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Finance Analyst
- Posted 07 June 2024
- Salary £55000 - £60000 per annum + Hybrid Working
- LocationCity of London
- Job type Contract
- Discipline Accounting & Finance
- ReferenceSLS_Analyst_1717781043
- Contact NameSinead Lennon-Smith
Job description
Our client a leading property development business is looking for a Finance Analyst to join their team. This newly created role is perfect for a newly qualified finance individual looking to work in a commercial finance remit. This role is for 11 months on a fixed term basis.
The client offers hybrid working (1 day a week) from home plus fantastic benefits and an annual bonus.
Working closely with the Senior Commercial Finance Manager this role as Finance Analyst will be responsible for:
- Working with the wider finance team to continuously challenge financial targets and investigate the financial impact of decisions
- Assisting in maintaining an up-to-date and accurate site cash and profit forecast
- Ensure site provisions are fully up to date and accurate
- Assisting with maintaining a fully flexible working site financial model (profit and cashflow) for reporting and scenario analysis
- Assisting in maintaining the site as required on the accounting / forecasting software, analyzing any discrepancies and raising these with the relevant departments
- Maintenance of a live risks and opportunities forecast
- Assisting in the modelling of various scenarios on the business profit forecast and cashflow
- Ensuring VAT is being charged and reported appropriately through review and approval of site VAT invoices
- Ensuring commissions and legal fees are accurate and support is in place to be passed for approval
- Review of completion statements to ensure completeness and accuracy ahead of legal completion
- Perform regular cost reconciliations, correcting mis-postings and clearly demonstrating cost to come allowances are satisfactory
- Responsible for the analysis and reporting of variances
- Ad-hoc scenario analysis and basic modelling work
- Assist with board reporting on a monthly basis for the relevant site
- Assist in review board papers for accuracy and content
- Assist in preparation of a quarterly review of site covering financial, risk and opportunity areas for the development
- Assist the central finance function as necessary at half year and year end with reporting requirements
The Candidate
- ACA newly qualified with a desire to get into commercial finance
- ACCA/CIMA qualified with small to medium sized company commercial finance experience
The role will pay 60k but the client will consider hiring on a day rate of circa £300-£350 per day.
There is an opportunity for this role to potentially go permanent.
