Assistant Finance Manager

Cobalt Recruitment; London; On-site; GBP 45,000 - 75,000; Full time

Job summary

An established industry player is seeking a recently qualified financial accountant to join their finance team in London. This exciting role involves spearheading financial system optimisation, ensuring compliance with accounting standards, and providing in-depth financial management and reporting. The successful candidate will collaborate with various teams, prepare comprehensive financial reports, and support strategic planning through financial modelling. This is a fantastic opportunity to make a significant impact in a dynamic environment focused on real estate investment and development.

Qualifications

• Chartered accountant with relevant experience in financial accounting and reporting.
• Strong knowledge of real estate development and financial modelling.

Responsibilities

• Lead financial system optimisation and ensure smooth integration with processes.
• Prepare and analyse financial reports, ensuring compliance with IFRS and GAAP.

Skills

Financial Reporting

Variance Analysis

Financial Modelling

Data Analytics

Stakeholder Management

Education

Chartered Accountant (ACA, ACCA, CIMA)

Degree in Accounting/Finance

Tools

Yardi

ERP Systems

Job description

About the Role

We are partnered exclusively with a real estate investment trust looking to expand their finance team in London with a recently qualified financial accountant. The successful candidate will lead financial system optimisation, ensure smooth integration with existing processes, and provide accurate financial management and reporting.

Key Responsibilities:

• Spearhead the implementation of Yardi and the optimisation of systems to streamline financial and property management operations liaising with internal and external teams.
• Prepare and analyse monthly, quarterly, and annual financial reports, including balance sheets, income statements, and cash flow statements.
• Conduct variance analysis against budgets and forecasts, identifying areas for improvement.
• Ensure strict adherence to IFRS, GAAP, and other relevant accounting standards.
• Assist in the creation of monthly and quarterly budgets and forecasts.
• Build and maintain financial models to aid strategic planning and decision-making.
• Work closely with auditors to ensure accurate and timely statutory account reporting.
• Maintain compliance with all regulatory and legal financial requirements.
• Provide financial oversight for property development and repositioning projects, with a focus on PBSAs and BTRs.
• Support financial planning and analysis for new construction and redevelopment initiatives.
• Collaborate with development teams to assess financial feasibility and profitability.
• Identify opportunities for efficiency improvements in financial operations.
• Develop strong relationships with internal stakeholders.

Key Requirements:

• Chartered accountant (ACA, ACCA, CIMA).
• Degree in Accounting/Finance, or a related field.
• Relevant experience in financial accounting and reporting from practice or industry.
• Knowledge of real estate development and construction, particularly in PBSAs and BTRs.
• ERP system implementation is a big plus.
• Experience in property repositioning strategies and financial analysis of development projects.
• Experience in financial modelling and data analytics is highly desirable.

If this sounds like you, apply ASAP!