Finance Analyst

Posted 07 June 2024
Salary £55000 - £60000 per annum + Hybrid Working
LocationCity of London
Job type Contract
Discipline Accounting & Finance
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.