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Lessons in Leadership: What It Takes to Be a Future CFO

​Last Thursday we had the pleasure of hosting an insightful and inspirational Future CFO-focused event, where we explored their experiences and journeys. ​All attendees had the privilege of hearing from three fantastic senior finance leaders - Nick Shaw, Kayleigh Wright and James Wenninger, each bringing a unique perspective shaped by their own career journeys — with the consensus across all speakers and focus of: driving meaningful, strategic value across their organisations. ​Each leader shared personal experiences of navigating challenges, leading transformation, and elevating the role of finance from a back-office function to a true business partner and value creator. ​Each speaker offered valuable perspectives, and several key takeaways stood out: Build a team that compliments you : Great leadership means recognising and embracing the skills you don’t have. All three CFOs emphasised the strength of surrounding themselves with good people and team members whose strengths contrast their own — creating well-rounded, agile finance functions. Embrace the unknown with confidence: Whether navigating new industries, acquisitions, or rapid change, one message was clear: lean into the uncertainty and trust your ability to adapt. Growth doesn’t happen in comfort zones. Blend experience from big & small companies : The synergy of experience from both large-scale corporations and nimble, fast-paced environments is invaluable. The ability to scale thinking and apply structured processes in leaner settings was a recurring theme. Identify and align with key business needs : Strategic finance leaders go beyond numbers. They seek out synergies and align with business-specific needs — from systems integration to cultural alignment — to ensure long-term value add. Own your decisions…fully! : True ownership means standing by your decisions and being accountable for their outcomes. Openly discussed and demonstrated how conviction and responsibility can elevate leadership and trust across the organisation with a wider impact! ​A huge thank you again to Nick Shaw, Kayleigh Wright & James Wenninger who were incredible speakers and all who contributed to making this event a success. It was a timely reminder of the evolving, multi-dimensional role of today’s Finance leaders. ​Huge thanks as well to all attendees for bringing openness in their points / questions , and energy to the room. Looking forward already to next year!​To hear about future events, contact Jack Curtis!​

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Management Accountant Jobs in Rotherham

​Management Accountant Jobs: Everything You Need to Know

Are you considering a career as a Management Accountant?

Management accountants play a pivotal role in driving financial performance and strategic decision-making within organisations. In this article, we cover everything from what a management accountant does, to the skills, qualifications, and career progression opportunities in this exciting field.

What is a Management Accountant?

A management accountant is a finance professional responsible for providing financial insights and analysis to support strategic planning, budgeting, and decision-making within an organisation. Unlike financial accountants, who focus on historical data and compliance, management accountants work closely with management teams to forecast future performance and identify opportunities for improvement.

Main Duties of a Management Accountant

The role of a management accountant can vary depending on the size and nature of the organisation, but common responsibilities include:

  • Budgeting and Forecasting: Developing budgets and financial forecasts to guide business planning.

  • Cost Analysis: Monitoring and analysing costs to improve efficiency and profitability.

  • Financial Reporting: Preparing detailed management reports to present to senior leaders.

  • Performance Monitoring: Tracking key performance indicators (KPIs) and identifying trends.

  • Strategic Planning Support: Assisting with financial planning for long-term projects and investments.

  • Risk Management: Evaluating financial risks and recommending mitigation strategies.

  • Variance Analysis: Comparing actual financial performance against budgets to identify discrepancies and areas for improvement.

What Skills Do You Need to Be a Management Accountant?

A successful management accountant requires a mix of technical expertise and soft skills. Key competencies include:

  • Numerical and Analytical Skills: Strong ability to interpret complex financial data and make informed decisions.

  • Communication Skills: Presenting financial information clearly to non-finance professionals.

  • Attention to Detail: Ensuring accuracy in financial reporting and analysis.

  • Problem-Solving Abilities: Developing practical solutions to financial challenges.

  • Time Management: Handling multiple tasks and meeting tight deadlines.

  • IT Proficiency: Familiarity with accounting software and tools such as Excel, SAP, or Oracle.

Qualifications Required for Management Accountant Jobs

While specific qualifications may vary, many management accountant roles require a combination of education and professional certification. Common qualifications include:

  • Bachelor’s Degree: In finance, accounting, economics, or a related field.

  • Professional Certification: Achieving a recognized certification such as:

    • Chartered Institute of Management Accountants (CIMA)

    • Association of Chartered Certified Accountants (ACCA)

  • Work Experience: Gaining practical experience through internships or entry-level accounting roles.

  • Employers often value candidates who demonstrate a commitment to ongoing professional development.

Career Progression Opportunities for Management Accountants

Management accountancy offers excellent career progression opportunities. Starting as a junior or assistant management accountant, you can work your way up to senior positions such as:

  • Finance Manager: Overseeing financial operations and leading finance teams.

  • Financial Controller: Managing the overall financial health of the organisation.

  • Chief Financial Officer (CFO): Providing strategic financial leadership at the executive level.

  • Consultant: Advising businesses on financial strategies and efficiency improvements.

Many management accountants also specialise in areas like risk management, data analytics, or corporate strategy, broadening their career prospects further.

Why Choose a Career as a Management Accountant?

Management accountancy offers a dynamic and rewarding career path with opportunities to make a tangible impact on business success. It’s a profession that combines analytical thinking, strategic planning, and the ability to influence decision-making at the highest levels.

Ready to explore management accountant jobs or find the perfect candidate for your organisation? Contact us today to learn how our finance and accountancy recruitment services can help!

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