Management Accountant

Location Worthing
Discipline: Finance
Job type: Permanent Full Time
Job ref: 004145
Published: 28 days ago

Responsible for producing management accounts, budgets, cash flows, Profit and loss and balance sheet and their analysis for several trading and non-trading entities within the Rayner group.


Your key responsibilities will be: 

*  Contribute to a weekly cash forecast for the Rayner Group for distribution to senior management team, liaising with country managers where appropriate.

*  Prepare and report on variances to budget and prior year results; the management accounts for Italian, French, Polish entities, Belgium surgical instrument manufacturer, Portuguese manufacturer and other smaller non trading entities (if applicable) using Exchequer and NetSuite reporting system.

*  Report to a strict timetable to prepare a monthly pack to include a profit and loss account, balance sheet and cash flow statement.

*  Work with the individual business heads on the annual budget and load into Exchequer/NetSuite.

*  Prepare and process monthly payment runs maximising cash position whilst adhering to payments terms.

*  Assist with credit control queries.

*  Reconcile and report on stock balances, values and levels in different locations and using different systems.

*  Instrumental in decision making around project to migrate to a new Finance system 2023/2024

*  Prepare year end schedules and accounts for year-end audit, liaising with external auditors.

*  Authorise and post various transaction types in NetSuite.

*  Maintain fixed asset schedules and balances and ensure depreciation is calculated and posted correctly.

*  Local/Overseas bank account reconciliations.

*  Reconciliations of all balance sheet accounts for specific entities

*  Ensure compliance for overseas VAT/Payroll registrations and returns. Requires liaising with external service providers in all markets.

*  Review processes and propose improvements as necessary to ensure adequate controls are in place.

*  Ad hoc tasks as necessary. Manage vendor relationships.

*  Occasional travel to European offices.

*  Frequent communication with foreign colleagues and stakeholders to resolve queries and obtain information.



Ambition: We play to win.

Focus: We put patients first. 

Integrity: We keep our promises.

Openness: We are passionate about new ideas.

Respect: We support each other.




*  Is pro-active and self-starting, working flexibly, willingly, and co-operatively.

*  Understands what the business is trying to achieve.

*  Understands how own role contributes to achieving company goals.

*  Demonstrates a clear understanding of the job including all its tasks, responsibilities, and processes.

*  Delivers work within agreed timescales and performance/ behaviour standards.



*  Takes ownership and responsibility for his/her actions.

*  Always acts in line with company values and behaviours.

*  Works in a way that is compliant with legal, quality, and regulatory requirements and best practice.

*  Identifies and highlights potential risks and disadvantage.



*  Is receptive to new ideas and improved ways of working.

*  Makes suggestions for improvement.

*  Accepts change and is positive in adopting improved working methods.

*  Invests in the on- going development of their own skills and knowledge.



*  Treats everybody equally, respectfully and without discrimination.

*  Openly and willingly listens to the views of others.

*  Considers the impact of their own actions on others.

*  Polite, patient, and tolerant.


Key Relationships:


*  Finance Team

*  Leadership Team

*  IT Team

*  Country Managers



*  Bank

*  Property agents; sundry vendors

*  Auditors/tax advisors




*  Previous and proven management accounts experience essential.

*  Foreign language such as Italian or French desirable but not essential

*  Knowledge of IFRS reporting desirable.

*  Previously worked with Syteline ERP, Exchequer or NetSuite reporting system or similar system.

*  Newly qualified accountant or candidate in final stages (ACCA, CIMA)