Finance Manager

Far East Consortium is a global developer predominantly focused on large scales residential projects. We are an ambitious company with big plans and expect a lot from our employees. In return we offer a vibrant working environment, competitive salaries, and reward success. There is certainly no ‘glass ceiling’ here; successful individuals are quickly recognized and rewarded accordingly – a career at Far East Consortium can be whatever you make of it.

FEC are undertaking the one of the largest regeneration schemes in Europe. In a joint venture alongside Manchester City Council the Victoria North project will deliver circa 15,000 homes alongside new leisure and commercial spaces.

The Role

Reporting to the Group Financial Controller, the Finance Manager is responsible for overseeing business finance and accounting activities.

The Finance Manager will be responsible for leading, developing and motivating two Finance Assistants; responsible for all aspects of Accounts Payable and Accounts Receivable

Responsibilities

The duties of the Finance Manager include, but are not limited to:

  • Review/prepare management accounts on a monthly basis with full balance sheet reconciliations and analysis for all entities within the Manchester sub group;
  • Review and maintain the integrity of key internal control systems and processes including approval systems and spreadsheets;
  • Ensure all suppliers are paid according to agreed terms;
  • Treasury management and cash flow forecasting to ensure sufficient funds are available, prepare funding requests for group when necessary;
  • Ensure group intercompany balances are reconciled on a monthly basis;
  • Prepare financial statements in local GAAP format for audit and submission to Companies House;
  • Ensure tax filings and compliance is maintained in accordance with HMRC deadlines for Corporation tax, VAT, CIS, Non-resident landlord self-assessments etc;
  • Manage the Manchester office operating budget
  • Review and prepare monthly internal project financial reports, liaising with the project and commercial teams as required;
  • Intercompany billings to other operating companies (opcos) and reconciliation of costs and recharges
  • Manage and supervise commercial asset rental billings
  • Reviewed aged customer reports and chasing outstanding debts
  • Liaise with external auditors, legal and bankers;
  • Control credit and chasing debt;
  • Establish and maintain filing systems as appropriate;
  • Supervise and develop two Finance Assistants;
  • Adhere to the company’s or organisation’s financial policies and procedures;
  • Deal with queries and provide assistance to stakeholders, customers, and clients as needed;
  • Attend finance department and company-wide meetings, assisting with financial reporting to managers and senior executives;
  • Suggest changes or improvements to increase accuracy, efficiency, and cost reductions;
  • Operate and maintain best practice in areas of ethics, integrity, morality and organisational responsibility

Personal Specifications

The successful candidate will possess the following traits and competencies:

  • ACA/ACCA qualified
  • Proven experience within the Property Development industry ideally
  • Managerial or supervisory experience
  • Attention to detail
  • Structured and organised approach to work

Benefits

  • Competitive salary
  • Discretionary annual bonus
  • 26 days annual leave
  • Company Pension Scheme
  • Private Medical Insurance
  • Life Assurance
  • Voluntary benefits including gym membership discounts and cycle to work

Equal Opportunities

It is the Company’s policy to treat all employees and job applicants fairly and equally regardless of their gender, marital or civil partnership status, race, national or ethnic origin, social or economic background, disability, religious belief, sexual orientation, or age. Furthermore, the Company will ensure that no requirement or condition will be imposed without justification which could disadvantage individuals purely on any of the above grounds.

The policy applies to recruitment and selection, terms and conditions of employment including pay, promotion, training, transfer and every other aspect of employment. The Company regularly reviews its procedures and selection criteria to ensure that individuals are selected, promoted and otherwise treated according to their relevant individual abilities and merits.

The Company is committed to the implementation of this policy and to a programme of action to ensure that the policy is, and continues to be, fully effective. All staff are required to comply with the policy and to act in accordance with its objectives so as to remove any barriers to equal opportunity. Any act of discrimination by employees or any failure to comply with the terms of the policy will result in disciplinary action.

Please Note: Duties and responsibilities highlighted in this Job Description are indicative and may vary over time. Post holders are expected to undertake other duties and responsibilities relevant to the nature, level and extent of the post and the grade has been established on this basis.

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