Download Job Title: Management Accountant

Job Description
Job Title: Management Accountant
About SLC
Student Loans Company is a non-profit making Government-owned organisation set up in 1989 to
provide loans and grants to students in universities and colleges in the UK. We are responsible for
student support delivery in the UK.
Company Mission
We enable our customers to invest in their futures by delivering secure, accurate and efficient
assessment, payment and repayment services.
Company Vision
Our vision is to be valued as a digital, customer-focused, centre of excellence.
Job Details
Overview of department: The Management Accountant role sits within the Management
Accounting team with the Finance department at SLC.
Grade: G4
Reporting to: Senior Management Accountant
Budget Responsibility: N/A
Line Management Responsibility: N/A
Job Purpose: As a Management Accountant at Student Loans Company you will be chiefly
responsible for producing business plans and budgets, whilst providing specialist financial advice to
your client group. As a subject matter expert you’ll be a true business partner, highlighting risk,
monitoring opportunities and presenting relevant information at key stakeholder meetings. For you,
success is a financially aware client group, whose risk aware decisions are based on solid numbers
and relevant information.
You’ll have the chance to challenge yourself, simply explaining financial concepts to non financial
stakeholders, working in diverse areas, in a company whose turnover is amongst the largest
companies in the country. What’s more, you’ll play a pivotal role in helping us to achieve
challenging targets, using your interpersonal skills you’ll become a true business partner to your
client group.
Key responsibilities:
 To support the Finance Business Partner and the Directorate Accounting and Analysis
Manager in the setting of the annual directorate budget through understanding and
documenting the key business assumptions, main cost drivers and the impact of the service
proposal/operating plans
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Support the preparation of business plans and budgets, providing specialist advice
Produce and present period actuals and forecasts for budget holders, including preparing
month accruals, transfers and adjustments
Issue reports and support budget holders in understanding the impact of the month results
and forecasts against budgets (support the reporting analyst in automating this activity)
Produce the month end business review pack and highlight any significant issues with
financial and other business results (support the reporting analyst in automating this
activity)
Monitor and promulgate corporate governance throughout the function and review
compliance with financial regulations
Actively feed into capacity planning
Contribute to understand customer requirements to provide a customer focused perception
as well as engagement to resolve queries in a timely manner
Model and analyse the cost base and identify and monitor opportunities and efficiencies
Participate in budget holder key meetings to provide sound financial advice and support
Provide day to day support to business teams assisting as necessary to provide financial
analysis
Support the procurement and commercial services as required as well as assisting in
contract tenders as required
Support the integrity of the finance information within all reports and management
information created, highlighting risks as appropriate
Manage the provision of investment and project accounting services as required for areas of
responsibility
Conduct investment and other project appraisals, including business case analysis
Develop and maintain budgetary control over the programme of works by reporting
variances, utilisation and risks/opportunities to the various Project Managers in an
appropriate format and timely manner
To ensure that all financial governance and expenditure monitoring arrangements are
adhered to
To ensure that the budget is in place for authorised establishment and that the correct
approval process is being followed
Development of the service of senior stakeholders to ensure it meets their needs in a
sustainable way
Knowledge, Skills and Experience:
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Student/part membership (or equivalent) of the relevant professional body having
progressed to the final stage of qualification, or possession of sufficient experience to fulfil
the requirements of the role without membership of the relevant professional body
Knowledge of current accounting standards
Advanced Excel skills
Management Accounting Experience
Proven ability to present financial risks and assumptions to non financial audiences
Experience in owning business problems and devising and delivering solutions
Experience in initiating improvements to customer service
Experience in identifying financial governance risks and issues and generating corrective
action
Desirable Sills & Experience
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Full membership of relevant professional body
Experience of Oracle based system
Post qualification experience
Experience in delivering investments appraisals that have influenced business decisions
Experience in supporting commercial activities
Experience in identifying business financial efficiencies and opportunities
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