Finance Manager - London, United Kingdom - ACT London

Description

Job Description

About:

As the Finance Manager at ACT, you will play a pivotal role in overseeing the financial operations and ensuring the fiscal health of our organisation. This position offers an exciting opportunity to lead and manage the payroll and finance functions, contributing to the strategic direction and financial stability of our super-prime residential projects.

Key Responsibilities:

Financial Operations Management:

• Lead and manage all financial operations, overseeing payroll processing, expense management, accounts receivable, and financial reporting.

Payroll Processing and Compliance:

• Ensure accurate and timely payroll processing for employees and subcontractors, including tax calculations, pension contributions, and compliance with regulatory standards.

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.
• Analyse 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 optimise workflows and enhance financial management processes

Leadership:

• Lead and motivate the finance team, fostering a culture of excellence, accountability, and collaboration to achieve organisational 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.

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 + 8 days bank holidays. (3 Holidays to be taken during Christmas shutdown period).
• Birthday Leave – 1 day additional leave to be taken to celebrate your birthday.
• Length of Service Leave – You will receive 1 day holiday on top of your entitlement for every year that you have worked. (Maximum of 5 additional days).
• Company events and parties.
• Vitality Private Health Care
• Gympass
• NEST Pension scheme – ACT contribution of 3%.