Finance Manager
*Annual Salary: Circa £50,000 per annum plus benefits
*Location: Central London
*Job Type: Full-time
Our client well-established construction firm are seeking a Finance Manager to join their team in London. This role is ideal for a professional with a recognised qualification and experience in finance management.
The successful candidate will be responsible for overseeing various financial tasks, ensuring accuracy and compliance in all financial records and 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 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 CIS related matters including subcontractor verification, issuance of deduction certificates, preparation & processing of monthly CIS return 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 preparation of annual revenue and cost budgets.
Required Skills & Qualifications:
*Fully Qualified Accountant (ACCA, CIMA or ACCA or equivalent.
*Relevant experience in finance management.
*Experience within the construction sector or similar industry.
*IT literate with proficient knowledge of Microsoft Office software packages.
*Knowledge of Xero accounting software is highly desirable.
*Highly professional, well-presented, reliable, punctual, and responsible.
*Excellent organisational skills and a strong team player.
Benefits:
*Competitive salary.
*Opportunity to work in a dynamic and supportive environment.
*Professional development and career advancement opportunities.
To apply for this Finance Manager position, please submit your CV and cover letter detailing your relevant experience and why you are interested in this position.