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Management Accountant (Manufacturing)

Elevation Recruitment Group
Closing date
25 Oct 2021

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Contract Type
Full Time
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Elevation Accountancy & Finance are pleased to be working with a successful Manufacturing group with a turnover of over £150 Million as they look to recruit a newly qualified Management Accountant for their Rotherham-based offices. The ideal candidate will have previously worked within the manufacturing industry.

The purpose is to provide and analyse management information for the business including challenging assumptions and performance where appropriate as well as providing continuous improvement towards the development of financial and related systems.

This will be a challenging and highly diverse role with duties to include:-

Management accounts
*Preparation of specific parts of the monthly management accounts (including at least one business unit and central cost centres) in accordance with established procedures. To be completed within agreed reporting timescales
*Preparation of other elements of the monthly accounts (including group reporting) in accordance with established procedures and timescales
*Monthly review, analysis and commentary of the accounts prepared by the job holder to identify reasons for variances and following up with other departments actions that need to be taken. Challenge business performance and develop data to allow this. Reporting back to the business on results and plans/forecasts
*Understand the business cycle of the relevant departments in terms of what is being produced (and how) and what is sold which would include regular visits to the plant to recognise the impact of production methods on the figures
*Ensure the accuracy of standard costing systems, including a minimum annual review of the product standards involving liaising with production colleagues to ensure that product costing reflect the reality of what is happening on the factory floor
*Ensure product codes and business reporting structure is at a required level to properly and fairly report the business area's gross margins
*Provide finance support to the allocated business areas including weekly review of costs with the operations team and review of product profitability
*Weekly critical review of flash estimates made by the allocated business area to ensure that they have been produced on a reasonable basis
*Continuous identification when improvements can be made within the finance department, in other departments and the company's computer systems
*Preparation of annual budgets and interim reforecasts. To include bridging between current and prior budgets / reforecasts and critical review of budgets to ensure that variances are explained and correct
*Provide support on preparation of capex proposals, ensuring that the financial justification has been prepared on an appropriate basis and can be substantiated. Review of the overall capex proposal ensuring consistency, accuracy and clarity to the professional standards required
*Ability to maintain the fixed assets register as required including posting of depreciation and addition of new capital projects
*Involvement in the day to day operation of accounting systems to ensure continuous improvement
*Review of existing systems documentation looking to implement / improve / update
*Assist in foreign currency hedging and cashflow preparation
*Preparation of VAT returns and intrastat reporting to required timescales
*Completion of national statistics forms
*Assist with system administration tasks (e.g. exchange rates)
*To carry out any other tasks requested by the Financial Controllers & Finance Director

The successful candidate will need to be able to demonstrate the following skills and experiences:

*Qualified CIMA/ ACA/ ACCA
*Experience in the manufacturing sector
*Able to effectively work to and meet strict deadlines
*Be able to build relationships at all levels
*A high level of attention to detail
*Good business acumen
*Good problem solving abilities and a self-starter

This is a great opportunity to join a continually growing and successful business. They are looking for someone who is both operationally and commercially astute who is approachable and has an ability to interact with financial and non-financial stakeholders.

Elevation Accountancy & Finance focuses on the recruitment of talented Accountancy and Finance professionals across all levels, from entry-level trainees through to post qualified accountants
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