Finance Manager

3 days ago

Battersea, United Kingdom AJ Chambers Full time

**Finance Manager (Property Investment)**

We are exclusively representing a Property Investment company that specialises in Property Company Acquisitions, and due to growth, are seeking a Senior Accountant based full-time at their Battersea offices.

You will be a self-motivated individual capable of managing your workload with mínimal supervision. You will be a confident and enthusiastic team player that is responsible for the delivery of core financial control activities including financial reporting,accounting and finance operations and commercial finance activities including budgeting and forecasting.

You will play a key role within a small Finance team reporting to the Director/Owner, with one full-time assistant reporting to you. You will also have regular attendance from their firm of accountants to support.

**Your Responsibilities**:
**Financial Reporting**
- preparation of Quarterly Management Accounts for all entities.
- performing key month-end close activities including bank reconciliations, accruals, balance sheet reconciliations and other ledger close activities on QuickBooks.
- preparation of Year End Financial Statements including liaising with external auditors during the audit process.
- preparation and submission to HMRC of Quarterly VAT Returns.
- preparation and submission to HMRC of monthly CIS Returns.
- liaising with CFO/CEO on company financial performance including cash balance review and answering any queries.
- liaising with the auditors and assisting with annual corporation tax calculations and financial statement preparation.

**Operational Finance Activities**
- prepare annual budgets for all entities.
- prepare an annual expected revenue forecast.
- maintain tight control of overhead cost ledger against budget and report any overspend monthly to CEO.
- prepare and maintain Cashflow Forecast and report to CEO monthly.
- continuously monitor the forecast for development management fees throughout the project life cycle to ensure expected revenue is accurate.
- monitor cash balance closely.
- key treasury responsibilities including the filing of Confirmation Statements with Companies House as well as ensuring financial statements and corporation tax returns are filed on time.

**Commercial Project Reporting**
- preparation of monthly drawdown packs to external funding partners.
- preparation and updating of project cashflow forecast monthly.
- analysing project costs against appraisal and reporting any variances to external funding partners and development surveyors.
- remaining a key point of contact between the project team and funding partners when resolving any financial queries.
- assist the project team with the handover of utility contracts on the purchase of a new asset.
- set up new legal entities when required for the purchase of new assets.
- record company sales and acquisitions

**Accounts Payable and Receivable Cycles**
- managing the accounts payable and payments cycle for all entities.
- screening of purchase invoices to determine whether they are addressed to the correct legal entity.
- preparation of employee expense reports.
- posting of invoices and tracking them through the approval process.
- ensuring invoices are within budget and allocated correctly.
- managing the payment process through online banking facilities.
- issuing remittance advice.
- preparation of sales invoices for project development management fees.
- debtor recoverability.

**Ad-hoc Activities**
- bank detail verification.
- answering supplier invoice queries.
- answering all finance-related queries to internal and external stakeholders.
- being a key point of contact with bank relationship managers to assist with any queries.
- assisting with the annual insurance renewal process.
- maintain Funders list of key contacts.

**Your Skills**
- Qualified ACCA, ACA, CA, CIMA, or Qualified by Experience
- Experience working for a Property Company would be desirable

**Remuneration and Rewards**
- Base salary of £65,000 - £70,000
- 25 Days Holiday + Bank Holiday
- Company Pension

**_For further information on this exciting new Senior Accountant position, please contact Darren Buckley at AJ Chambers_

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