Senior Finance Manager

2 months ago


London, United Kingdom Foxtons Estate Agents Full time

Due to an internal promotion the position of Finance Manager is available. The Finance Manager reports into the Head of Financial Reporting with the following responsibilities:
Financial & Statutory Reporting (75%)
• Assisting with financial reporting responsibilities including the month end close and provision of weekly and monthly management information and performance indicators to the Board and other stakeholders.
• Support the Head of Financial Reporting and wider finance team to manage and deliver the Group's interim statement and full year statutory accounts including:
o Drafting/reviewing key financial reporting position papers and back half disclosures
o Provision of high quality and timely information to auditors and working with them to close audit questions out efficiently
o Review of other disclosures and supporting workpapers produced by other members of the financial reporting team
o Own the project management of the audit from our side
o Verification of front half and back half of financial statements
• Assisting the Head of Financial Reporting on technical accounting matters under IFRS, including drafting papers for the Audit Committee presentations.
• Owning IFRS15 accounting, reporting requirements and analysis
• Acquisition accounting and support:
o Finance lead on integration of acquired companies into the Foxtons Group (own the finance relationship, review business operating costs to identify and realize synergies)
o Acquisition accounting and liaison with auditors
Business partnering the Foxtons IT development team to understand projects they are working, assess the ability to capitalize projects and ensure correct support is kept and produce clear analysis ensuring the team is fully utilized.
• Individual entity statutory accounts preparation and liaison with auditors.
Coaching Finance Team & Continuous Improvement (25%)
• Support the Head of Financial Reporting in review and coaching of wider financial reporting team (3 people, not direct reports of this role).
Head of Financial Reporting (direct report to)
• Director of Finance
• Commercial Finance Team
• Lettings Accounts director and lettings accounts team
Based at the Group's Head Office in Chiswick, W4 5BE
• Flexible working offered with 3 days office / 2 days WFH (flexibility around auditor office time required at interim and year end)
Experience auditing or working for a listed business
• Strong IFRS financial accounting skills, including a strong working knowledge of key financial controls, IFRS15 and acquisition/disposal accounting
• An individual with a strong vision, who knows "what good looks like", enjoys getting into the detail, but also sees the bigger picture and is able to drive financial control and reporting improvements across the business
• Strong business report writing skills and communication skills
Flexible, agile, and resilient
• Foxtons, listed on the London Stock Exchange, is London's leading residential estate agent and provides mortgage advice through its subsidiary, Alexander Hall. With a recognizable brand, over 1,200 employees (400 at Chiswick Park HQ), strong focus on leveraging technology and a 65 branch network covering London, Foxtons is a unique and rewarding business to join.
After refreshing the Management Team in 2022, the Foxtons Group is making strong progress on its growth strategy which is focused on acquisitions (2 made in 2023, 2 in 2022, 1 in 2021, 3 in 2020), growing market share and expanding its mortgage broking arm, Alexander Hall, driving productivity by investing in technology and people and growing its mortgage broking arm, Alexander Hall.



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