THE ROLE
The Management Accountant is a hands-on role central to the daily financial operations of Marine Specialised Technology Ltd. This position involves actively managing the purchase and sales ledger functions, ensuring all supplier and customer invoices are processed accurately and on time. The role requires a proactive approach to handling the detailed, day-to-day financial tasks that keep the company’s financial processes running smoothly, from bank reconciliations to resolving invoice discrepancies. By directly supporting the preparation of management accounts and statutory reports, the Management Accountant plays an essential part in ensuring financial data accuracy and compliance. Working closely with various departments, this role is integral to maintaining transparent, efficient financial operations that contribute to the company’s broader financial goals and organisational success.
SCOPE
This position reports directly to the Head of Group Finance & HR and is an integral part of the finance team, contributing to both daily operational needs and long-term financial strategies. The Management Accountant is responsible for overseeing the purchase ledger, sales ledger, bank reconciliations, and transaction management processes. This role also provides essential support in producing management accounts, statutory reporting, and audit preparations. Additionally, the Management Accountant is tasked with conducting detailed project cost analysis to support financial decision-making. Acting as a key liaison between finance and other departments, the Management Accountant ensures financial processes are smooth and that information flows seamlessly across the organisation. This role demands a proactive approach to credit control, inter-departmental collaboration, and strict adherence to deadlines, reinforcing the financial integrity and efficiency of the company.
RESPONSIBILITIES
Finance Reporting
* Compile monthly management accounts, complete with supporting schedules.
* Ensure compliance with statutory reporting obligations, including timely submissions to HMRC and the Office of National Statistics.
* Maintain accurate financial records within the accounting software to support comprehensive financial reporting.
* Conduct cost analyses for projects to support budgeting and forecasting.
* Assist in preparing the annual audit pack and ensuring audit readiness.
Banking
* Perform daily reconciliations of bank transactions to ensure accurate financial records.
* Monitor goods receipt status and coordinate regular and ad hoc supplier payments.
* Process expense reimbursements and overnight payments, ensuring precise transaction postings.
Transaction Management
* Accurately enter purchase invoices into the Orderwise system, matching details to purchase orders for quantity and price verification.
* Collaborate with suppliers, purchasing, and stores department to resolve invoice discrepancies.
* Manage credit card payments, including monthly reconciliations and ensuring all supporting invoices and receipts are received.
* Oversee petty cash, maintain inter-company reconciliations, and verify supplier statements.
* Prepare and manage accrual and prepayment journals to reflect accurate financial status.
* Issue customer invoices and statements in a timely manner.
* Post monthly journals for accrued and deferred income to ensure correct financial representation.
* Oversee the overhead/travel purchase order mailbox, raising orders and allocating costs appropriately.
* Oversee and manage the accounts mailbox to ensure timely handling of supplier invoices, statements, and queries.
* Undertake balance sheet reconciliations and maintaining supporting documentation.
Credit Control
* Maintain proactive communication with customers to confirm invoice receipt and resolve any issues that may delay payments.
General Support
* Complete tasks efficiently to meet strict deadlines.
* Provide backup for colleagues when necessary to maintain a consistent level of service.
* Take on additional tasks as assigned by the Head of Group Finance & HR
COMPETENCE, KNOWLEDGE AND EXPERIENCE REQUIRED
* Prior experience in a manufacturing environment, with a background in project cost control is a plus
* Familiarity with working in a multi-currency setting
* Advanced proficiency in Microsoft Office, particularly Excel for complex spreadsheet management
* Knowledge of Sage Line 50 and Orderwise (preferred but not essential)
* Holds an AAT qualification or has relevant experience in a similar accounting role
* Strong communication skills, adaptable across all organisational levels
* Ability to work independently, demonstrating initiative and effective time management
* Exceptional attention to detail
* Capable of managing workload under pressure to meet deadlines
* Committed to completing tasks promptly while ensuring accuracy
* Able to uphold confidentiality at all times
* Excellent organisational abilities
* Works well within a team, with a supportive and approachable attitude
* Willingness to assist and support colleagues as needed
The Company
Marine Specialised Technology Limited is one of the world’s leading designers, manufacturers and maintainers of high-speed workboats from 5m to 25m in length for global defence and security markets. Operating from two sites in the Northwest of England the organisation currently employs 145 people and has revenue of £30M.
Job Types: Full-time, Permanent
Pay: £26,000.00-£35,000.00 per year
Benefits:
* Canteen
* Company pension
* Free parking
* On-site parking
* Paid volunteer time
* Sick pay
Schedule:
* 8 hour shift
* Day shift
* Holidays
* Monday to Friday
Education:
* Certificate of Higher Education (required)
Experience:
* Accounting: 3 years (required)
* bookkeeping: 3 years (required)
Work Location: In person
Reference ID: MAN ACC1
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