Association of International Certified Professional Accounta...
Location
Lowestoft, Suffolk | United Kingdom
Job description
Your New Company
Hays Accountancy & Finance are pleased to be partnering with a global player in the offshore energy market in their search for an ambitious Part-Qualified or Qualified Management Accountant to produce detailed management accounts as well as being involved in the costing of projects and reviewing financial contract costs for this manufacturing business.
The organisation has seen huge business growth in the last year due to a recent acquisition, and currently they are working on various projects worth £12m - £20m with more exciting times ahead.
Your New Role
In this newly created Management / Project Accountant job in Lowestoft, you will take the lead on the production of monthly management accounts, which will include checking the finance teams' ledger at month-end close, reviewing and improving internal controls to streamline and improve reporting.
Apart from the standard management pack to include accruals, prepayments, journals and variances on costs, you will support the Head of Finance with detailed forecasting on projected income and project costs.
The project accounting element of your duties will be crucial to this organisation's growth as they have a full order book of projects which, as explained, can be worth up to £20m per project, so this is an exciting opportunity for the right candidate to develop their monthly reporting skills further into project costings in the fast-paced offshore energy sectors.
Previous experience of project costings is not essential as you will be supported by the Head of Finance and Project Managers, but you must be able to demonstrate proven experience in producing detailed monthly management account packs with commentary on variances etc. It is expected you will be an advanced user of Excel as you will be managing large volumes of data to update the project spends and produce detailed financial forecasts.
Included in your role, you will take responsibility for producing detailed cash flow forecasting with a specific focus on any amendments to the project build which may have a direct effect on costs which will have to be agreed and signed-off to ensure correct invoices can be raised and collected.This is the reason we are looking for an all-round commercially aware management accountant who can report on the wider picture of reporting, ideally with a manufacturing or engineering background, but then again, an experienced Management Accountant will understand the core principles of project accounting.
What You Need to SucceedAny experience of project costings would be an advantage, ideally from a manufacturing or engineering background, due to the nature of their projects. However, an experienced Management Accountant will understand the principle of what is required regarding variance reporting, cash flow management, balance sheet, updating the fixed asset register and detailed forecasting, which is crucial to this role.
The business offers an attractive benefits package and a salary of between £38,000 - £45,000 depending on experience, as they will consider ambitious Part-Qualified Accountants who has solid management accounting experience and wishes to develop their costings experience or a Qualified Accountant who has covered a similar role and wishes to support the Head of Finance.
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