Head of Finance - Developments (PH)
Our client is a long standing and privately owned group of companies focused on the student, PRS, residential development and commercial real estate sectors across the UK. They are seeking a Head of Finance – Developments who will be the primary finance contact for their development business which extends to a pipeline of over £750m. This is a new role and will suit an experienced finance professional who has worked with a development business and is at finance Director (or just below) level.
The key responsibilities for the successful candidate will be:
- Producing the Business Plan for the various development projects which consolidates the site appraisals and forecasts
- Working closely with the development teams to ensure the business plan is maintained and up to date
- Producing the management accounts for all companies which fall within the development business
- Preparing and posting monthly accruals, prepayments and similar accounting entries
- Leading the year-end audit process for the division
- Producing and maintaining the monthly VAT and CIS returns.
- Proactively seeking efficiencies and in streamlining process & systems.
- Ensuring effective cash control, debt management, tax implications and covenant compliance.
- Ensuring effective risk control and is a business partner actively working with development, land and sales teams
- Reviewing current ways of working and is then able to manage change to overhaul/streamline and build effective, efficient reporting, policies and forecasting systems.
- Responsible for producing the annual financial statements and accounts, ensuring a clean audit report and that the accounts follow best financial practice.
The Head of Finance – Developments will be:
- Qualified Accountant (ACA, ACCA, CIMA)
- Have significant post qualification experience in a similar position in one or more of the student, PRS, residential development and commercial development sectors
- A skill in the development of financial models
- Strong Excel skills with experience of producing a consolidated business plan and maintaining appraisals/financial models
- A commercially focused finance professional who can work as a business partner to the Development Director, CEO and CFO
This is an excellent opportunity for an experienced Head of Finance or Finance Director level individual to make a substantial difference to the way accounting is done for the major developments in this well established and successful business.
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