Management Accountant - Co. West Midlands, United Kingdom - Morgan Advanced Materials

Morgan Advanced Materials Co. West Midlands, United Kingdom

2 weeks ago

Description

Overview

Morgan Advanced Materials is a business rich in history and innovation. Founded in the UK in 1856, we have grown into a global organisation with 70 sites in 18 countries. Our model to serve our customers where they need us has led to a diversified product range using our unparalleled expertise in ceramic and carbon materials, which we exploit to solve difficult problems for our customers across a diverse range of markets. We are a purpose driven organisation. Our purpose is to use advanced materials to make the world more sustainable and to improve the quality of life. We deliver on that purpose through the products that we make, and the way that we make them. The Technical Ceramics business of Morgan Advanced Materials engineers high performance functional and structural ceramic materials, components and sub-assemblies to address customer-specific technical challenges. Key Figures: Revenue £1,112m (2022), ~8,500 employees, manufacturing in 30+ countries, and a global customer portfolio. A UK PLC with head office located in Windsor, Berkshire UK. Listed on London Stock Exchange; Member of the FTSE 250 Index. Responsibilities

Preparation of Month end management accounts and reporting for Stourport site
Departmental reporting as required
Posting month-end journals
Detailed analysis of spend/budget variances, identify variances and drive actions to eliminate
Prepare detailed analysis for annual budget, including forecasts and assist with the preparation of the annual budget
Cashflow forecasting
Effective cost control for the business and day to day operations
Review and maintain the standard costing system
Support the Finance Manager in producing robust forecasts of financial performance, and identifying (rapidly and early) those areas where the financial outlook for the business requires corrective management action
Working hands on with the production and engineering teams to identify process improvement/cost saving ideas, develop plans and implement
Pro-active management and control of working capital; own and drive projects to reduce stock holding, creditors and debtors
Create live updates throughout the trading month and put necessary control tools in place (e.g. to avoid surprises at month end). Weekly information gathering and sharing data in a format that can be understood by all
Monthly reporting duties in close liaison with the Shared Service Centre
Ensure the business maintains robust internal controls which will ensure compliance with financial regulations and Morgan group policies
Ensure that investments (including Capex) are properly justified and prove to be effective to meet the business objectives; monitor and ensure these objectives are achieved
Manage the accounting entries for inventory, including analysis to support understanding of standard costs, variances arising, inventory valuation, provision for obsolescence, intercompany transactions and goods in transit
Partner with the business; provide informed reports and analyses for management, in line with business needs and objectives

Qualifications Experience

Minimum 2-3 years of experience experience in a financial role is essential
Experience in a similar manufacturing business is desirable
Strong intellect with an ability to rapidly identify key issues, to see the big picture and apply the "common sense" test.
Excellent communication skills that focus on simplicity and clarity of presentation, both written and oral.
Strong interpersonal skills with the ability to work with a diverse team in terms of seniority, function, etc.
Able to influence people at all levels of the organisation and secure their buy in and commitment.
High energy and an ability to demonstrate resilience in achieving goals/targets.
Attention to detail and an ability to deliver to the highest standard, within rigid timeframes.
A team player, working from own initiative.
Responsive and self motivated.
Analytical approach to problem solving.

Qualifications:

Studying toward CIMA qualification

Morgan Advanced Materials is an EEO/AA/M/W/D/V Employer Ind-1 #J-18808-Ljbffr

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