Management Accountant

Employer
Merit
Location
UK
Salary
Competitive
Closing date
6 May 2021

View more

Sector
Accountancy
Contract Type
Permanent

Job Details

Merit is an award-winning design, engineering and construction company. Services to our clients range from new build construction, high-end office fit out, GMP cleanrooms, process services, laboratories and warehousing. Key to our success is listening to our client's requirements and understanding every detail of the design and construction process. From concept through to commissioning, validation and handover, we use expert resources including in house estimating and design teams to consistently deliver high quality facilities. We also self-perform critical work packages including cleanroom installation and M&E services installation.

The business also operates a fabrication facility, based in Cramlington, Northumberland, which supports all the business streams providing prefabricated plant and pipework.

Further company information is detailed on the Merit website www.merit.co.uk

Purpose

This is a key role in the finance team that is responsible for a significant number of tasks, there will be staff to assist but responsibility will remain with the Management Accountant, the general responsibilities are:

  • Take responsibility for the preparation of the Group's consolidated, detailed project by project, management accounts and have a significant involvement in financial planning and analysis.
  • Ensuring completeness for all information processed to ensure accurate and timely information for contract costs and sales on the system.
  • Maintain, demonstrate and record a high standard of quality.
  • Report and recognise any early indications of any Financial issues on contracts to members of the board.
  • Have a sound accounting knowledge in order to provide advice to the wider finance team and none finance personnel when required.


Specific Duties and Responsibilities



Specific duties will include:

  • Produce detailed and consolidated monthly management accounts to the gross profit level.
  • Build relationships with all senior members of the Merit Project staff throughout the UK to promote how financial information is a key indicator on running a contract on all Merit sites
  • Assist with the annual audit providing information required in a timely manner.
  • Convey and follow up on recommendations of financial reporting best practice or auditor recommendations.
  • Maintenance of live, finished and new contracts within the CIS Project costing and Sage 200.
  • Inputting monthly actual sales and costs into the Business Plan model.
  • Involvement in the budgeting and forecasting process
  • Providing a support service by working with all departments and the management team to help make financial decisions
  • Continue to monitor and evaluate financial information systems and suggesting improvements where needed
  • Assist the Financial Controller where necessary
  • Running any reports as required by the board from the accounting systems
  • Various Ad hoc financial duties as required by the board
  • Run the accounts function for a small logistics and distribution company.
  • Integrate into the project team, as does the project accountant, to provide financial input to the ongoing projects and their performance. This involves gaining a solid understanding of the project and what the company are delivering in completing it.
  • Gaining knowledge of the pricing systems that the company use in order to maintain budgets on any given project. Liaising with the purchasing department so that they understand their budget levels.


Skills & Experience Required


  • Qualified accountant (ACMA, ACCA, CIMA or equivalent).
  • Experience of preparing reports, budgets, commentaries and financial statements.
  • Ability to undertake financial administration and internal audits.
  • Ability to control and forecast income and expenditure.
  • Produce detailed and consolidated monthly management accounts to the gross profit level.
  • Excellent interpersonal and relationship building skills.
  • Strong spreadsheet skills.
  • Organisational skills to deal with a demanding workload which will include conflicting time requirements


Merit as a company is very fast paced and the successful individual would need to be able to adapt to this. The management accountant should be a self-starter and always looking for an improvement in the performance of the wider accounts team. Spotting streamlining opportunities would be one of the responsibilities. This would mean understanding and digesting what each element of the accounts function does day to day.

Behavioural Competencies


  • Leadership: Recognises opportunities. Forms a vision of what can be achieved. Challenges self and others to deliver exceptional results.
  • Results Driven : Sorts through complex data; gathers relevant viewpoints. Identifies important issues, thinking through alternatives. Integrates intuition and data, makes well-reasoned conclusions and develops robust plan of action. Recognises developing problems and handles them well. Sets up robust monitoring and anticipates/responds to change with pace and practicality
  • Focus on Excellence : Willing to go the extra mile to exceed expectations. Continually searches for ways to add value and take performance to the next level. Sets high standards and expects the same from self and others
  • Teamwork & Collaboration: Puts aside personal agendas to work for the benefit of the customers and suppliers and other stakeholders. Proactively builds knowledge through sharing knowledge, ideas and expertise with others. Works collaboratively across internal and external functions/people.
  • Customer Focus: Is dedicated to meeting the expectations and requirements of internal and external customers. Actively collects customer information and uses it to improve services and solutions. Manages the experience of customers to ensure long-term relationships are built and maintained.
  • Operational Excellence: Plans and organises work to safely achieve maximum efficiency and output. Recognises the most important issues; makes effective plans; gets resources in place to achieve key objectives. Delivers strong results consistently
  • Honesty & Integrity Demonstrates honesty, integrity, high personal standards and sound business ethics. Builds trust with others through personal authenticity and follows through on commitments.
  • Adaptability: Learns quickly. Adapts positively to changing business and customer demands - is energised by change. Able to adapt and flex own style and approach to suit the
  • circumstance. Demonstrates resilience and capability to handle multiple priorities, pressure and pace.
  • Innovation: Finds new improvement opportunities; generates ways to get better results. Searches out and re-applies proven ideas and methods to new situations. Reviews performance to learn from the past and improve the future.

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