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Kings Langley, Hertfordshire, United Kingdom Think Accountancy and Finance Full timeThink Accountancy and Finance is seeking a highly motivated and detail-oriented Management Accountant to join their team. As an Assistant Management Accountant, you will play a key role in the preparation of monthly management accounts, including all journal postings.The company offers a hybrid working arrangement, with 3 days in the office and 2 days from...
Junior Management Accountant
1 month ago
Do you want to work to make Power for Good? We're the world's largest independent renewable energy company. We're guided by a simple yet powerful vision: to create a future where everyone has access to affordable, zero carbon energy.We know that achieving our goals would be impossible without our people. Because we're solving some of the world's toughest problems, we need the very best people to help us. They're our most important asset so that's why we continually invest in them. RES is a family with a diverse workforce, and we are dedicated to the personal professional growth of our people, no matter what stage of their career they're at. We can promise you rewarding work which makes an impact, the chance to learn from inspiring colleagues from across a growing, global network and opportunities to grow personally and professionally. Our competitive package offers rewards and benefits including pension schemes, flexible working, and top-down emphasis on better work-life balance. We also offer private healthcare, discounted green travel, 25 days holiday with options to buy/sell days, enhanced family leave and four volunteering days per year so you can make an impact somewhere else. This role could be based in either of the Kings Langley or Guildford offices.Job Purpose The UK & I Asset Management department is a growing team whose sole purpose is to deliver financial support services under Management Service Agreements (MSAs) across multiple clients owning renewable assets under management including onshore Wind Farms, Solar Farms and storage farms. The team is effectively an outsourced finance business partnership, which amongst many other services includes delivering on the following key tasks for each portfolio: monthly management accounts with comparisons and analysis to budget, cashflow forecasts, distribution calculations, annual budget preparation, bank loan compliance, financial statement preparation including audit process management and tax return oversight. It is essential that a strong control environment and professional scepticism is maintained throughout the team and processes and procedures are robust, well documented and are constantly monitored. The business continues to grow rapidly which therefore requires an individual that can quickly adapt to changes in priorities and ensure that an allocated portfolio of legal entities always receives the quality service that they have come to expect. Organisational ContextThe Asset Management department looks after wind farms, solar and storage plants in the UK and Ireland on behalf of the clients. The services include technical, financial, and commercial asset management. Within this department, the finance team is in charge of commercial, financial and statutory compliance to lenders and asset owners (internal and third party) and provides support to the wider Asset Management team. Key Accountabilities
Preparation of monthly management accounts including all journal postingsPreparation, manage and deliver cash flow forecasts by liaising with internal asset managers and clientsDebtor management for entitiesPreparation of periodic financial reporting and variance to budget analysis for internal and external clients on a timely and accurate basisPreparation and submission of periodic VAT returns for entitiesAssist in the preparation of annual budgets and quarterly forecastsAssist in preparation of statutory accounts and annual audit for SPV companies in IFRS, FRS 102 or UK GAAP, including consolidated sets of accountsAssist with on boarding of new projects into the asset management portfolioSupporting continuous improvements to accounting and reporting processes together with the wider Finance and ERP Development teamsSupporting regular queries from the operational businessExecuting additional tasks to meet changing business needs and departmental objectivesBusiness Partnering with respective asset managers for internal reporting and providing information requested in a timely mannerKnowledge you will needStrong accounting knowledgeUnderstanding of both management and statutory accounting Some knowledge of IFRS, FRS 102, FRS 101 and UK GAAP preferable not essentialSkills you will needProven experience in a producing detailed management accountsExcellent Excel skills and willingness to advance (such as SUMIF, SUMPRODUCT)Excellent technical accounting skillsAttention to detailQuick learner - grasp the needs of department very quickly with minim supervisionProactive, ‘can do’ attitude, with a focus on continuous improvement of reporting and analysisGood communication skills and the confidence and credibility to communicate to external parties and non-finance stakeholdersA team player but with the discipline to work autonomouslyAbility to prioritise and manage multiple tasks and deadlinesGood problem-solving skillsExperience you will haveExperience of monthly, quarterly and annual management accounting routines within a commercial organizationGood experience of using an ERP systemExperience in communicating with non-financial internal stakeholdersSome experience in preparation of statutory financial statements preferred but not essentialQualifications you holdPart Qualified accountant (ACA/ACCA/CIMA)Graduate, who is studying to be professional accountant but has experience of working in finance and has studied Accountancy in GraduationAt RES we celebrate difference as we know it makes our company a great place to work. Encouraging applicants with different backgrounds, ideas and points of view, we create teams who work together to solve complex problems and design practical solutions for our clients. Our multiple perspectives come from many sources including the diverse ethnicity, culture, gender, nationality, age, sex, sexual orientation, gender identity and expression, disability, marital status, parental status, education, social background and life experience of our people. #LI-TS1#HYBRID
