Management Accountant

at  Oxford Instruments plc

Oxford Instruments is a leading company in the field of high-tech tools and systems for research and industry. Founded in 1959, we specialise in the design, manufacture and support of various scientific instruments and solutions, used in diverse areas such as materials science, nanotechnology and industrial applications. Oxford Instruments has played a significant role in advancing scientific knowledge and technological progress through our cutting-edge instruments and solutions.
We are looking for a Management Accountant to join the International Finance team in High Wycombe. Your primary purpose as Management Accountant is to prepare and provide support for Management Accounts for the Materials Analysis businesses.
What is in it for you?
At Oxford Instruments, we put our people at the heart of all we do. We embody our values of: We are Inclusive , we are Innovative , we are Trusted, and we are Purposeful . As an employee of Oxford Instruments, you will be given the development and mentorship to succeed, an environment that breeds authenticity and curiosity. We are committed to supporting a diverse and inclusive working environment, all of our people brings with them, unique perspectives and skills, varying levels of experience and a shared commitment to excellence providing an environment in which others can learn from each other, innovation is forefront of mind and collaboration flourishes. In addition, we also offer a comprehensive benefits package to include: 12:30 Friday finishes, BUPA private health insurance, dental insurance, group pension, cycle to work, tech and car schemes, as well as give as you earn and option to purchase shares, numerous discounts and 25 days holiday.

Reporting
Monthly preparation of Consolidated Management Accounts for MA Product Lines as required:
Receiving full trial balance reports from subsidiaries, performing analytical review and uploading to Head Office Reporting Tool
Analysing and uploading orders/reviewing/margin by product to Head Office Reporting Tool
Ancillary uploads to Head Office Reporting Tool
Review P&L in line with budget and forecast; liaise with regional teams on any discrepancies and resolve in a timely manner
Review consolidated Balance Sheet; in particular inventory and provisions.
Liaise with teams locally and internationally to ensure accounts are completed accurately and in a timely fashion
FX reporting of balances and flows on a monthly basis
Analysing and reviewing headcount compared to forecast and budget.
Transfer pricing calculations and reviewing intercompany agreements
Reviewing and assessing intercompany trading transfer pricing policies with the regional offices
Reviewing intercompany balances
Overhead Analysis by cost centre and cost type.
Ledger work to support Materials Analysis Site Accounts
Understanding orderbook for the business internationally and ensure operational orderbook is aligned.
Support the monthly preparation of Visual Management KPI data for the businesses
Ad hoc reports/analysis as required by the business
Support
Drive business improvements through financial reporting
Review and evaluate current finance processes
Proactively provide regular and ad hoc financial information, analysis and advice on business issues to managers.
Maintain effective working relationships across the business
Other
Apply IT applications to drive efficiency improvements in the collection, reporting and distribution of financial information
Maintain professional awareness of accounting standards and the regulatory and statutory requirements applying to the business.
What we are looking for…
Part-qualified would be preferred, however it isn’t an essential
Experience of success as the management accountant in a complex, international business. High professional integrity. Highly developed numeracy and analytical skills Intermediary Excel. High degree of practical, commercial awareness, hands on approach
Develops well thought-through plans to deliver their part of the top level plan Sets clear standards for performance and challenges people and themselves to achieve results with pace and discipline, managing poor performance and taking tough decisions where required Investigates external and internal customer needs and looks for opportunities to meet these Has identified opportunities to improve processes and / or profitability and has planned and implemented changes Demonstrates a good understanding of the competition, the OI business environment and its financial drivers Takes an active interest in all parts of the business and contributes to strategy development