Management Accountant at Plexal

London, England, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

02 Sep, 26

Salary

52000.0

Posted On

04 Jun, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Management Accounting, Financial Forecasting, Business Partnering, Month-end Close, Variance Analysis, Revenue Recognition, Cash Flow Forecasting, Intercompany Recharges, Advanced Excel, Stakeholder Management, Financial Reporting, Budgeting

Industry

Business Consulting and Services

Description

The Role's Purpose This role is responsible for the production of full management accounts, forecasting and business partnering. The role is expected to provide ownership of outputs, controls and business insight - not simply transactional processing. It will work closely with Finance Operations, the Management Accountant and Business stakeholders to ensure accurate billing, cost control, cash flow visibility and timely management information. What You'll Do Own the Businesses month-end close and reporting process, including revenue, direct costs, overheads, accruals, prepayments, deferred in come and balance sheet reconciliations. Prepare and review the management accounts pack with clear variance analysis, commentary and actions against budget, forecast and prior periods. Drive the monthly invoicing cycle, working with the operations/commercial teams to ensure onboarding, memberships, sales invoices, revenue recognition and deferred income are complete and accurate. Oversee supplier PO-to-pay compliance, ensuring supplier invoices are coded to the correct entity, location, project, cost centre and purchase order, with appropriate accrual/prepayment treatment. Maintain cash flow forecast, including aged debtors/creditors insight and forecast assumptions for the wider Group cash flow model. Own group overhead reporting, allocation methodology and monthly recharge journals, ensuring costs are consistently coded, evidenced and explained. Prepare, post and reconcile inter company recharges between entities/business units, ensuring balances agree, are supported by audit trail and are cleared on a timely basis. Oversee the Workshop Group subsidiary management accounts pack prepared by the assistant management accountant; review the P&L, balance sheet reconciliations and commentary before submission. Business partner with senior leadership team and operational heads to explain results, investigate variances, identify risks/opportunities and support cost control decisions. Ownership of business rates management, lead periodic cost reviews across business rates, utilities, parking, facilities and supplier spend to identify savings, billing errors and process improvements. Maintain a robust month-end timetable, working papers and evidence file for management reporting. Coach and support junior finance colleagues on coding discipline, reconciliations, cut-off, management accounts preparation and issue escalation. Support the Group Finance Manager with audit schedules, year-end close, statutory audit queries and continuous improvement of finance processes and controls. May require business travel across Plexal and related Group sites. Ability to manage and influence through both face-to-face and virtual team environments. This role is intended to sit above pure transactional processing and below Group Finance Manager level. Your Skills Essential Competence in clear business communication. Strong month-end discipline with the ability to manage multiple reporting deadlines without close supervision. Commercially analytical; able to interpret P&L, balance sheet and operational drivers and turn numbers into clear actions. Confident stakeholder manager who can challenge coding, spend, forecasts and operational assumptions constructively. Advanced Excel skills, including reconciliations, lookups, pivots, modelling and clear review trails. High attention to detail with a strong control mindset and willingness to improve processes, not just follow existing ones. Able to prepare concise commentary and present financial information clearly to non-finance colleagues. Desirable Experience using Power BI or Dynamics Business Central. Comfortable improving workflows in a finance system environment. Your Experience Essential Finalist or newly qualified ACA, ACCA or CIMA. Evidence of continued professional development in reporting, systems or process improvement. Essential Experience producing or owning monthly management accounts, including variance analysis, commentary, accruals, prepayments and balance sheet reconciliations. Experience with revenue recognition, deferred income, supplier cost control and PO-to-pay compliance. Experience preparing or reviewing cash flow inputs, aged debtors/creditors and month-end reporting packs. Experience with overhead allocations, inter company recharges, multi-entity reconciliations or group reporting. Experience reviewing work prepared by junior colleagues or an Assistant Management Accountant. Nice to have Experience with Microsoft Dynamics 365 Business Central. Experience in workspace, membership, property, facilities, hospitality or multi-site operations. Experience with subsidiary management accounts or small-company group reporting. Who You Are Proactive self-starter who can take ownership, identify issues early and propose solutions rather than waiting for instructions. Comfortable operating in a changing, growing business with imperfect information and evolving processes. Credible and calm when dealing with operational stakeholders, suppliers and internal finance colleagues. Organised, resilient and able to prioritise between month-end, business partnering, controls and ad hoc requests. Team player with high integrity, accountability and a willingness to coach junior colleagues. Why us? Plexal’s Values: Mission: We inherit the mission of UK government and deliver it in an agile and creative fashion. Collaboration: We believe in the power of working together. Equality: We strengthen ourselves as a team by embracing the different. Care: People are at the heart of what we do; we care about our customers, members and colleagues. As a start-up, we thrive in a dynamic and fast-paced work environment dedicated to empowering innovators. We embrace individuals who leverage technology and creativity to tackle our greatest challenges head-on. We strongly advocate for maintaining a harmonious work-life balance, our goal is to ensure every member of our team can authentically be themselves and live their best lives. We firmly believe that innovation and creativity flourish when we cultivate a diverse workforce, comprising highly skilled individuals with a wide range of perspectives to contribute. In return we will offer you: Salary: £48,000 - £52,000 depending on skills and experience Annual bonus scheme A generous pension scheme (with a company contribution of up to 10%) Private healthcare, life assurance and critical illness cover 25 days holiday plus bank holidays Volunteering day Plexal is an equal opportunities employer and we actively encourage applicants from individuals from all backgrounds. We are a Disability Committed employer and are willing to make reasonable adjustments throughout the recruitment process. About us Plexal is the innovation and growth company helping to strengthen the UK’s technology capabilities through collaboration. With teams in London, Manchester and Cheltenham, we work closely with government, industry, startups and academia to drive economic growth and reinforce national security. Founded by Delancey in 2017, Plexal delivers four core services: creating workspaces for innovators, running innovation programmes and consultancy, building regional tech clusters and helping SMEs scale strategically. By closing the gap between early-stage and established organisations – across the public and private sectors at home and abroad – we’ve impacted over 1,200 businesses, added £731m to the UK economy and helped create 9,400 jobs. Headquartered at Here East on the Queen Elizabeth Olympic Park, Plexal partners with organisations including the Department for Science, Innovation and Technology, the National Cyber Security Centre, Airbus, Amazon, Barclays Eagle Labs, Google Cloud, TfL, The Alan Turing Institute and the University of Oxford.

Responsibilities

Responsible for producing full management accounts, forecasting, and providing business insight through ownership of outputs and controls. The role involves business partnering with senior leadership to manage costs, oversee invoicing cycles, and coordinate group overhead reporting.