Hydratron

Management Accountant

  • Full Time, Permanent
  • £40,000 - £45,000 DOE

Main Duties:

 

Management Accountant responsible for all aspects of finance for Hydratron and Pryme Group Limited.

Responsible to:

Chief Financial Officer

Functional reporting:

Managing Director

Immediate Reportees:

Assistant Accountant

Key Internal Contacts:

Stores, Purchasing, Sales Team, Engineering and Production, Assistant Accountant

Key External Contacts:

Suppliers, Customers, HMRC, Payroll Provider, Auditors & Tax Advisors.

Key Responsibilities:

General Accounting

  • Supervise staff to process transactions accurately and timely for revenue recognition, accounts payable, payroll, cash disbursement, cash receipts, inventory processing and cost accounting.
  • Review balance sheet reconciliations.

 

Financial Reporting and Forecasting

  • For Hydratron and Pryme Group Limited entities:
  • Prepare weekly KPI and cash flow forecasting information.
  • Prepare monthly pack
  • Prepare annual budget and forecasting.
  • Oversee other profitability and financial analysis to support effective decision making.

Compliance

  • Support all internal and external audit programs.
  • Maintain regular process of testing to measure compliance.      

Operational Improvement

  • Provide business leadership in optimizing working capital including supplier payment management, debt collection processes and assist in commercial discussions on optimal structuring of milestone payments at bid stages.
  • Assist with group negotiations including key supply chain discussions, supplier management for group suppliers.
  • Monitor the key drivers of financial success and ensure that business unit and individual goals align with these objectives. 
  • Identify opportunities for process improvement to enhance operating controls, cost efficiency and customer service.

Accountabilities: (Deliverables)

 

General Accounting

Manage the preparation of management accounts in line with the month end timetable (actual & forecast) in conjunction with the Assistant Accountant.

 

Financial Reporting and Forecasting

  • For Hydratron and Pryme Group Limited entities:
  • Prepare annual budget and reforecast submissions.
  • Perform other profitability and financial analysis to support effective decision making.

Compliance

  • Ensure compliance with all regulatory and Pryme policies.
  • Ensure compliance with UK GAAP and Pryme accounting policies.

Operational Improvement

  • Report on the key non-financial measures that drive achievement of financial goals (profitability by product line, selling prices, on-time delivery, mix, etc).
  • To always maintain the highest level of housekeeping and strict adherence to all HSE requirements.
  • To raise HSE incidents/discrepancies/near misses.

Qualifications/capabilities

 

  • CA/ACCA/CIMA qualification.
  • University Degree to 2:1 level or above.
  • Exposure to manufacturing business
  • Excellent communication skills, verbal and written.
  • Strong leadership skills and ability to work as a team player.  
  • Strong UK GAAP knowledge.

Location – Hydratron Limited, High Flatworth, NE29 7 UT/ Home working if required.

Hours – Position is Full Time, 40 hours per week.

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