Senior Financial Accountant - Development

TN United Kingdom; London; On-site; GBP 75,000; Full time

Job summary

A leading company in the development sector is seeking a Senior Financial Accountant to manage financial reporting for significant construction projects. The role involves collaboration with multiple stakeholders and offers a competitive salary of around £75,000 annually. Candidates should be ACA or ACCA qualified with extensive experience in financial accounting, particularly in the development/construction industry. The company values diversity and offers flexible working arrangements along with a comprehensive benefits package.

Benefits

Pension

Health benefits

Gym discounts

Store discounts

Family leave

Qualifications

• Must have at least 2 years post-qualified experience.
• Strong understanding of UK GAAP, FRS 102, IFRS.
• Energetic, passionate, and willing to challenge norms.

Responsibilities

• Ensure accurate quarterly segment reporting.
• Prepare management accounts for joint venture partners.
• Deliver UK GAAP or IFRS compliant annual financial statements.

Skills

Attention to detail

Time management

Organization

Self-starter

IT skills

Education

ACA or ACCA qualified

Tools

MS Excel

Yardi

CaseWare

Job description

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Senior Financial Accountant - Development, London

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Client:

Canary Wharf Group plc

Location:

London, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Reference:

784da1bdb59d

Job Views:

3

Posted:

23.05.2025

Expiry Date:

07.07.2025

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Job Description:

Department: Accounts

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Company: Canary Wharf Limited

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Reporting to: Financial Controller - Development (Interim)

Our Culture and Values:

Working at Canary Wharf Group means working for a forward-thinking, collaborative team. We hire staff who strive to make a difference and achieve the highest standards. Everyone is empowered to make a difference, and our ethos encourages everyone to think like an owner. Our business puts our customers and people at the heart of everything; we work to meet their needs and exceed expectations.

Our mission is to empower our people, engage our communities, and create sustainable places.

Our values help us achieve exceptional results:

Excellence: Commit to achieving the best with integrity

Collaboration: Make use of our vast experience and knowledge to work effectively together

Engagement: Develop our people, our communities, our stakeholders, and our environment, and be exceptional while respecting others

Ownership: Take responsibility and pride in what we deliver. Everyone has the opportunity to make a difference.

Innovation: Embrace change and encourage innovation

Job Summary:

The Senior Financial Accountant within the Development segment financial accounts team is responsible for reporting the actual results of certain developments and legal entities within the Development segment on a quarterly basis, both internally and to JV parties. The role involves interaction with multiple stakeholders internally and externally, including development debt and JV parties.

The Development segment encompasses the development and construction elements of the wider CWG business. The Group currently has over £2bn of construction activity and a pipeline including more than 500k square feet NIA of commercial properties and over 2,300 new homes for sale and rent. The team is responsible for initial development activities, land bank analysis, and design scheme considerations. The Construction Group manages the build of projects, contractors, and on-site activities.

The role will support the finance team in ensuring an efficient quarterly close process for shareholder reporting, interim and year-end statutory financial reporting, and the provision of high-quality management information, analysis, and insights.

4 days office / 1 WFH
Annual Salary circa £75k

Main Responsibilities:

1. Ensure quarterly segment reporting is accurate and meets the Group’s deadlines. Responsible for reporting actual results of developments and legal entities within the Development segment, including detailed reviews and support schedules.
2. Prepare management accounts for joint venture partners, including consolidations, review funding requirements, and facilitate equity calls.
3. Engage with tax, legal, and development finance on restructuring, debt deals, and transactions. Prepare accounting papers for transaction treatments.
4. Reconcile costs incurred to construction and development cash flows and finance drawdowns.
5. Deliver UK GAAP or IFRS compliant annual financial statements within deadlines, coordinate with auditors, and handle audit queries.
6. Ensure intercompany billings are up-to-date, coordinate with tax on cash flow impacts.
7. Manage a financial accountant, including performance management and development.
8. Identify and implement system and process improvements.
9. Assist in applying new accounting standards, including FRS 102 and IFRS.
10. Perform other finance tasks as required.

What We Require of You:

1. Must be ACA or ACCA qualified with at least 2 years post-qualified experience, ideally in development/construction industry financial accounting.
2. Good understanding of accounting standards, including UK GAAP, FRS 102, IFRS, and Companies Act requirements relevant to the industry.
3. Excellent IT skills; advanced MS Excel. Experience with Yardi and CaseWare is advantageous.
4. Energetic, passionate, self-starter, willing to challenge norms and explore new methods.
5. Strong attention to detail, adaptable, able to own tasks and responsibilities.
6. Highly organized with excellent time management skills; capable of working under pressure and managing priorities effectively.

What We Offer:

Diversity and Inclusion: We value diverse experience, skills, and perspectives, fostering an inclusive environment where everyone can reach their potential. We believe diversity enhances business performance and employee satisfaction. We welcome applicants from all backgrounds and are committed to an inclusive culture.

Flexible Working: We consider flexible working arrangements to support wellbeing, engagement, and productivity.

Learning and Development: We support skill enhancement through training, mentoring, cross-departmental experience, and educational opportunities, including sponsorships and certifications.

Other Benefits: Comprehensive benefits including pension, insurance, health benefits, gym discounts, store discounts, and family leave, designed to support employee wellbeing.

If interested, please complete the application form on this page. Early applications are encouraged as we may appoint at any time.