Management Accountant

About VIRTUS

VIRTUS Data Centres is the UK’s fastest-growing data centre provider. We own, design, build, and operate some of the most energy-efficient, flexible, and secure data centres in Europe. In 2023, we announced our expansion into continental Europe, starting with Berlin and Milan, with plans to grow further across the region. At VIRTUS, we aim to be a positive force in the fourth industrial revolution—delivering innovative solutions while staying firmly rooted in our core values: Clarity & Quality, Accountability, Customer Commitment, Purposeful Innovation, and Capability & Growth.

Job Summary

We are seeking an experienced Management Accountant to support our Finance Team with our monthly financial reporting responsibilities and implementing best practice in terms of Finance processes, controls and system improvements.

The role will include taking full ownership and responsibility of the monthly management accounts for a subset of operating companies within the Group and business partnering with other departments to improve reporting and budget management.

The role would suit a qualified Management Accountant with 1-3+ years’ of practical post-qualification experience in a Finance team, and someone who is proactive and forward-thinking in driving through change within the Finance Team.

Duties and Responsibilities

The role is intended to be split broadly 50:50 between the monthly BAU tasks and forward-looking initiatives focusing on process improvement and supporting expansion of the business. The key responsibilities of the role include but are not limited to the following:

• Provide accurate and timely management reporting to assist with key decision making. This would specifically include:
  • Preparation and review of monthly and quarterly management accounts and KPIs, variance analysis and associated financial commentary for a subset of operating companies within the Group.
  • Reporting of results to key stakeholders in a concise, accurate, and insightful manner.
  • Preparation and review of budget packs for the budget holders and developing strong business partnering relationships across the wider business.
• Accountability for month-end tasks completed by the team, including:
  • Review and clearance of intercompany transactions and management recharges.
  • Preparation and review of journals for accruals, prepayments, etc.
  • Preparation and review of P&Ls for a subset of companies.
  • Preparation and review of balance sheet reconciliations.
  • Ownership of parts of the month-end process.
  • Revenue:
    • Preparation and review of journals related to Revenue recognition and ensure accuracy through review with the Senior Group Revenue Manager.
    • Ensure all Balance Sheet Reconciliations relating to these Revenue postings are completed and reviewed.
• Input and accountability for key initiatives within the Finance Team including:
  • Assisting the Finance Manager with tracking of system issues and system improvements ensuring resolved in a timely manner.
  • Review of accounting processes, controls, and documentation, and recommending improvements where necessary to ensure robust and efficient financial operations.
  • Driving change towards process automation to further enhance the control environment and Finance risk management.
• Preparation for interim and year-end audit and interacting effectively with both external auditors and internal auditors in responding to queries.
• Any other reasonable requests made by the UK Finance Manager, Group Financial Controller, and/or Head of Financial Reporting and Controls.