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Management Accountant

Job details
Posting date: 15 April 2024
Salary: £30,000.00 to £40,000.00 per year
Hours: Full time
Closing date: 15 May 2024
Location: Wolverhampton, West Midlands
Remote working: On-site only
Company: The Selection Partnership Ltd.
Job type: Permanent
Job reference: PRSTMA

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Summary

My client is an established and very successful production and distribution company. Committed to excellence, innovation, and sustainability, we aim to deliver superior products while maintaining the highest standards of quality and customer satisfaction.

They are seeking a dedicated and experienced Management Accountant to join their finance team. You will play a pivotal role in financial planning, analysis, and reporting, providing critical insights to support strategic decision-making within the organisation.

Responsibilities:

1. Financial Reporting and Analysis: -
•Prepare accurate and timely financial reports, including monthly management accounts, budget variance analysis, and forecasts.
•Conduct comprehensive financial analysis to provide insights into business performance, cost efficiencies, and opportunities for improvement.

2. Budgeting and Forecasting: -
•Assist in the development of annual budgets and long-term financial plans in coordination with department heads and senior management.
•Monitor actual financial performance against budgets and forecasts, identifying and addressing variances.

3. Cost Control and Management: -
•Analyse costs across different departments and products, identifying areas for cost reduction and efficiency improvements.
•Collaborate with operational teams to develop cost-saving strategies while maintaining product quality and business objectives.

4. Financial Compliance and Procedures:
•Ensure compliance with accounting standards, regulatory requirements, and company policies.
•Implement and maintain robust internal controls to safeguard company assets and mitigate financial risks.

5. Financial Decision Support:
•Provide financial insights and recommendations to support strategic business decisions.
•Collaborate with cross-functional teams to evaluate investment proposals, pricing strategies, and new business initiatives.

6. Ad Hoc Financial Projects:
•Participate in special projects as assigned, which may include process improvements, system implementations, or other strategic initiatives.

Requirements:

Relevant qualification in Accounting, Finance, or related field. Professional accounting qualification (e.g., ACCA, CIMA) preferred.
Proven experience (2 years) in management accounting or financial analysis.
Strong analytical skills and proficiency in financial modelling, budgeting, and forecasting.
Advanced Excel skills: experience with ERP systems is advantageous.
Excellent communication skills and the ability to present complex financial information in a clear and concise manner.
Detail-oriented with a proactive approach to problem-solving and decision-making.

Benefits:
Pension plan
Opportunities for career growth and development
Collaborative and supportive work environment

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