Job Description Finance Management Accountant Purpose of the Role A Management Accountant is an integral position within the finance department.
The key function of this role is to analyze financial information and implement effective strategies to enhance overall business performance.
Combining both accounting and management skills, the Management Accountant has overall accountability for preparing, developing and applying findings from financial reports .
Responsibilities include maintaining financial policies and management information systems, alongside establishing effective communication channels to inform management on all aspects of company finance.
Outlined below are a number of standard duties that this job role entails.
Tailored job descriptions are prepared for each vacancy registered with Accountancy Recruit and specific responsibilities that relate to your business will be included.
Management Accountant responsibilities: • Analyse financial information to assist business profitability and growth • Provide accurate and sound management reporting to assist with key decision making • Produce month end and year end journals • Prepare statutory and management accounts • Contribute to annual budgeting and planning process • Manage capital expenditure • Produce financial statements including P&L accounts, cash flows, variance analysis and commentaries • Ensure compliance with all financial regulations • Lead, manage, guide and motivate a team • Review accounting processes and practices and improve where necessary to ensure efficient financial operations • Analysing and managing risk within the business.
Skills required for the job • Management accountants are expected to have excellent analytical and numerical skills whilst maintaining a strong attention to detail.
• A solid foundation of basic accountancy skills is also required for this role including an understanding of the generally accepted accounting principles.
• An understanding of business is also important for management accountants along with the ability to communicate effectively at all levels to advise and liaise with senior members of staff.
• The duties of a management accountant should be carried out with a high degree of organisational and strategic thinking skills.
Skills & Attributes • Excellent analytical and problem-solving skills.
• Strong leadership and interpersonal skills.
• Ability to communicate effectively with all levels of the organization.
• Proven work experience in payroll and credit control in a similar role.
• Excellent verbal and written communication skills • Proficient in Microsoft Office Suite or related software • Basic understanding of collection practices and laws • Ability to act with discretion, tact, and professionalism in all situations.
• Excellent mathematics and problem-solving skills.
• The ability to consistently meet deadlines and to work well under pressure.
• The ability to handle customer queries efficiently.
• The ability to deal with employee payroll matters sensitively.
• The ability to work independently or as part of a team.
Education • Ideally a Bachelor's degree in finance, accounting, or a related field.
• Minimum of 5 years of experience in a financial management role.
• AAT qualified or working towards (desirable) • ACA/ACCA part qualified • Credit Control certification desirable Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job.
Duties, responsibilities, & activities may change at any time with or without notice.
Daily interactions will be overseen in the UK by the Managing Director UK/EMEA.
An employment contract will be implemented, providing the professional service processes related to pay, health/medical benefits, personal time, approved bank holidays, pension, & any additional benefits for our full time employees in the UK, Europe, Middle East, Operations.