Management Accountant
Birmingham
Competitive Basic + Benefits

Management Accountant

Ref: 644| Posted: 8th Jul 2024

Management Accountant – West Midlands

Opportunity for a Management Accountant to join a leading supplier of safety and construction products and services, part of a large construction & civil engineering group.

Ideal opportunity for long term job security and career progression with this stable and growing business.

 

ROLE:

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 and the heads of each business segment.

In addition this role will support the Credit Control and Cost Clerk functions.

 

RESPONSIBILITIES:

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 the 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)

• Management team

• Central finance team

 

REQUIREMENTS:

To be considered for this Management Accountant role you must meet the following criteria:


- Previous employment as a Management Accountant, Finance Business Partner, Project Accountant, Site Accountant, Construction Accountant or equivalent.
- Relevant industry qualification (Degree / HND / HNC etc).

-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

-Ideally experience in either the following industries construction, civil engineering, house building, plant hire or sales and distribution.

 

REMUNERATION:

The successful Management Accountant will receive:

*Competitive Basic (Dependent on experience)
*Pension

*Life Assurance

*Private Medical

 

To be considered for this vacancy or to find out more information please apply now.

Services advertised by Talk Recruitment are that of an employment business and/or agency.

If you have not received a reply on your application within 5 working days, please assume your application has been unsuccessful on this occasion.