Role: Management Accountant
Salary: £40,000 Per Annum
Location: Role is based in Derby, but we have a flexible approach to hybrid working.
Job Purpose
* Reporting to the Managing Director, and supported by non-exec finance director, you will be the key member of the senior management team.
* You will deliver accurate and insightful financial business management outputs, using commercial analysis, KPI reporting and implementing system and control improvements within set timelines.
* You will use appropriate methods of investigation to identify and resolve account administration issues by providing financial information to aid managerial planning.
* Ideally you will have had experience in a similar retail/ecommerce business.
* You will play a pivotal role in optimising business profitability and the growth of the Active Apparel Group.
Responsibilities will include but will not be restricted to:
Accounts
* Prepare the monthly management accounts, post journals for sales, cost of sales, prepayments and accruals, wages, stock, loans and depreciation and reconcile all balance sheet nominals
* Forecast income and expenditure.
* Working with Buyers, improvement of Purchase Order control process through to GRNs received and invoices processed for payment.
* Reconcile supplier accounts to ensure balances are correct and old items are dealt with accordingly
* Important involvement in the importing of goods from the far east eg VAT, Import Duties
* Involvement in stock takes as required.
* Involvement in potential future restructure and expansion of this division, supported by Business Owner and Head of Finance.
* Understanding stock movements and working with the stock management system reports to provide analysis on stock turnover etc.
* Prepare weekly sales reporting.
Cash
* Approve the weekly and monthly payment runs in line with the agreed cash forecast
* Own the weekly cash flow forecast and discuss with the Managing Director.
* Provide give clarity on the timing of upcoming payments
* With the Head of Finance, Liaise with Business Owners and external funders to raise cash as required
* Understand the cash requirements and profile for container imports.
External Liaisons and Compliance
* With the external accountants, assist in the information for preparation of financial statements and tax returns and Year End processing
* Prepare each company VAT Return ready for the Group Management Accountant to undertake the Group VAT Return.
Budgets
* Provide support during the annual budgeting process
Payroll
* Own the payroll process for all staff. Collating timesheets and HR administration for contracts and pay data.
People
* Manage and develop the Accounts Assistant