Finance Manager
Finance 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