Management Accountant

Norwood recruitment Norwood recruitment Norwood recruitment Norwood recruitment

With around 1250 passionate and committed staff, we deliver high quality services across a spectrum of age, need and ability.

Norwood is as devoted to our staff as we are to the people we look after. We offer a strong career progression, training and support to improve your skills. We have a range of care homes across London, and a major centre in Berkshire, plus our Head Office in North London.

Each and every role in Norwood is an essential part of the vital support services we offer.

Job Description

KEY RESPONSIBILITIES:

Your key responsibilities will include, but not limited to, the following:

1. Management & Financial Reporting:

• Responsible for timely production of management accounts and circulation to the relevant budget holders.

• Ensure reports are accurate and delivered to deadlines with no material errors, omissions or miscoding in the Management Accounts and in variance reports. Also Revenue Expenditure and Capital Expenditure (CAPEX) are monitored against budgets.

• Produce financial KPIs and assist budget holders with its interpretation, seeking regularly explanations for variances.

• Extract information from the integrated financial system and other systems or information sources; develop costing models and commentaries for monthly presentations to key stakeholders.

• Provide financial and other information for project leads as and when required.

• Contribute to all year-end reporting requirements and assist with the reconciliation of balance sheet codes and the preparation of year end accounts.

2. Budgeting, Forecasting and Monitoring:

• Work closely with the Finance Manager, Budget Holders and the Head of Finance in the production of annual budgets and quarterly forecasts.

• Able to explain complex financial issues to non-finance managers, developing their understanding of financial information so as to improve overall effectiveness and empowering them to take full responsibility for their budgets.

• Responsible for reporting on the capital budgets and working closely with the relevant budget holders in ensuring spend is well phased and within approved budget.

• Prepare financial models and additional financial analyses to support the evaluation of any proposed business changes and subsequent implementation.

• Provide verbal advice, written procedures (working with other finance staff) and financial training to budget holders and other relevant staff to enable them to control their budgets and make decisions about the most effective use of resources.

3. Business Partnering:

• Work with Heads-of and other budget holders, contributing to the financial strategic direction of each service area.

• Gain proper understanding of each service area and provide support to budget holders when considering alternative solutions to minimise costs and maximise resources.

• Build and maintain business partnering relationship with budget holders throughout the year, holding at least quarterly budget monitoring meetings.

• Be willing to prepare ad hoc reports and reconciliations to aid decision making process.

• Promote cost efficiencies, lean processes and effective liaison with key stakeholders during budgeting, forecasting and financial planning.

4. Internal controls:

• Provide support to the Finance Manager in ensuring there are effective internal controls in place and be prepared to report promptly breaches in sound financial governance.

• Provide support to the Assistant Accountant and the Finance Manager in ensuring all balance sheet control accounts are reconciled, clearly identifying risks and opportunities.

• Maintain the integrity of Services finances ensuring compliance with appropriate accounting standards, internal procedures, as well as, internal and external audit recommendations. In addition, ensuring audit trails are transparent and complete.

5. Others:

a. Work on other initiatives as deemed fit by the Finance Manager and the Head of Finance.

b. Be an active and supportive member of the Finance department, flexible to undertake ad hoc projects and proactive to suggest better working practices.

ESSENTIAL SKILLS:

• A qualified accountant (CCAB) with experience of working within a finance function of a complex organisation.

• Working knowledge of Microsoft Excel – Intermediate or Advance level.

• Previous experience of Open Accounts is not essential but preferable.

• Experience of budget setting, budget monitoring, periodic forecasting, costing models and producing financial information to non-finance staff

• Highly numerate with ability to analyse numbers critically and extract pertinent information for management.

• Strong attention to detail and the ability to enforce adherence to rules and standards.

• Proactive and committed to their Continuous Personal Development

• Able to use own initiative and manage conflicting deadlines.

• Reliable and possesses good ‘customer service' skills.

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The Details

Salary:
££40,000
Hours:
35
Job Type:
Permanent
Reporting To:
Management Accountant
Location:
Stanmore – Broadway House
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Who Norwood Supports
 

Experience

Essential

•3 years post qualification experience in a multi services, multi site organisation with > 500 employees and annual operating expenditure >

•Industry experience (i.e. outside an accountancy practice).

•Production of management accounts.

•Minimum 2 year experience of supporting business decision making.

Desirable

• Public sector or third sector experience.

• Previous experience of Open Accounts.

 

Qualifications

Essential

•Qualified Accountant (CIMA, ACA, ACCA).

 

Knowledge & Skills

Essential

•Strong excel skills to include pivot tables and lookup functions.

•Personable and confident engaging with cost centre managers.

•Excellent communication skills.

Desirable

•Open Accounts.

•Itrent.

 

Personal

Essential

•Mobile - able to travel to other sites.

•Self starter.

Desirable

•Car owner and user.

 

This job description is not an exhaustive list of duties and responsibilities and is subject to change in accordance with the needs of the service.

This post is subject to an enhanced Disclosure and Barring Service (DBS) disclosure.

Norwood is a Two Ticks accredited employer, this means we are committed to employing people with disabilities.

 
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