Senior Management Accountant

3 weeks ago


Milton Keynes, Milton Keynes, United Kingdom ICAEW Full time
Senior Management Accountant Role Overview

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:
  1. Financial Reporting:
    1. Ensure timely closure of cost centres/areas according to the month-end timetable.
    2. Prepare month-end reporting packs with explanations for variances and implications for future performance.
    3. Create profitability reports for specific cost centres.
    4. Conduct ad-hoc analysis and reporting to support business needs.
    5. Prepare, check, and post monthly journals.
    6. Reconcile/analyse Balance Sheet accounts for accrued and deferred income, accruals, and prepayments.
  2. Financial Planning:
    1. Full responsibility for budgeting and forecasting for specific cost centres, including gaining knowledge of divisional staff costs/FTEs, associated costs of sales, and overheads.
    2. Create budget and forecast papers, presenting to ICAEW senior management, focusing on key issues and drivers of change.
    3. Develop a good understanding of and skill in using the budgeting and forecasting tool to maximise its benefits.
  3. Financial Analysis and Decision Support:
    1. Conduct comprehensive financial analysis to provide insights into business performance, trends, and variances against budgets and forecasts.
    2. Identify key drivers impacting financial results and make recommendations for improvement.
    3. Prepare complex financial analyses and reports for department management and the Managing Director.
    4. Participate in various ad-hoc projects.
  4. Process Improvement:
    1. Work closely with the Finance Business Partner to continuously review and enhance FP&A processes, tools, and systems to increase efficiency and effectiveness.
    2. Implement best practices in financial planning, analysis, and reporting to drive continuous improvement.
    3. Streamline data collection, analysis, and reporting workflows to deliver timely and actionable insights.
  5. General:
    1. Ownership of personal and career development through on-the-job coaching and up-skilling.
    2. Act as deputy for the FBP throughout the budgeting and forecasting processes.
    3. Act as key finance contact and natural go-to person for specific cost centres.
    4. Foster cross-functional collaboration and communication within the finance department and across the organisation.
    5. Ensure audit requirements are met.
Candidate Profile:
  • 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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