Management Accountant

Location:  Portsmouth, Hampshire

Salary: £35,000 to £42,000

Our client is a successful technical management consultancy providing technical expertise to projects in the Ministry of Defence. They also have experience working in the nuclear, defence, space, and transport sectors in the UK. Due to expansion, they are looking for an experienced Management Accountant.  You would be reporting to the Finance Manager, working as part of a small team in this newly created role to support the finance function as a whole.  The successful candidate should be Qualified or Part Qualified - ACCA, CIMA. Located in Portsmouth with some hybrid working available.

The salary is £35,000 to £42,000 PA with excellent benefits including Bonus; Personalised Professional Development; Comprehensive Health Care Coverage; Generous Holiday Allowance with Flexible Buy-Back Option; Pension Scheme 7% company contribution; Life Insurance Benefits; Convenient On-site Parking

Please note:  Candidates will need to either hold a current SC clearance or be willing and eligible to undergo a Security Clearance check (SC level) upon starting their employment with the company. To gain SC clearance you will normally need at least 5 years’ UK residency.

Hours:  37.5hrs per week with part-time available for consideration.

Management Accountant Responsibilities will include:

• Xero bookkeeping
• Monthly Management Accounts - journals, depreciation, and accruals
• Ensuring every invoice transitions smoothly from approval to payment, strengthening our partnerships and securing our supply chain.
• Cash flow forecasts, balancing expected and actual overheads.
• Departmental budgets.
• Contribute to the evolution of our information management by getting involved with our Information Management System, which is currently in the design stage.
• Payroll activities during month-end, ensuring accurate and timely payroll processing, and providing essential support.
• Lead the preparation of management accounts, developing comprehensive working paper templates to provide clear insights into the figures.
• Oversee the entire management accounts process, effectively managing your workload to meet monthly reporting deadlines.
• Conduct control account reconciliations, accurately identifying and implementing necessary adjustments.
• Contribute to continuous process review and improvement, actively seeking opportunities to enhance financial processes and controls.
• Maintain a thorough understanding of essential controls within the finance function, ensuring robust financial management.

Management Accountant Expertise Required:
The ideal candidate for this position will possess a strong foundation in accounting principles and practices, coupled with hands-on experience in managing financial records and analyses:

• Proficiency in Xero or similar accounting software, with a deep understanding of bookkeeping practices and financial reporting.
• Advanced skills in financial analysis, including the ability to translate complex data into actionable insights and narratives.
• Experience with budgeting, forecasting, and financial planning, demonstrating an ability to align financial strategies with organisational goals.
• Knowledge of payroll processes and regulations, with the flexibility to support this function as needed.
• Strong competency in Microsoft Excel or equivalent, capable of handling complex datasets for analysis and reporting.

Keywords:  Management Accountant, ACCA, CIMA, XERO, Payroll, EXCEL, Analysis

Management Accountant