Management Accountant
Nomad HR and Recruitment Ltd
Management Accountant
Nomad HR and Recruitment Ltd jobs

Management Accountant

c£55k

Halesowen – with hybrid working available

F
lexibility on whether this is a full or part time position (30 hours+)

The Management Accountant will play a pivotal role in ensuring the financial health and operational efficiency of the business.

Reporting directly to the Managing Director (MD), this role is responsible for the meticulous financial management of individual projects, strategic decision-making, and the generation of insightful financial reports to support the company's goals.

The ideal Management Accountant will have:

  • CIMA certification is essential
  • Proven experience in financial management, ideally within a manufacturing or project-based environment
  • Extensive experience with production control systems, including the ability to configure them to meet financial reporting requirements and a strong understanding of the key concepts and differences in how costs are captured in production control systems versus accounting packages
  • Strong understanding of cash flow management, job costing, and profitability analysis
  • Advanced proficiency in financial software and tools (e.g., Sage, ERP systems, Excel)
  • Exceptional analytical and problem-solving skills
  • High level of integrity and accountability
  • Ability to communicate complex financial information clearly and concisely to non-financial stakeholders

The Management Accountant will be responsible for:

  • Business Critical Areas of Understanding
    • Job costing: Material and labour, stock levels, WIP, finished goods, and inventory control
    • Activity costing, machine utilisation, and depreciation
    • New investment decisions and company structures to maximise return whilst minimising risk
    • Labour rates, cost structures, and recovery rates
  • Financial Management
    • Oversee the financial performance of each custom manufacturing job, including material purchasing, labour costs, and supplier payments.
    • Maintain tight control over cash flow to ensure profitability and operational stability
    • Develop and monitor budgets for individual projects and the overall business
    • Work with external accountant to generate timely audit accounts
  • Reporting and Analysis
    • Generate detailed monthly and annual financial reports, including profitability analysis, variance reports, and forecasts
    • Provide actionable insights to the MD to inform strategic decisions
  • Operational Oversight
    • Collaborate with cross-functional teams to streamline workflows, improve cost efficiency, and support timely delivery of projects
    • Evaluate operational processes and recommend improvements to enhance productivity and reduce waste
  • Strategic Decision-Making
    • Support the MD in financial and operational decision-making
    • Contribute to the development and implementation of business strategies to achieve long-term growth and success

    This role will suit a CIMA qualified Management Accountant from an engineering/ manufacturing background who is detail-oriented, pro-active and results-driven with the ability to build relationships across teams.

    What you will receive in return:

    • Great starting salary
    • Flexibility on part / full time hours from 30 – 37.5hours per week
    • Flexible on start and finish times around core hours
    • Hybrid working
    • Plus the standard holiday and pension

    Our client

    Our client is a small manufacturing company specialising in the production of bespoke industrial machinery for bulk material handling. Every machine is custom-made, requiring precise coordination across purchasing, production, and financial functions. Our team is committed to delivering exceptional quality while ensuring profitability and maintaining efficient operations.

  • Reference: 54795285
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