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Investment Partnerships Finance Manager - Residential Development

Job LocationLondon
EducationNot Mentioned
SalaryCompetitive salary
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent , full-time

Job Description

Role Overview:Reporting to Finance DirectorResponsibilities:Investment Partnerships: Manage financial aspects of various investment partnerships, working with local authorities and housing associations for housing and commercial development.Entities: Oversee financial matters for over 10 partnership entities.Ledgers and Treasury: Handle purchase, subcontract, and sales ledgers, as well as the treasury function.Role Scope:Management Accounts:

  • Deliver monthly comprehensive management accounts.
  • Include key variances, work in progress summaries, contract cash lock-up, contract margins, and funding balances.
Business Plans and Budget:
  • Maintain investment partnership business plan models.
  • Collaborate with Directors and Heads of, for annual budget preparation.
Development Appraisals:
  • Oversee development appraisals for live schemes, ensuring real-time updates of costs and revenues.
Cash Flow Reporting:
  • Enhance cash flow reporting processes for short-term and long-term forecasts.
Bank Accounts and Reconciliations:
  • Oversee daily bank reconciliations and manage bank accounts.
Ledger Teams:
  • Supervise purchase, subcontract, and sales ledger teams for timely processing.
Other Responsibilities:
  • Undertake ad hoc responsibilities, process improvements, and financial analyses.
Key Internal/External Relationships:Internal:
  • Investment Partnerships Management Team.
  • Investment Partnership partners.
  • Banks.
  • Auditors.
External:
  • Investment Partnership stakeholders, primarily affordable housing and local government entities.
Key Focus Areas:Health & Safety:
  • Understand and adhere to the Groups health and safety procedures.
Quality:
  • Financial management with a focus on cash management.
  • Ensure routine processes are embedded to manage risk efficiently.
Delivery:
  • Deliver financial information according to monthly, quarterly, and annual timetables.
Financial:
  • Achieve specific financial targets annually.
People:
  • Lead a team, including management accountants, Treasury Assistant & Ledger Team.
Skills, Experience, and Attributes:Qualifications:
  • Professionally Qualified Accountant with substantial PQE, preferably in the real estate industry.
Experience:
  • Real estate development experience, especially in residential development.
  • Experience in implementing new processes and procedures.
Financial Management:Strong financial management and commercial experience.Ability to formulate long-term and tactical financial plans.Leadership:
  • Enthusiastic leader and team player.
  • Ability to influence change and build strong financial management within the business.
Communication:
  • Well-developed analytical, oral, and presentation skills.
  • Ability to get buy-in, influence, and persuade.
Other Attributes:
  • High energy and team spirit.
  • Pragmatic approach to problem-solving.
  • Ability to work under pressure with a high degree of accuracy.
  • Self-starter with the capability to maintain momentum on projects.
  • ACA, ACCA or CIMA qualified accountant
  • Background in residential development or the wider real estate sector
Expectations from Every Employee:Teamwork:
  • Work collaboratively as one team with all at Hill.
Professionalism:
  • Maintain and enhance the companys reputation, be professional and consistent.
Adaptability:
  • Undertake any duties required to meet the business needs in a changing and growing environment.
Compliance:
  • Read, understand, and comply with company policies and procedures.
Values:
  • Demonstrate and support the company values.
This is an excellent role for a high calibre financial manager. Career development will be good, and the client typically pays it staff extremely competitively.

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