Management Accountant
other jobs Antony James Recruitment Ltd
Added before 2 Days
- England,Yorkshire and The Humber,West Yorkshire,Leeds
- full-time
- £40,000 - £50,000 per annum
Job Description:
Antony James Recruitment Ltd are delighted to have partnered with a growing commercial client located near the Leeds City Centre in recruiting a Management Accountant. Reporting into the Finance Manager you will play a key role in providing accurate financial insights, supporting decision-making, and improving financial performance within the manufacturing environment. This position offers an exciting opportunity to contribute to operational efficiency, cost management, and profitability in a fast-paced industry.
Key Responsibilities:
*Cost Analysis & Control: *Prepare and analyse standard costings for products, ensuring accurate valuation of inventory.
*Identify cost-saving opportunities and provide recommendations to improve operational efficiency.
*Perform variance analysis to compare actual costs with budgeted or standard costs and report on significant deviations.
*Financial Reporting & Forecasting: *Prepare monthly management accounts, including income statement, balance sheet, and cash flow statements, ensuring accuracy and timely submission.
*Develop and maintain accurate financial forecasts, including profit and loss, balance sheets, and cash flow projections.
*Present monthly financial performance to senior management with clear explanations of variances and insights for corrective actions.
*Budgeting & Planning: *Assist in the preparation of annual budgets, including departmental budgets for manufacturing and production operations.
*Track and monitor budget performance and provide management with regular updates on financial progress against budget.
*Inventory Management: *Oversee inventory valuations and perform regular inventory audits.
*Work closely with the production team to ensure optimal inventory levels, reducing both excess inventory and stockouts.
*Productivity & Efficiency Analysis: *Analyse production costs, monitor productivity, and identify opportunities for process improvements.
*Support the manufacturing team with financial data to assist in efficiency improvements and decision-making.
*Internal Controls & Compliance: *Ensure compliance with financial policies, internal controls, and accounting standards.
*Assist in audits, both internal and external, and provide necessary financial data and documentation.
*ERP System Maintenance & Reporting: *Maintain and improve financial reporting systems and processes, ensuring accurate and timely data capture.
*Support the finance team in the implementation and optimisation of ERP software specific to manufacturing.
*Ad-hoc Analysis & Projects: *Participate in special projects such as capital investment appraisals, cost-benefit analyses, and cost modelling.
*Provide financial support to manufacturing and operations teams for decision-making and strategic planning.
Qualifications:
*Education: A degree in Accounting, Finance, Business, or a related field is required. Professional qualification (CIMA, ACCA, ACA) or equivalent is highly desirable.
*Experience: Minimum of 3 years of experience in a management accounting role, preferably within a manufacturing or production environment.
*Skills: *Strong understanding of cost accounting principles and manufacturing processes.
*Proficient in financial modelling, budgeting, and forecasting.
*Advanced Excel skills and experience with ERP systems (SAP, Oracle, etc.).
*Analytical mindset with the ability to interpret and communicate financial data to non-financial managers.
*Strong attention to detail and accuracy, with the ability to meet tight deadlines.
Personal Attributes:
*Strong communication skills and the ability to work collaboratively across departments.
*Proactive approach to problem-solving and decision-making.
*Ability to thrive in a fast-paced, dynamic work environment.
*A team player with a positive, can-do attitude.
Key Responsibilities:
*Cost Analysis & Control: *Prepare and analyse standard costings for products, ensuring accurate valuation of inventory.
*Identify cost-saving opportunities and provide recommendations to improve operational efficiency.
*Perform variance analysis to compare actual costs with budgeted or standard costs and report on significant deviations.
*Financial Reporting & Forecasting: *Prepare monthly management accounts, including income statement, balance sheet, and cash flow statements, ensuring accuracy and timely submission.
*Develop and maintain accurate financial forecasts, including profit and loss, balance sheets, and cash flow projections.
*Present monthly financial performance to senior management with clear explanations of variances and insights for corrective actions.
*Budgeting & Planning: *Assist in the preparation of annual budgets, including departmental budgets for manufacturing and production operations.
*Track and monitor budget performance and provide management with regular updates on financial progress against budget.
*Inventory Management: *Oversee inventory valuations and perform regular inventory audits.
*Work closely with the production team to ensure optimal inventory levels, reducing both excess inventory and stockouts.
*Productivity & Efficiency Analysis: *Analyse production costs, monitor productivity, and identify opportunities for process improvements.
*Support the manufacturing team with financial data to assist in efficiency improvements and decision-making.
*Internal Controls & Compliance: *Ensure compliance with financial policies, internal controls, and accounting standards.
*Assist in audits, both internal and external, and provide necessary financial data and documentation.
*ERP System Maintenance & Reporting: *Maintain and improve financial reporting systems and processes, ensuring accurate and timely data capture.
*Support the finance team in the implementation and optimisation of ERP software specific to manufacturing.
*Ad-hoc Analysis & Projects: *Participate in special projects such as capital investment appraisals, cost-benefit analyses, and cost modelling.
*Provide financial support to manufacturing and operations teams for decision-making and strategic planning.
Qualifications:
*Education: A degree in Accounting, Finance, Business, or a related field is required. Professional qualification (CIMA, ACCA, ACA) or equivalent is highly desirable.
*Experience: Minimum of 3 years of experience in a management accounting role, preferably within a manufacturing or production environment.
*Skills: *Strong understanding of cost accounting principles and manufacturing processes.
*Proficient in financial modelling, budgeting, and forecasting.
*Advanced Excel skills and experience with ERP systems (SAP, Oracle, etc.).
*Analytical mindset with the ability to interpret and communicate financial data to non-financial managers.
*Strong attention to detail and accuracy, with the ability to meet tight deadlines.
Personal Attributes:
*Strong communication skills and the ability to work collaboratively across departments.
*Proactive approach to problem-solving and decision-making.
*Ability to thrive in a fast-paced, dynamic work environment.
*A team player with a positive, can-do attitude.
Job number 1762057
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Company Details:
Antony James Recruitment Ltd
Company size: 20–49 employees
Industry: Recruitment Consultancy
With a combined experience of more than 30 years, Antony James Recruitment is a boutique agency, adept at providing innovative, creative and flexible ...