Management Accounts: Why Your Business Needs A Great Management Accountant….
The dictionary definition of Management Accounts:
“A set of summarised accounting data (balance sheet, cash flow and income statement) prepared and presented (usually every month, fortnight or week) specifically for a firm’s management. The objective of management accounts is to provide timely and key financial and statistical information required by managers to make day to day and longer-term business decisions.
While financial accounts are the lifeblood of a business providing a snapshot of the income received and bank balance, it is the management accounts that truly deliver a story of where the business has been, where it is now and where it looks like heading. Management accounts are the thermometer of a business’s viability and critically it’s financial and commercial well being.
While AI is constantly looking to replace formulaic accounting there can be no substitute for a strong management accountant and true finance business partner to be the bellwether of a company’s performance.
Here at my company, Astute Recruitment, we have noticed an increased demand from SME business owners and Finance Directors for truly strong Management Accountants / Financial Business Partners – to go through the numbers, genuinely understand the ebbs and flows to provide the senior management team with clear, succinct, accurate information to genuinely impact the bottom line. People who can liaise with key internal and external stakeholders, providing them with meaningful operational information but who can also challenge the status quo to improve performance further.
If you are a Part Qualified/ Qualified Management Accountant who is looking for a genuine chance to add value and perform a true management accounting service for a great business, please contact Andy Lilliman or I for a confidential chat on 01332 346 100 or by email: mary.maguire@astuterecruitment.com OR andy.lilliman@astuterecruitment.com
We have a number of brilliant roles at the moment with client’s keen to interview before the Christmas Holidays!