Management Accountant

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-.: UK00921

Schedule type:
Full Time Contract Type:
Permanent Full-TimeWHAT WE ARE LOOKING FORManagement Accountant Telford | Hybrid, 3 days in the office | 37 hrs per week, Perm | Finance About UsRheinmetall BAE Systems Land (RBSL) is a defence engineering company based in the UK. We design, manufacture and support military vehicles used by the British Army and international customers.

Position Overview This role acts as a critical link between the finance function and wider operational stakeholders. The successful candidate ensures robust financial controls, manages complex defence contract compliance, and provides strategic financial analysis to aid senior leadership decision-making across costbase, stock, investments, and costing/pricing rates.

What Will You Do Financial Control & Reporting Maintain absolute integrity of accounts within your area of responsibility by strictly adhering to Company Financial Policies.

Deliver accurate data during reporting processes to help senior leaders understand the cost base, stock levels, and rates.

Partner with cost centre managers to close out financial positions efficiently around key financial reporting milestones. Rolling forecasts for costs, cash and headcount within these areas, managing accruals and prepayments and balance sheet account reconciliations and action plans where appropriate.

Defence Compliance & Rates Establish working relationships with the Ministry of Defence (MOD) and the Cost Assurance and Analysis Service (CAAS).Support the calculation, negotiation, and agreement of business charging rates with defence auditors.

Build financial forecasting models to calculate forward-looking and actual overhead rates, direct labour rates, and material handling.

Review internal overheads and labour costs to ensure they strictly meet the Allowable Costs statutory guidelines (Appropriate, Attributable and Reasonable)
Business Partnering & Planning Liaise directly with cost centre managers to provide financial insights that identify operational opportunities and vulnerabilities within costbase. Rolling forecasts for costs, cash and headcount within these areas.

Drive the mid-term planning process by applying constructive challenge to inputs.

Inventory & Stock Management Uphold and maintain company inventory policies through regular, rigorous reviews.

Valuation accuracy alongside calculation of Net Realisable Values (NRV) and Moving Average Prices (MAP) while actively managing excess, surplus and slow-moving stock.

Investments Review and analyse business cases, project proposals, and capital expenditure requests. Perform financial modelling, including Net Present Value (NPV), Internal Rate of Return (IRR), and payback period calculations, to support investment decision-making.

Oversee the end-to-end recording of fixed asset acquisitions, tracking, depreciation, amortization, impairment testing, and disposals. Ensure all asset transactions are accurately processed in the ERP system.

Monitor Capital Work-in-Progress accounts.

Prepare monthly, quarterly, and annual fixed asset schedules, roll-forward summaries, and depreciation forecasts. Provide variance analysis explaining differences between actual capital expenditures, forecasts, and annual budgets.

WHAT QUALIFICATIONS YOU SHOULD HAVE Experience of working in manufacturing/defence environments.

A recognised accounting designation or working towards or extensive Qualified By Experience (QBE)

Experience of Software-as-a-Service (SaaS) and cloud computing arrangements (distinguishing between capitalizable configuration costs and operational expenses) IFR
16, IAS 16 and IAS 38 Hands-on proficiency with enterprise software suites such as SAP (specifically FI/CO modules)
The confidence and diplomatic skill to review budget inputs from operational managers or cost centre managers, question assumptions objectively, and enforce financial discipline WHAT WE OFFER YOURBSL strives to be an employer of choice and to foster a culture in which our employees are supported to build a career they can be proud.

Through our contracts to deliver world-class products and support services, we offer great opportunities for personal development and career advancement via specialist technical roles, essential support functions, and broader leadership  addition, RBSL offer:

Competitive salaries reviewed each year against market rates

Annual bonus incentive scheme for all employees
37 hours over 4.5 days working week Employer pension contributions up to 10%
Hybrid and flexible working

Life assurance cover5 weeks holiday plus bank holidays

Holiday purchase scheme

Health cash plan Salary sacrifice benefits including cycle to work and electric vehicles schemes

Access to high street and gym discounts and cashback

Long Service rewards with additional holiday

Enhanced maternity and paternity benefits

Free access to onsite gymCONTACT INFORMATION Contact Person:
Iwona Kurpiewska
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