Management Accountant - Reed : Job Details

Management Accountant

• Annual Salary: £50,000-£55,000 per annum
• Location: City of London
• Job Type: Full-time

Our client is a dynamic and rapidly growing company who specialise in providing engineering and construction services are seeking a newly qualified Management Accountant to join their finance team.

The company is involved within high-profile projects across Europe, and they require a Management Accountant to play a key role within the finance team in offering strategic financial insights and managing budgets effectively.

If you are a recently qualified Management Accountant who is looking to join a SME organisation, that supports hybrid working and provides a collaborative and progressive working environment then this not a role to be missed.

Day-to-day of the role:

• Financial Reporting: Prepare monthly management accounts, financial statements, and reports for senior management.
• Budgeting and Forecasting: Develop, implement, and monitor budgets and forecasts; provide variance analysis and explanations.
• Cost Analysis: Conduct cost-benefit analyses, margin analysis, and profitability analysis to support business decisions.
• Performance Analysis: Analyse financial performance against key business metrics and document pertinent financial highlights that enable management to determine progress against budgets.
• Compliance: Ensure compliance with financial regulations and standards; prepare for audits and manage audit processes.
• Advisory: Advise management on the financial implications of business activities and provide strategic recommendations for improving financial performance.
• Process Improvement: Identify and implement process improvements to enhance the efficiency and effectiveness of financial operations.
• Project Management: Manage and oversee financial aspects of projects, including budgeting, forecasting, and reporting.
• Collaboration: Work closely with other departments to understand and analyse their financial needs and challenges.
• Labour Cost Management: Monitor and analyse labour costs, including direct and indirect expenses, and ensure alignment with project budgets.
• System Proficiency: Utilise advanced Excel skills for financial analysis and reporting.

Required Skills & Qualifications:

• Education: Qualified Accountant either ACA, ACCA or CIMA and a bachelor’s degree in accounting, finance, or related field
• Experience: Minimum of 1-2 years of experience in management accounting or a related field.
• Skills:
  • Strong analytical and problem-solving skills.
  • Advanced Excel skills.
  • Excellent communication and interpersonal skills.
  • Ability to work independently and as part of a team.
  • Strong attention to detail and organisational skills.
  • Self-motivated and able to work under minimum supervision.
  • Positive attitude and ability to thrive in a start-up environment.
  • Knowledge of UK employment compliance, income tax, and payroll processing is an advantage.

Benefits:

• Competitive salary.
• Comprehensive health insurance.
• 25 days of holiday.
• Hybrid working (3 days per week in the office)
• Professional development opportunities.

To apply for this Management Accountant position, please submit your CV and cover letter detailing your relevant experience and why you are interested in this position.