Management Accountant

Job Title: Management Accountant

Location: London N2 0RU

Reports To:  Head of Finance

Department: Finance

Job Type: Full-time, Permanent

Salary: £45,000

About the Company:

Nazareth Care Charitable Trust is a provider of care homes, retirement villages and a nursery, offering high-quality, compassionate services for the elderly and very young. With a commitment to excellence in care and well-being, we operate a network of care homes and retirement villages across England, Scotland and Wales. We are now seeking an experienced and motivated Finance Manager to join our Finance team and support the strategic financial management of the business.

Job Overview:

The Management Accountant will be pivotal in providing accurate and timely financial information and analysis to support decision-making across our care homes and retirement villages. The successful candidate will work closely with senior management to ensure the company’s financial performance is closely monitored and aligned with organisational goals.

You will be responsible for managing month-end processes, budgeting, forecasting and providing insights into financial performance for our retirement villages. This role offers the opportunity to contribute to a business that positively affects people’s lives.

Key Responsibilities:

• Financial Reporting & Analysis:

o    Prepare monthly management accounts, including profit and loss (P&L) statements, balance sheets, and cash flow statements for care homes, nursery and retirement villages.

o    Analyse financial performance and variances, providing actionable insights to senior management.

o    Provide financial analysis to support key decision-making, highlighting cost-saving and efficiency improvements opportunities.

• Budgeting & Forecasting:

o    Work with departmental managers and Head of Finance to create annual budgets and financial forecasts for individual homes and the group.

o    Assist with quarterly and annual forecasting, revising financial projections based on changing business conditions.

• Cost Control & Financial Performance:

o    Monitor operational costs and identify areas for cost reduction, ensuring financial controls are in place.

o    Support the procurement process by evaluating supplier contracts and ensuring cost-effective purchasing.

• Compliance & Audit:

o    Ensure compliance with relevant accounting standards and regulations (e.g., IFRS, FRS 102, VAT).

o    Assist in preparing year-end audits, providing necessary documentation and reports.

• Stakeholder Engagement:

o    Work closely with village and care home managers, the senior finance team, and external auditors.

o    Present financial results to non-financial managers and ensure financial understanding across the business.

• System and Process Improvement:

o    Contribute to the continuous improvement of financial systems and reporting processes.

Key Requirements:

• Qualifications and skills:

o    Formal accounting qualification (eg ACA, ACCA) is essential.

o    Advanced understanding of accounting principles and practices.

o    Familiarity with medium/large accounting software.

o    Strong analytical skills with the ability to interpret complex financial data and make data-driven decisions.

o    Proficient in financial software and Microsoft Excel (advanced level).

o    Excellent communication and interpersonal skills, with the ability to communicate financial information to non-financial stakeholders.

• Experience:

o    Proven experience as a Management Accountant or in a similar financial role, ideally within the healthcare, social care, or similarly regulated sector.

o    Strong understanding of financial controls, budgeting, and forecasting in a multi-site environment.

o    Previous experience in care homes, retirement villages, or the broader healthcare sector is advantageous but not essential.

• Personal Attributes:

o    Detail-oriented with a high level of accuracy.

o    Ability to work independently and as part of a team.

o    Strong organisational and time management skills, with the ability to manage multiple priorities and meet deadlines.

o    Proactive, with a continuous improvement mindset.

Benefits:

• Competitive salary.
• Opportunities for professional development and progression.
• A supportive and collaborative work environment.