Job title:
Management Accountant
Position:
Full-time
Contract Type:
1 Year Fixed Term Contract
Functional area
Corporate Division
Reporting to
Finance Manager – Corporate Division
Office Location
Stockley Park – UB11 1ET
Working Hours:
Monday to Friday: 9am – 5pm (35 hours per week)
(Hybrid working available after the completion of the probation period)
Company Description
Mitsubishi Heavy Industries Air Conditioning Europe, Ltd. (MHIAE) is a company created by MHI for all its HVAC solutions across Europe. MHIAE offers high-efficiency systems for cooling and heating air and water in residential, commercial and industrial applications.
MHIAE works through a network of European distributors and oversees the supply and distribution of its equipment from their factories in Asia to most European countries.
The company has experienced strong growth over the last few years and has plans to continue expanding their sales and range of products in the future.
Job Summary
The Management Accountant will be responsible for providing detailed business analysis to management and various teams within the organisation to help identify profitability drivers and opportunities for growth. The candidate will be involved in the preparation of monthly/quarterly reporting, forecasts of sales, monitoring of margins, forecasting, reconciliations and variance analysis as well as supporting the Finance Manager with various requests. This role may require working to tight reporting deadlines.
The candidate will be expected to have a good understanding of ERP and financial systems and to be able to produce various comprehensive reports.
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Other responsibilities include:
Financial Reporting & Analysis
1. Analyse financial performance and provide commentary on variances to support management understanding and decision making
2. Monitor key performance indicators (KPIs) and identify trends
Budgeting & Forecasting
3. Assist in the preparation of annual & quarterly budgets and financial forecasts
4. Track actual performance against budgets and investigate discrepancies
5. Provide recommendations to improve financial outcomes
Cost Control & Profitability
6. Conduct cost analysis and identify cost-saving opportunities
7. Support pricing strategies and profitability analysis
8. Support Finance Manager with monitoring of departmental spending and ensure alignment with budgets
Business Partnering
9. Work closely with department managers to provide financial insights
10. Support decision-making with financial modelling and scenario analysis
11. Communicate financial information clearly to non-finance stakeholders
Compliance & Controls
12. Ensure compliance with accounting standards, regulations, and internal policies
13. Maintain strong financial controls and procedures
14. Assist with internal and external audits
Process Improvement
15. Identify and implement improvements in financial processes and systems
16. Support automation and efficiency initiatives
Required Skills
17. Good communication and presentation skills
18. While it is not a requirement to have an IT or system background, the candidate needs proficiency in excel and be able to grasp basic IT and database concepts
19. Strong analytical and numerical skills are essential
20. Good commercial and financial awareness
21. Reliable team player who also demonstrates the ability to work independently
22. Enjoys working closely with others in a multicultural environment
23. Ability to manage priorities
24. Attention to detail
25. Initiative and problem-solving attitude
26. Excellent customer service attitude (internal/external)
Qualifications & Experience
27. Bachelor’s degree in Accounting, Finance, or related field
28. Professional qualification (ACCA, CIMA, ACA or equivalent)
29. Proven experience in Management Accounting or similar role
30. Experience with ERP/financial systems
You may be required by the Company to undertake any duties within your skills and capabilities, which the Company considers necessary to meet business needs.