Management Accountant

Management Accountant

Posted Today by Totaljobs

£57,000 Per year
Undetermined
Undetermined
Salford, Greater Manchester

Summary: The Management Accountant role at SP Electricity North West involves preparing and reviewing balance sheet reconciliations and managing the stock accounting process. The position requires strong analytical skills and IFRS knowledge, with opportunities for professional development and team leadership. The successful candidate will contribute to critical business decisions and process improvements within the management accounting function. This role is based in Salford, Greater Manchester, and offers a competitive salary and benefits package.

Key Responsibilities:

  • Prepare and review balance sheet reconciliations across key general ledger accounts.
  • Take ownership of the stock accounting process and reconcile third-party stock listings to SAP.
  • Identify and implement efficiencies within the stock reconciliation process.
  • Support regulatory reporting, budget processes, and statutory submissions to the ONS.
  • Provide analytical insights by interpreting variances and identifying underlying trends.
  • Oversee administrative and processing elements of the management accounting function.
  • Lead and develop a trainee within the team.
  • Calculate stock provisions and assess the appropriateness of the methodology applied.
  • Utilize advanced Excel skills, including Pivot Tables and VLOOKUP.

Key Skills:

  • Qualified or Part-Qualified Accountant with strong IFRS knowledge.
  • Strong analytical capability and experience in process management.
  • Proven experience in enhancing reporting processes.
  • Advanced Excel skills.
  • Ability to investigate and resolve discrepancies in stock listings.
  • Experience in preparing balance sheet reconciliations.
  • Ability to support various business functions as required.

Salary (Rate): £57,000 yearly

City: Salford

Country: United Kingdom

Working Arrangements: undetermined

IR35 Status: undetermined

Seniority Level: Mid-Level

Industry: Other

Detailed Description From Employer:

SP Electricity North West manages and invests in the power network that supplies electricity to the 2.4m homes and businesses across the North West. Our 2,400 colleagues manage the 13,000km of overhead lines, 44,000km of underground cables and thousands of electricity substations to keep power flowing and supporting green growth. We’re one of six distribution network operators in the UK and are regulated by Ofgem.

We’re proud that in December 2024 we were named Utility of the Year by Utility Week magazine who said we punched above our weight and used innovation to solve some of the industry’s most difficult challenges. Come and be part of our team and make a difference.

Now part of the Iberdrola and ScottishPower group, we’re collectively building smarter, greener electricity networks that will get Britain growing by investing in a better future, quicker.

A Fantastic Opportunity: Management Accountant

This role is responsible for preparing and reviewing balance sheet reconciliations across a range of key general ledger accounts, ensuring stakeholders receive accurate and timely information to support critical business decisions throughout ED2. In addition to this, the role takes full endtoend ownership of our stock accounting process.

There is also scope to lead and develop a trainee, while overseeing the administrative and processing elements of the wider management accounting function. The successful candidate must, at the start of employment have permission to work in the UK without sponsorship.

What we’re looking for

We welcome applications from individuals with diverse backgrounds and experiences who meet the following criteria:

  • Qualified or PartQualified Accountant with strong IFRS knowledge, ideally gained within a fastpaced management accounts environment.
  • Strong analytical capability, with the ability to interpret variances, identify underlying trends, and reconcile data across multiple systems.
  • Proven experience in process management, with the drive to enhance reporting processes and deliver meaningful improvements.
  • Responsibility for reconciling thirdparty stock listings to SAP at monthend, ensuring discrepancies are fully investigated and resolved.
  • Ability to identify and implement efficiencies within the stock reconciliation process, including ownership of testing any resulting changes.
  • Preparation of balance sheet reconciliations, primarily for stock but also for wider business areas, supporting the broader management accounting function.
  • Calculation of stock provisions and assessment of the appropriateness of the methodology applied.
  • Providing support across the business as required, including regulatory reporting, budget processes, and statutory submissions to the ONS.
  • Advanced Excel skills, with confidence using functions such as Pivot Tables and VLOOKUP.

What we’re offering

In return, you’ll receive:

  • An annual bonus scheme
  • 25 days annual leave increasing with length of service
  • Private Healthcare
  • An employee rewards portal offering discounts on several well-known brands
  • A market-leading contributory pension scheme
  • Employee assistance programme
  • Opportunity for professional development through our L&D function.

Our Commitment to Inclusion

We’re proud to foster a workplace where everyone can thrive. We celebrate diversity and are committed to building a team that reflects the communities we serve. We believe that embracing our differences makes us stronger.

If you need any adjustments or support during the application process, please contact our Recruitment Team at or call 0845 366 0092 (option 2).

Any offer made will remain conditional until pre-employment checks are complete to a level deemed satisfactory by SP Electricity North West. Due to the of this role, the following pre-employment checks will be required; references from previous employers, Disclosure and Barring Service (DBS), Financial Check and a Drug & Alcohol test.

We reserve the right to close this vacancy early.

We don't accept speculative CVs from agencies. Any received we will assert ownership of the candidate and no fee will be payable