Management Accountant

London, United Kingdom
£50k - £60k
23 Feb 2023
25 Mar 2023
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Job Title: Management Accountant

Contract: Permanent

Salary: £50,000 - £60,000 (per annum)

Location: BMA House, London - UK (Hybrid)

Application Closing Date: Friday 3rd March 2023

Job Purpose

An opportunity has arisen for a Management Accountant to join our dynamic and innovative Finance team at BMJ. As the Management Accountant you have responsibility for the financial accounting, financial management and routine financial reporting surrounding the allocated business portfolio. In addition to the monthly management accounts close process and subsequent reporting the role should lead on the quarterly forecasting and the annual budget process for their allocated portfolio area. The role is the lead financial contact and business partner for the business areas that the role supports.

This role works closely with the Head of Business Reporting, Senior Finance Business Partner, senior management and a broad range of other stakeholders.

Key Tasks
  • Develop a strong and in-depth understanding of all areas and products within the allocated product portfolio including international complexities;
  • Preparation and analytical review of relevant product and overhead accounting with reporting to stakeholders;
  • Quarterly forecasting and annual budgeting;
  • Oversee accounting and reporting accuracy of all project funded investments, liaising with the PMO and project owners;
  • Lead regular meetings with stakeholders to discuss variances, challenge and make recommendations to ensure budgets are controlled effectively;
  • Preparation of year end financials and assisting in the audit process, liaise closely with auditors;
  • Invest proactively in cross-team and cross-group working, allowing best practice to be shared and consistency of approach to be improved throughout the wider business;
  • Support in developing enhanced reporting and financial processes aligned with system capability and business needs;
  • Balance Sheet reconciliations (e.g. accruals/prepayments/deferrals);
  • Responsibility for some cross-group accruals, intercompany recharges and analysis;
  • Ad hoc project work and providing support to BMJ Finance team and the business as required, such as assessment of investment opportunities, including supporting business leads in preparing business cases

Knowledge, Experience and Skills
  • Qualified accountant or equivalent with commercial experience;
  • Proven ability to influence and manage multiple stakeholders to achieve common goals;
  • Sound knowledge and understanding of management and financial accounting and reporting with the ability to interpret financial data and draw sensible conclusions;
  • Communication of financial themes to non-finance colleagues;
  • Experienced in using financial systems and excellent Excel skills

Personal Attributes
  • Excellent communication and interpersonal skills
  • Professional appearance and communication at all times
  • Drive and ambition to improve themselves, the output of their role and the wider team and business around them
  • Calm and composed under pressure or when faced with problems
  • Analytical mindset
  • Stakeholder focused and committed to getting the job done

Why should you apply?

BMJ is a global healthcare knowledge provider with a vision for a healthier world. We share knowledge and expertise to improve healthcare outcomes.

You may know us as the publisher of one of the world's most cited general medical journals, The BMJ. We also publish over 70 specialty journals, many of which are the most influential titles in their field.

We also offer digital professional development courses and clinical decision support tools to help medical institutions and clinicians tackle today's most critical healthcare challenges.

Evidence underpins everything we do - it's what makes us one of the world's most trusted knowledge providers. And the figures speak for themselves. More than 50 million users from over 150 countries access our websites every year.

BMJ is a wholly-owned subsidiary of the British Medical Association (BMA), with nearly 500 employees worldwide. Our head office is located within the Grade II listed BMA House in Euston, London, with more offices in China, India, North America, and Wales.

At BMJ we take equal opportunities very seriously; diversity and inclusion are more than just words, they are an organisational priority. We are building a culture where everyone feels able to bring their full, authentic selves to work. We encourage applications from under-represented groups and we are a Disability Confident Committed employer.

You will be able to join any of our employee-led networks focusing on: Gender, Cultural Diversity, Sexual Orientation, Mental Health and Well-being, Parents and Carers, and Age.

We offer flexible work arrangements to all our employees.

Those who come to work with us are assured of a rewarding career in an increasingly global company. In return, we offer a great place to work with a wide range of benefits, including:
  • Twenty-five days holiday entitlement plus bank holidays, a BMA Day and the opportunity to gain more holiday entitlement through long service employment
  • Additional days' leave for moving house, volunteering or getting married
  • Onsite gym, fitness classes and subsidised canteen and cafeteria
  • Double matching employer pension contribution, up to 12%
  • Multiple discounts through MyReward employee benefits platform.
  • Season ticket loan, gym membership and cycle to work scheme
  • Seven times salary life assurance cover
  • Regular social events, diversity and inclusion groups, and charity fundraising initiatives to get involved in
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