Management Accountant

Birmingham, West Midlands
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Management Accountant

c£55k

Halesowen – with hybrid working available

Flexibility 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

Job Info
CV-Library logo
Job Title:
Management Accountant
Company:
CV-Library
Location:
Birmingham, West Midlands
Salary:
£50000 - £55000 Per annum
Posted:
Apr 6th 2025
Closes:
May 7th 2025
Sector:
Accounting, Financial & Insurance
Contract:
Permanent
Hours:
Full Time
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