Management Accountant
A Management Accountant is an important role in any organisation. Working in the Finance Department, Management Accountants are responsible for the preparation of Management Accounts and several other reports whilst also overseeing general accounting procedures and practices within the business. A Management Accountant's role combines financial, analytical and management skills to aid senior management with decision making and promoting long term financial success for a business.
A Management Accountant’s responsibilities can vary, but mostly include the following:
Preparing monthly Management Accounts and other financial reports such as budgets.
Presenting reports to senior management to aid in business decision making.
Compiling strategies that will reduce business costs.
Obtaining finance for projects.
Advising on the financial implications of business decisions.
Developing and overseeing financial systems and procedures and identifying opportunities to improve these.
Controlling income and expenditure within the business and ensuring that expenditure is in line with budgets.
Overseeing accounting technicians and support with generic accountancy tasks.
Communicating with all levels within the organisation and being able to present financial information to non - finance members of staff.
Analysing and managing risk within the business.