Financial Management Accountant
4 weeks ago
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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