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 RecruitmentWe Exist To Be Different - Membership NOT Registration
Back to searchDivisional Finance Director
Vitae Financial Recruitment Limited
Posted 13 days ago, valid for 6 days
Watford, Hertfordshire WD24 4LH
£48,000 - £57,600 per annum
Full Time
In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.
Sonic Summary
- The Divisional Finance Director position in Watford, Hertfordshire offers a salary between £90,000 and £100,000 per annum, along with benefits including a £7,000 car allowance and a bonus of up to 24%.
- The role requires a qualified accountant (ACA, ACCA, CIMA) with significant experience in leading teams, ideally within the construction or infrastructure sectors.
- Key responsibilities include overseeing monthly management accounts, project cost reconciliations, and attending project review meetings to assess performance.
- The successful candidate will also be involved in producing quarterly forecasting packs and reviewing project balance sheets to ensure accurate financial reporting.
- This hybrid role involves leading a team of four direct reports and requires strong business partnering skills to influence senior stakeholders.
