in preparing and presenting financial statements. Being able to clearly articulate your analysis and commentary on variances will set you apart from other candidates.
✨Tip Number 3
Network with professionals in the finance sector, especially those who have experience in management accounting. They can provide valuable insights and may even refer you to opportunities within their organizations.
✨Tip Number 4
Be prepared to discuss your experience with financial ledgers and cost centres. Highlight specific examples where you've successfully managed these areas, as this will show your practical knowledge and readiness for the role.
We think you need these skills to ace Management Accountant
Some tips for your application 🫡
Understand the Role: Make sure you fully understand the responsibilities of a Management Accountant. Familiarize yourself with terms like consolidation of group accounts, financial statements, and month-end procedures to tailor your application effectively.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience with financial ledgers, journal preparation, and reporting. Use specific examples that demonstrate your ability to manage accounts and prepare management accounts.
Showcase Analytical Skills: Since the role involves variance analysis and commentary, highlight any previous experience where you've analyzed financial data and presented findings. This will show your capability in providing insightful financial analysis.
Tailor Your Application: Customize your cover letter to reflect your understanding of the company's needs and how your skills align with the job description. Mention your familiarity with financial reporting standards and income recognition policies.
How to prepare for a job interview at University of Hull
✨Understand Financial Reporting Standards
Make sure you have a solid grasp of financial reporting standards and income recognition policies. Be prepared to discuss how you've applied these in your previous roles, as this will demonstrate your expertise in managing financial ledgers and accounts.
✨Prepare for Variance Analysis
Since you'll be preparing monthly management accounts with commentary on variances, practice explaining past variances you've encountered. Use specific examples to illustrate how you analyzed the differences between actuals and forecasts, and what actions you took as a result.
✨Showcase Your Presentation Skills
You'll need to present month-end numbers to the Finance Management team, so be ready to showcase your presentation skills. Consider preparing a mock presentation that highlights key financial metrics and your analysis, as this will help you stand out.
✨Familiarize Yourself with Group Accounts Consolidation
Since consolidation of group accounts is a key responsibility, brush up on your knowledge of this process. Be prepared to discuss any experience you have with consolidating financial statements and how you ensure accuracy and compliance with external regulations.