Financial Management Accountant

Financial Management Accountant

Posted Today by Noble Restaurant Group Ltd

£50,000 Per year
Undetermined
Onsite
London Area, United Kingdom

Summary: The Financial Management Accountant role at Noble Restaurant Group involves overseeing financial reporting, cash management, and balance sheet reconciliations within a dynamic restaurant environment. The position requires a detail-oriented individual with a strong accounting background and excellent analytical skills. The successful candidate will support financial controllers and collaborate with various departments to ensure effective financial processes. This is a full-time, onsite position based in Central London, offered on a one-year contract basis.

Key Responsibilities:

  • Enter month end adjustments such as accruals, prepayments and revaluations.
  • Prepare monthly management accounts for assigned business units.
  • Analyse variations and highlight any areas of concern.
  • Prepare summary report for management on spend in areas.
  • Track spending on project and provide breakdown for decision making.
  • Provide estimation of spend to assist budget and forecast preparation.
  • Compile daily cash movement.
  • Prepare and analyse spend to feed into liquidity forecast model.
  • Daily bank reconciliations.
  • Investigate suspicious transactions and raise potential issues.
  • Updating bank mandates in line with staff and process changes.
  • Take ownership for a range of balance sheet accounts.
  • Prepare schedules and adjustments to strict deadlines.
  • Collaborate with non-finance staff to ensure they are following processes for the procure to pay workstream.
  • Assist other departments in solving payment and financial reporting issues.
  • Develop and maintain strong relationships with key stakeholders across the organization.
  • Ensure financial controls are being followed and raise any instances of doubt.
  • Assist in testing controls and suggest improvement where gaps are found.
  • Assist with year and provide evidence to external auditors.
  • Participate in finance change program by ensuring processes are up to date and communicated.
  • Suggest improvements to current ways of working.

Key Skills:

  • Part of newly Qualified accountant (ACCA, CIMA or equivalent).
  • 3+ years of experience in accounting, financial analysis and similar roles.
  • Ability to solve problems and work to tight deadlines.
  • Excellent communication at all levels.
  • Experience with ERP banking and office software.
  • Attention to detail and accuracy.

Salary (Rate): £50,000.00/yr

City: London

Country: United Kingdom

Working Arrangements: on-site

IR35 Status: undetermined

Seniority Level: undetermined

Industry: Other

Detailed Description From Employer:

Financial Management Accountant Full time onsite - Central London Head Office Salary: £45,000 - £50,000 depending on experience 1 year contract Please note: we are unable to offer visa sponsorship for this role. Noble Restaurant Group are seeking a highly motivated and detail orientated Management Accountant to join our team. The role will be responsible for financial reporting, cash management, balance sheet reconciliations and supporting the financial controllers. The ideal candidate will be in the final stages or newly qualified CIMA or ACCA, have a minimum 3 years industry accounting experience with a strong background in accounting, excellent analytical skills, a strong communicator, be self motivated and driven to achieve targets. About our company: Noble Restaurant Group operates a portfolio of iconic brands across UK, US, Canada and the Middle East. These brands include Chotto Matte, Angus Steakhouse, Alley Cats Pizza, Steak and Co and Murial’s Kitchen.

General Responsibilities

  • Month end:
    • Enter month end adjustments such as accruals, prepayments and revaluations.
    • Prepare monthly management accounts for assigned business units.
    • Analyse variations and highlight any areas of concern.
  • Spend Analysis:
    • Prepare summary report for management on spend in areas.
    • Track spending on project and provide breakdown for decision making.
    • Provide estimation of spend to assist budget and forecast preparation.
  • Cash and Liquidity:
    • Compile daily cash movement.
    • Prepare and analyse spend to feed into liquidity forecast model.
  • Banking & Payments:
    • Daily bank reconciliations.
    • Investigate suspicious transactions and raise potential issues.
    • Updating bank mandates in line with staff and process changes.
  • Balance Sheet Reconciliations
    • Take ownership for a range of balance sheet accounts.
    • Prepare schedules and adjustments to strict deadlines.
  • Supporting the business:
    • Collaborate with non-finance staff to ensure they are following processes for the procure to pay workstream.
    • Assist other departments in solving payment and financial reporting issues.
    • Develop and maintain strong relationships with key stakeholders across the organization.
  • Internal Controls:
    • Ensure financial controls are being followed and raise any instances of doubt.
    • Assist in testing controls and suggest improvement where gaps are found.
    • Assist with year and provide evidence to external auditors.
  • Finance Change
    • Participate in finance change program by ensuring processes are up to date and communicated.
    • Suggest improvements to current ways of working.