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Senior Finance Manager

Vitae Financial Recruitment
Posted 5 hours ago, valid for 3 days
Location

Watford, Hertfordshire WD17 1LA, England

Salary

£60,000 - £72,000 per annum

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Contract type

Full Time

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Sonic Summary

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  • The position is for a Senior Finance Manager in the construction sector located in Watford, Hertfordshire, offering a salary between £90,000 and £100,000 per annum plus benefits including a £6,000 car allowance and a bonus of up to 24%.
  • The successful candidate will report to the Finance Director and manage the day-to-day operations and financial controls of the unit.
  • Key responsibilities include overseeing monthly management accounts, reviewing project reconciliations, and participating in project review meetings to assess performance.
  • Applicants should be fully qualified accountants (ACA, ACCA, CIMA) with experience in long-term contract accounting within construction or infrastructure.
  • Strong business partnering skills and the ability to influence senior stakeholders are essential for this role.
Senior Finance Manager (Construction), Watford, Hertfordshire, hybrid working
90- 100kpa plus benefits including 6k car allowance, bonus of up to 24%

Our client, an employee of choice in the local area are looking for a Senior Finance Manager, 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.


The ideal candidate will be fully qualified accountant (ACA, ACCA, CIMA) and have experience within the construction sector. 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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