At a Glance
- Tasks: Oversee financial processes for construction projects, ensuring accurate budgeting and reporting.
- Company: Join a leading contractor focused on high-quality residential properties across the UK.
- Benefits: Enjoy a dynamic work environment with opportunities for professional growth and development.
- Why this job: Be part of a team that delivers desirable homes while making a positive social impact.
- Qualifications: Bachelor's degree in finance or related field; 3-5 years in a managerial role preferred.
- Other info: Combination of office work and site visits; travel may be required.
The predicted salary is between 43200 - 72000 £ per year.
This contractor / Developer specialises in creating high-quality residential properties, catering to both owner-occupiers and global investors. The portfolio includes urban apartments, country homes, and affordable housing projects, with a focus on prime UK locations. The company has established itself as a prominent player in the UK property sector, delivering over 3,000 homes across 42 developments with a combined Gross Development Value (GDV) exceeding £435 million. The company's ethos centres on providing high-quality homes and investment opportunities, emphasising customer service and attention to detail.
The Development Finance Controller is responsible for overseeing the financial accounting, reporting, and control processes for real estate or infrastructure development projects. This role ensures accurate budgeting, forecasting, and financial analysis to support decision-making throughout the project lifecycle.
The Controller works closely with development teams, project managers, and senior leadership to manage cash flows, monitor project costs, assess financial risks, and ensure compliance with financial regulations and internal policies.
Key responsibilities include:
- Managing development budgets, preparing financial accounts, tracking performance against projections, and providing financial insights to drive project success.
- Lead the preparation and management of development project budgets and forecasts.
- Preparing annual accounts for developments and liaising with external accountants.
- Coordinate with development teams to ensure accurate cost estimates and financial plans.
- Monitor and analyse actual project costs against budgets.
- Identify variances, manage cost overruns, and provide recommendations for corrective action.
- Produce timely and accurate financial reports, including cash flow forecasts, project performance reports, and variance analyses.
- Prepare monthly, quarterly, and annual reporting packages for stakeholders and senior management.
- Support Group Commercial Manager with funding requirements for the business.
- Manage project cash flow to ensure sufficient liquidity and proper allocation of funds.
- Coordinate with auditors and prepare necessary documentation for financial reviews.
- Supervise finance staff involved in development accounting and reporting.
- Collaborate with other departments, such as construction, legal, and asset management, to ensure cohesive financial oversight.
Required Qualifications & Skillsets:
- Bachelor's degree in accounting, Finance, Business Administration, or a related field.
- Preference for CMA, ACCA certification but not mandatory.
- At least 3–5 years in a supervisory or managerial role.
- Strong knowledge of accounting standards.
- Proficient understanding of XERO accounting.
- Advanced Excel and financial modelling skills.
- Strong analytical, problem-solving, and organizational skills.
- Excellent leadership and team management capabilities.
- Effective communication skills for reporting to executives, boards, and auditors.
Work Environment: This role typically involves a combination of office work and on-site meetings. Travel to construction sites may be required.
Please apply below and get in touch with Heather Duncan for more information.
Construction Finance Manager employer: Buildforce Solutions Ltd
Contact Detail:
Buildforce Solutions Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Construction Finance Manager
✨Tip Number 1
Familiarise yourself with the specific financial software mentioned in the job description, particularly XERO. Having hands-on experience or even completing a short course can give you an edge and demonstrate your commitment to the role.
✨Tip Number 2
Network within the construction and finance sectors. Attend industry events or join relevant online forums to connect with professionals who may provide insights or referrals that could help you land the job.
✨Tip Number 3
Prepare to discuss your previous experiences in managing development budgets and financial reporting during the interview. Be ready to share specific examples of how you've successfully handled cost overruns or improved financial processes.
✨Tip Number 4
Research the company’s recent projects and their impact on the community. Understanding their ethos and values will allow you to align your answers with their goals, showcasing that you're not just a fit for the role but also for the company culture.
We think you need these skills to ace Construction Finance Manager
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to grasp the responsibilities and qualifications required for the Construction Finance Manager position. Tailor your application to highlight relevant experience and skills that align with the role.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience in financial management, particularly in construction or real estate projects. Use specific examples to demonstrate your ability to manage budgets, forecasts, and financial reporting.
Showcase Technical Skills: Make sure to mention your proficiency in accounting software like XERO and your advanced Excel skills. Provide examples of how you've used these tools in previous roles to enhance financial analysis and reporting.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also conveys your passion for the construction industry and commitment to delivering high-quality projects. Address how you can contribute to the company's ethos of customer service and attention to detail.
How to prepare for a job interview at Buildforce Solutions Ltd
✨Know Your Numbers
As a Construction Finance Manager, you'll need to demonstrate your financial acumen. Brush up on key financial metrics relevant to construction projects, such as GDV, cash flow forecasts, and budget variances. Be prepared to discuss how you've managed budgets in previous roles.
✨Showcase Your Leadership Skills
This role requires strong leadership capabilities. Think of examples where you've successfully led a team or managed a project. Highlight your ability to communicate effectively with various stakeholders, including development teams and senior management.
✨Familiarise Yourself with XERO
Since proficiency in XERO accounting is preferred, make sure you understand its functionalities. If you have experience with it, be ready to share specific instances where you used XERO to improve financial reporting or budgeting processes.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills, especially regarding cost overruns or financial discrepancies. Prepare scenarios from your past experiences where you identified issues and implemented corrective actions to keep projects on track.