Financial Operations Manager

3 weeks ago


Sutton Coldfield, Birmingham, United Kingdom Reed Full time
Job Title: Finance Manager

We are seeking a highly skilled Finance Manager to join our team at Reed. As a key member of our finance department, you will be responsible for overseeing the financial operations of our luxury home builder.

Key Responsibilities:
  • Manage financial health, prepare management accounts, and process VAT returns in line with HMRC regulations.
  • Ensure accurate and timely CIS deductions and returns, maintaining compliance with legislation.
  • Process invoice processing, ensuring correct assignment to projects.
  • Oversee accounts payable and receivable to monitor cash flow and ensure prompt transactions.
  • Conduct detailed cash flow forecasting to manage liquidity and project funding.
  • Maintain overhead forecasts to support accurate cost allocation and financial planning.
  • Liaise with lending banks, providing necessary financial information and ensuring loan agreement compliance.
  • Perform general bookkeeping, maintain accurate financial records, reconcile accounts, and manage ledgers.
  • Produce regular financial reports, including profit and loss statements, balance sheets, and cash flow forecasts.
  • Utilize Xero for financial management and reporting, ensuring data accuracy.
  • Assist in annual budgeting and financial forecasting, monitoring against budgeted figures.
  • Conduct bank reconciliations for precise cash flow management.
  • Maintain tax compliance for the business.
  • Recommend process improvements for financial systems to enhance efficiency and accuracy.
Requirements:
  • Professional accounting qualification (ACCA, ACA, CIMA).
  • In-depth knowledge of VAT regulations and tax compliance.
  • Extensive experience with Xero accounting software.
  • Exceptional attention to detail and commitment to financial data accuracy.
  • Strong analytical and problem-solving abilities.
  • Proficient in financial software and Microsoft Excel.
  • Capable of managing multiple projects and meeting deadlines.
  • Excellent communication and interpersonal skills.
  • Experience in construction finance and familiarity with CIS highly desirable.


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