Commercial Finance Manager

Investigo; London; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a dedicated finance professional to take full ownership of the month-end reporting process and budgeting for asset portfolios. This role involves producing timely management information, conducting variance analysis, and collaborating closely with asset managers to ensure accurate financial forecasting. The ideal candidate will excel in stakeholder communication and provide high-quality finance support, playing a crucial part in delivering insights that drive informed commercial decisions. Join a dynamic team and make a significant impact in a fast-paced environment where your expertise will be valued.

Qualifications

• Proven experience in financial reporting and budgeting processes.
• Strong analytical skills with the ability to explain variances to stakeholders.

Responsibilities

• Manage month-end reporting and budgeting for asset portfolios.
• Provide high-quality finance support to asset managers and stakeholders.

Skills

Financial Reporting

Budgeting and Forecasting

Stakeholder Communication

Variance Analysis

Asset Management

Education

Degree in Finance or Accounting

Tools

Budgeting Tool

Job description

Key Responsibilities:

1. Full ownership of the month-end reporting process, as well as the specific portfolio related responsibilities detailed below, the collation of analysis from the finance team and the production and presentation of Asset Management perspective to internal and external stakeholders.
2. Produce timely management information for inclusion in the monthly asset management information pack. Amongst other items, this will include a full property level review of portfolio rental income and costs, fully explaining variances to budget to stakeholders and to the wider finance team for inclusion within the monthly management information.
3. Specific responsibility for reporting marketing across the portfolio, including reviewing with the portfolio managers on a periodic basis and understanding progress.
4. Full ownership of the budgeting and forecasting process for your portfolio, preparing 5 year forecasts on properties and working closely with the asset managers to understand lease assumptions and forecast property level inputs. Fully model all developments within portfolio in the budgeting tool, using the development appraisals.
5. Complete internal and external reporting for Assets within your portfolio.
6. Complete tenant/supplier covenant checks for potential deals within portfolio.
7. Attendance at the monthly Asset Management Committee (AMC).
8. VAT Returns and CIS Returns (if applicable) for your portfolio.
9. Provide support to the Group Finance team for your portfolio in relation to the year end audit and corporation tax reporting (if applicable) - liaising directly with the external auditors as appropriate.
10. Provide high quality finance support to asset managers and development managers, pro-actively explaining variances to budget and identifying the financial impact and risks of commercial decisions. As the finance counter-part during the budget, review inputs and offer appropriate challenge when required. Play a key part in finance deliverables for Board papers. High quality communication with stakeholders, both verbal and written, is crucial.