Middleby UK - Management Accountant
Middleby UK, based in Wigan, is the UK subsidiary of the US-based Middleby Corporation, a global leader in commercial and residential kitchen equipment. We import and supply innovative, energy-efficient equipment manufactured by Middleby brands worldwide, serving restaurants, hotels, cafes, and national chains across the UK. Our cutting-edge products are showcased at the Middleby Innovation Kitchen, where chefs and industry professionals experience live demos and explore the latest culinary technology.
We are looking to recruit an experienced Management Accountant to join our busy and fast-paced team.
This role is about financial and cost control, process excellence and analysis and presentation of management information. This role will suit a self-motivated individual who is able to work largely unsupervised and define their own work schedule and priorities. The jobholder will work comfortably alongside others at all levels, both within the company and the wider Middleby group. The person will be an influencer, with a positive, supportive and value-added approach.
Key Areas of Responsibility
1. Managing the finance department consisting of a Credit Controller and an Accounts Assistant.
2. To produce monthly management/financial accounts in a timely and accurate manner
3. Updating and modernising financial controls, processes, controls & procedures
4. Developing modern and effective MI/KPI reporting suites (delivering full visibility over business performance, efficiency, costs and revenue /profit streams
5. Budget processTake ownership of the annual budget process, developing the input tools for the businessCollate and analyse the complex data from various sources within the company, which feeds into the budget modelAnalyse and present the budget to senior management and to the wider Middleby management teamsPrepare and present bridging analyses explaining changes in the figures from prior years.
6. ForecastingContinuously monitor all aspects of the accounts and provide adjustments to the forecasts where requiredReport on updates and variances to budgets and previous forecasts
7. Take responsibility for Cash Flow Forecasting and Cash Management
8. Working closely with auditors for the production of statutory accounts
9. Variance Analysis
10. Sales and Margin Analysis
11. Complete VAT Returns and all HMRC/Government reporting.
12. Oversee Intercompany reconciliations
13. Take the lead on Capex activities
14. Liaising with departments across the business to support them in managing their budgets and financial planning.
Qualifications, Knowledge and Skills
15. Qualified accountant, preferably CIMA
16. Working knowledge of Sage 50 would be desirable
17. Skilled in the interpretation of complex financial data, being an expert in analysing data using Excel, and most likely familiar with Access or similar applications. Equally important however will be the proven ability to present financial data to financial and non-financial people alike, at all levels of the business.
18. Adept at forming a bridge between Finance and the business to interpret and explain financial data and concepts
19. Display the ability to drill down to detail whilst understanding the bigger picture
20. A thorough understanding of management accounting principles
21. Will preferably have experience of working in a group / multinational organisation and be familiar with working to group reporting standards and deadlines.
Working hours are Monday to Thursday, 9:00am to 5:00pm and Friday, 9:00am to 4:30pm.