At a Glance
- Tasks: Manage financial operations, produce reports, and ensure compliance for regional offices.
- Company: Join Xeinadin, a forward-thinking accountancy firm focused on trusted business advice for SMEs.
- Benefits: Enjoy a competitive salary, 25 days annual leave, and flexible benefits like health insurance.
- Why this job: Be part of a dynamic team that values your growth and offers impactful career opportunities.
- Qualifications: Must be a qualified accountant with strong Excel skills and excellent communication abilities.
- Other info: Hybrid working model available, with additional leave options based on seniority.
The predicted salary is between 43200 - 72000 £ per year.
Vacancy Name
Senior Management Accountant – London
Vacancy No
VN1159
Employment Type
Permanent
Duration
N/A
Location City
Location Country
United Kingdom
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
We are seeking a detail-oriented and dynamic Senior Management Accountant to join our team. In this role, you will manage key financial operations, ensure the accuracy and integrity of financial data, and provide critical support to regional offices. You will contribute to the financial success of the organisation by producing insightful reports, maintaining compliance, and supporting the development of financial processes and controls
Key Responsibilities
Management Accounts:
• Undertake VAT returns for all assigned offices in accord with statutory deadlines.
• Provide and confirm monthly intercompany balances for confirmation with other intercompany partners.
• Timely production and maintenance of balance sheet reconciliations for month end.
• Prepare monthly journal entries including accruals and prepayments.
• Ownership of the fixed assets register.
• Review of P&L to ensure compliance with group finance policy including variance commentary.
• Review of balance sheets to ensure compliance with group finance policies, including regular review of key balance sheet reconciliations as set out by Group finance.
• Support, where possible, staff cover arrangements for the management accounts team.
• Ensure all statutory payments (Corporation Tax, PAYE & VAT) are made in a timely manner.
Statutory Audit:
• Preparation of audit information in line with auditor\’s deliverable list as required.
• To provide all ad-hoc analysis required by the external auditors.
• To support the Financial Controller in chasing and reviewing audit deliverables.
• Provide group finance with year end packs including tax packs and ECL.
Working Capital:
• Update of bank reconciliations on a daily basis.
• Reconciliation of debtors ledger between financial systems and practice management systems
• Implement and monitor robust credit control systems, such as the production of weekly debtor\’s report to identify slow paying clients. Seeking for senior managers and partners\’ help in chasing lagging payments.
• Preparation of weekly cash forecast to identify spare cash to be remitted to Group as cash pool arrangement.
• Preparation of weekly debtor receipts listing.
Mergers & Acquisitions:
• Onboarding new acquisitions to the hub and support full integration and ownership of financial management.
• Assist Group M&A team with completion accounts and IFRS conversion where required.
Other:
• Provide monthly receivables and payables ledger summaries for each office you act for.
• Complete bank reconciliations.
• Act as the finance contact for dealing with internal and external finance queries relating to the offices you oversee.
• Ad-hoc reviews of Overhead.
• Work with the Hub Finance Controller to design and implement appropriate controls and systems to ensure firms financial reporting is in line with Group requirements.
• Assistance with Hub quarterly forecasting and budgeting when required.
• Ad-hoc projects as required by the business.
Key Requirements
• Qualified Accountant (ACA, ACCA, CIMA)
• Knowledge of IFRS (desirable).
• Proficiency in Excel and accounting software such as Xero.
• Excellent communication skills to engage with internal and external stakeholders.
• Experience in credit control and financial forecasting processes.
Additional Requirements
• Ability to manage competing priorities in a fast-paced environment.
• Strong attention to detail with excellent communication and organisational skills.
• Ability to train, develop, and support the management accounts team.
• Capacity to contribute to continuous improvement initiatives within the finance function.
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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Senior Management Accountant - London employer: Xeinadin Group
Contact Detail:
Xeinadin Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Management Accountant - London
✨Tip Number 1
Familiarise yourself with the specific financial software mentioned in the job description, such as Xero. Having hands-on experience or certifications can set you apart from other candidates.
✨Tip Number 2
Brush up on your knowledge of IFRS and statutory audit processes. Being able to discuss these topics confidently during an interview will demonstrate your expertise and readiness for the role.
✨Tip Number 3
Network with professionals in the accounting field, especially those who work in management accounting. They might provide insights into the company culture at Xeinadin and tips on how to impress during the interview.
✨Tip Number 4
Prepare to discuss your experience with credit control and financial forecasting. Be ready to share specific examples of how you've successfully managed these areas in previous roles, as this is crucial for the position.
We think you need these skills to ace Senior Management Accountant - London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Senior Management Accountant role. Focus on your qualifications, such as ACA, ACCA, or CIMA, and any specific experience with IFRS or accounting software like Xero.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of Xeinadin's mission and values. Explain how your background in financial operations and management accounts can contribute to their success, and mention your ability to manage competing priorities in a fast-paced environment.
Highlight Key Achievements: In both your CV and cover letter, include specific examples of your past achievements in financial reporting, credit control, or audit preparation. Use metrics where possible to demonstrate your impact, such as improvements in efficiency or accuracy.
Proofread and Edit: Before submitting your application, carefully proofread your documents for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a Senior Management Accountant role.
How to prepare for a job interview at Xeinadin Group
✨Showcase Your Qualifications
As a qualified accountant, make sure to highlight your ACA, ACCA, or CIMA credentials during the interview. Discuss how your qualifications have prepared you for the responsibilities of a Senior Management Accountant, particularly in managing financial operations and compliance.
✨Demonstrate Financial Acumen
Be ready to discuss your experience with management accounts, VAT returns, and balance sheet reconciliations. Prepare examples of how you've contributed to financial success in previous roles, especially in producing insightful reports and maintaining compliance.
✨Communicate Effectively
Excellent communication skills are crucial for this role. Practice articulating complex financial concepts clearly and concisely, as you'll need to engage with both internal teams and external stakeholders. Consider preparing a few scenarios where your communication made a difference.
✨Prepare for Technical Questions
Expect questions related to IFRS and accounting software like Xero. Brush up on your technical knowledge and be prepared to discuss how you've used these tools in your previous roles. This will demonstrate your readiness to hit the ground running.