SUMITOMO ELECTRIC U.K. POWER CABLES LTD.
Management Accountant
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Management Accountant October/November 2026
Position Title: Management Accountant
Location: Glasgow, Scotland
Reports to: Finance Manager
Role Purpose
We are seeking an ambitious and experienced Management Accountant to join our Finance team in Glasgow within a fast-paced manufacturing environment. The role will provide accurate and timely financial insight across management accounts, manufacturing costs, margins, working capital, and business performance, while working closely with operational and commercial teams to improve efficiency, cost control, and profitability.
This is an excellent opportunity for an ambitious, commercially minded accountant to gain broad, hands-on experience within a growing company. With the business continuing to expand, there is significant scope to develop your skills, take on greater responsibility, and progress your career while making a meaningful contribution to the company’s continued success.
Key Responsibilities
- Prepare accurate and timely monthly management accounts and financial reports for designated business divisions.
- Prepare and maintain monthly balance sheet reconciliations, ensuring financial information is complete, accurate, and supported by appropriate documentation.
- Handling of tax matters such as preparation and submit quarterly VAT returns, corporation tax, and others.
- Review and reconcile intercompany transactions and balances.
- Contribute to the preparation of year-end schedules, audit information, and statutory reporting support.
- Prepare and maintain cash flow forecasts ensuring visibility of expected cash requirements and liquidity.
- Monitor performance against budget, provide regular forecasts, and variance analysis.
- Prepare and post payroll journals across projects and overhead cost centers.
- Work with production, operations, procurement, sales, and supply teams to provide financial insight.
- Maintain the fixed asset register and monthly depreciation.
- Manage monthly accruals, prepayments, lease, and associated journals.
- Managing multi-currency reporting, FX exposure, and intercompany recharges.
- Collating data for grant claims and liaising with grant authority.
- Liaising with external auditors, tax advisers on audit, tax, transfer pricing, and other matters.
- Identify and implement opportunities to improve financial processes, reporting, and internal controls.
- Any ad hoc tasks to support the Head of Finance and Finance Manager. Provide general finance support to the Finance team.
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Preferred Knowledge / Skills / Experience
- Part qualified or newly qualified accountant (ACCA/ICAS/CIMA) with 3-5 years management accounting experience. Experience with budgeting, forecasting, variance analysis, and month-end reporting.
- Experience using ERP systems such as SAP, Microsoft Dynamics, Oracle, or similar.
- Experience working in a Japanese company is desirable.
- Experience with inventory accounting and manufacturing environment preferred.
- Ability to work effectively with both finance and non-finance stakeholders.
- Excellent attention to detail and accuracy.
- Must have the right to work in the UK.
Why Join Us?
- Competitive salary.
- Attractive employer contribution pension scheme.
- Study support offered.
- An exciting opportunity to join a growing organization and play a key role in supporting its continued success and growth.
About our Project in Port of Nigg, Highland
Sumitomo Electric is one of the leading global manufacturers of state-of-the-art high-end electricity transmission cables, up to and including 525kV HVDC (High Voltage Direct Current) cable.
The new factory at Nigg, with investment value announced by the Scottish Government of £350M, will make a significant contribution towards the realization of the UK Net Zero Target by contributing to critical electricity transmission infrastructure to connect and deliver renewable energy, including offshore wind, to UK consumers and beyond.
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In addition, the factory will create more than 150 highly skilled jobs in the Scottish Highlands, with maximum utilization of the local supply chain for production of cables and construction of transmission cable systems.
In a significant boost for the UK green energy supply chain, Sumitomo Electric has commenced construction of its state-of-the-art subsea transmission cable factory in the Scottish Highlands.
The factory will supply critical elements for the reinforcement of the UK electricity transmission grid and for connecting renewable energy production facilities to the grid.
About Sumitomo Electric Group
Sumitomo Electric Industries, Ltd. is a recognized global technology leader with over 290,000 employees working at around 400 group companies in 40 countries. Building on more than 120 years of innovation, today Sumitomo Electric is engaged in diversified business activities that support people’s daily lives and industries in five business segments: automotive, infocommunications, electronics, environment & energy, and industrial materials.
To learn more about Sumitomo Electric, please visit https://sumitomoelectric.com, https://sumitomoelectric.com/company/office_group_companies/sumitomo-electric-uk-power-cables-ltd, and our YouTube Channel https://www.youtube.com/user/SumitomoElectric/.
Follow us on LinkedIn:
https://www.linkedin.com/company/sumitomo-electric
https://www.linkedin.com/company/sumitomo-electric-uk-power-cables/
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