Financial Manager

Pinnacle Recruitment Ltd; City Of London; On-site; GBP 45,000 - 55,000; Full time

Job summary

A private development company in London is seeking an experienced Financial Manager to ensure financial health and support project development. Responsibilities include monitoring project costs, preparing financial appraisals, and overseeing due diligence. Ideal candidates will be ACA, CIMA, or ACCA qualified with at least 3 years' experience in a similar role, particularly in residential development. This position offers a competitive salary and the opportunity to grow within a dynamic company.

Qualifications

• 3+ years' experience in a financial role for a residential developer or similar.
• Proven track record in financial control and analyses.
• Strong knowledge of accounting and bookkeeping procedures.

Responsibilities

• Monitor and challenge project cost reporting.
• Produce detailed financial appraisals for projects.
• Responsible for all due diligence of the development.

Skills

Financial control

Cost reporting

Advanced MS Excel skills

Project financial analysis

Education

ACA, CIMA or ACCA qualified

Job description

Financial Manager

A privately owned and self-funded Residential Developer with a number of acquisitions and developments in London & the South urgently require a Financial Manager to maintain and develop the financial health of the company and Development team.

Salary: £45,000 - £55,000 DOE
Location: London
Region: London

Responsibilities will include:

• Monitor and challenge project cost reporting, including land, development, construction and sales and marketing costs.
• Produce detailed financial appraisals for individual projects to be in line with the company’s wider financial strategy.
• Be responsible for all due diligence of the development, including financial control, monthly cash flow analyses including variances, real time appraisals, VAT, and other taxes.
• Draw-down document preparation for project funding.
• Advise on potential reporting structures to ensure accurate live project reporting.
• Sales and build projection analyses – sales rates v build rates.

The ideal candidate will have worked for a residential developer, private equity developing fund, or have exposure to financial control and analyses of developing apartments and mixed-use residential led schemes.

You will need to be ACA, CIMA or ACCA qualified, have a proven track record of working in a similar type role for 3 or more years, have good knowledge of accounting and bookkeeping procedures, as well as advanced MS Excel skills.

A fantastic opportunity to join a growing dynamic professional development company.