Management Accountant
1 month ago
Antony James Recruitment Ltd are delighted to have partnered with a growing commercial client located near the Leeds City Centre in recruiting a Management Accountant. Reporting into the Finance Manager you will play a key role in providing accurate financial insights, supporting decision-making, and improving financial performance within the manufacturing environment. This position offers an exciting opportunity to contribute to operational efficiency, cost management, and profitability in a fast-paced industry.
Key Responsibilities:
Cost Analysis & Control:
Prepare and analyse standard costings for products, ensuring accurate valuation of inventory.
Identify cost-saving opportunities and provide recommendations to improve operational efficiency.
Perform variance analysis to compare actual costs with budgeted or standard costs and report on significant deviations.
Financial Reporting & Forecasting:
Prepare monthly management accounts, including income statement, balance sheet, and cash flow statements, ensuring accuracy and timely submission.
Develop and maintain accurate financial forecasts, including profit and loss, balance sheets, and cash flow projections.
Present monthly financial performance to senior management with clear explanations of variances and insights for corrective actions.
Budgeting & Planning:
Assist in the preparation of annual budgets, including departmental budgets for manufacturing and production operations.
Track and monitor budget performance and provide management with regular updates on financial progress against budget.
Inventory Management:
Oversee inventory valuations and perform regular inventory audits.
Work closely with the production team to ensure optimal inventory levels, reducing both excess inventory and stockouts.
Productivity & Efficiency Analysis:
Analyse production costs, monitor productivity, and identify opportunities for process improvements.
Support the manufacturing team with financial data to assist in efficiency improvements and decision-making.
Internal Controls & Compliance:
Ensure compliance with financial policies, internal controls, and accounting standards.
Assist in audits, both internal and external, and provide necessary financial data and documentation.
ERP System Maintenance & Reporting:
Maintain and improve financial reporting systems and processes, ensuring accurate and timely data capture.
Support the finance team in the implementation and optimisation of ERP software specific to manufacturing.
Ad-hoc Analysis & Projects:
Participate in special projects such as capital investment appraisals, cost-benefit analyses, and cost modelling.
Provide financial support to manufacturing and operations teams for decision-making and strategic planning.Qualifications:
Education: A degree in Accounting, Finance, Business, or a related field is required. Professional qualification (CIMA, ACCA, ACA) or equivalent is highly desirable.
Experience: Minimum of 3 years of experience in a management accounting role, preferably within a manufacturing or production environment.
Skills:
Strong understanding of cost accounting principles and manufacturing processes.
Proficient in financial modelling, budgeting, and forecasting.
Advanced Excel skills and experience with ERP systems (SAP, Oracle, etc.).
Analytical mindset with the ability to interpret and communicate financial data to non-financial managers.
Strong attention to detail and accuracy, with the ability to meet tight deadlines.Personal Attributes:
Strong communication skills and the ability to work collaboratively across departments.
Proactive approach to problem-solving and decision-making.
Ability to thrive in a fast-paced, dynamic work environment.
A team player with a positive, can-do attitude
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