Head of FP&A

SRM Recruitment; Greater London; Hybrid; GBP 70,000 - 110,000; Full time

Job summary

SRM Recruitment is engaged in a search for a privately owned mixed-use real estate group seeking a Head of FP&A. The role drives the evolving FP&A function, delivering accurate operational information for budget holders and the C-suite, with responsibility for periodic reporting and stakeholder-facing insights.

Based in central London, the role operates on a four-days-in-office pattern with one from home, and will oversee a small team while developing reporting structures and portfolio analysis

Qualifications

• Qualified accountant (ACA, ACCA, CA or CIMA) with 4+ years PQE in commercial finance/FP&A.
• Experience in real estate/portfolio analysis is desirable but not essential, with demonstrated interest in the sector.

Responsibilities

• Lead and develop the FP&A function, driving reporting forward.
• Produce high-quality operational information for budget holders, C-suite and asset managers.
• Oversee quarterly and annual reporting, including sustainability and marketing spend where applicable.
• Enhance property-level profitability analysis and budgeting processes.
• Manage development spend tracker and pre/post project appraisals per procurement procedures.
• Collaborate with asset/investment management and building surveyors on cash flow forecasts.

Skills

Commercial finance experience

FP&A leadership

Stakeholder communication

Financial planning & analysis

Education

ACA/ACCA/CA/CIMA

Tools

Power BI

Job description

SRM Recruitment are engaged in a search for a privately owned mixed use real estate group for a Head of FP&A.

Our client operates with a relatively flat structure, where the FP&A function is still evolving and developing. Whilst a great deal of investment has been undertaken in the FP&A function, its still currently relatively small (this role will have one direct report) and their evolution of what FP&A offers is evolving. This role will be to take the current offering and drive it forward.

The Head of FP&A will also be responsible for producing high-quality, accurate, and actionable operational information to support budget holders, the C-suite, and investment/asset managers, but will also be responsible for periodic reporting.

Analysis and Reporting

• Provide reporting structures to support teams in increasing income and reducing costs.
• Enhance property-level profitability analysis, prioritising non-recoverable costs and detailed budgeting.
• Analyse investment property portfolio aspects, including lease expiry profiles, rent reviews, breaches, and vacancy rates.
• Conduct financial analysis of the group's portfolio, with focus on gross to net performance.
• Enhance reporting through use of charts and visualisations for management and business.
• Draft and finalise the annual Operational Review, monitor adherence to specified actions.
• Report quarterly spend on Sustainability and Marketing against budget.
• Manage development spend tracker monthly.
• Conduct vacancy analysis for residential and commercial units, review long-term vacancies.
• Track sustainability (EPC) upgrades and compliance with current standards.
• Collaborate with asset/investment management and building surveyor teams on cash flow projections for developments, comparing against original budgets and final costs.
• Oversee pre and post project appraisals on refurbishments and developments per procurement procedures.

Accounting

• Prepare and analyse annual property bench-marking submissions with asset managers.
• Prepare the annual property business budget.

Systems

• Evaluate options for improved reporting systems, such as Power BI.

Team Leadership and Development

• Lead a number of more junior members of the finance team (direct reports: 4) in training, appraisal, performance management, and recruitment.
• Facilitate professional development opportunities for team members.

The successful candidate is likely to be/have:

• Qualified accountant (ACA, ACCA, CA or CIMA) probably around 4 years PQE and already operating in a commercial finance / FP&A role. Our client is open to a candidate that is practiced trained with industry experience, or an industry trained ACCA/CIMA.
• Experience in the real estate industry would be desirable but not essential, but if you are not working in property/real estate then the successful candidate would need to be able to demonstrate a genuine interest in operating within the sector.
• Experienced with overseeing / developing a team
• Consistent with the point raised earlier in the advert; FP&A in our clients team is very much an evolving function that is still not fully matured yet so an ability to drive your own timetables and develop reporting requirements would be needed.
• Communication skills suitable for various internal and external stakeholders.

Our client is central London located and operate a four days p/w working in the office pattern, with one from home.