Senior Management Accountant
3 weeks ago
We are seeking a dedicated Management Accountant to join our team at Johnsons 1871 Ltd. This role involves collaboration across two specialized divisions: one that emphasizes structural and architectural considerations, and another that focuses on fitouts and construction projects. The position provides significant opportunities for professional development within the organization, including pathways for internal advancement and access to a mentoring program designed to support your career growth.
Key Responsibilities
Reporting directly to the Finance Controller, your primary duties will include overseeing the financial operations for designated brands.
Core Duties
Your responsibilities will encompass:
- Timely and accurate preparation of monthly accruals.
- Preparation of monthly deferred and accrued income.
- Reviewing monthly transactions and analyzing P&L performance.
- Assisting with brand analysis and forecasting.
- Completing balance sheet reconciliations.
- Recording Fixed Assets.
- Conducting comparative analysis on monthly management information reporting.
- Managing accruals and prepayments.
- Supervising the accounts assistant for Purchase and Sales Ledger.
- Enhancing the reporting pack for key stakeholders within the senior leadership team of the brand.
- Supporting both internal and external audit processes.
- Participating in finance-related projects and initiatives for continuous improvement.
- Managing new and existing supply chain accounts and terms.
- Reporting on departmental or project performance.
- Handling other ad hoc duties as required.
- Preparing and issuing monthly management accounts that reflect P&L performance and balance sheet movements.
- Monitoring and managing the Short-Term Cash Flow Forecast regularly, ensuring a clear action plan is in place to maintain a positive cash balance.
- Collaborating with the commercial team to ensure Project Cost Value Reports align with ledger positions and accurately capture direct costs on a project basis.
- Ensuring subcontractor costs are charged according to accrued positions and certified prior to payment.
- Understanding payment provisions in construction contracts.
- Developing transparent subcontract and procurement ledgers that reconcile with the company’s P&L and balance sheet, providing management with clear insights into supply chain liabilities.
- Working with the commercial team to ensure customers are credit checked, valuation dates are agreed upon, and invoicing is conducted promptly in alignment with cash flow forecasts.
- Liaising with HMRC regarding corporate tax arrangements.
- Enhancing business systems related to various business units.
Qualifications
- Qualified in CIMA or ACCA.
- Preferred experience in the construction or fit-out sectors, with knowledge of the Construction Industry Scheme (CIS).
- Experience in a fast-paced environment handling high volumes of work.
- Proven management and development experience.
- Strong IT skills, particularly with Xero and advanced Excel reporting, including pivot tables and complex formulas.
- Meticulous attention to detail.
- Strong work ethic and team collaboration skills.
- Excellent communication skills for conveying key information to stakeholders.
Employee Benefits
- Life Insurance
- Pension Scheme
- NHS Medical Healthcare Plan
- Employee Discount Program
- Competitive Salary and Bonus Structure
Qualifications Required
• CIMA/ACCA qualification required.
• Experience in construction/fit-outs and knowledge of CIS preferred.
• Ability to thrive in a fast-paced environment with high volumes.
• Management and development experience essential.
• Proficiency in IT, including Xero and advanced Excel reporting.
• Strong attention to detail necessary.
• Strong work ethic and teamwork capabilities.
• Excellent communication skills to relay critical information to stakeholders.
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