Management Accountant

Management Accountant

Application Deadline: 20 July 2025

Department: Finance

Employment Type: Permanent - Full Time

Location: London

Compensation: Circa: £55, 000

Description We are looking for people to join our fantastic team at Somerset House Trust. As the home of cultural innovators, the Trust connects creativity and the arts with the broader society.

Somerset House pursues a 'Step Inside, Think Outside' spirit and is born from the creative community we nurture - the experience and perspectives we host across background, age, race, and stage, and the intersections and crossovers we encourage.

Reporting to the Head of FP&A, the Management Accountant will build and maintain relationships across the Trust to enable business partnering, supporting decision-making through analysis and contributing to the overall mission, vision and values of Somerset House.
What we are looking for: 1. Reporting, budgeting and forecasting
Provide financial reporting and analytical support, including:

• Delivering high quality, accurate and fit-for-purpose management reports to a tight deadline, including monthly management accounts
• Interpreting and analysing financial and non-financial information as part of the management reporting process, offering insightful commentary as required
• Monthly balance sheet reconciliations, ensuring queries are resolved promptly
• Monthly fund reconciliation (restricted, unrestricted, designated)
• Assisting the Head of FP&A to deliver accurate and robust budget, forecast and three-year plans including intelligent analysis, to a tight timetable.
• Assist with year-end processes, analysis and queries from external auditors.

2. Business support and analysis (Business Partnering)

• Delivering ad hoc reporting and analysis for all departments as required, including post-event evaluations and analysis using financial and ticketing data.
• Building and maintaining excellent relationships and levels of customer service across the Trust, championing a responsive and 'right first time' approach.
• Supporting the Head of FP&A in improvement of the finance system in relation to management reporting and analysis module.
• Carry out any other reasonable duties, in line with role requirements
  
  

Skills, knowledge & expertise required for the role: Experience:

• Qualified accountant (ACA, ACCA, CIMA or equivalent).
• Minimum 2-years' experience in management accounting and reporting processes.
• Excellent interpersonal and communication skills, with the ability to present numbers to non-financial colleagues.
• A team player with a flexible, "can do" attitude, forward thinker and takes initiative to solve problems.
• Strong organisational skills: able to manage varied workload, able to work independently and prioritise tasks.
• Having a "continuous improvement" mindset, questioning processes and investigating better alternative ways of working within the role.
• Working knowledge of accounting software packages.
• Experience in fund accounting is desirable.
• Advanced Excel skills (SUMIF, VLOOKUP, Pivot table).

Skills:

• Excellent written and verbal communication skills, with the ability to communicate effectively with a variety of stakeholders
• Flexibility and adaptability to change
• Business partnering experience in a dynamic, forward-thinking organisation.
• Experience with browser-based accounting systems.
• Working knowledge of databases.

Benefits to working at Somerset House Mental Health & Wellbeing - Access to our external Employee Assistance Programme (CiC) for free 24/7 confidential advice and support, including up to 6 free counselling sessions per year where needed - Mental health support and guidance from our in-house trained Mental Health First Aiders - Hybrid working based on having 3 days in the office per week
- Contribution towards eye tests and glasses
-Trust life insurance scheme
- We offer winter flu vaccination vouchers

Holiday - Enhanced annual leave - 25 days plus bank holidays (pro rata) - Birthday leave - additional day leave - Celebration day - to celebrate anything of your choice

Other Leave - Sick leave - 20 days full pay, followed by 20 days half pay (pro rata & following 3 months service) - Emergency dependent care - option to use 25% of paid sick leave for emergency care of a dependent (pro rata & following 3 months of service) - Enhanced maternity pay

Benefits - 8% employer pension contributions, no employee contribution required - Option for salary sacrifice - Season ticket loan - Cycle to Work scheme

Discounts, offers and free stuff
-The list is endless and includes tickets to Somerset House events and entrance to other London Heritage sites
-Discounts in Somerset House cafes and restaurants
-Discounts with various high street retailers and restaurants
-Discounts to local leisure centres

following 3 months of employment