Finance Director - Property Development. Our Client are an established property development company who is known for their high-end, designer homes. All their developments are unique and tailored to meet certain level of standards. They are now looking for a Finance Director to run and manage the full accounting function.
The Role, reporting to the main board Directors, will include the following duties:
- Overseeing the preparation of management accounting including the budgets, forecasts
- Producing the statutory accounts for company and SPV companies under UK GAAP
- Responsible for the monthly reporting
- Producing the year-end accounts
- Liaising with the external tax advisors on corporate tax issues
- Managing the payroll
- Managing and signing off payments
- Arranging any insurance
- Taking responsibility for the development/project accounting including cost control
- Conducting feasibility studies
- Running development appraisals and cash flows
- Preparing drawdowns
- Investor reporting
- Setting up and closing down companies
- Dealing with off‐shore structures
- Producing cost report analysis
- Liaising with the banks to secure funding
- Producing quarterly reports for banks and auditors
- Assisting with the property acquisitions and disposals
The Person must be a qualified accountant (ACA/ICAEW/ACCA/CIMA) with significant experience of leading and managing a finance function. Experience of working for another property development firm is highly desirable. Good, solid technical accounting, banking and business skills are needed as part of this dynamic and commercial Finance Director role. The applicant will have the ability to improve, change processes and process to increase efficiency of the accounting team. If the incumbent has banking relationships it will be advantageous as well experience of setting up JV structures and investment vehicles. The individual that is required is for a dynamic and entrepreneurial residential property company.
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