Website Venesky-Brown Recruitment
Venesky-Brown’s client, a public sector organisation in Dumfries, is currently looking to recruit a Management Accountant for a contract until 31st March 2027 on a rate of £325 – £350/day Inside IR35. This role is hybrid based with a minimum 1 day a week in the office.
Responsibilities
– This role is required to deputise for the Divisional Finance Manager, responsible for providing guidance and support to management accounting assistants and co-ordination and prioritisation of workload and responsibilities.
– Overall review of management accounting teams financial information including support to Finance Manager in completion of corporate monitoring information, overall team information and ensuring monitoring timescales are adhered to and all reporting achieved is to a good quality. Review of all budget areas which team is responsible for, completion of variance analysis, ensure all accruals, budget adjustments, monthly reporting is complete for team.
– Responsible for the provision of high quality financial advice and support to General Managers, Heads of Department, Budget Managers and other managers across a range of specialities, departments and localities.
– Providing up to date financial forecasts on year end position in line with the quarterly review of outturn position. Prepare financial projections taking into account known service changes and making appropriate assumptions on financial judgements on the cost of staffing and supplies.
– Preparation of costing information for use in business cases, projects and new developments and ad hoc requests to support managerial decision making.
– To prepare monthly statements for budget managers including both financial and non-financial information, reporting on the current financial position and preparing accurate forecast out-turn projections.
– To provide support and advice to budget managers in managing budgets and financial processes throughout the year, through the provision of timely, quality information, advice and training and through ensuring they are aware of and work within financial policies and procedures.
– Analysis and preparation of schedules to provide accurate costings and annual budgets for budget setting process, to support the production of expenditure plan.
– Produce on a monthly basis for review by Divisional Finance Manager, financial information for the production of budget reports incorporating the following tasks:
– Analysis of variances
– Adjusting and correcting expenditure by journal entry
– Calculation and preparation of accruals journals as required
– Preparation of budget journals
– Identifying funding sources from Board reserves
– Phasing of budget input
– Production and distribution of monthly budget statements
– Reconciliation of budget adjustments processed through ledger to spreadsheet
– Investigation and analysis of transactions processed through financial ledger and payroll system
– Preparation of year end expenditure forecasts on a monthly basis
– Review of budgets throughout the year to ensure they reflect planned service levels and report any variance
– Responsible for the preparation and consolidation of costs and activity data for analysis and financial returns for designated budget area.
– Assist in the preparation, maintenance and review of the statutory annual accounts.
– Required to operate within Standing Financial Instructions (SFI’s) and work in liaison with Internal Audit to support the implementation and operation of robust financial processes with Budget Managers in designated budgetary areas.
– Attend regular budget meetings in role of financial advisor, building relationships with budget holders to ensure agreement and co-operation is reached with them in overcoming barriers of understanding when explaining financial issues to non-finance staff.
– Leads the development of production of the financial management reports of a range of services and departments. This will include attendance at management team meetings and budget meetings as required, engaging with senior management and clinicians.
– Leads the development of the budget setting and development of financial plans for these budget areas. Production of financial plans to reporting timescales and adjustment and development on an ongoing basis.
– Working closely with the budget managers, ensure financial control is maintained within all aspect of their areas of budgetary authority including managing resources within budget and compliance with Standing Financial Instructions.
– Production, coordination and interpretation of accurate and timely financial information to budget managers, Divisional Finance Manager, Deputy Director of Finance and Director of Finance.
– Responsible for supervision of the small team of management accounting staff on a day to day basis including sickness absence monitoring, recruitment and selection decisions, and departmental workload allocation and reallocation.
– Lead on the preparation of monthly budget statements for budget managers, including both financial and non-financial information, reporting on current financial position and preparing accurate outturn projections.
– Deputise for Divisional Finance Manager at Performance reviews as required.
Essential Skills:
– HND or AAT technician level or CCAB or CIMA finalist or equivalent experience.
– Degree or equivalent experience or studying towards a recognised accounting qualification.
– Proven management accounts experience in similar environment.
– Good computing knowledge and good keyboard skills.
– Ability to meet deadlines while working under pressure.
– Extensive knowledge of excel or similar spreadsheet package essential.
– Speed and accuracy are essential.
– Understanding of finance IT systems including reporting hierarchies.
– Staff management experience and/or management qualification essential.
– A detailed understanding of financial processes and frameworks.
– The post holder should demonstrate leadership skills and work effectively as part of a team and be able to produce high-quality work to strict deadlines in a challenging and changing environment.
Desirable Skills:
– Similar environment accounting experience.
If you would like to hear more about this opportunity please get in touch.