Ultra Electronics Group
Assistant Management Accountant
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We are Ultra Precision Control Systems
Ultra PCS is a leading developer of mission and safety critical equipment in the defence and aerospace industry. Our team of experts are at the heart of our success, which is why we are dedicated to fostering a safe working environment and a positive culture where every staff member feels valued and respected.
We solve our customers' problems, providing engineering solutions to safety and mission critical challenges in the air and on the ground. Our solutions can be found in the latest military aircraft and vehicles, in civil aircraft, and in unmanned vehicles.
We help to ensure our customers get to where they need to be safely, achieve their objectives and keep on going back.
Flexible Working
Wherever possible, we will consider a variety of working options to suit your lifestyle, whether that be hybrid home/office working, flexible working and part or full time employment. It's the 'innovating' and 'empowering' values that we ASPIRE to be. We welcome the challenge to work in new ways and have trust in you when getting the job done because we recognise, our business is our people.
Job Description
Eaton MSD Weymouth are looking for an Assistant Management Accountant. The Assistant Management Accountant will support the finance function by providing accurate financial analysis, management reporting, inventory accounting, and cost control within a manufacturing environment. The role will play a key part in delivering timely financial information, supporting operational decision-making, maintaining robust financial controls, and assisting with statutory and audit requirements. The role offers an excellent opportunity for an ambitious finance professional to develop their management accounting skills and progress towards a professional accounting qualification such as CIMA or ACCA.
Key Responsibilities
Inventory & Cost Accounting
- Manage ERP inventory processes, including investigating stock movements and transfers.
- Complete month-end inventory reconciliations, including data collection, review of supporting documentation, and posting adjustment journals.
- Support year-end processes, including annual standard cost reviews and inventory valuation activities.
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Financial Reporting & Analysis
- Perform cost of sales and production variance analysis, identifying trends and areas for improvement.
- Produce and analyse labour utilisation reports to support operational efficiency.
- Provide ad hoc financial analysis and reporting as required by the management team.
Management Accounting
- Process ERP journal entries for labour postings and reconcile payroll control accounts.
- Assist in the preparation of monthly management accounts, including accruals, prepayments and balance sheet reconciliations.
- Assist in the preparation of monthly, quarterly and annual budgets and forecasts.
- Assist in the development and maintenance of key performance indicators (KPIs) and management reports to support management in achieving the company's critical success factors (CSFs).
Compliance & Audit
- Assist in the preparation and review of VAT returns, including Postponed Import VAT Statements and C79 documentation, ensuring compliance with HMRC requirements through Making Tax Digital (MTD) platforms.
- Assist the Head of Finance with statutory audit requirements, providing supporting analysis and documentation as required.
- Ensure compliance with internal financial controls, policies, and procedures.
Qualifications, Experience & Skills
Essential
- AAT qualified or currently studying towards an AAT qualification.
- Sound understanding of accounting principles, processes, and financial controls.
- Experience supporting management accounting activities, ideally within a manufacturing environment.
- Strong analytical skills with the ability to interpret, evaluate, and present financial information clearly and concisely with a high level of accuracy.
- Advanced Microsoft Excel skills and strong general IT proficiency.
- Ability to manage multiple priorities and consistently deliver work to agreed deadlines.
Desirable
- Ambition to progress towards a professional accounting qualification such as CIMA or ACCA.
- Experience using ERP systems within a manufacturing or production environment.
- Knowledge of inventory accounting, standard costing, and variance analysis.
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Key Competencies
- Analytical and problem-solving ability.
- Strong organisational and planning skills.
- Effective communication and stakeholder engagement.
- Proactive approach to continuous improvement.
- Ability to work independently and as part of a team.
- Commercial awareness and business acumen.
Benefits
Every employee is critical to our success and as such we offer a range of flexible employee benefits along with career development opportunities.
- Flexible working within core working hours
- 25 days holiday (185hrs) with the option to buy/sell 5 days (37hrs) plus bank holidays
- 4 times annual salary in life assurance
- Flexible benefits package
- Funded health benefits
- Pension Scheme – up to 8% employer contributions
- Supportive and friendly working environment with regular team events
You couldn't be joining the team and Eaton MSD Cheltenham at a more exciting time. Therefore, if this sounds of interest, please follow the application process.
Nationality Requirements
Candidates must be able to work in the UK without restrictions in accordance with UK National Law and be prepared to successfully undertake an appropriate level of UK National Security Vetting according to UK Government National Security Vetting criteria.
Diverse & Inclusive Employer
Ultra PCS is an equal opportunities employer that values diversity, inclusion, equity and equality. Underpinned by our values, behaviours, and policies, we want you to feel empowered to be your best and authentic self.
We promote a workplace that welcomes people from all backgrounds and cultures; believing that this will increase our diversity of thinking, and ultimately ensure we continue delivering on our commitments to our customers.
We do not discriminate based on race, religion, colour, national origin, gender identity, sexual orientation, age, marital status, veteran status, or disability status and welcome applications from all candidates.
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