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%.