Assistant Management Accountant

Oyster Yacht Close-Up

The Business

Oyster has a worldwide reputation as a leading builder of quality cruising yachts and has a global footprint through its sales, offices and activities. The Company produces yachts from its UK sites, in Southampton Hampshire and Wroxham Norfolk and has support offices in Palma Mallorca and the US. Oyster provides full life support with refit, after sales and technical support together with new and used yacht sales.


Company Values


Focus on being the best and constantly getting better.


Caring deeply, taking accountability, and being proud in what we do.


Always doing the right thing, being respectful, and keeping promises.


Being one team with heart, supporting each other and having fun together.


 The Contract:

Job Title

Assistant Management Accountant

Reports To

Management Accountant


40 Hours





 The Role:

To support the Management Accountant in the smooth running of the department.  Focussing on the production and integrity of the monthly management accounts.

Main Responsibilities:

  • Reconciliation and re-allocation of monthly boat expenditure
  • WIP / Rev recognition adjustment journals
  • Reconciliation and re-allocation of ‘Other Productive Costs’
  • Balance sheet reconciliations
  • Materials cost estimates for each boat in build
  • Materials cost variance analysis and investigation
  • Weekly reporting: Boat build progress to target, hours/cost variances etc.


  • Advanced Excel skills (Lookups, Pivot Tables etc.)
  • Ability to interpret and report on key data
  • Confidence and diplomacy to challenge inaccurate data
  • Good Organisation and prioritisation skills


  • Previous experience of working within a manufacturing environment would be an advantage.


  • Part CIMA / ACCA qualification (Study support provided)

Personal Characteristics

  • Positive attitude.
  • Willingness to act as a team player to overcome ad hoc challenges is a must have.
  • The desire to take ownership and responsibility for tasks with a view to making improvements along the way.
  • Ability to explain financial reports to non-financial colleagues.

Other Requirements

  • There may be rare occasions where inter-site travel would be required.

 This job description is indicative of the range of current duties and responsibilities for the post, it is not comprehensive. It is inevitable that the duties will change to reflect organisational change and it is essential therefore that it is regarded with a degree of flexibility, so that changing needs and circumstances can be met.  All changes will be discussed with the post holder.