Management Accountant

Role: Management Accountant

Salary: £60,000 circa

Location: London Bridge (On-site)

Job Summary:

• An operational role characterised by an advanced level of proficiency and a comprehensive understanding of financial management principles. A guardian of financial integrity, leading financial audits, and implementing robust internal controls. Collaborating seamlessly with cross-functional teams, this professional contributes to the overall financial well-being of the organisation and plays a crucial role in shaping its long-term success.

Experience:

• Proven experience in an Management Accountant / Finance Manager (Part-Qualified) role
• International Company experience

Qualifications:

• Bachelor's degree in accounting or a related field
• ACCA/CPA certification or equivalent

Responsibilities:

Management Accountancy

• Preparing financial reports and budgets
• Controlling and forecasting income and expenditure
• Overseeing accounting procedures and supervising junior financial department staff
• Monitoring auditing and taxation practices
• Evaluating benefits and compensation packages
• Ensuring that financial management policies and procedures adhere to regulatory standards
• Performing financial recordkeeping and protecting sensitive information
• Keeping informed of regulatory requirements and best practices in management accounting
• Collaborating with cross-functional teams to gather relevant financial data

Financial Analysis and Planning

• Gathering and interpreting information to evaluate the efficiency of financial procedures
• Analysing key financial data and advising senior management on strategic planning
• Developing and implementing cost-effective financial policies and procedures
• Mitigating financial risks
• Making forecasts to assist business planning and decision-making
• Conducting risk assessment and advising on ways to minimise risk
• Identifying trends and opportunities for improvement

Financial Support

• Reconciling invoices
• Overseeing expense reports
• Processing reimbursement forms
• Undertaking elementary data entry for financial transactions
• Transfer pricing calculation
• Submitting monthly close entries
• Collecting course fees
• Tracking student payments

Administrative Support

• Maintaining budgets and records
• Submitting and reconciling invoices
• Identifying financial discrepancies
• Managing expense reports and processing reimbursement forms
• Assisting with basic data entry tasks for financial transactions
• Providing general administrative support to the accounting department
• Assisting with tasks related to budgeting and record-keeping
• Purchase order follow up

Team Leading

• Sharing knowledge with and mentoring other team members
• Supervise a team of junior Accountancy staff
• Awareness of the company's financial strategy
• Awareness of the company's budget
• Adhere to operational goals, including guiding your team
• Mentor and coach junior team members

Operational

• Handling petty cash
• Support Finance Team in organising various projects
• Undertake daily administrative tasks to ensure the functionality and coordination of the Finance department’s activities
• Continuing your professional development
• Perform other reasonable tasks as requested

Key Competencies (Skills):

• Financial Best Practice: Keeping informed of regulatory requirements and best practices in management accounting.
• Budgeting: The ability to create and manage a budget, which forms the foundation of financial planning.
• Saving: Understanding the importance of saving, different saving options, and developing saving habits.
• Managing debt: Knowledge of different types of debt, interest rates, and strategies for managing and reducing debt.
• Investing: Understanding investment options, risk and return, and the importance of long-term financial planning.
• Managing credit: Knowledge of credit scores, credit reports, and responsible credit management.
• Attention to detail: Able to ensure accuracy and organisation of physical and electronic documents.
• Business acumen: A fundamental understanding of how a business operates and the ability to use that knowledge effectively to make sound business decisions.
• Presentation skills: The ability to present complex data and insights clearly and compellingly.
• Relationship management: This refers to the ability to build and maintain consistent communication with external vendors and internal stakeholders.
• Proactive approach: This refers to an entrepreneurial and innovative approach to finance, where you are constantly seeking out new opportunities and pursuing them with initiative.
• Teamwork: Working alongside colleagues in a collaborative style with colleagues, particularly within cross-functional teams.
• Technical skills: Computer literate, including knowledge of how to use Microsoft Office.
• Communication skills: Able to effectively interact with clients, colleagues, and other stakeholders, including explaining complex financial concepts in a clear and understandable manner, and maintaining consistent communication with external vendors and internal stakeholders.
• Organisational skills: Being well-organised and able to manage multiple tasks and keep track of various files, documents, and other information.
• Analytical skills: The ability to analyse data, spot trends, and think strategically is important to identify opportunities and make informed decisions, ensuring attention to detail.
• Adaptability and continuous learning: The ability to continuously update your skills and stay current with the latest updates and advancements in industry trends and all other relevant technologies.
• Customer-oriented approach: Having a focus on understanding and meeting customer needs is important for this role.
• Collaborative approach: Able to partner effectively across teams with a broad range of skill sets and experience to arrive at the best solutions.
• Mentorship: You will be responsible for supervising a team, so mentoring, coaching, and training skills are important.