Financial Planning & Analysis; FP&A) Management Accountant

Job Title: Financial Planning & Analysis (FP&A) Management Accountant

Location: Brownhills, UK (Office based)

Responsible to: Group Financial Controller

Key Relationships: Chief Financial Officer, Operations Director, Finance Assistant (Brownhills, UK), Prokurist (based in Germany)

Salary: £45,000 per annum

Company Overview: Xstrahl is a leading designer and manufacturer of superficial orthovoltage X-ray systems used in the treatment of cancers and dermatological disorders, as well as a pioneer in the development of advanced X–ray systems for pre-clinical radiation biology research. The company is headquartered in the UK and has facilities in the Atlanta, Georgia, and also has a small office in Germany.

The majority of its production is exported to over 25 countries. Xstrahl’s customers are mainly hospitals and laboratories.

The Purpose of the Role: Responsible for playing a key role in driving financial performance, profitability and decision-making across Xstrahl Group Holdings Ltd, Xstrahl Ltd, Xstrahl GmbH and Xstrahl Inc. The role is accountable for cash flow forecasting, management information reporting, financial planning and detailed profitability analysis. The role will develop and enhance the organisation's financial reporting capability, providing meaningful insights into system build costs, project profitability, margins and business performance.

In addition, the role works closely with Operations, Sales and departmental managers, to ensure commercial decisions are supported by robust financial information and analysis.

The main accounting responsibilities of this role include, but are not limited to:

• Own the Group's short, medium and long-term cash flow forecasting processes, driving continuous improvements in accuracy, visibility and reporting.
• Support the annual budget and periodic forecasting cycles.
• Develop financial models and scenario analyses to support business planning and decision making.
• Analyse performance against budget, forecast and prior year, providing clear explanations of variances and trends.
• Deliver proactive insight into revenue, margin, working capital and operational performance.

• Produce and continuously enhance the monthly management information (MI) pack for senior leadership.
• Work closely with the Group Financial Controller, CFO and key stakeholders to develop meaningful KPIs and performance reporting.
• Prepare monthly variance analysis and commentary on financial and operational performance.
• Develop dashboards, reporting tools and visualisations to improve understanding of business performance.
• Ensure reporting is accurate, timely and provides actionable insight.

• Lead detailed cost and margin analysis of system builds, projects and customer contracts.
• Work closely with Operations, Engineering, Supply Chain and Sales teams to ensure all direct and indirect costs are captured appropriately.
• Develop reporting to provide visibility of end-to-end contract profitability.
• Analyse product, customer and regional profitability, identifying trends and opportunities to improve performance.
• Support pricing reviews and business cases through robust financial analysis.
• Make recommendations to improve margins, operational efficiency and commercial performance.

• Support the preparation of monthly management accounts.
• Prepare journals, accruals, prepayments and reconciliations as required.
• Review revenue recognition, cost of sales and gross margin performance.
• Assist with month-end, quarter-end and year-end close activities.
• Investigate variances and support the maintenance of strong financial controls.

• Build effective relationships…