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Accounting Manager

2 months ago

Walsall, Walsall, United Kingdom Greenwell Gleeson Full time

Job Summary:

The Management Accountant will be responsible for all record keeping and transactional processing, including the preparation, accuracy, and interpretation of monthly management accounts. This will also include the integrity and compliance of all accounting records and the investigation of variances, trends, and reconciling items. In addition, this role will support the Credit Control and Cost Clerk functions.

Key Responsibilities:

  • Financial Reporting: 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.
  • Reconciliation and Analysis: Reconcile revenue and costs reported in the management accounts to the finance accounting records. Prepare and post month-end journals and approve intercompany transactions.
  • Cash Management: 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.
  • Credit Management: Evaluate customer creditworthiness and advise on credit terms as appropriate. Coordinate all bank payments, receipts, and reconciliation.
  • Business Partnership: 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.
  • Financial Analysis: Analyze financial data on sales, stock, plant utilization to identify and resolve issues. Provide financial data for Research and Development expenditure (RDEC) submission.