Management Accountant

Management Accountant

Salary: £37,000.00 to £46,000.00 plus company bonus scheme and benefits

Key Accountabilities –

• A key member of the UK management accounting team, taking ownership of management accounting, forecasting and business partnering support, focusing on Selling Expenses and General and Administration costs, and also the wider business
• Provide key support to the Management Accountant team and UK Financial Controller
• Ensure month and year end management accounting tasks are completed accurately and on a timely basis
• Support management accountant on Intercompany Cross Charges and reconciliation
• Support the billing between LPOS and LPRO is accurate and that the process is as efficient as possible
• Provide cover for other team members

Key Activities –

Month and year end responsibilities:

• Take ownership of P&L and balance sheet areas and work with business on driving performance improvement actions
• Support Supply Finance Manager on inventory accounting and Operation P&L lines reporting
• Work on the month end process, ensuring that all deadlines are met, and that accurate accruals, prepayments and other financial entries are complete. Prepare variance reporting and analysis for month-end review and understand drivers behind differences
• Complete thorough and robust balance sheet reconciliations monthly.  Prepare monthly balance sheet reporting.
• Review and approve payments and bank reconciliation, including cash forecasting
• Prepare year end management accounts in SAP and assist with the preparation of the statutory financial statements and disclosures.  Ensure any year-end adjustments are correctly posted and communicated as required. Provide data for the preparation of the corporation tax computation and statutory disclosures.
• Work on the monthly intercompany process, helping to prepare monthly intercompany reconciliations, posting and raising intercompany invoices and arranging intercompany payments.
• When required, assist with the preparation of the monthly VAT return, EC sales list and Intrastat submissions
• Work on the interim and year end audit processes and, which may include providing timely, accurate and concise lead schedules and responses to audit queries.

Business Partnering responsibilities:

• Work with the Management Accountant to prepare accurate, concise and user-friendly month end packs, including relevant and insightful variance reporting to budget and forecast for P&L and balance sheet.
• Create concise, user-friendly cost centre reviews and discuss these with cost centre managers to monitor and control costs. The role holder should use their knowledge and experience to challenge costs and highlight potential future issues, driving up profitability.
• Utilise knowledge of the business to prepare detailed and accurate budgets and forecasts, and to support business decision making.
• Work with colleagues in finance and the wider business to ensure accuracy and efficiency in all that you do.
• Ad hoc variance reporting should also be prepared as required.

Ad Hoc Accounting tasks:

•  Other ad hoc and regular tasks / reporting as required by the  Management Accountant/ Financial Controller/ FD/ HQ

Qualifications –

Fully or partly CCAB qualified (e.g. ACCA or CIMA)

Skills and competencies –