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Divisional Finance Director

Vitae Financial Recruitment
Posted 2 days ago, valid for 17 days
Location

Watford, Hertfordshire WD17 1LA, England

Salary

£90000 - £100000/annum Car- £7k, 24% bonus

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Contract type

Full Time

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Sonic Summary

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  • The Divisional Finance Director position in Watford, Hertfordshire offers a salary between £90,000 and £100,000 per annum plus benefits, including a £7,000 car allowance and a bonus of up to 24%.
  • The role requires a qualified accountant (ACA, ACCA, CIMA) with substantial experience in leading teams, particularly in the construction or infrastructure sectors.
  • Key responsibilities include overseeing the production of monthly management accounts and ensuring accurate reporting for review with senior directors.
  • The candidate will also attend project review meetings, assist in quarterly forecasting, and review project balance sheets and cash positions to ensure compliance and accuracy.
  • Natural business partnering skills and the ability to influence senior stakeholders are essential for success in this role.
Divisional Finance Director, Watford, Hertfordshire, hybrid working
90- 100kpa plus benefits including 7k car allowance, bonus of up to 24%

Our client, an employee of choice in the local area are looking for a Divisional Finance Director, following an internal move. The business will offer the chosen candidate a great career path and a rewarding future. This role reports into the Finance Director and will be responsible for the day to day-to-day operation and control of this operating unit.

Key Duties:-
* Overseeing the production of the monthly management accounts (order to gross income & cash) ensuring accurate and timely reporting for review with the Finance Director and Commercial Director.
* Review of project monthly cost and value reconciliations, ensuring concepts such as project revenue, margin, accruals, prepayments, and provisions are recorded, compliant with policy and procedures and reported accurately by projects.
* Attending monthly project review meetings and quarterly project forecasting and reporting meetings, applying your existing knowledge of contract accounting and commercial awareness to scrutinise project performance.
* Assisting with the production of the quarterly forecasting pack, working closely with the team to ensure that risks, opportunities are all appropriately reflected and in accordance with business policies and procedures.
* Review monthly project balance sheets to ensure they accurately reflect the true project position (operationally and commercially) and that the key risks and opportunities on each project are understood.
* Review project cash positions (including approval of project bank account cash transfers) with project accountants to ensure cash to gross income differences are understood and communicated to commercial and operations teams on site.
* Lead and develop a team of 4 direct line reports.

The ideal candidate will be a qualified accountant (ACA, ACCA, CIMA) with experience of leading teams, particularly within construction / infrastructure. Experienced in long-term contract accounting within construction / infrastructure, is highly desirable. Natural business partnering skills are key as is experience of influencing the decision-making of senior stakeholders.

AGY - Vitae Financial Recruitment
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