Working Hours
Monday to Friday: 9am – 5pm (35 hours per week). (Hybrid working available after the completion of the probation period)
Job Title
Management Accountant
Position & Contract Type
Full-time, 1 Year Fixed Term Contract
Functional Area
Corporate Division
Reporting to
Finance Manager – Corporate Division
Office Location
Stockley Park – UB11 1ET
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.
Responsibilities
Financial Reporting & Analysis
* Analyse financial performance and provide commentary on variances to support management understanding and decision making.
* Monitor key performance indicators (KPIs) and identify trends.
Budgeting & Forecasting
* Assist in the preparation of annual & quarterly budgets and financial forecasts.
* Track actual performance against budgets and investigate discrepancies.
* Provide recommendations to improve financial outcomes.
Cost Control & Profitability
* Conduct cost analysis and identify cost-saving opportunities.
* Support pricing strategies and profitability analysis.
* Support Finance Manager with monitoring of departmental spending and ensure alignment with budgets.
Business Partnering
* Work closely with department managers to provide financial insights.
* Support decision‑making with financial modelling and scenario analysis.
* Communicate financial information clearly to non‑finance stakeholders.
Compliance & Controls
* Ensure compliance with accounting standards, regulations, and internal policies.
* Maintain strong financial controls and procedures.
* Assist with internal and external audits.
Process Improvement
* Identify and implement improvements in financial processes and systems.
* Support automation and efficiency initiatives.
Required Skills
* Good communication and presentation skills.
* Proficiency in Excel and basic IT and database concepts.
* Strong analytical and numerical skills.
* Good commercial and financial awareness.
* Reliable team player who also demonstrates the ability to work independently.
* Enjoys working closely with others in a multicultural environment.
* Ability to manage priorities.
* Attention to detail.
* Initiative and problem‑solving attitude.
* Excellent customer service attitude (internal/external).
Qualifications & Experience
* Bachelor’s degree in Accounting, Finance, or related field.
* Professional qualification (ACCA, CIMA, ACA or equivalent).
* Proven experience in Management Accounting or similar role.
* 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.
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