Senior Management Accountant
3 weeks ago
The Senior Management Accountant will play a pivotal role in providing financial information and commercial insight to support the Operating Plan process, including 3/5-year plans, budgets, and forecasts. This position will also be responsible for performing various month-end processes and activities to ensure stakeholders have accurate and timely management information.
Key Responsibilities:- Financial Reporting:
- Ensure timely closure of cost centres/areas according to the month-end timetable.
- Prepare month-end reporting packs with explanations for variances and implications for future performance.
- Create profitability reports for specific cost centres.
- Conduct ad-hoc analysis and reporting to support business needs.
- Prepare, check, and post monthly journals.
- Reconcile/analyse Balance Sheet accounts for accrued and deferred income, accruals, and prepayments.
- Financial Planning:
- Full responsibility for budgeting and forecasting for specific cost centres, including gaining knowledge of divisional staff costs/FTEs, associated costs of sales, and overheads.
- Create budget and forecast papers, presenting to ICAEW senior management, focusing on key issues and drivers of change.
- Develop a good understanding of and skill in using the budgeting and forecasting tool to maximise its benefits.
- Financial Analysis and Decision Support:
- Conduct comprehensive financial analysis to provide insights into business performance, trends, and variances against budgets and forecasts.
- Identify key drivers impacting financial results and make recommendations for improvement.
- Prepare complex financial analyses and reports for department management and the Managing Director.
- Participate in various ad-hoc projects.
- Process Improvement:
- Work closely with the Finance Business Partner to continuously review and enhance FP&A processes, tools, and systems to increase efficiency and effectiveness.
- Implement best practices in financial planning, analysis, and reporting to drive continuous improvement.
- Streamline data collection, analysis, and reporting workflows to deliver timely and actionable insights.
- General:
- Ownership of personal and career development through on-the-job coaching and up-skilling.
- Act as deputy for the FBP throughout the budgeting and forecasting processes.
- Act as key finance contact and natural go-to person for specific cost centres.
- Foster cross-functional collaboration and communication within the finance department and across the organisation.
- Ensure audit requirements are met.
- Qualified accountant (CIMA, ACCA, or ACA)
- High level of academic achievement/qualification
- Prior experience of finance business partnering desirable
- Monthly reporting experience essential
- Experience of working in a commercial environment
- Numerate, articulate, and logical
- Collaborative and customer service focused
- Attention to detail and ability to provide accurate figures while working to tight deadlines
- Self-motivated
- Keen to work in the ICAEW and understand the business areas
- Intermediate to advanced Microsoft Office skills, including Excel and Word
- Ideally, experience of working with NAV and JET
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