Department: Finance
Location: Hammersmith, London
Working Hours: 8:00 am – 5:00 pm
Salary: Competitive
About Our Client: As the Finance Manager for our client, you will be integral in overseeing financial operations, ensuring the fiscal health of the organization, and contributing to the strategic direction, particularly in super-prime residential projects.
Key Responsibilities:
- Financial Operations Management:
- Lead and manage financial operations, overseeing payroll processing, expense management, accounts receivable, and financial reporting.
- Ensure accuracy, compliance, and efficiency across financial functions to support organizational objectives.
- 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.
- 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.
- 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.
- 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.
- Analyze financial data to identify trends, variances, and opportunities for improvement, supporting strategic planning initiatives.
- 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.
- 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.
- 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.
- 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.
- 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)
- Proven experience in financial management, preferably in the construction or real estate industry
- Strong understanding of budgeting, financial analysis, and forecasting techniques
- Excellent knowledge of financial regulations and compliance standards
- Proficiency in financial software and Microsoft Office suite
- Exceptional analytical and problem-solving abilities
- Effective communication skills with the ability to liaise with diverse stakeholders
- Detail-oriented mindset with a focus on accuracy and precision
- Proactive approach to identifying and addressing financial challenges.
Company Benefits:
- 23 Days Holidays (3 Holidays during Christmas shutdown period)
- Birthday Leave – 1 additional day off to celebrate your birthday
- Length of Service Leave – 1 extra day of holiday for each year worked (up to 5 additional days)
- Company events and parties
- NEST Pension scheme – Contribution of 3%.