Finance Manager

Posted 18/06/2024 by Cityscape Recruitment

Location:
W6, Hammersmith, Greater London
Salary/Rate:
£50,000 - £65,000/annum Plus Package

Company Benefits

  • Salary expectations £50,000 - £65,000
  • 23 Days Holidays + Birthday Leave – 1 day additional leave to be taken to celebrate your birthday.
  • Length of Service Leave – You will receive 1 day holiday on top of your entitlement for every year that you have worked. (Maximum of 5 additional days)
  • Private Health Care
  • NEST Pension scheme – contribution of 3%.

About the Company

My client is a mid-size Main Contractor who specialises within the super prime residential sector. Established in 2012 this contractor has established itself as one of the main players within the super prime world, with much of their work coming through from repeat clients and recommendations. The business aims to continue growing and to hit their business goal “to be the Main Contractor of choice for super-prime residential projects in London, recognised for delivering quality and innovation on challenging projects.“

The Role 

As the Finance Manager, you will play a pivotal role in overseeing the financial operations and ensuring the fiscal health of our organisation. This position offers an exciting opportunity to lead and manage the payroll and finance functions, contributing to the strategic direction and financial stability of our super-prime residential projects.

Key Responsiblities 

1. Financial Operations Management:

  • Lead and manage all financial operations, overseeing payroll processing, expense management, accounts receivable, and financial reporting.
  • Ensure accuracy, compliance, and efficiency across financial functions to support organizational objectives.

2. Payroll Processing and Compliance:

  • Ensure accurate and timely payroll processing for employees and subcontractors, including tax calculations, pension contributions, and compliance with regulatory standards.
  • Collaborate with HR to maintain payroll records and address employee inquiries related to payroll matters.

3. Expense Control and Approval:

  • Oversee the review and approval of expense claims, reconciliations, and allocations, maintaining accuracy and compliance with company policies.
  • Implement controls to monitor and mitigate risks associated with expense management processes.

4. Accounts Management and Reconciliation:

  • Manage journal allocations, subcontractor invoices, and payments, conducting bank reconciliations and issuing accounts receivable as needed.
  • Reconcile accounts, including the cashbook, to ensure accuracy and integrity of financial data

5. Financial Reporting and Analysis:

  • Prepare comprehensive financial reports and summaries, including monthly management accounts and annual statutory accounts, to provide insights for decision-making processes.
  • Analyse financial data to identify trends, variances, and opportunities for improvement, supporting strategic planning initiatives.

6. Regulatory Compliance and External Communication:

  • Ensure compliance with financial regulations and standards, including liaising with external agencies such as HMRC and regulatory bodies.
  • Communicate effectively with external stakeholders, including the external Accountancy Firm, to address financial matters and regulatory requirements

7. Project Finance Oversight:

  • Manage project finance, including monitoring progress and cash flows, and ensuring alignment with project budgets and financial goals.
  • Provide regular updates to the leadership team on project financial performance and contribute to strategic decision-making.

8. Process Improvement and System Enhancement:

  • Identify opportunities for process improvements and efficiency enhancements in financial operations, including the upgrade of the current accounting system to accommodate business growth.
  • Implement best practices and technologies to optimize workflows and enhance financial management processes

9. Professional Development and Leadership:

  • Stay updated on industry trends, regulatory changes, and emerging technologies in finance and accounting, continuously enhancing skills and knowledge.
  • Lead and motivate finance teams, fostering a culture of excellence, accountability, and collaboration to achieve organizational goals

10. Audit Preparation and Compliance Assurance:

  • Prepare for annual statutory audits, including the compilation of necessary documentation and addressing audit queries to ensure compliance and accuracy in financial reporting.
  • Implement internal controls and processes to mitigate risks and ensure adherence to audit standards and regulatory requirements

Skills & Requirements 

  • Bachelor’s degree in finance, Accounting, or related field (Master's degree preferred)
  • Strong understanding of budgeting, financial analysis, and forecasting techniques
  • Excellent knowledge of financial regulations and compliance standards
  • Exceptional analytical and problem-solving abilities
  • Proactive approach to identifying and addressing financial challenges
Type:
Permanent
Start Date:
12/08/2024
Contract Length:
Permanent
Job Reference:
EA-FIN-AC
Job ID:
221845649

Remember: You should never send money to a prospective employer or disclose any financial information. Should you encounter any job listings requesting payments or financial details, please reach out to us immediately. For further guidance, visit jobsaware.co.uk.

Create new Job Alert

Create a new Job Alert to make sure you see the best new jobs first!

Your search has been saved and has been added to your Job Alerts