Management Accountant - 6 Month Fixed Term Contract

Management Accountant

6 Month FTC

ITM Power

Location: Sheffield

Direct Applications Only- No Agency Applicants at this time

About ITM Power

Building on more than two decades of science led research and development, ITM Power designs and manufactures pioneering PEM electrolysers that produce green hydrogen. Our technology is helping to pave the way to a cleaner economy by enabling industry and other sectors to decarbonise.

As the first hydrogen related company to be listed on the London Stock Exchange, it’s no exaggeration to say that we’re globally recognised experts in our field.

In recent years, interest in green hydrogen has increased rapidly worldwide. To help meet demand and accelerate global progress towards net-zero, we have scaled up at speed.

In 2021, we opened our cutting-edge factory at Bessemer Park, Sheffield, representing a step-change in our ambition as a business.

Why join us

Our business is entering a significant period of transition, a pivotal stage of its development to scale its business while advancing its organisational culture towards a highly focused delivery company.

You will be working with an inspiring bunch of people, who all share our desire, commitment and ambition to succeed. Our talented team of individuals display energy and enthusiasm with the ability to adapt to ever evolving business needs, encouraging each other to be the best we can. We’ve come a long way, join us to play a key role in the next step of our incredible journey!

What are we looking for

We have an opportunity for a Management Accountant to join our Finance team on a 6 month fixed term contract. The role reports to the Financial Controller and is responsible for a range of activities. This includes partnering with the business to build strong

relationships with key stakeholders, operate and develop a clear and concise reporting framework to assist with understanding business performance within the senior

management team and adherence to deadlines to ensure timely management reporting.

Responsibilities

Capital Projects & Approvals

• Manage capital approval process including:
• Continued improvement of capital appraisal model
• Assisting the business with completion of investment appraisals, challenging the numbers to ensure a robust business case is presented
• Preparation of documentation in readiness of capital approval meetings

• Ensure appropriate treatment of costs and capitalisation of project costs where appropriate

• Monthly tracking and reporting of internal project performance, including reporting of key project variances both from a cost and timetable perspective

• Budgeting for upcoming internal projects for input into the annual company budget
• Assist in the development of an internal project forecast that can be incorporated into the overall business forecasting process, this is to include profit and loss, balance sheet and cash flow requirements (including any FX requirements)

Operating Expense Analysis and Reporting

• Development of the business partnering process with overhead departments, to include the following:
• Completion of key month end processes
• Prepayments / Accruals
• Overhead reviews and reclassification of costs as appropriate
• Timely review and clear down of open POs
• Balance Sheet Reconciliations
• Monthly tracking and reporting of overhead expense performance to budget with appropriate commentary
• Answering queries and supporting the business in the accurate allocation of costs across Entities, Cost Centres and Nominal codes
• Identification / implementation of cost saving projects
• Engagement with cost centre owners to ensure reporting is understood, challenged and robust

• Liaison with and processing of subsidiary accounts to include:
• Production of an accurate monthly Trial Balance
• Balance sheet reconciliations
• Management Reporting and Variance Analysis
• Develop an understanding of key business drivers
• Report to key subsidiary stakeholders and work with them to ensure numbers are understood, challenged and robust
• Preparation of annual budgets / forecasts for all areas of responsibility

• Liaising with and complying with external audit requests
• Support / Cover for other finance team members

About You

Knowledge and Experience

• Qualified Accountant (AAT, CIMA, ACA, ACCA or equivalent) for 2 years+
• Experience in a Finance Project Management, FP&A or Finance Business Partnering role

Skills and Abilities

• High attention to detail
• Enthusiastic and positive approach to problem solving
• Strong communicator amongst all levels, both written and verbal
• Good standard of systems and Excel ability
• People management experience not necessary, but examples of helping and coordinating others useful

What can we offer you

Our competitive salary package includes an excellent contributory pension, 25 days holiday per year plus bank holidays and a wider range of benefits including:

• Buy as you earn (BAYE) share scheme
• Birthday holiday
• Holiday Purchase
• Cycle to work scheme
• Lifestyle Discounts
• Employee Assistance Programme
• Health Cash Plan
• Eye Care
• Gym Scheme
• Life assurance
• EV Car Leasing
• Enhanced Parental Leave
• Motor Save Scheme
• Tech Save Scheme
• Onsite parking including free electric car charging points

We know your career is important to you, it’s important to us too, which is why we also offer opportunities for you to grow and develop your career. If you are looking to join a growing, dynamic

business and want to be part of our amazing team we would love to hear from you.

Our success is driven by the exceptional diversity of our people. We are proud to be an equal opportunity employer, committed to promoting and creating a diverse and inclusive environment where we encourage our employees to learn and grow, fuelled by mutual respect in a place where ideas flow and thrive.