Finance Manager

• Annual Salary: £45,000 - £50,000 per annum
• Location: Central London
• Job Type: Full-time Monday-Friday – Hybrid 3 days in the office

My client is a high-end Construction business that specialise in bespoke Central London based projects. They are seeking a passionate and hands-on Finance Manager to join a small and professional team.

Reporting into the Finance & Operations Director, this role involves comprehensive management of financial tasks and requires a candidate who is highly professional, reliable, and possesses strong organisational skills.

Reviewing transactional accounting from an experienced Bookkeeper, you will be required to cover transactional duties from time to time, as Finance Manager will play a crucial role in maintaining and enhancing our financial operations, ensuring accuracy and compliance in all transactions.

Day-to-day of the role:

• Manage day-to-day bank reconciliation and bookkeeping administration using Xero Accounting Software in conjunction with a part-time Bookkeeper.
• Handle management of invoices payable/receivable including entry into Xero, uploading of relevant documentation, application of correct VAT treatment, monitoring of due dates, collection of delivery notes, and resolving queries.
• Undertake VAT analysis for all zero-rated and/or reduced-rated projects in conjunction with an external specialist, ensuring correct VAT treatment is reflected in all sales and purchase invoices.
• Maintain all financial records, both electronic and paper-based.
• Support the Finance Director (FD) in the preparation of monthly management accounts including preparation of P&L, balance sheet reconciliations, variance analysis, and posting of manual journals.
• Maintain accurate accounting records and undertake regular review of all general ledger accounts, posting manual journals as required.
• Prepare and submit bi-weekly/ad hoc supplier payment files for FD approval.
• Create monthly project cost reports and liaise with the Commercial Team to resolve queries and correct postings as required.
• Manage all Construction Industry Scheme (CIS) related matters including subcontractor verification, deduction certificates, preparation & processing monthly CIS returns and associated HMRC filings for approval by FD.
• Review quarterly VAT return for approval by FD prior to submission.
• Prepare and process monthly payroll and associated HMRC filings for approval by FD.
• Prepare annual PAYE related returns (P60, P11D) and provide P45’s as required.
• Process all workplace pension filings/payments/communications for approval by FD.
• Collect timesheets and maintain detailed analysis of project-based time costs for each employee, including allocation/posting to relevant project codes in Xero.
• Maintain personnel records including staff holidays and sickness records.
• Support the FD in the preparation of annual revenue and cost budgets.

Required Skills:

• Strong technical accounting fundamentals.
• Exposure and strong understanding of Management Accounting
• Competent knowledge of MS Excel
• Knowledge of Xero accounting software is highly desirable.
• Highly professional, adaptable and proactive.
• Willing to be hands-on in an SME environment, a team player with excellent organisational skills.

This role would suit someone working as a hands-on Management Accountant who is looking to take their next step or you might have proven experience in an SME environment as a Finance Manager.