Management Accountant Manchester, England
Job description
Management Accountant Role in Manchester City Centre
£40,000 - £50,000 Base Salary
We are seeking a highly skilled and detail-oriented Management Accountant to join our dynamic beauty brand. As a Management Accountant, you will play a crucial role in financial planning, analysis, and reporting, providing valuable insights and recommendations to support strategic decision-making within our organization. This position requires a strong understanding of accounting principles, exceptional analytical abilities, and a passion for the beauty industry.
The Benefits
- £40k-£50k (based on experience)
- 25 days holiday
- Hybrid/ Flexible Working
- City Center Office
- Study package
Responsibilities
Financial Planning and Analysis:
- Develop, implement, and maintain financial models, forecasts, and budgets to support the business's strategic initiatives and objectives.
- Analyze financial data, key performance indicators (KPIs), and operational metrics to identify trends, risks, and opportunities.
- Collaborate with cross-functional teams to gather and analyze financial information for various projects and initiatives.
- Prepare comprehensive financial reports, including variance analysis, profitability analysis, and recommendations for cost optimization.
Management Reporting:
- Generate accurate and timely management reports, presenting financial performance and key metrics to senior management and stakeholders.
- Provide insightful commentary and explanations for financial results, highlighting areas of concern, improvement, or potential growth.
- Develop and implement standardized reporting processes and templates to ensure consistency and efficiency across the organization.
- Conduct ad-hoc financial analysis and prepare special reports as requested by management.
Cost Control and Optimization:
- Monitor and analyze product costs, manufacturing expenses, and overheads, identifying areas for cost reduction and efficiency improvement.
- Collaborate with the procurement team to evaluate supplier contracts, negotiate pricing, and optimize purchasing strategies.
- Assist in the development of pricing strategies, ensuring profitability while remaining competitive in the beauty industry.
- Provide support and guidance to operational teams in cost management initiatives.
Financial Compliance:
- Ensure compliance with accounting principles, policies, and regulatory requirements in all financial activities.
- Participate in the preparation of financial statements, audits, and tax filings, collaborating with external auditors and tax advisors as necessary.
- Implement and maintain internal controls to safeguard assets, mitigate risks, and maintain the integrity of financial data.
Cross-Functional Collaboration:
- Collaborate with various departments, including Sales, Marketing, and Operations, to understand business needs and provide financial insights to drive decision-making.
- Work closely with the finance team to streamline processes, enhance financial systems, and improve overall efficiency.
- Provide financial support and guidance to non-financial stakeholders, ensuring accurate interpretation and understanding of financial information.
Requirements
- Bachelor's degree in Accounting, Finance, or a related field. Minimum AAT qualified or studying towards CIMA/ACCA
- Proven experience as a Management Accountant or in a similar financial role within the beauty, cosmetics, or consumer goods industry.
- Strong knowledge of accounting principles, financial analysis, and budgeting.
- Proficiency in financial modelling and forecasting techniques.
- Advanced skills in Microsoft Excel and financial management software (e.g., SAP, Oracle).
- Excellent analytical and problem-solving abilities with a keen attention to detail.
- Strong communication skills to effectively convey financial information to both financial and non-financial stakeholders.
- Ability to prioritize tasks, meet deadlines, and work under pressure in a fast-paced environment.
- Familiarity with regulatory requirements and financial compliance standards.
- A passion for the beauty industry and a desire to contribute to the growth and success of the brand.
Skills/ Qualifications
- Minimum AAT qualified or studying towards CIMA/ ACCA
- Must be proactive with a flexible approach
- Must be able to meet tight deadlines with high level of attention to detail and accuracy
- Positive attitude and desire to grow personally
- Ability to work individually or as an effective team member to meet the finance teams objectives
- Sage Line 50 experience desirable
Join our beauty brand as a Management Accountant and be part of a talented team dedicated to delivering exceptional financial management and strategic insights. Apply your financial expertise to shape the future of our business and contribute to our ongoing success.
Apply now or contact Katy on 07526 941878 to discuss the opportunity further!
Job Type: Full-time
Salary: £30,000.00-£35,000.00 per year
Benefits:
- Casual dress
- Company events
- Company pension
- Flexitime
- Sick pay
- Work from home
Schedule:
- Flexitime
- Monday to Friday
Work Location: In person
