Management Accountant
Likely
Sponsorship likelihood
This employer has issued visas recently
Not disclosed
Salary
Not disclosed by employer
£49,200
Going rate
Skilled Worker going rate
This role likely qualifies for a Skilled Worker visa
SOC 2421 (86% match) is an eligible occupation, with a going rate of £49,200, and ACT Developments London is a licensed sponsor. That is our reading of the rules. Whether they issue a Certificate of Sponsorship is still their call.
We pick the code from the advert's text, so it is our best guess, not the employer's. Each code it could be has its own likelihood:
- Likely 2421 (Chartered and certified accountants) · 86% match
- Likely 3534 (Financial accounts managers) · 6% match
New graduate or PhD holder? Pick one of the lower rates.
What each route needs for this job
| Occupation code | New entrant 70% of going rate | STEM PhD 80% of going rate | Relevant PhD 90% of going rate | Standard rate 100% of going rate |
|---|---|---|---|---|
2421 Chartered and certified accountants Most likely code | £34,500 | £39,400 | £44,300 | £49,200 |
3534 Financial accounts managers Also possible | £33,400 | £44,700 | £44,700 | £44,700 |
We use the lowest threshold across the plausible codes. Likelihood is Possible at most when the pay clears only a lower rate, or only under a less likely code. How the Home Office picks the code
About the role
The Management Accountant is central to how ACT understands its performance. The role covers two things: delivering accurate, timely management accounts across all three divisions, and preparing the budgets, forecasts and cash position the Head of Finance and directors use to run the business. Construction finance brings its own challenges - WIP and CVRs, retentions, CIS and VAT reverse charge - and you'll be working with them every month. We're looking for a newly qualified or finalist accountant who wants real ownership early, holds the same standard in the numbers that we hold on site, and builds honest, constructive relationships with Heads Of and QS teams.
Job Requirements
Essential
- Newly qualified or finalist CIMA, ACCA or ACA
- Hands-on experience of month end close, accruals, prepayments and balance sheet reconciliations
- Strong Excel, including building and maintaining forecast models
- Able to explain numbers clearly to non-finance colleagues and challenge directors and QS teams constructively
- Be self-motivated and highly organised
- Be able to work to strict deadlines
- Construction or contracting experience, in house or with contractor clients in practice: retentions, CVRs and WIP, CIS, VAT reverse charge
- Experience with Xero
- Exposure to Procore or a similar project system
- Experience preparing audit schedules
Month End and Management Accounts
- Run the close calendar and checklist, chasing inputs from Commercial, Procurement and Payroll so the close starts on time.
- Deliver divisional and group management accounts with variance commentary by WD5, for Head of Finance review.
- Prepare accruals, prepayments, recharges, and CIS and VAT clearing reconciliations.
- Prepare the annual overhead budget and quarterly re-forecasts, agreeing budget lines with each Head Of.
- Issue monthly department packs by WD6, after a second-person check.
- Maintain an unbudgeted spend log and flag overspends to budget owners as they happen, not at month end.
- Maintain the 13-week cash forecast using inflow inputs from Commercial.
- Track forecast accuracy month on month and explain the gaps.
- Model scenarios against the agreed cash floor for the Head of Finance and directors.
- Operate cut-off, period locks and journal authorisation in line with segregation of duties.
- Prepare audit schedules and supporting files for the external accountants and auditors.
- Keep process notes current so any part of the close can be picked up by someone else.
- Produce cost reports for the QS teams and help them read and act on the numbers.
- Be the first point of contact for budget holders on their figures, explaining clearly and challenging constructively where spend or forecasts don't add up.
This description is the source posting as it read when we added it. We are not affiliated with ACT Developments London, so check their own site for the current details.
Where this offer sits in the market
Chartered and certified accountants (SOC 2421) · UK · ONS ASHE 2025 · basic pay · ~68k in sample- Middle half £38,376–65,780
- Median £49,452
- Going rate £49,200
- Threshold £41,700
- New entrant £34,500–44,300
Similar sponsored roles
See all UK visa jobsNo close matches live right now.
Browse more sponsored jobs at ACT Developments LondonAbout sponsorship for this role
Does this job guarantee visa sponsorship?
Not necessarily. ACT Developments London holds a sponsor licence, but sponsorship for a specific hire is always the employer's decision. Be upfront in your application that you'll require it.
What salary is needed for this role to be eligible?
The offer must clear both the general threshold and the SOC 2421 going rate of £49,200. New-entrant and shortage discounts can lower it.