Mitsubishi Heavy Industries, Ltd.
Management Accountant
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Job title: Management Accountant
Position: Full-time Contract Type: 1 Year Fixed Term Contract Functional area: Corporate Division Reporting to: Finance Manager – Corporate Division Office Location: Stockley Park – UB11 1ET Working Hours: Monday to Friday: 9am – 5pm (35 hours per week) (Hybrid working available after the completion of the probation period)
Company Description
Mitsubishi Heavy Industries Air Conditioning Europe, Ltd. (MHIAE) is a company created by MHI for all its HVAC solutions across Europe. MHIAE offers high-efficiency systems for cooling and heating air and water in residential, commercial and industrial applications.
MHIAE works through a network of European distributors and oversees the supply and distribution of its equipment from their factories in Asia to most European countries.
The company has experienced strong growth over the last few years and has plans to continue expanding their sales and range of products in the future.
Job Summary
The Management Accountant will be responsible for providing detailed business analysis to management and various teams within the organisation to help identify profitability drivers and opportunities for growth. The candidate will be involved in the preparation of monthly/quarterly reporting, forecasts of sales, monitoring of margins, forecasting, reconciliations and variance analysis as well as supporting the Finance Manager with various requests. This role may require working to tight reporting deadlines.
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The candidate will be expected to have a good understanding of ERP and financial systems and to be able to produce various comprehensive reports.
Other responsibilities include:
Financial Reporting & Analysis
- Analyse financial performance and provide commentary on variances to support management understanding and decision making
- Monitor key performance indicators (KPIs) and identify trends
Budgeting & Forecasting
- Assist in the preparation of annual & quarterly budgets and financial forecasts
- Track actual performance against budgets and investigate discrepancies
- Provide recommendations to improve financial outcomes
Cost Control & Profitability
- Conduct cost analysis and identify cost-saving opportunities
- Support pricing strategies and profitability analysis
- Support Finance Manager with monitoring of departmental spending and ensure alignment with budgets
Business Partnering
- Work closely with department managers to provide financial insights
- Support decision-making with financial modelling and scenario analysis
- Communicate financial information clearly to non-finance stakeholders
Compliance & Controls
- Ensure compliance with accounting standards, regulations, and internal policies
- Maintain strong financial controls and procedures
- Assist with internal and external audits
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Process Improvement
- Identify and implement improvements in financial processes and systems
- Support automation and efficiency initiatives
Required Skills
- Good communication and presentation skills
- While it is not a requirement to have an IT or system background, the candidate needs proficiency in excel and be able to grasp basic IT and database concepts
- Strong analytical and numerical skills are essential
- Good commercial and financial awareness
- Reliable team player who also demonstrates the ability to work independently
- Enjoys working closely with others in a multicultural environment
- Ability to manage priorities
- Attention to detail
- Initiative and problem-solving attitude
- Excellent customer service attitude (internal/external)
Qualifications & Experience
- Bachelor’s degree in Accounting, Finance, or related field
- Professional qualification (ACCA, CIMA, ACA or equivalent)
- Proven experience in Management Accounting or similar role
- Experience with ERP/financial systems
You may be required by the Company to undertake any duties within your skills and capabilities, which the Company considers necessary to meet business needs.
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