Financial Management Accountant

4 weeks ago


Sheffield, Sheffield, United Kingdom Elevation Recruitment Group Full time

Elevation Recruitment Group is seeking a Management Accountant to join the finance team of a profitable, highly reputable, and well-established service business in Sheffield with a strong international presence.

This is a newly created role that will report to an existing Head of Financial Reporting.

The company offers hybrid working (3 days a week in the office and 2 days a week from home).

  • Salary up to £55,000 (dependent on experience)
  • 26 days holiday + 8 bank holidays + extra personal day off
  • Westfield health
  • Company sick pay after 3 months of service
  • Death in service benefit after 6 months service
  • Company pension
  • Hybrid and flexible working
  • Quarterly company awards programme
  • Seasonal events
  • Additional long-term service rewards

The successful candidate will play a critical role in financial reporting, delivering work with a direct financial and operational impact.

Key responsibilities include:

  • Responsible for revenue recognition (including deferred revenue from annual subscriptions) for the group companies
  • Leading the monthly management accounts process, including variance analysis and narrative
  • Consolidate financial statements across various entities, providing a Group-wide view of financial health, revenue growth, and profitability
  • Assist with audit preparation and guiding group companies through audit queries
  • Complete quarterly VAT returns for group companies, and international direct sales tax returns
  • Ensuring processes and procedures are compliant with changes in legislation and regulations
  • Reviewing and improving existing finance systems, processes, and controls to enhance efficiency and accuracy in reporting
  • Oversee monthly bank reconciliation and posting of financial transactions
  • Be the primary point of contact for technical and process questions from Accounts Receivable and Accounts Payable team members
  • Assist with the preparation of annual forecasts by customer segment and country
  • Support with the monthly reporting of variance to target results, assisting the Country Managers, Segment Managers, and other stakeholders to understand the data
  • Support the assessment, integration, and reporting processes for acquired businesses

To be successful in this role, you will have the following skills and experiences:

  • Ideally 2-4 years experience in a management accounting role, ideally within a multi-entity organisation, subscription-based business model, or high-growth consumer business, but not essential
  • Strong knowledge of FRS 102
  • Experience with consolidated reporting, across multiple legal entities
  • Experience of managing intercompany transactions and funding requirements
  • Knowledge of subscription revenue recognition and deferred revenue accounting
  • Excellent analytical and problem-solving skills, able to use the findings to develop targeted solutions
  • Excellent attention to detail, spotting errors, and working with the business to correct these
  • Proficiency in using accounting software such as Sage, Xero, NetSuite, Microsoft Dynamics
  • Strong communication and interpersonal skills, with the ability to convey complex information to team members outside of Finance


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