Finance Director

Role overview

• ID: 2024-6507
• Entity: Vistry
• Region: Vistry Devon South West
• Department: Finance & Tax
• Contract Type: Permanent - Full Time
• Job Location: Exeter, Devon
• Date Posted: 06.11.2024

We have a fantastic opportunity for a Finance Director to join our team within Vistry Devon South West, at our office in Exeter, Devon. As our Finance Director, you will be responsible for the ownership of all financial planning, analysis, control and reporting for the region, working alongside other department heads and directors to ensure the objectives contained within the region’s budgets/forecasts are met in a cost-effective manner.

We are pleased to say, this role can accommodate agile working arrangements.

• Let’s cut to the chase, what’s in it for you...
  • Competitive basic salary and annual bonus
  • Company car, car allowance or travel allowance
  • Agile working possible (dependent on role)
  • Up to 33 days annual leave plus bank holidays
  • Private Healthcare
  • Enhanced maternity, paternity and adoption leave
  • Competitive contributory pension scheme
  • Life assurance – 4 x your annual salary
  • Share incentive schemes
  • Employee rewards portal with many more benefits...
• In return, what we would like from you...
  • Behave in line with our company values – Integrity, Caring and Quality
  • Professional accountancy qualification
  • Significant experience in a senior Finance position
  • Should ideally have worked at a senior level ideally within a UK construction/housebuilding organisation.
  • Demonstrable strong financial management and commercial experience and track record of supporting business growth
  • Well-developed analytical, oral and presentation/communication skills
  • Ability to formulate financial plans (long term and tactical) and ensure full engagement
  • Gravitas and profile to lead at a senior level and able to demonstrate the ability to influence change and build strong financial management within the business.
  • Excellent communicator
  • Loyal and supportive with surrounding team and a ‘can do’ attitude
  • Shows diplomacy and emotional intelligence
  • Dynamic and able to take a hands-on approach in operational areas outside of their specialism.
  • A ‘look up and out’ approach
• More about the Finance Director role...
  • Act as a commercial partner to the Managing Director and Divisional Finance Director, supporting him/her in all aspects of the management and leadership of the region, also acting as a deputy as required.
  • Act as the financial conscience of the region supporting the Managing Director in appraising proposals and opportunities and ensuring full awareness of all key financial matters.
  • Contribute to the investment appraisal for all land purchases, identifying notable risks and specifically reviewing the proposed house mix, sales prices, build costs and layouts to ensure that the viability has a credible basis.
  • Deal with specific cost issues including provision requirements and work with regional team members to limit the financial effect of such issues. Ensure the regional Managing Director is aware of the financial impact of such cost issues.
  • Oversee the preparation of monthly management accounts and associated financial analysis in line with agreed timescales and content.
  • Direct and review the budgeting and forecasting process for the region including detailed reviews with members of the regional board of directors.
  • Monitor regional performance against budgets and forecasts.
  • Responsible for all aspects of cash management within the region, including accurate reporting on cash inflows and outflows on a weekly basis and ensuring that all outstanding debtors are paid within the required timescales.
  • Develop, control, and implement strategies which enable effective financial control and management over the region and involvement in the improvement of financial process across the Group.
  • On an annual cycle, project manage a strategic review of the region’s three-year strategic plan looking at both the qualitative and quantitative aspects of the plan.
  • Responsibility for land viabilities after the land has been acquired to monitor and report on any changes to the key assumptions made at acquisition.
  • Prepare weekly profit outlooks for the end of the current quarter taking information from build, sales and legal as to what will be achieved.
  • Control general overheads, including the process of order and invoice authorisation within the region.
  • Provide clear leadership, direction and motivation of staff within the department to ensure that work programmes are fulfilled in accordance with the Region’s budgets/forecasts.
  • Contribute effectively to the running of the region through your membership of the regional board of directors.
  • Attend regional Management Team/Board meetings to advise on financial and commercial issues.
  • Ensure that the team is aware of its progress towards achieving the Region’s financial targets and if practicable, influence accordingly.
  • A positive contribution towards the planned expansion of the Region/Company, with particular emphasis upon increased profits and return on capital employed, and the setting of the appropriate budgets and development of forecasts.
  • Management of JV relationships, agreements, and financial commitments, working to not only our internal financial calendar, but also the requirements of the JV financial year. Adhering to governance within the JV and preparation of stat accounts.
  • Key linkage to the Division with significant interaction with Divisional Managing Director and Divisional Finance Director.
  • Key linkage to Group with significant interaction with Group Finance Director and Group Financial Controller.

Finally, let’s tell you a bit more about us...

We’re Vistry Group, the UK’s leading provider of affordable mixed-tenure homes. Our core values of integrity, caring, and quality shape all we do; our partnership-led approach helps us build sustainable communities where they’re needed most.