Management Accountant

About VIRTUS

VIRTUS Data Centres is the UK’s fastest-growing data centre provider. We own, design, build, and operate some of the most energy-efficient, flexible, and secure data centres in Europe.

In 2023, we announced our expansion into continental Europe, starting with Berlin and Milan, with plans to grow further across the region.

At VIRTUS, we aim to be a positive force in the fourth industrial revolution—delivering innovative solutions while staying firmly rooted in our core values:
Clarity & Quality, Accountability, Customer Commitment, Purposeful Innovation, and Capability & Growth.

We are seeking an experienced Management Accountant to support our Finance Team with our monthly financial reporting responsibilities and implementing best practice in terms of Finance processes, controls and system improvements.

The role will include taking full ownership and responsibility of the monthly management accounts for a subset of operating companies within the Group and business partnering with other departments to improve reporting and budget management.

The role would suit a qualified Management Accountant with 1-3+ years’ of practical post-qualification experience in a Finance team, and someone who is pro-active and forward thinking in driving through change within the Finance Team.

• Provide accurate and timely management reporting to assist with key decision making. This would specifically include:
  • Preparation and review of monthly and quarterly management accounts and KPIs, variance analysis and associated financial commentary for a subset of operating companies within the Group.
  • Reporting of results to key stakeholders in a concise, accurate and insightful manner.
  • Preparation and review of budget packs for the budget holders and developing strong business partnering relationships across the wider business.
• Accountability for month-end tasks completed by the team, including:
  • Review and clearance of intercompany transactions and management recharges.
  • Preparation and review of journals for accruals, prepayments, etc.
  • Preparation and review of P&Ls for a subset of companies
  • Preparation and review of balance sheet reconciliations.
  • Ownership of parts of the month end process
  • Revenue:
    • Preparation and review of journals related to Revenue recognition and ensure accuracy through review with the Senior Group Revenue Manager
    • Ensure all Balance Sheet Reconciliations relating to these Revenue postings are completed and reviewed.
• Input and accountability for key initiatives within the Finance Team including:
  • Assisting the Finance Manager with tracking of system issues and system improvements ensuring resolved in a timely manner
  • Review of accounting processes, controls and documentation, and recommending improvements where necessary to ensure robust and efficient financial operations.
  • Driving change towards process automation to further enhance the control environment and Finance risk management.
• Preparation for interim and year-end audit and interacting effectively with both external auditors and internal auditors in responding to queries.
• Any other reasonable requests made by the UK Finance Manager, Group Financial Controller and/or Head of Financial Reporting and Controls.

• Assisting with the development of a comprehensive and fully documented month end process, reducing time taken to complete month end down to 5-6 Days.
• Assisting with the development of monthly management and investor reports and be able to deliver a high standard of reporting in a time efficient way.
• Help to develop SAP functionality relating to month end to be as automated as possible and documented process notes.
• Demonstrable strong working relationships developed with all VIRTUS departments.

• Accountancy qualification (CIMA or ACCA).

• Strong knowledge and practical experience in usage and development of ERP systems, specifically SAP.
• Sound practical knowledge and experience of finance processes and controls, and interest in continuous process improvement/optimisation.
• Specific and detailed knowledge of IFRS
  15 arising from…