Velociti Solutions
Management Accountant
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Reporting to: Head of Finance & Accounting
Location: Sheffield or Bromsgrove site
Description
Velociti Solutions is a private equity-backed provider of SaaS/subscription software to the transport sector, serving rail, bus, and haulage markets across the public and private sector in the UK and internationally. Following recent acquisition activity, the group operates across a UK parent and Irish subsidiary structure, with a strong focus on recurring revenue, operational efficiency, and disciplined financial management under PE ownership. The business has ambitious M&A plans and is building its teams to support future growth and sustainability.
This is a full-time role working 37.5 hours per week with core hours falling between 9:30am – 4:00pm Monday to Friday. This position offers a hybrid working model which includes a mix of home and office working (2 days per week office based). This position can be based at either our Sheffield or Bromsgrove site so any applicants will need to live within a commutable distance of one of those locations due to the office working element of the role.
Role and responsibilities
The Management Accountant will play a key role in the production of accurate, timely management information across the group, supporting commercial and operational decision-making. This role is well-suited to someone comfortable working autonomously in a fast-paced, recurring-revenue SaaS environment with cross-border (UK/Irish) reporting requirements.
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Key Responsibilities
Management Reporting
- Manage the preparation of the monthly management accounts, including P&L, balance sheet, and cash flow forecasting, for all group entities
- Produce and maintain adjusted EBITDA reconciliations, including exceptional cost add-backs, in line with PE reporting requirements
- Support preparation of board packs and investor reporting
Budgeting & Forecasting
- Annual budget preparation and periodic reforecasting
- Maintain Net Working Capital data and associated financial modelling providing insights to the Head of Finance & Accounting and CFO to support decision making
- Monitor actual vs. budget/forecast variances and provide commentary
Group & Intercompany
- Consolidation of UK and Irish entity accounts
- Manage intercompany reconciliations and transfer pricing
- Contribute to group tax and statutory reporting processes as required
Payroll Management
- Prepare and process monthly payroll for the Group
- Review and validate payroll inputs, including new starters, leavers, salary changes, bonuses, commission, and benefits-in-kind
- Ensure correct tax code application and reconcile payroll tax codes
- Calculate and process statutory payments (SSP, SMP/SPP, holiday pay) and pension auto-enrolment contributions
- Reconcile payroll control accounts
- Prepare and submit statutory filings
Controls & Compliance
- Maintain balance sheet reconciliations and month-end close processes
- Provide support with the year-end statutory audit
- Monitoring of finance controls
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Business Partnering
- Work closely with commercial and operational teams to provide financial insight
- Support ad hoc analysis for senior finance and leadership team
Skills and Experience
Essential
- Part-qualified or newly qualified accountant (ACA/ACCA/CIMA)
- Experience of management accounts preparation in a fast-paced software environment
- Strong Excel skills; comfortable working with financial models and AI
- Thorough understanding of accruals, deferred revenue, and month-end processes
- Experience in a SaaS, subscription, or recurring revenue business with a strong understanding of ARR and associated reporting
- Experience working across multi-entity or multi-jurisdiction group structures
- Can work autonomously and navigate the chart of accounts and general ledger confidently
Desirable
- Experience of working with NetSuite
- Exposure to PE-backed businesses and associated reporting requirements (covenant compliance, adjusted EBITDA)
- Experience of acquisitions and consolidating accounts
Benefits
- 25 days holiday plus bank holidays and an additional 3 days for Christmas
- Extra day’s leave for Birthday
- Hybrid working
- Company Pension Scheme
- Income Protection
- Life Assurance
- Private health care
- Cycle-to-work scheme
- EV Car Scheme
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