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Finance Manager
- Posted 07 June 2024
- Salary £70000 - £85000 per annum + Bonus, Benefits & Hybrid Working
- LocationCity of London
- Job type Permanent
- Discipline Accounting & Finance
- ReferenceSLS_FM_1717778768
- Contact NameSinead Lennon-Smith
Job description
Our client a leading property development business is looking for a Finance Manager to join their team. This newly created role is perfect for a qualified commerical finance individual looking to be a finance lead delivering financial analysis, forecasting and tailored reporting for a new development.
The client offers hybrid working (1 day a week) from home plus fantastic benefits and an annual bonus.
Reporting to the Senior Finance Manager the role as Finance Manager will be responsible for:
- Acting as finance lead for the development site understanding site strategy, constraints and their impact on financials, the programme and its impact on profit delivery, development costings and their analysis
- Working with the wider finance team to continuously challenge financial targets and investigate the financial impact of decision
- Assist in maintaining an up-to-date and accurate site cash and profit forecast
- Ensure site provisions are fully up to date and accurate
- Assist with maintaining a fully flexible working site financial model (profit and cashflow) for reporting and scenario analysis
- Assist in maintaining the site as required on the accounting / forecasting software, analysing any discrepancies and raising these with the relevant departments
- Maintenance of a live risks and opportunities forecast
- Assist in the modelling of various scenarios on the business profit forecast and cashflow
- Ensure VAT is being charged and reported appropriately through review and approval of site VAT invoices
- Ensure commissions and legal fees are accurate and support is in place
- 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
- Assist with financial reconciliations and reviews of prospective suppliers and subcontractors
- 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 sitecovering financial, risk and opportunity areas for the development
- Assist the central finance function as necessary at half year and year end with reporting requirements
Candidate Profile
- ACA/ACCA/CIMA qualified with post qualified experience
- Commerical finance experience
- Experience working in industry for a SME Business
- Someone who wants to learn and is a self starter
Benefits
- Annual bonus circa 10%
- Hybrid working (4 days in office)
- Private medical
- Cycle to work scheme
- Salary sacrifice pension
- Fantastic career development prospects
This role will pay 70-85k dependent on level of experience.
