Management Accountant
2 weeks ago
EPW1
JOB TITLE: Management Accountant
LOCATION: Tamworth
HOURS: 08:30 – 17:00, Monday to Friday
Job Purpose:
The role of the Management Accountant is to provide effective support to the wider business by producing accurate daily, weekly and monthly reports enabling senior managers to make clear and effective decisions along with being an integral part of the finance function, maintaining financial policies and management information systems.
Key Accountabilities:
Produce accurate monthly management accounts by working day 3 for review by the Financial Controller including setting up the accounts pack, posting journals and investigating variances to budget/forecast/prior monthsManage the weekly P&L report ensuring all income and costs are reported accurately, along with monitoring of production efficiency, transport costs and overheadsUpdate and send daily, weekly and monthly group reports accurately and on timeMaintain the company T&A system, ensuring all new starters are set up on the system and all overtime and absences are recorded and authorised by the relevant managersUpdate monthly group accounts pack for review by the Financial ControllerCo-ordinate the month end timetable ensuring all tasks are completed by the right people at the right timeInventory control: including maintaining standard costs of Raw Material, Work in Progress and Finished Goods, variances, reconciliations, and stock takes.Update monthly balance sheet reconciliations for review by the Financial ControllerUpdate and send the daily sales and production reportManage the weekly, monthly and quarterly cashflow forecast ensuring the cashflow balances back to the budget/forecastManage monthly Bank ReconciliationsSupport the budgeting and forecasting ProcessProcess weekly payroll journalsCalculate appropriate provisions as required, such as inventory, rebates, credit note and bad debtUpdate and maintain the Fixed Asset Register including additions, disposals, depreciation and mould recoveryAgree all intercompany balances each monthTo complete ONS and VAT returns as requiredAssisting with Year End Accounts and external auditTo provide occasional holiday cover for Credit Control and Purchase Ledger and complete other ad-hoc activities for the wider Finance Department, if requiredKey Experiences and Skills Required:
Ability to work independently with minimal supervision to accomplish team goals and objectivesComputer literate, including a high proficiency in ExcelExcellent verbal and written skillsHigh attention to detailDesirables Skills, Qualifications and Experience Required:
QBE or working towards CIMA / ACA / ACCAExposure to Business Central (Navision) would be advantageous Manufacturing ExperiencePersonal Attributes:
Driven by results – Decisive, confident addressing problems and opportunities, challenging activities to improve performance, demonstrate willingness to challenge accepted methods and standardsAction orientated – Able to deal with problems in appropriate time framesEffective communication – Clear concise written and spoken, ability at all levels, customer, supplier and internalStrategic agility – recognition of a changing need and speed of response, rapid reaction to challengesHigh Standards – demonstrating a motivation to improve standards and thereby making a real difference, challenging inadequate solutionsIntegrity and trust – demonstrating a sense of commitment to openness, honesty, loyalty and high standards in undertaking the rolePeople management – demonstrating commitment to working and engaging constructively with internal and external stakeholders-
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