Management Accountant

Education/Qualification

• Association of Chartered Certified Accounts (ACCA) – F1 – F4 (QBE)
• NVQ Level 4 AAT
• Certificate in Finance and Financial Analysis with the Cambridge Management and Leadership School
• GCSEs achieved

Systems used

• Microsoft Word and Excel – Intermediate
• Oracle / Cloud Based Applications
• Agresso Unit 4
• Business Conferencing / Collaboration Tools

Career Summary

Current Employer – Family-run Automotive Dealership

Position – Assistant Finance Manager

Dates – February 2024 – Present

• Reports to the Head of Finance – daily works to supervise a team of 4 Finance Assistants
• Management Accounts – works to prepare detailed set of Monthly Management Accounts – Profit and Loss / Balance Sheets etc.
• Oversees and Assists with Financial Accounting including Purchase Ledger, Sales ledger, Bank Reconciliations, Petty Cash, Credit Card allocations, Supplier Statement Reconciliations and Courtesy Car Inventories.
• Month End processes including monitoring of Aged Debtors and Creditors Accounts, Supplier Payment Runs, monitoring of Expenses, preparation of Accruals and Prepayments, review of Fixed Asset accounts and closure of Ledger Accounts to required deadlines
• Reconciliation and settlement of Intercompany accounts
• Reconciliation and preparation of quarterly VAT returns
• Provide ad-hoc financial statistical data for the Finance Director in various formats for use in management meetings
• Check accuracy of Weekly Payroll information and keep consolidated Payroll records
• Prepare Monthly consolidation payroll files for service staff, sales staff and admin staff working at various sites under different regimes, to be used for final payroll payment

Previous Employer –  Foundation

Position – Management Accountant

Dates – July 2020 – January 2024

• Reported to the Finance and Compliance Director
• Daily manages a Team of 2 people – this includes 1:1’s and Annual Reviews
• Prepared monthly management accounts to agreed timetable and perform monthly management accounts reviews with operational teams, taking notes of key actions and explanation of variances to be fed back to Director of F & C
• Reconciled payroll costs, intercompany transactions on monthly database to ensure accounts are up to date, and a fair reflection of the costs incurred
• Took a key role in the year-end audit, ensuring all files and requests are actioned in a timely manner and to a high standard
• Ensured all financial reporting to key stakeholders including PLCF and the FA is produced to a high standard and meets all deadlines set
• Conducted monthly management accounts meetings with all budget holders to review performance against budget; providing in depth analysis of income/expenditure where required
• Participated in annual Budget meetings and prepare Budget files for Trustees; loading the data into the financial system at the onset of each FY or reforecast
• Posted Bank transactional data to the relevant cashbooks and reconcile the Purchase and Sales Ledger
• Prepared cashflow analysis monthly for Director of F & C
• Reviewed Accruals, Prepayments, Purchase Orders, Deferred/Accrued Income, Payroll, Credit Card Expenses, and other expenditure journals, on a monthly basis
• Prepared Balance sheet reconciliations with detailed source data backup
• Assisted with Quarterly VAT submissions

Previous Employer – Support Service for Business

Position – Senior Financial Reporting Accountant

Dates – July 2018 – June 2020

• Led a team of 3 to deliver a new Banking Project initiated by Head of Finance, achieving streamlined and seamless Cash and Bank processes across Corporate Services
• Results praised and outcomes contributed to resolve several outstanding audits points
• Expedited the overlooked production of audited accounts and an accompanying audit report for a 2-year grant funded project, due to key resource absence; requisite to ensure a final tranche of funds were released to complete delivery of the project
• Worked directly with senior audit partners and commended by Dept Head of Tourism
• Profound transformation of the year end audit for the Business Finance entity, with honourable feedback from the CFO, whilst continuing to manage the various deadlines and requirements for all the different entities in a professional approach
• Standardising monthly Balance Sheet reconciliations for 6 different entities, documenting the processes and training Management Accountants; enabling legacy issues to be corrected and providing precise information for audit
• Strengthening month-end processes in connection with the production of Management Accounts; reducing the number of working days to produce the accounts from 20 days to less than 10
• Managed and recruit temporary and permanent staff during a stressful period of structure change; ensuring key processes were adequately trained and any handovers were smooth
• Produced month end management accounts for both regulated entities and public sector entities
• Submitted quarter/annual FCA returns via GABRIEL
• Completed quarterly ONS returns
• Completed quarterly VAT returns
• Completed year-end tax computations
• Maintained Bank Mandate and Approved Persons Applications with RBS Relationship Manager
• Review and approve monthly loan bad debt provisions
• Reconciled high volume complex loan accounts to both Banking and General Ledger systems
• Weekly, 12 weekly and 52 weekly cashflow analysis

Previous Employer – Insurance Agency

Position – Broker & Reconciliation Control Team Lead

Dates – February 2014 – December 2017

Eliminated backlogs of c. £16m unallocated cash receipts by designing, documenting and training complex finance processes to a newly developed team, ensuring an effective financial control environment was in place through the production of Balance Sheet Reconciliations, initiating query resolution processes and agreeing SLA levels with external teams, enabling the reduction of 2 FTE

• Improved customer experience on several occasions by reducing failed automated payment situations, for vulnerable customers and foreign payments, by reassigning daily Cash Management work streams into the companies Insurance upon separation from the Bank; working with Finance Risk managers to understand incidents occurred and effectively managing resolution
• Developed new vital Business Continuity plans for all accountable Finance processes, by carrying out and documenting Business Impact Assessments.
• Enhanced Cash Management business processes to mitigate potential risks arising from the transmission of daily Banking from the Bank to Barclays Bank; interacting directly with Bank Relationship Managers; providing guidance to the team on raising and managing risks, including root cause analysis and documenting worst case scenarios to enable contingency planning
• Enabled the closure of over 20 surplus bank accounts by designing statistical cash-flow analyses of cash movements on over 40 Bank accounts to strengthen the Finance Risk and Control framework
• Managed transfers of funds between the remaining accounts to ensure contractual Legal and Banking obligations were maintained and carried out transfers of funds to BNY Mellon to maximise investments via Royal London Asset Management teams
• Significantly reduced levels of unknown discrepancies to below accepted threshold by developing new reconciliation processes, arising from an external audit point raised with the Board, in relation to substantiating the company Insurance general ledger financials against Broker confirmed financial positions
• Worked with Finance Risk team and Department Directors to alter the company Insurance Delegated Authorities policy, on Operational Write Off Limits
• Strengthened high level Broker debtor’s analysis using intricate methods aiding decisions made to Re-Insure potential bad debt exposures of over £60m
• Recommended, tested, and implemented streamlined Broker financial reporting and reconciliation processes during a project to replace the Insurance Platform
• Received exceptional feedback from heads of departments upon acting as key finance SME for the project, liaising directly with external contractors working for IBM
• Contributed expert advice to a matrix of over 100 finance project requirements
• Periodical review of Risk Control Self-Assessments
• Preparing Broker and Reconciliation month-end MI packs scripting executive level commentary
• Managing user access rights to the company Insurance Banking online systems in collaboration with them
• Providing challenge and support to colleagues through HR performance management processes

Position – Broker Analyst

Dates – November 2009 – February 2014 

Previous Employer – Banking and Insurance Company

Position – Business Adv – Reconciliations & Control – Financial Control

Dates – November 2007 – November 2009  

Previous Employer – Banking and Insurance Company

Position – Project Team Manager – Finance Operations

Dates – January 2007 – November 2007