Accounting and Financial Planning Specialist

5 days ago


Lincoln, Lincolnshire, United Kingdom CV-Library Full time

We are seeking a highly skilled Management Accountant to join our team in Scunthorpe. As a key member of the finance team, you will be responsible for providing accurate financial reporting, analysing production and financial performance, and contributing to the growth and success of our organisation.

Key Tasks:
  • Prepare detailed financial reports, including profit and loss statements, to inform business decisions.
  • Analyse production and financial performance against budget and forecast, identifying areas for improvement.
  • Conduct thorough analysis of costs, including scrap, materials, labour, and production overheads.
  • Review gross profit and production trading results to ensure optimal performance.
  • Monitor work-in-progress (WIP) analysis on a monthly basis to prevent delays.
  • Assist with month-end closing procedures, preparing necessary journal entries.
  • Perform regular inventory analysis of materials and finished goods to maintain accuracy.
  • Review manufacturing output on a monthly basis to ensure efficiency.
  • Verify the accuracy of in-transit orders on a monthly basis.
  • Analyse cost accounting data to identify areas for cost reduction.
  • Provide input for standard cost updates, ensuring accurate pricing and overhead absorption rates.
  • Review overhead absorption rates to optimise costs.
  • Verify that accruals for production overhead costs have been properly recorded.
  • Verify that Gross Profit Nutrient Input (GRNI) has been accurately reviewed and updated.
  • Ensure that all stock and material entries have been processed by the finance team.
  • Pursue resolution of any system issues to maintain efficiency.
  • Provide necessary production input for budgets and forecasts.
  • Contribute to budgetary planning for capital expenditures.
  • Liaise with auditors during year-end tasks, processing schedules and analysis as required.
  • Assist with preparation of the year-end accounts pack.
Requirements:
  • Strong analytical and problem-solving skills.
  • Able to reconcile complex accounts and interpret data.
  • Excellent communication and teamwork skills.
  • Effective time management and organisational skills.
  • Able to adapt to new systems and technologies.
  • Qualified, Part-Qualified, or QBE (manufacturing experience preferred).

The estimated salary for this role is £45,000 - £55,000 per annum, depending on experience. Edwards & Pearce acts as an employment agency for permanent recruitment and an employment business for the supply of temporary workers. We are an Equal Opportunities Employer.



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