Management Accountant
6 Month FTC
ITM Power
Location: Sheffield
About ITM Power
ITM is at the forefront of the green hydrogen industry, designing and manufacturing cutting-edge PEM electrolysers that are instrumental in global decarbonisation efforts. With over two decades of scientific expertise, we’ve established ourselves as industry leaders in clean energy technology.
Join Our Mission
ITM is in the midst of a transformative phase, focusing on streamlined delivery and operational excellence. We're seeking talented individuals who share our passion for clean energy and our drive to make a tangible impact on the world's transition to net-zero.
You will be working with an inspiring bunch of people, encouraging each other to be the best we can. We’ve come a long way, join us in the next step of our incredible journey!
What are we looking for
We have an opportunity for a Management Accountant to join our Finance team on a 6 month fixed term contract. The role reports to the Financial Controller and is responsible for a range of activities. This includes partnering with the business to build strong relationships with key stakeholders, operate and develop a clear and concise reporting framework to assist with understanding business performance within the senior management team and adherence to deadlines to ensure timely management reporting.
Responsibilities
Capital Projects & Approvals
Manage capital approval process including:
Continued improvement of capital appraisal model
Assisting the business with completion of investment appraisals, challenging the numbers to ensure a robust business case is presented
Preparation of documentation in readiness of capital approval meetings
Ensure appropriate treatment of costs and capitalisation of project costs where appropriate
Monthly tracking and reporting of internal project performance, including reporting of key project variances both from a cost and timetable perspective
Budgeting for upcoming internal projects for input into the annual company budget
Assist in the development of an internal project forecast that can be incorporated into the overall business forecasting process, this is to include profit and loss, balance sheet and cash flow requirements (including any FX requirements)
Operating Expense Analysis and Reporting
Development of the business partnering process with overhead departments, to include the following:
Completion of key month end processes
Prepayments / Accruals
Overhead reviews and reclassification of costs as appropriate
Timely review and clear down of open POs
Balance Sheet Reconciliations
Monthly tracking and reporting of overhead expense performance to budget with appropriate commentary
Answering queries and supporting the business in the accurate allocation of costs across Entities, Cost Centres and Nominal codes
Identification / implementation of cost saving projects
Engagement with cost centre owners to ensure reporting is understood, challenged and robust
Liaison with and processing of subsidiary accounts to include:
Production of an accurate monthly Trial Balance
Balance sheet reconciliations
Management Reporting and Variance Analysis
Develop an understanding of key business drivers
Report to key subsidiary stakeholders and work with them to ensure numbers are understood, challenged and robust
Preparation of annual budgets / forecasts for all areas of responsibility
Liaising with and complying with external audit requests
Support / Cover for other finance team members
About You
Knowledge and Experience
Qualified Accountant (AAT, CIMA, ACA, ACCA or equivalent) for 2 years+
Experience in a Finance Project Management, FP&A or Finance Business Partnering role
Skills and Abilities
High attention to detail
Enthusiastic and positive approach to problem solving
Strong communicator amongst all levels, both written and verbal
Good standard of systems and Excel ability
People management experience not necessary, but examples of helping and coordinating others useful
What can we offer you
The opportunity to work with cutting-edge technology in a rapidly growing industry, within a dynamic environment where you can shape the future of energy and work with a team that’s actively addressing global climate challenges. Our corporate culture values safety, integrity and continuous improvement.
A competitive salary and an excellent contributory pension, 25 days holiday and a wider range of benefits including:
Buy as you earn (BAYE) share scheme
Birthday holiday
Holiday Purchase
Cycle to work scheme
Lifestyle Discounts
Employee Assistance Programme
Health Cash Plan
Eye Care
Gym Scheme
Life assurance
EV Car Leasing
Enhanced Parental Leave
Motor Save Scheme
Tech Save Scheme
Our onsite parking includes free electric car charging points
We know your career is important to you, it’s important to us too, which is why we also offer opportunities for you to grow and develop your career. If you are looking to join a growing, dynamic business and want to be part of our amazing team we would love to hear from you.
Our success is driven by the exceptional diversity of our people. We are proud to be an equal opportunity employer, committed to promoting and creating a diverse and inclusive environment where we encourage our employees to learn and grow, fuelled by mutual respect in a place where ideas flow and thrive.
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