Group Management Accountant

Job title:

Group Management Accountant

Company

Mpac Group

Job description

The Position – We are looking for a Group Management Accountant to embark on a rewarding journey with us at Mpac, where your passion for quality and teamwork will thrive! The role is key to the Group’s management reporting, cash management, consolidation and budgeting process, driving improvements, ensuring accurate and efficient reporting. You will be responsible for managing the group consolidation and cash reporting systems. The ideal candidate will have a strong background in finance, sound communication skills & a proactive approach to problem solving. This role is a hybrid role based out of our head office in Coventry.Team Mission – Our mission is to create automation ecosystems that enhance the manufacturing world to adapt and grow, effectively and efficiently. We pride ourselves on our exceptional service, Our integrity & drive make us stand out from the crowd. Our collaborative approach fosters an environment of growth & innovation, built upon a solid foundation of industry-leading standards, alongside a diverse team and their expertise.This role is a great opportunity to develop your proven ability to produce numbers a step further & transform the into reporting which delivers real information. This is not an opportunity to just add it up and pass it on – you’ll be explaining what the reports mean, challenging assumptions and making sure positive actions are taken to resolve issues. The right candidate will be developing new reports and evolving the existing reports to get better decisions, faster.Core functions & deliverablesGroup Consolidation process -Take full ownership of the group consolidation process via Tagetik, ensuring understanding, accuracy and consistency across all financial data, overseeing instructions, integrity assurance, user training and system development. Responsibility for the monthly reporting, budgeting and forecasting processes.Cash flow and forecasting – Prepare and analyse the group cash flow and 13-week cash forecast, ensuring accurate cash management and forecasting. Ensure the cash impact on projects, both won and proposed, are fully understood through out the project life cycle, identifying the weaknesses challenges and risks, modelling and reporting upon them. Track and report on working capital, developing automated reporting processes for improved efficiency.Site reporting analysis – Analyse and review site specific financial reports, challenging key themes and issues arising from the data, provide explanations and insight into variances and trends. Review and ensure completeness of submissions from all sites, ensuring the integrity of the reported data.Reporting pack preparation – Prepare and present monthly reporting packs for the Board and Executive Leadership Team.Group annual budget reporting including owning the group’s budget process, ensuring timely planning, accurate reporting formats and effective communication with all stakeholders. Manage the consolidation through multiple budget cycles. Deliver all aspects of the budget reporting from financial statements through to the information required to understand the opportunities and challenges.Management of the group consolidation system, including:System maintenance and support – Responsible for maintenance of the application, including user and administrator documentation. Lead the development and improvement of the system output, integrating with other group systems to enhance reporting efficiency and reliability. Collaborate with the Group BI & Systems Accountant to ensure the system delivers effective and reliable reporting. Drive the integration of ad-hoc or informal reporting systems in the main reporting system. Contribute to the development of a standardised financial operating model for sites.Training and user development – Deliver user training and ensure the team is well equipped to use the system effectively. Implement changes to reports, entities, logic, categories and organisational structures as necessary.Treasury & Banking, including:Bank guarantee reporting – report on the utilisation of bank guarantee facilities on a monthly basis, ensuring accurate financial tracking.Covenant calculation development – continuously develop and enhance the automated covenant calculation process, improving financial tracking and reporting accuracy.Cash utilization management – Development of processes to manage and control cash utilization as cash pooling is implemented.Internal control and internal audit – participate in internal audit visits and projects, ensuring the group adheres to financial controls and procedures. Prepare internal audit reports for discussion with management. Collate, consolidate and challenge the results of internal control returns.Other ResponsibilitiesAd-hoc projects – provide support for acquisitions and integration processes, ensuring smooth transitions and financial alignment. Offer direct site support, helping to resolve financial or operational issues. Assist with employee onboarding and support when needed.Essential requirements of the roleExperience as a management accountant in industryHave experience with a consolidation systemHold a full ACCA, CIMA or ACA qualificationBe happy to be in our Coventry office at least 3 days per week.Hold a full driving licence.

Expected salary

Location

United Kingdom

Job date

Wed, 05 Mar 2025 08:28:34 GMT

To help us track our recruitment effort, please indicate in your email/cover letter where (tendersglobal.net) you saw this job posting.