Senior Management Accountant

Job Title: Senior Management Accountant
Location: North London - 5 days on site
Salary: £55,000 - £60,000 per annum

Job Type: Full-time, Permanent

Working Hours: Monday to Friday, 5 days on site

Company Overview: We are a leading multi-site care group dedicated to providing high-quality care services. With several locations across North London, we are committed to delivering compassionate and personalized care to our residents. We are seeking a highly skilled and experienced Senior Management Accountant to join our finance team and play a key role in our financial management and reporting.

Job Summary: The Senior Management Accountant will be responsible for producing comprehensive monthly management accounts and taking full ownership of the Profit and Loss (P&L) statements. This role is crucial in providing accurate financial insights and supporting strategic decision-making processes within the organization.

Key Responsibilities:

1. Monthly Management Accounts:

   • Prepare and produce detailed monthly management accounts for multiple sites.
   • Ensure accurate and timely reporting of financial performance.
   • Analyze variances and provide insightful commentary on financial results.

2. Profit and Loss Ownership:

   • Take full ownership of the P&L statements for all sites.
   • Monitor and review revenue and expenditure to ensure accuracy.
   • Conduct regular reviews and reconciliations of financial data.

3. Budgeting and Forecasting:

   • Assist in the preparation of annual budgets and periodic forecasts.
   • Provide financial analysis to support budgeting and forecasting processes.
   • Monitor budget performance and report on variances.

4. Financial Reporting:

   • Prepare and present financial reports to senior management.
   • Provide financial insights and recommendations to support strategic decision-making.
   • Ensure compliance with relevant accounting standards and regulations.

5. Cost Control and Efficiency:

   • Identify opportunities for cost savings and efficiency improvements.
   • Implement financial controls and procedures to enhance financial performance.
   • Support operational teams in understanding and managing their budgets.

6. Team Collaboration:

   • Work closely with the finance team and other departments to ensure accurate financial data.
   • Provide guidance and support to junior accounting staff.
   • Foster a collaborative and positive working environment.

Qualifications and Experience:

• Professional accounting qualification (ACA, ACCA, CIMA or equivalent).
• Minimum of 5 years’ experience in a management accounting role.
• Previous experience in a multi-site organization, preferably within the care or healthcare sector.
• Strong knowledge of financial reporting, budgeting, and forecasting.
• Proficient in financial software and advanced Excel skills.
• Excellent analytical and problem-solving abilities.
• Strong attention to detail and accuracy.
• Ability to work independently and manage multiple priorities.
• Excellent communication and interpersonal skills.