Management Accountant

Our client is a is a consulting firm specializing in cost optimization, procurement management and technical assistance. They currently have an exciting opportunity for a Management Accountant located in Walsall, this role requires full time onsite.  

The Management Accountant will be responsible for all record keeping and transactional processing including the preparation, accuracy and interpretation of monthly management accounts. This to also include the integrity and compliance of all accounting records and the investigation of variances, trends and reconciling items. This will require liaison with the Financial and Commercial Services Manager, to whom the role reports, the Director responsible for our client and the heads of each business segment. In addition this role will support the Credit Control and Cost Clerk functions.  

Key Responsibilities:  

Finance:  

• Prepare management accounts using the appropriate methods and present in the correct format.  

• Highlight variances and trends to business leaders and work with them to identify the root cause and further analysis to decision making.  

• Reconcile revenue and costs reported in the management accounts to the finance accounting records.  

• Prepare and post month end journals and approve intercompany transactions.  

• Assist with the management of Accounts Payable and Receivable functions, ensuring aged invoices are resolved efficiently and preventative actions are taken.  

• Working with the sales teams and credit control manage cash collection.  

• Evaluate customer creditworthiness and advise on credit terms as appropriate.  

• Coordinate all bank payments, receipts and reconciliation.  

• Schedule reviews with department managers to review monthly figures.  

• Discuss and resolve queries highlighted, unusual cost trends and 3 monthly forecast.  

• Prepare capital expenditure business cases in conjunction with proposers sponsors.  

• Analyse financial data on sales, stock, plant utilisation to identify and resolve issues.  

• Provide financial data for Research and Development expenditure (RDEC) submission.  

Customer Support:  

• Produce weekly charge reports to the regional business units.  

• Follow up on all queries raised, and journal charges into the system on agreed dates.  

• Assist their regional businesses, resolving queries and taking necessary corrective actions.  

• Resolve financial issues for more complex customer transactions or issues.  

System, Process & Quality:  

• Support financial year end audit process and resolve audit queries efficiently.  

• Challenge processes to create efficiencies and drive continuous improvement with the Management Team.  

• Provide support and cover for Credit Control and Cost Clerk functions to ensure tasks are completed within agreed deadlines.  

Key measures & targets:  

• Accuracy of monthly finance reports  

• Successful reconciliations  

• Cash collection and up to date invoice processing  

Key relationships:  

• Financial and Commercial Services Manager (line manager)  

• Director responsible for the business  

• Management team  

• Central finance team

Essential:  

• ACA/ACCA/CIMA Qualified, Part Qualified or Qualified by Experience  

• High level understanding of Microsoft Office, with the ability to produce and manipulate reports using formula and pivot tables  

• Strong verbal and written communication skills  

• Ability to produce accurate, relevant information in a timely manner  

• Adopt and improve current business working methods  

• Proactive in problem solving  

• Challenging and inquisitive nature  

Desirable:  

• Experience in either construction, plant hire or sales and distribution