Management Accountant

Our client is an expanding financial services business that works with well-known multi-site restaurant chains in and around London.

The restaurant’s need for more financial services is paramount, so they require a management accountant to support the senior management accountant team.

Reporting in to the Group Management Accountant, this is a very ‘service’ driven business where analysis and reporting is the remit, over strategy.

The company is a very pleasant place to work with an informal office approach, but they work hard!

You must have at least 2 years’ experience in managing the accounts for multi-sites, analysis of costs, trends, margins and bottom line with demonstrable experience of understanding and explaining P& L’s to non-finance people in the business, namely restaurant General Managers.

This is a highly independent role looking after 12 sites,

Basic salary is 35K to 38K depending on experience, plus 10% commission and a study support package valued at £5,000.  There are also restaurant discounts of course!

You will need:

  • At least 2 years management accounting experience in retail, hospitality or leisure. Multisite/high growth experience would be ideal.
  • Exam qualified or part qualified CIMA/ACCA/ACA or equivalent.
  • Excellent communication skills including written and spoken English.
  • Team player to join growing finance team.
  • Confident. Meticulous. Precise. Self starter. Professional. Logical.
  • Excellent analytical and problem solving skills.
  • Must be proficient in the use of Microsoft Office Suite.
  • Knowledge and experience with Excel Pivot tables, Excel Marcros.
  • Sage Line 200 would be an advantage.

Detailed Duties

  • Preparing monthly consolidated and individual management accountants for various group companies

Preparation of monthly Management Accounts includes

  • Reconciliation and checking of underlying data
  • Ensuring regular month end procedures are executed
  • Reconciliation of monthly management accounts to weekly sales and cost reports
  • Reviewing P&L against expectations
  • Balance sheet reconciliations including detailed accruals and prepayments and the review of such reconciliations by other finance team members
  • Providing commentary on variance from expectations and other key matters
  • Generating monthly management account packs and issuing to the Board, senior management and individual restaurant locations.
  • Assisting the Board, senior management and restaurant managers with management account queries.
  • Preparation of Key Performance Indicators packs across the group along with quarterly/half yearly bonus calculations.
  • Year end closure and preparation of information for auditors and dealing with their queries.
  • Preparation of information for annual corporation tax packs and capital allowances packs.
  • Quarterly VAT reconciliations, filing and payment.
  • Production of annual budgets and liaison with key stakeholders in ensuring timely delivery.
  • Providing turnover information to landlords as stipulated in leases.
  • Calculating, invoicing and collecting fees due from franchisees.
  • Providing training for new restaurant managers and other operational management in understanding and using profit and loss accounts and management accounting information.
  • Management of staff including usual on the job training and appraisal processes.
  • Fielding ad hoc finance queries and ad hoc administrative work.



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