Candidates

Description

We have a current opportunity for a Operational Finance Director – Real Estate on a permanent basis. The position will be based in London. For further information about this position please apply.

Our client is a privately owned company focused on residential and commercial real estate across the United Kingdom.  They are now recruiting an Operational Finance Director to focus on the day to day running of the finance team for the company’s operating businesses in student accommodation and PRS/build-to-rent.

The Main Responsibilities for the Operational Finance Director will be:

• Liaising with development finance lenders and banks to provide accurate information and fulfil reporting obligations.
• Oversight of the management accounts for all SPV’s.
• Oversight of posting monthly accruals, prepayments, and similar accounting entries.
• Leading the year-end audit process.
• Producing and maintaining the monthly VAT and CIS returns.
• Proactively seeking efficiencies and streamlining process & systems.
• Ensuring effective cash control, debt management, tax implications and covenant compliance.
• Ensuring effective risk controls are put in place and maintained.
• Reviewing existing ways of working and can manage processes more efficiently and build effective and efficient reporting policies and forecasting systems.
• Responsibility for producing the annual financial statements and accounts.
• Understanding of tax structures and trust structures.
• Strong understanding of operational real estate with prior experience in one or more of student accommodation, PRS/build-to-rent or later living.
• Understanding complex P&L matters.
• Awareness of the general debt market and loan agreements.
• Monthly reporting of various metrics to the board, including monthly P&L’s, development costs on build programmes.
• Managing a well established and competent team.

The Successful Candidate will have:

• At least ten years’ experience of undertaking a similar Operational Finance Director role working in one or more student accommodation, PRS/build-to-rent or later living customer facing organizations.
• A strong background in financial rigour is essential
• Ability to work successfully as part of a small, close-knit team but also to be able to work independently.
• Possess a strong operational finance skillset.
• An individual with the skillset and ability to lead and manage teams.
• Financially astute with a strong attention to detail.
• Formal qualifications as an accountant – either ACA, ACCA or CIMA or similar.

This is an excellent opportunity for a well established and competent finance professional to join a business that has a clear idea of its future path.