Management Accountant - Walsall, United Kingdom - Thomas Jean Associates Ltd

Thomas Jean Associates Ltd Walsall, United Kingdom

3 weeks ago

Full time

Description

Job Summary:

The Management Accountant will be responsible for preparing, analysing, and reporting financial data to assist management in making well-informed business decisions. This role includes budgeting, forecasting, performance analysis, and providing insights to drive financial performance and strategic direction.

Key Responsibilities:

Financial Reporting and Analysis:

Prepare monthly, quarterly, and annual financial reports.
Conduct variance analysis between actual results and budget/forecasts.
Analyse financial performance and contribute to medium and long-term business planning and forecasting.

Budgeting and Forecasting:

Develop, maintain, and update annual budgets.
Prepare rolling forecasts to provide accurate financial projections.
Work closely with departmental heads to build budgets and forecasts.

Cost Management:

Monitor and control expenditure within the organization.
Conduct cost-benefit analysis and identify cost-saving opportunities.
Assist in setting product/service pricing and evaluating cost structures.

Financial Planning and Strategy:

Provide financial insights and recommendations to the management team.
Support strategic initiatives and decision-making processes with financial data.
Participate in the development of financial policies and procedures.

Internal Controls and Compliance:

Ensure financial practices comply with organizational policies and regulatory requirements.
Develop and implement robust internal controls to safeguard assets.
Assist with audits and implement recommendations for improvements.

Performance Management:

Develop key performance indicators (KPIs) to measure financial and operational performance.
Prepare detailed financial performance reports and dashboards.
Conduct financial modelling and scenario analysis.

Collaboration and Support:

Collaborate with cross-functional teams to support business objectives.
Provide financial training and guidance to non-financial managers.
Support the finance team with ad-hoc projects and analysis as required.

Qualifications and Skills:

Education:

Bachelor's degree in accounting, Finance, or a related field.
Professional accounting qualification (e.g., ACA, ACCA, CIMA) is highly desirable, QBE will be considered too.

Experience:

Proven experience as a Management Accountant or in a similar role.
Strong background in financial analysis, budgeting, and forecasting.
Experience with financial software Sage 50 would be an advantage.

Skills:

Excellent analytical and problem-solving skills.
Strong attention to detail and high level of accuracy.
Proficient in Microsoft Office Suite, particularly Excel.
Excellent communication and interpersonal skills.
Ability to work under pressure and meet tight deadlines.

Key Competencies:

Strategic thinking and business acumen.
Ability to interpret and present complex financial data.
Strong organizational and time management skills.
High level of integrity and ethical standards.
Team player with the ability to work independently.

This job description outlines the general nature and key responsibilities of the role, but it is not intended to be an exhaustive list. Additional duties may be assigned based on the needs of the organisation.

Application Process:

Interested candidates should submit their CV to be considered.

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