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Trainee Management Accountant
3 months ago
The Trainee Management Accountant assists the Senior Management Accountant in preparing timely and accurate financial reports and disseminating them, and the information behind, throughout the organisation and wider RENOLIT Group.
Your tasks at RENOLIT
- Preparation of the monthly close
- Assisting with the month end routine to ensure monthly financial reporting is accurate, and complete with comments on areas of note. This will include assisting in areas such stock valuation, various reconciliations, accruals
- Reporting must be done to strict deadlines
- Assisting with the preparation of the monthly MMR and local Management Accounts
- Distribution of departmental reports detailing financial spend v budgets
- Completion of periodic monthly reports to Group
- Assisting with the creation of standard costs for items sold by RENOLIT Cramlington Ltd
- Standard costs to be up to date and accurate for all product produced on site
- Regular review of standard costs and purchase prices of products produced by sister companies and that profitability is in line with the RENOLIT Transfer Price Agreement
- Determination of new standards each year for production targets (speeds, yields) as well as labour and energy overhead rates
- Preparation of theoretical costs for new products
- Assessing financial viability of products
- Develop close links with departments (e.g. sales, marketing, production, NPDI) to help them achieve their KPI's
- Identifying opportunities for product construction improvements
- Production variance reporting, determining reasons behind variances
- Regular analysis of product variances versus standards
- Reporting explanations for significant variances throughout all levels of the business
- Assisting with budgets and forecasts
- Assisting when required with preparation of forecasts
- Assisting with all aspects of the annual budget process
- Must have a cando attitude and willing to get involved in all aspects of the business as and when required
- Able to demonstrate initiative and be naturally inquisitive
- Excellent interpersonal skills and an ability to communicate at all levels of the business, both financial and nonfinancial
- Able to plan/prioritise and deliver against tight deadlines
- Excellent attention to detail
- Able to demonstrate sound judgement based on knowledge and understanding
- A desire to develop a career in Finance including achievement of professional qualifications is a must.
- A starting salary of £25k pa.
- Full study support to achieve the professional CIMA qualification,
- 27 days holiday (46 fixed) plus bank holidays,
- Pension scheme (salary sacrifice with Aviva),
- Subsidised canteen,
- Employee assistance program,
- Bike 2 Work scheme,
- Discounted gym membership.
