Management Accountant
IBM

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Matthew R is a Financial Analyst for IBM. "I monitor costs and revenue on a contract... and I'm training to be an accountant". He says, "I've always been more of an arts person so I actually need a calculator". Studying languages, he went to university in Bordeaux and Barcelona.

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More information about financial and accounting technicians

Check out 7 videos about this career


£48,360
average salary
The UK average salary is £27,011
40
average weekly hours
There are 39 hours in the average working week
47%  female  53%  male
The UK workforce is 47% female and 53% male

Future employment

Description

Financial and accounting technicians work alongside accountants and other financial professionals in managing the financial affairs of organisations.

Qualifications

There are no formal academic requirements. Professional qualifications are available from the Association of Chartered Certified Accountants and the Association of Accounting Technicians. These qualifications can be linked to NVQs/SVQs in Accounting at Levels 2, 3 and 4. Exemptions to professional examinations may be granted to those with certain academic qualifications.

Tasks

  • Maintains profit and loss accounts, budgets, cash flow forecasts and other accounting records
  • Produces, collates and reports financial information for managers
  • Liaises with clients to ensure that payments are made on time and credit limits are not exceeded
  • Ensures invoices and payments are correct and sent out on time
  • Monitors accounting systems to determine accounts are being maintained effectively and provides information on accounting practices to auditors.
Employment by region
Top 10 industries
for this job
IndustryJobs
Wholesale trade2,606
Retail trade2,581
Auxiliary  services2,578
Public admin. & defence2,371
Head offices, etc1,779
Employment activities1,268
Real estate 1,165
Financial services1,133
Health 1,122
Services to buildings1,106
Employment status

Where to go next

Management Accountant - National Careers ServiceCareers at IBMAccountancy degrees - What Uni?

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Ned H

Matthew R My name’s Matthew R. I'm a Management Accountant or Financial Analyst and I work for IBM. I'm responsible for a contract and what we do is monitor the cost and the revenue coming into the account on a month by month basis and then performing sort of analysis on those figures. I like the fact that I do a number of sort of different things and the support structure is very, very good. I think IBM really do look after their graduates, which is certainly something that I think attracted me to the company in the first place. My father’s in the Armed Forces and my Mother was a Lecturer in critical geopolitics. I went to boarding school at seven, seven until 18, which I found fantastic really. I think it gave me a real sort of sense of independence and responsibility quite early on. I played a lot of sport, like to think I worked hard enough. Particularly enjoyed languages and so ended up studying French and Spanish at university. My parents never put any pressure on me to either go into the Armed Forces or to go into, you know, academia or anything like that. If there was any pressure at all, it was maybe at university. There was a sort of healthy, competitive pressure that, you know, you’re expected to go on and achieve in the workplace which I thought was actually a really positive influence on me. For me, university wasn’t such a big step up as I think a lot of my peers possibly found it, just purely based on the fact that I went to boarding school, so I felt always quite sort of comfortable in that environment and being away from home just because that’s all really that I had known. I left university and I worked in recruitment for a year which actually I quite enjoyed but I did feel that it wasn’t possibly for me and I think I always felt deep down that it wasn’t something that was going to challenge me particularly long term. Once I decided that finance was what I wanted to go into then IBM had been my first job since then. I'm training to be an accountant as well. I'm doing CIMA which is the Chartered Institute of Management Accountants, and that was something that I was particularly interested in doing, becoming qualified, becoming a professional. Despite being an accountant, I'm not particularly mathematical, I never really have been. I’ve always been more of an arts person so I actually need a calculator whereas other people might be able to do it in their head, but certainly not me. I’ve always been fairly sporty. I play football a lot. I play for a Sunday league team on Sundays in London and I play five a side a couple of week nights. Travelling’s always been something that’s interested me along with obviously my languages. In lived in France and Spain for a year and I went to university in Bordeaux and Barcelona. So I’ve travelled fairly extensively in those two countries, but I’ve also sort of been to the States and Australia and places like that which I absolutely love. I don’t think there’s been any one individual person that’s inspired me. I like to think that I’ve taken onboard sort of advice and inspiration from a number of people either from school or friends or family but I wouldn’t be able and I wouldn’t think it would be fair to just sort of actually attribute, you know, who I am just to the inspiration of one particular person. I suppose my dream is to get as far as I possibly can doing what I'm doing. I'm very ambitious and motivated and I’m very keen to sort of maximise the opportunities that I’ve been given here and really see how far I can go.

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