Management Accountant

Prepare and report on monthly management accounts.

Undertake an analytical review of the Financial Performance on a quarterly basis.

Prepare draft statutory accounts for auditors.

Liaise with auditors to provide all the information that they require to carry out the audit.

Prepare annual budget

Attend the Management Meeting and offer support/raise concerns on the annual budget, highlight opportunities to improve profitability, and analyse service performance

Identify and raise any financial risks to the business at the weekly Management Meeting.

Analyse the total contractor sales and margin by client and contractor and reconcile to the Sage Profit & Loss Account

Sales Ledger for the month is closed down and invoice finance month end reconciliation completed

Drawdown from invoice finance to ensure sufficient funds are in place to meet all payment out of the current account

Monitor cashflow to ensure all payments are covered by invoice finance drawdowns.

Ensure the headroom on the invoice finance facility is maximised.

Review and approve all payments made through the current account – contractor payroll, PSC contractor and overhead invoices.

Reconcile and submit the monthly PAYE/NI Payment

Prepare, reconcile and submit the quarterly VAT return electronically.

Ensure all actions against the M.A. in the Finance Calendar are completed by the identified date.

Calculate Class 1A NIC’s on medical insurance benefits (tax paid through payroll) and arrange payment.

Prepare and submit PSA (in respect of any staff entertainment paid by the company) to HMRC for each tax year and pay PAYE/NI due.

Liaise with Parent Company and Tax Accountants on calculation of Corporation Tax and pay as required.

Complete and submit requests from the Office for National Statistics

Quarterly ITEPA report is prepared and submitted to HMRC by the 5th of the second month following the calendar quarter.

Review the current linkage between ERP and Sage to ensure correct analysis of sales and cost of sales for reporting purposes.

Ensure finance processes are fully documented for the Management Accountant role, updated where necessary and reviewed regularly.

Ensure adherence to all internal financial policies, procedures, and statutory regulations. Identifying and managing risks, aligned to the ISO 9001 Quality standard.

Supervise all Finance staff, identify any problems encountered and formulate and apply solutions

Carry out regular reviews with staff to review problem areas and discuss possible improvements

Ensure there is cover for all key tasks carried out by the Finance Team.

Proactively recommending and implementing improvements to financial systems, policies, and working practices to increase efficiency.

Required Qualifications/Work Experience for this role

Accountancy qualification and/or experience of group reporting preferred.

Strong interpersonal skills, ability to work under pressure and a proactive “can-do” attitude.

Experience of managing a finance team is preferred, but not essential

Experience of reviewing and streamlining financial systems and reporting that align with the organisations overall business strategy.

Ability to analyse financial issues that arise and to provide sound and effective solutions.

Excellent communication skills and attention to detail.

Office Based (Parking available) – Full time – 08.30am – 4.30pm (M-Thu) & 08.00am – 4pm (Friday) with the possibility of working 1 day from home on completion of a successful probationary period