Management Accountant
- Salary: £36,900 - £38,900
- Location: Stanmore
- Job Type: Permanent, Full-time
We are seeking a Management Accountant to provide first-class financial service to all stakeholders of the college, enabling informed decision-making throughout the organisation. This role is integral to the financial health and strategic planning of the college.
Day to Day of the Role:
- Prepare monthly management accounts and detailed forecasts within strict deadlines.
- Conduct monthly variance analysis and prepare cost centre management accounts.
- Engage with College budget holders to analyse spend and funding sources.
- Review and reconcile month-end balance sheet entries, addressing any irregularities.
- Manage treasury functions and cash flow forecasting to ensure the College's financial sustainability.
- Finalise annual financial statements in accordance with sector and statutory requirements.
- Develop and maintain budget production and management systems.
- Manage the finance system, ensuring accurate financial reporting and year-end processes.
- Assist in preparing College budgets and three-year financial forecasts for submission to relevant bodies.
- Address statutory requirements, including VAT compliance and timely VAT return submissions.
- Produce regulatory body returns and ensure submissions meet deadlines.
- Develop financial training strategies for non-financial managers to support budgetary management.
- Manage the College's financial procedures and fixed asset register.
- Reconcile actual pay costs to payroll reports for accurate management information.
- Assist in managing the College's capital bid reporting and project delivery.
- Act as a deputy for the Director of Finance, including as the main point of contact for auditors.
Required Skills & Qualifications:
- Proven experience in preparing management accounts and financial statements.
- Minimum of Level 4 Accountancy Qualification
- Strong understanding of budgeting, forecasting, and financial analysis.
- Knowledge of statutory accounting standards and VAT regulations.
- Proficiency in financial systems and Excel.
- Excellent communication skills for engaging with stakeholders and providing financial training.
- Ability to manage multiple tasks and meet strict deadlines.
- Previous Experience working in Finance/Management Accountant in Educational Setting.
- A commitment to upholding health and safety, equal opportunities, data protection, safeguarding, and sustainability practices.
Benefits:
- Competitive salary package.
- Opportunities for professional development and training.
- A supportive and collaborative working environment.
Reed Further Education is committed to safeguarding and promoting the welfare of children and young people and expects all staff to share this commitment by undergoing a 2 year' employment check and a DBS Application, completing mandatory training within 6 weeks of your first assignment and annually thereafter.
Thank you for your interest in working with Reed Further Education. We look forward to hearing from you soon.