Management Accountant

7 hours ago

Leicester, Leicester, United Kingdom Macildowie Recruitment and Retention Full time
Job Title: Management Accountant

We are seeking a highly skilled and driven Management Accountant to join our finance team at Macildowie Recruitment and Retention. In this role, you will take a lead in the financial management of stock and inventory, ensuring accurate accounting, analysis, and reporting.

Key Responsibilities:
  • Lead the preparation of management accounts, with a specific focus on stock accounting, including stock valuation, stock movement analysis, and variance reporting.
  • Perform detailed stock analysis, identifying trends, inefficiencies, and opportunities to improve stock utilisation and reduce waste.
  • Manage and improve processes related to inventory accounting, ensuring accurate reporting of stock in line with company policies and accounting standards.
  • Collaborate with operations and supply chain teams to ensure effective stock control and timely reconciliation of stock levels.
  • Provide comprehensive financial analysis on stock-related KPIs, including stock turn, obsolescence, and shrinkage.
  • Work closely with department heads on budgeting, forecasting, and financial planning, particularly relating to inventory and stock management.
  • Manage the month-end process, ensuring accurate financial reporting on stock balances, variances, and provisions.
  • Support the business in cost control measures by providing insights into stock-related cost drivers and opportunities for efficiency.
  • Lead and develop a finance team, promoting best practices in stock accounting and inventory control.
  • Ensure strong internal controls and compliance with regulatory standards in all stock-related financial processes.
Key Requirements:
  • Fully qualified ACA/ACCA/CIMA accountant.
  • Extensive experience in stock or Management accounting within a large or complex organisation.
  • It would be beneficial if you have an understanding of stock valuation methods, stock management processes, and financial reporting related to inventory.
  • Advanced Excel skills and experience with ERP systems, particularly in managing stock data.
  • Excellent analytical and problem-solving skills.
  • Proven experience in managing the month-end close for stock, including reconciliations and adjustments.
  • Strong communication skills, with the ability to present financial data to non-finance stakeholders.
  • Ability to work under pressure, managing multiple priorities and deadlines.

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