Finance Director (Property Investment)
- Recruiter
- AJ Chambers
- Location
- Cambridge, UK
- Salary
- 80,000 - 110,000 GBP
- Posted
- 20 May 2022
- Closes
- 03 Jun 2022
- Ref
- 3125103583
- Job role
- Finance director
- Sector
- Accounting - Public practice
- Experience level
- Director
Finance Director (Property Investment)
We are currently working with a Property Investment Company that has an exciting opening to lead their Finance Team in Cambridgeshire.
With over 50 years of experience in property investment, our client's core focus is on the quality of service they provide. They have an enviable portfolio covering Cambridgeshire and surrounding areas.
Reporting directly to the Managing Director, you will be responsible for all financial aspects of the group and the major client. You will have one direct report (Finance Manager) with a strong finance team to support.
Your Objectives:
Board Duties: 25%
We are currently working with a Property Investment Company that has an exciting opening to lead their Finance Team in Cambridgeshire.
With over 50 years of experience in property investment, our client's core focus is on the quality of service they provide. They have an enviable portfolio covering Cambridgeshire and surrounding areas.
Reporting directly to the Managing Director, you will be responsible for all financial aspects of the group and the major client. You will have one direct report (Finance Manager) with a strong finance team to support.
Your Objectives:
- You will provide the Board with financial information and insight
- You will support the MD in running the business as part of the Executive Team
- You will organise and lead the work associated with financial and management accounts
- You must ensure that all regulatory taxation requirements are adhered to
- You must ensure borrowings are reported on and compliance returns are completed
- You will source funding for refinancing and new purchases. Maintaining banking relationships and expanding to new funders as required
- You will be the main point of contact for the major client regarding financial reporting for their portfolio
- You will have responsibility for the design and implementation of internal controls and processes
Board Duties: 25%
- You will present the monthly finance pack to the board
- You are a knowledgeable and proactive member of the board
- You will design and present other financial information as required
- You will make financial recommendations based on business needs and improve investment returns
- You will support the MD in running the business as part of the Executive Team
- You will assess the viability of projects and purchases and analyse the return on investment
- You must ensure that the profitability of each of the properties is reviewed and presented
- You must ensure that all financial accounting is completed in a timely fashion, including liaison with the group's auditors
- You will manage the cash flow and treasury
- You will manage tenant arrears and quarterly reporting
- You will sign off prospective tenant credit checks
- Responsibility for the design and implementation of internal controls and processes
- You must ensure that monthly accounts are produced including variance analysis, P&L and Balance sheets accurately and in a timely fashion
- You will support the Finance Manager with management of the wider finance team as required
- You will manage the budgeting process for the group and the major client
- You will manage the accounts software and ensure that we are utilising it to its maximum capacity
- You will establish and maintain good relationships with funders to support the needs of the group and major client
- You must ensure that all funders receive accurate and timely compliance returns based on their requirements
- You will work with financial institutions to obtain financing for new purchases, developments, and refinancing
- You must ensure that all regulatory requirements are adhered to for VAT, Corporation tax etc and effective tax planning is undertaken
- You will liaise with the external auditors and other professionals over Corporation tax and maximisation of capital allowance claims
- You will prepare accounting information for our major client's personal taxation working closely with their accountants and tax advisers
- You will look for opportunities to develop finance team staff and regularly assess their abilities based on business needs, in conjunction with the Finance Manager
- You must ensure there are regular one to one meetings with the Finance Manager and they conduct the same with the wider finance team
- You have oversight of utility contracts and the renewal process
- You have oversight of weekly and monthly payrolls
- You are the Bank signatory and payment processer
- You will undertake any additional tasks and responsibilities necessary to achieve the objectives of the role
- Highly Competitive Salary (Market Rate)
- Private Healthcare
- Contributory Pension Scheme
- Salary Exchange