Management Accountant

This is an exciting opportunity for a Management Accountant to join a reputable organisation in the manufacturing and production sector. Based in Ely, you will play a pivotal role in overseeing the financial management and reporting within the organisation.

Client Details

The company is a well-established organisation within the manufacturing and production industry, known for its professional approach and commitment to excellence. As part of a medium-sized team, the successful candidate will contribute to maintaining and improving financial practices.

Description

Management Accountant-

Mangement Reporting

Prepare monthly management accounts, ensuring accuracy and timely delivery to senior leadership.

Produce P&L, balance sheet reconciliations, and cashflow analysis.

Support budgeting and forecasting cycles, challenging assumptions and providing data-driven insights.

Manufacturing Costing & Analysis

Analyse production costs, labour utilisation, machine efficiency, and overhead absorption.

Maintain and update standard costing models, BOMs, and routing data in collaboration with operations.

Provide clear commentary on cost movements, trends, and operational drivers.

Opex Management

Monitor and review operational expenditure across manufacturing sites.

Partner with department heads to track actual spend vs budget, highlighting risks and opportunities.

Drive accountability for cost control and support initiatives to improve cost efficiency.

Variance Analysis

Perform detailed variance analysis including:Material price and usage variance

Labour rate and efficiency variance

Overhead absorption variance

Production yield and scrap analysis

Present analysis to senior management with actionable recommendations.

Business Partnering

Work closely with operations, supply chain, engineering, and commercial teams to support financial decision-making.

Provide scenario modelling and ad-hoc financial analysis to support operational initiatives and capital investments.

Controls & Compliance

Ensure financial controls are embedded and adhered to across production processes.

Support internal and external audits.

Maintain integrity of ERP system data relating to costings and stock.

Profile

Essential

Experience in Management Accountant role or similar

Part-qualified or fully qualified accountant (ACCA / CIMA / ACA).

Previous experience in manufacturing, FMCG, or another product-based environment.

Strong knowledge of standard costing, BOMs, and manufacturing processes.

Demonstrable experience in Opex tracking and variance analysis.

Advanced Excel skills and confidence working with large data sets.

Strong analytical mindset with excellent attention to detail.

Desirable

Experience using ERP systems such as SAP, Oracle, Dynamics, Netsuite, or similar.

Experience working in multi-site manufacturing.

Ability to present financial information clearly to non-finance stakeholders.

Job Offer

• Competitive salary ranging from £55,000 to £62,000 per annum.
• A fixed-term contract with the potential for future opportunities.
• Supportive and professional work environment in Ely.
• Opportunities to develop and enhance your accounting and finance skills.
• Access to benefits as part of the overall package.