Management Accountant

Job Description

Elevation Recruitment Group are delighted to be working with a growing and successful SME in Sheffield as they look to bring a new Management Accountant into the team.The Management Accountant will play a crucial role in supporting the Financial Controller with the day to day running of the finance department including overseeing the financial transactions as well as payroll. You will also work closely with operationstakeholders to help manage budgets and forecasts, track performance and KPIs as well as providing financial insights and analysis to the management team.Key Responsibilities will include:

• Prepare monthly management accounts, including profit and loss statements and balance sheets
• Cash flow forecasting
• Ownership of cost of sales analysis/ reporting
• Produce variance analysis and commentary on financial performance, highlighting key trends and issues
• Provide detailed financial analysis to support business decisions, including pricing strategies, investment appraisals and project evaluations
• Assist in the development and maintenance of financial models to aid long term business objectives
• Assist in the preparation of annual budgets and quarterly forecasts
• Monitor and report on budget performance, identifying areas of concern and recommending corrective actions
• Analyze cost structures and identify opportunities for cost reduction and efficiency improvements
• Assist the project accountant in ad-hoc projects, new business cases and initiatives
• Weekly KPI reporting
• Maintaining fixed asset register (inc. depreciation)
• Working collaboratively with operational stakeholders across the business
• Managing budgets and forecasts with departments
• Gather financial data and ensure alignment with overall business objectives
• Present financial information and insights to senior management and stakeholders in a clear and concise manner
• Processing company payroll
• Collating timesheet data
• Overseeing transactions across both accounts payable and accounts receivable
• Processing journals
• Accruals and prepayments VAT and bank reconciliations
• Intrastat/ EU reporting
• Foreign exchange reporting
• Ensure robust financial controls are in place and adhered to, in line with company policies and regulatory requirements
• Assist in internal and external audits, providing necessary documentation and explanations
• Always striving to find better ways of doing things for better efficiencies/ driving continuous improvement

Qualifications and Experience:

• Professional accounting qualification (e.g., ACCA, CIMA, ACA) is preferred although part qualified/ qualified by experience will also be considered
• Minimum of 3-5 years of experience in a management accounting role
• Proficient in Microsoft Excel, Sage experience would be desirable although not essential
• Excellent analytical and problem-solving skills
• Strong attention to detail and accuracy
• Ability to communicate complex financial information to non-financial stakeholders
• Strong organisational and time management skills, with the ability to meet deadlines
• Proactive and self-motivated with a strong sense of initiative
• Strong interpersonal skills, with the ability to build effective working relationships

What they offer:

• Competitive starting salary
• Opportunity for professional development and career progression
• A supportive and collaborative working environment
• Auto enrolment pension
• 23 days holiday + bank holidays

If this role would be of interest, please send in your CV today!