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Dan Barnes
Management Accounts Manager
Summary
Highly accomplished Management Accounts Manager with 10+ years of experience in financial reporting, budgeting, forecasting, and internal control. Proven ability to lead teams, develop and implement accounting policies, and provide strategic financial insights to senior management. Expertise in GAAP and IFRS, cost accounting, and cash flow management.
Education
Master’s Degree in Accounting
August 2016
Skills
- Financial Accounting
- Cost Accounting
- Financial Reporting
- Budgeting and Forecasting
- Cash Flow Management
- Internal Control
Work Experience
Management Accounts Manager
- Conducted variance analysis, identifying deviations from budget and taking corrective actions.
- Managed accounts receivable and payable, ensuring timely payments and collections.
- Implemented an inventory management system, reducing inventory holding costs by 15%.
- Conducted internal audits, reviewing financial records and controls.
Management Accounts Manager
- Managed a team of 10 financial analysts, providing guidance and support.
- Developed and implemented accounting policies and procedures, ensuring compliance with GAAP and IFRS.
- Prepared and analyzed financial statements, including balance sheets, income statements, and cash flow statements.
- Provided financial analysis and insights to senior management, supporting decisionmaking.
Accomplishments
- Implemented a new financial planning and analysis system, resulting in a 15% increase in operational efficiency
- Led a team to develop and implement a comprehensive budgeting and forecasting process, reducing budget variance by 30%
- Developed and implemented a new cost accounting system, resulting in a 20% reduction in production costs
- Conducted a financial feasibility study for a potential acquisition, providing key insights that supported a successful transaction
- Created and managed a budget of $50 million, ensuring compliance with all regulatory requirements and optimizing resource allocation
Awards
- Recognized as Management Accountant of the Year by the Institute of Management Accountants
- Awarded the Excellence in Financial Reporting award for outstanding financial reporting practices
- Received the Presidents Award for exceptional contributions to the field of management accounting
Certificates
- CPA
- CMA
- CGMA
- CIA
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How To Write Resume For Management Accounts Manager
- 1.
Quantify your accomplishments.
Use specific numbers and metrics to demonstrate the impact of your work. - 2.
Highlight your leadership experience.
Management Accounts Managers are often responsible for leading teams. If you have experience leading a team, be sure to highlight this in your resume. - 3.
Demonstrate your knowledge of GAAP and IFRS.
GAAP and IFRS are the two most common accounting standards. Familiarity with these standards is essential for Management Accounts Managers. - 4.
Showcase your analytical skills.
Management Accounts Managers need to be able to analyze financial data and provide insights to management. If you have a strong track record in this area, be sure to highlight your analytical skills in your resume.
Essential Experience Highlights for a Strong Management Accounts Manager Resume
- Managed a team of 10 financial analysts, providing guidance and support.
- Developed and implemented accounting policies and procedures, ensuring compliance with GAAP and IFRS.
- Prepared and analyzed financial statements, including balance sheets, income statements, and cash flow statements.
- Provided financial analysis and insights to senior management, supporting decision-making.
- Conducted variance analysis, identifying deviations from budget and taking corrective actions.
- Managed accounts receivable and payable, ensuring timely payments and collections.
- Conducted internal audits, reviewing financial records and controls.
Frequently Asked Questions (FAQ’s) For Management Accounts Manager
What are the key responsibilities of a Management Accounts Manager?
Management Accounts Managers are responsible for a variety of tasks, including financial reporting, budgeting, forecasting, and internal control. They also provide financial analysis and insights to senior management.
What are the qualifications for a Management Accounts Manager?
Most Management Accounts Managers have a bachelor’s or master’s degree in accounting. They also typically have several years of experience in accounting and finance.
What are the career prospects for Management Accounts Managers?
Management Accounts Managers can advance to senior positions in accounting and finance. They may also become financial controllers or CFOs.
What are the challenges facing Management Accounts Managers?
Management Accounts Managers face a number of challenges, including the need to keep up with changing accounting standards, the need to manage risk, and the need to provide timely and accurate financial information to management.
What are the rewards of being a Management Accounts Manager?
Management Accounts Managers enjoy a number of rewards, including a competitive salary, a challenging and rewarding career, and the opportunity to make a significant contribution to their organization.
What are the skills needed to be a successful Management Accounts Manager?
Management Accounts Managers need a strong understanding of accounting principles, GAAP and IFRS, and financial analysis. They also need to be able to communicate effectively with management and other stakeholders.