At a Glance
- Tasks: Join our finance team as a Management Accountant, ensuring accurate financial reporting and insights.
- Company: Xeinadin is a forward-thinking accountancy firm focused on providing trusted advice to SMEs.
- Benefits: Enjoy 25 days annual leave, a pension scheme, and corporate discounts, plus flexible benefits.
- Why this job: This role offers dynamic collaboration with senior stakeholders and opportunities for process improvements.
- Qualifications: You need a professional accounting qualification and experience in management accounts and financial reporting.
- Other info: Hybrid working model available, with additional leave options based on seniority.
The predicted salary is between 36000 - 60000 £ per year.
Company Description Xeinadin was established in 2019 when a number of leading business advisory and accountancy practices across the UK and Ireland came together to re-imagine the future of accountancy. Our collective mission to provide locally forged, trusted business advice to SMEs through forward-thinking, close-knit relationships remains pivotal to our growth. It\’s our people who drive our business forward, and we offer them future-focused career opportunities whilst supporting individual specialisms. Our regional offices of over 2500 colleagues operate collaboratively, combining collective expertise to maximise potential.
Description
Description We are seeking a proactive and detail-oriented Management Accountant to join our Midlands Hub finance team. Reporting directly to the Financial Controller, you will play a key role in ensuring accurate and timely financial reporting, delivering valuable business insights, and supporting internal control and process improvements. This is a dynamic opportunity to work closely with senior stakeholders and contribute to the financial integrity and performance of the hub.
Key Responsibilities
Key Responsibilities • Prepare monthly management accounts for review, ensuring accuracy and timeliness.
• Produce journal entries including accruals and prepayments, in line with group finance policies.
• Perform monthly P&L reviews, providing variance analysis and commentary.
• Review and reconcile balance sheet accounts regularly.
• Undertake VAT returns and manage monthly intercompany balances to ensure compliance.
• Prepare and support the external audit process, responding to queries and delivering analysis as needed.
• Manage and reconcile daily bank transactions in the finance system.
• Produce weekly cash flow forecasts for review and submission to Group Finance.
• Maintain the fixed asset register and support accurate depreciation reporting.
• Assist with quarterly forecasting, budgeting, and Expected Credit Loss (ECL) calculations.
• Support process improvements by partnering with the Financial Controller to implement controls and systems aligned to group requirements.
• Collaborate with administrative and support teams to meet deadlines and optimise workflows.
• Oversee the work of the Accounts Assistant, providing guidance and review as required.
Key Requirements
Key Requirements • Professional accounting qualification (ACA, ACCA, CIMA or equivalent).
• Proven experience in producing management accounts, journal preparation, and financial reporting.
• Strong understanding of VAT, cash flow forecasting, and balance sheet reconciliations.
• Proficiency in Excel and accounting systems.
Additional Requirements
Additional Requirements • Excellent communication and interpersonal skills to collaborate across teams.
• Analytical mindset with strong attention to detail.
• Ability to manage multiple priorities and work to tight deadlines.
• Knowledge of IFRS is desirable.
Model
Model Hybrid
Salary Competitive
Benefits
• Company Pension Scheme
• 25 days of annual leave + bank holidays
• Additional annual leave days from certain levels of seniority
• Ability to buy up to 5 days of annual leave to reach a maximum of 30 days per annum
• Business closure over Christmas*
• Life Assurance x4 annual salary
• Enhanced family leave policies
• Enhanced Company Sick Pay
• Employee Assistance Programme – 24/7 support, free and confidential
• Corporate Discounts Platform
Flexible Benefits platform with ability to opt-in to various insurances (level of seniority dependent & self-funded at corporate rates) such as:
• PMI single or family
• Critical Illness Cover
• Cash plan
• Cycle to work
• Eye care
• Dental
*subject to exceptions and business needs
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Management Accountant employer: Xeinadin Group
Contact Detail:
Xeinadin Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Management Accountant
✨Tip Number 1
Familiarise yourself with the specific financial reporting standards and practices that Xeinadin adheres to, particularly IFRS. This knowledge will not only help you in interviews but also demonstrate your commitment to understanding their operational framework.
✨Tip Number 2
Network with current or former employees of Xeinadin on platforms like LinkedIn. Engaging in conversations about their experiences can provide valuable insights into the company culture and expectations, which you can leverage during your application process.
✨Tip Number 3
Prepare to discuss your experience with cash flow forecasting and VAT returns in detail. Given these are key responsibilities for the Management Accountant role, showcasing your expertise in these areas will set you apart from other candidates.
✨Tip Number 4
Highlight any experience you have in process improvements or working closely with senior stakeholders. This aligns with the role's focus on supporting internal controls and optimising workflows, making you a more attractive candidate.
We think you need these skills to ace Management Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in management accounting, financial reporting, and any specific qualifications like ACA, ACCA, or CIMA. Use keywords from the job description to demonstrate your fit for the role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your analytical mindset and attention to detail. Mention specific examples of how you've contributed to financial integrity and process improvements in previous roles.
Highlight Technical Skills: Emphasise your proficiency in Excel and any accounting systems you have used. If you have experience with VAT returns or cash flow forecasting, make sure to include that as well.
Showcase Soft Skills: In your application, highlight your excellent communication and interpersonal skills. Provide examples of how you've collaborated with teams or managed multiple priorities to meet tight deadlines.
How to prepare for a job interview at Xeinadin Group
✨Know Your Numbers
As a Management Accountant, you'll be expected to have a strong grasp of financial data. Brush up on key financial metrics and be prepared to discuss how you've used them in previous roles. This will show your analytical skills and attention to detail.
✨Demonstrate Your Communication Skills
You'll need to collaborate with various teams and senior stakeholders. Be ready to share examples of how you've effectively communicated complex financial information to non-financial colleagues. This will highlight your interpersonal skills.
✨Prepare for Technical Questions
Expect questions related to VAT, cash flow forecasting, and balance sheet reconciliations. Review relevant accounting standards and be prepared to explain your thought process when tackling these topics during the interview.
✨Showcase Your Process Improvement Experience
The role involves supporting process improvements. Think of specific instances where you've identified inefficiencies and implemented solutions. Sharing these experiences will demonstrate your proactive approach and ability to drive change.