Role purpose
The Management Accountant is a key member of the finance team and will be responsible for preparing the monthly management accounts for the UK firm, Marks & Clerk LLP, as well as the preparation of the monthly management accounts for the group, Marks & Clerk International. Principal accountabilities will include analysing, preparing, posting management information for the accurate production of the management accounts and is a key point of contact between Finance and the wider business.
Principal responsibilities
The principal responsibility for the Management Accountant is the preparation and delivery of the monthly management accounts, the yearly budget process and business partnering. This includes;
Management Accounts
1. Analysing, preparing and posting management account information. To include;
2. Identifying, calculating and posting of monthly accruals and prepayments for the UK business
3. Assisting in ad-hoc monthly journal identification, posting and analysis where required
4. Variance analysis and exception reporting, discussing with the wider business as appropriate
5. Actively engaging with budget holders to understand variances against budget
6. Updating and drafting monthly management account documents
7. Production of consolidated management accounts for the international firm, ensuring all significant variances are understood and explained
8. To work closely with the Group Accounting Manager and other Finance team members to ensure accurate and timely reporting of UK management accounts
9. Engage with the wider Finance team to ensure prompt reporting of information and analysis for inclusion in the management accounts
10. Work proactively with Group Accounting Manager and Senior Finance Manager to drive financial analysis in order to add commercial value to the business
11. Prepare other ad-hoc analysis and reporting as requested by the Finance Partner and Group Finance
Business Partnering
12. Proactively engage with business partners to add value to the partnership
13. Provide accurate and timely finance data to support key decisions
14. Preparation of ad-hoc business analysis and presentations for The Group Accounting Manager and senior finance management
Budget Preparation
15. Work proactively with the Group Accounting Manager and key stakeholders to prepare UK budget and associated commentary for distribution to the UK Board and wider UK Partnership.
16. Lead meetings with the key UK stakeholders for elements of the budget including cooperation team leaders, client relationship managers, office managers and heads of group functions
17. Review and challenge both UK and International Associated Firms yearly budget submissions, requesting further information and explanation where necessary
18. Consolidate budgets from individual Associated Firms providing analysis of key variances and collaborating with the Group Accounting Manager to produce the budget commentary for the international business
19. Preparation of template management accounts for overseas firms following budget sign off
The firm is currently implementing a new ERP system. The Management Accountant, working under the guidance of the Group Accounting Manager, will play a key role in this transition. Responsibilities will include:
20. Designing a robust budget code structure aligned with the general ledger
21. Contributing to the design of management accounts and validating system-generated reporting outputs
22. Testing system journals and ensuring accurate and compliant postings
Technical knowledge, professional qualifications and experience
23. A minimum of 2 years experience in a finance / accounts related role
24. Part-qualified ACCA/CIMA/ICAEW or similar
25. Strong IT skills; literate with Excel (lookups and pivot tables), Word and other reporting tools
26. Exemplary attention to detail
27. Excellent organisational and administrative skills
28. Experience of working to deadlines
29. An effective and proactive team member
30. Excellent communication skills; willingness to listen to others and ask relevant questions
31. Knowledge and experience of business / finance procedures
Remuneration and benefits
32. Competitive salary dependent on qualification and experience
33. 26 days’ annual holiday, plus statutory holidays
34. Hybrid working (minimum of 2 days in the office)
35. Contributory pension scheme
36. Life assurance
37. Private medical insurance
38. Permanent health insurance
39. Reimbursement of membership fees to professional bodies required for the role
Job Requirements
40. Part-qualified ACCA/CIMA/ICAEW or similar
41. A minimum of 2 years experience in a finance / accounts related role
42. Strong IT skills; literate with Excel (lookups and pivot tables), Word and other reporting tools