Finance Manager
other jobs Watsham Consulting
Added before 8 Days
- England,London,City of London
- Full Time, Permanent
- £50,000 - £55,000 per annum
Job Description:
Full job descriptionFinance Manager
London, SW6, nearest station Putney Bridge (office based 5 days a week)
Permanent, full-time
£50,000 - £55,000 depending on experience
About the Role
We’re excited to be partnering with a new client based in South West London (SW6, Putney Bridge) and leading their search for an experienced Finance Manager.
The Finance Manager will take ownership of all day-to-day transactional accounting across the business. Working closely with the external accountants, who currently handle CIS returns and VAT returns. The intention is to bring all accounting and reporting in-house which, as the dedicated finance specialist, the Finance Manager will lead.
Key Responsibilities
*Run all transactional processing for the business, including purchase ledger, banking and cash management.
*Process and manage subcontractor payments, including CIS verification, deductions, statements and payment records.
*Prepare and process applications for payment, valuations, retentions and subcontractor invoicing in line with contracts.
*Manage cash flow, payment runs and supplier and subcontractor payment schedules.
*Liaise with the external accountants on CIS returns, VAT returns, providing accurate and timely information.
*Maintain accurate financial records and ensure month-end processes are completed on time.
*Support management with job costing and project financial information.
*Ensure compliance with HMRC requirements, including CIS and VAT (including domestic reverse charge where applicable).
Key Project: Bringing Accounting In-House
Over time, the Finance Manager will plan and deliver the transfer of accounting and reporting functions from the external accountants to the business. This will include:
*Taking over CIS, VAT returns and management information reporting.
*Developing management reporting, including monthly accounts, budgets and forecasts.
*Establishing processes, controls and documentation to support the in-house function.
*Managing the ongoing relationship with the external accountants for year-end accounts and tax, where required.
Skills and Experience
Essential
*Qualified by experience with a strong track record in a similar role.
*Previous experience working within the construction industry.
*Proven experience dealing with subcontractors and managing CIS.
*Strong knowledge of purchase ledger, banking and cash management.
*Good working knowledge of VAT, including construction-specific rules.
*Excellent attention to detail, with the ability to work independently and prioritise a varied workload.
*Strong communication skills, with the confidence to work with directors, site teams, subcontractors and external advisers.
Desirable
*Experience using EQUE2 construction accounting software.
*Experience of leading or contributing to a finance transition or systems project.
*Experience of management reporting, budgeting and forecasting.
What’s On Offer
*A key role with real ownership in a small, close-knit business.
*The opportunity to build and shape the finance function.
*£50,000 - £55,000 per annum
*9-5, 35 hour week
*25 days annual leave PLUS Christmas shut down
London, SW6, nearest station Putney Bridge (office based 5 days a week)
Permanent, full-time
£50,000 - £55,000 depending on experience
About the Role
We’re excited to be partnering with a new client based in South West London (SW6, Putney Bridge) and leading their search for an experienced Finance Manager.
The Finance Manager will take ownership of all day-to-day transactional accounting across the business. Working closely with the external accountants, who currently handle CIS returns and VAT returns. The intention is to bring all accounting and reporting in-house which, as the dedicated finance specialist, the Finance Manager will lead.
Key Responsibilities
*Run all transactional processing for the business, including purchase ledger, banking and cash management.
*Process and manage subcontractor payments, including CIS verification, deductions, statements and payment records.
*Prepare and process applications for payment, valuations, retentions and subcontractor invoicing in line with contracts.
*Manage cash flow, payment runs and supplier and subcontractor payment schedules.
*Liaise with the external accountants on CIS returns, VAT returns, providing accurate and timely information.
*Maintain accurate financial records and ensure month-end processes are completed on time.
*Support management with job costing and project financial information.
*Ensure compliance with HMRC requirements, including CIS and VAT (including domestic reverse charge where applicable).
Key Project: Bringing Accounting In-House
Over time, the Finance Manager will plan and deliver the transfer of accounting and reporting functions from the external accountants to the business. This will include:
*Taking over CIS, VAT returns and management information reporting.
*Developing management reporting, including monthly accounts, budgets and forecasts.
*Establishing processes, controls and documentation to support the in-house function.
*Managing the ongoing relationship with the external accountants for year-end accounts and tax, where required.
Skills and Experience
Essential
*Qualified by experience with a strong track record in a similar role.
*Previous experience working within the construction industry.
*Proven experience dealing with subcontractors and managing CIS.
*Strong knowledge of purchase ledger, banking and cash management.
*Good working knowledge of VAT, including construction-specific rules.
*Excellent attention to detail, with the ability to work independently and prioritise a varied workload.
*Strong communication skills, with the confidence to work with directors, site teams, subcontractors and external advisers.
Desirable
*Experience using EQUE2 construction accounting software.
*Experience of leading or contributing to a finance transition or systems project.
*Experience of management reporting, budgeting and forecasting.
What’s On Offer
*A key role with real ownership in a small, close-knit business.
*The opportunity to build and shape the finance function.
*£50,000 - £55,000 per annum
*9-5, 35 hour week
*25 days annual leave PLUS Christmas shut down
Job number 4300806
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