Management Accounting Assistant

3 weeks ago


Portsmouth, Portsmouth, United Kingdom Southern Co-op Full time

About Southern Co-op

At Southern Co-op, we prioritize our people, being wholly owned by over 200,000 members who are dedicated to serving local communities.

Position Overview

We are seeking an enthusiastic Assistant Management Accountant to play a crucial role in our financial operations. This position involves assisting in the preparation and execution of accounting processes for our End of Life Services sector.

Key Responsibilities

  • Conduct weekly reconciliations and compile sales data across all ELS areas, including the posting of cash statements and resolving any discrepancies.
  • Collaborate with the management team to address finance-related inquiries and facilitate a monthly review of financial performance, leading quarterly financial performance meetings.
  • Oversee the completion and distribution of funeral plan investments to our investment partners monthly, ensuring accurate information is provided for timely reconciliations.
  • Manage all aspects of funeral plan accounting, including deficits and excesses.
  • Lead the monthly Management Accounts Reporting for End of Life Funeral Operations, ensuring timely delivery and high-quality output, including variance analysis and stakeholder presentations.
  • Perform monthly balance sheet reconciliations and manage funeral debtors and Bad Debt Provision postings.
  • Handle credit control for funeral homes, providing necessary documentation for debt write-offs and liaising with external debt management entities.
  • Assist the Finance Manager in preparing budgets and quarterly forecasts for End of Life Services.
  • Support the Financial Processing Team Manager in resolving discrepancies in the Purchase Invoice Matching system.
  • Participate in the weekly cash management system closeout procedure and flash sales reporting.
  • Engage in other finance-related tasks as required, focusing on process enhancement and efficiency.

Essential Skills

  • Excellent communication skills with the ability to influence and challenge when necessary.
  • Prior experience in Management Accounting.
  • Strong analytical abilities with meticulous attention to detail.
  • Capability to manage workload effectively and meet deadlines.
  • Proficient in Excel and possess a high level of IT literacy.
  • AAT qualification is required; CIMA studies are desirable.

Benefits

  • Competitive salary of £31,971.
  • 31 days of annual leave, increasing to a maximum of 36 days after 10 years of service.
  • 20% discount in stores.
  • Healthcare cash plan.
  • Share incentive plan.
  • NEST pension scheme.
  • Cycle-to-work program.
  • Free onsite parking.
  • Opportunities for skill development through apprenticeships and in-house training programs.


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