At a Glance
- Tasks: Lead a finance team, manage complex accounts, and ensure financial accuracy.
- Company: Join a top property management group in East London with a dynamic culture.
- Benefits: Enjoy life assurance, pension contributions, gym discounts, and professional development sponsorship.
- Why this job: Make a real impact in finance while working with a supportive team.
- Qualifications: ACCA qualified with service charge accounting experience required.
- Other info: Great career growth opportunities in a fast-paced environment.
The predicted salary is between 36000 - 60000 ÂŁ per year.
Armstrong Knight are delighted to have partnered with one of the UK's industry-leading property management companies, with their head office based in East London. Our client is Londonâs largest privately owned property development and management group overseeing residential, hospitality, mixed-use, and commercial projects across London, the Home Counties, and the Midlands.
This role is for a Deputy Head of Finance, requiring ACCA or equivalent and significant service charge accounting experience. The role sits within the groupâs internal property management division and reports to the Head of Finance as the second position on the accounting team in the absence of the Head of Finance.
The successful candidate will oversee the daily operations of the accounts and credit control teams and will work directly with the most complex service charge accounts, ensuring all aspects of the duties supervised are delivered to a high standard.
Key Responsibilities- Manage a team of 8 direct reports and 3 indirect (7 in Accounts and 1 in Credit Control / Legal).
- Mentor and support the professional development of the team.
- Ensure reconciliations are performed regularly, and strong financial controls are observed.
- Prepare monthly management accounts and prepare the companyâs year end pack for the auditors.
- Prepare TBs and draft Year End Service Charge Accounts on the more complex sites.
- Supervise and sign off TBs, Service Charge Year End Accounts and Year End Reports prepared by the accounts team and liaise with the external certifying accountants.
- Monitor Purchase Ledger unauthorised bills and report weekly to highlight and avoid backlogs.
- Prepare monthly analysis of Debtors by site and cost type and interpret that analysis for non-financial stakeholders.
- Analyse external staffing costs to ensure all extra costs are fully understood.
- Forecast staffing and utility costs as part of budget preparation and mid-year revision.
- Perform mid-year expenditure reviews with the team and advise on actions needed.
- Prepare ad-hoc reports as required by leaseholders or internal stakeholders.
- Check and approve payments on Barclays.
- Oversee and support the team in the preparation of VAT Returns and Trust Tax Returns.
- Apply professionalism, accountability, and integrity in all dealings for and on behalf of clients and within Galliard.
- Champion exceptional customer services and ensure high levels are maintained.
- Encourage close working links between the property management team, accounts team, and credit control/legal team.
- Along with the Head of Property, ensure both property and finance teams work effectively to deliver budgets, year ends and mid-year reviews on time.
- Have a good knowledge of VAT accounting for service charges and rent on both residential and commercial sites.
- Be involved in establishing new accounting processes as needed, for instance in response to changing legislation.
- Identify the need and source training sessions from external companies as needed.
- Assist in the maintenance and development of software systems and technology such as BlueBox. Be involved in making the existing systems meet our changing needs.
- Contribute your ideas to departmental policies, driving change and improvements.
- Experience in the service charge accounting field.
- Must be fully qualified ACCA or equivalent.
- An understanding of the principles of lease structure and aptitude to read and interpret a range of leases and legal documents.
- You need to enjoy preparing detailed analysis, have an eye for the detail and keep sight of the big picture.
- Advanced Excel.
- To uphold the ethics of service charge management to ensure compliance.
- An in-depth comprehension of budgets and accounts, apportionments, utility billing, VAT, banking, and credit control.
- Ability to delegate, supervise and develop junior members of staff.
- Understanding of data security including GDPR.
- Maintains a positive attitude, is upbeat, flexible, and confident.
- Ability to work under pressure and prioritise their workload.
- Passionate about clients and a customerâfirst approach.
- Selfâstarter with excellent organisational skills and accurate attention to detail.
- Strong communication skills, quickly able to gain trust and confidence with people at all levels.
- Proâactive and enjoys working both independently and in a team, building and maintaining strong crossâfunctional relationships.
- Leads by example.
- Life assurance
- Matching contribution pension scheme
- Discretionary salary and bonus review
- Employee assistance programme
- Discounted gym memberships
- Cycle to work scheme
- Sponsorship of professional qualifications and accreditations
Deputy Head of Finance in London employer: Armstrong Knight
Contact Detail:
Armstrong Knight Recruiting Team
StudySmarter Expert Advice đ¤Ť
We think this is how you could land Deputy Head of Finance in London
â¨Tip Number 1
Network like a pro! Reach out to your connections in the finance and property management sectors. Attend industry events or webinars, and donât be shy about introducing yourself. You never know who might have the inside scoop on job openings!
â¨Tip Number 2
Prepare for interviews by researching the company and its projects. Familiarise yourself with their financial practices and recent developments in the property market. This will help you stand out and show that you're genuinely interested in the role.
â¨Tip Number 3
Practice your interview skills with a friend or mentor. Focus on articulating your experience in service charge accounting and team management. The more comfortable you are discussing your qualifications, the more confident you'll appear to potential employers.
â¨Tip Number 4
Donât forget to apply through our website! Weâve got loads of resources to help you land that Deputy Head of Finance role. Plus, itâs a great way to ensure your application gets noticed by the right people.
We think you need these skills to ace Deputy Head of Finance in London
Some tips for your application đŤĄ
Tailor Your CV: Make sure your CV is tailored to the Deputy Head of Finance role. Highlight your ACCA qualification and any relevant service charge accounting experience. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our team. Keep it concise but impactful, and donât forget to mention your leadership experience.
Showcase Your Team Management Skills: Since this role involves managing a team, be sure to highlight your experience in mentoring and developing staff. We love candidates who can lead by example and foster a positive work environment!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you donât miss out on any important updates from us!
How to prepare for a job interview at Armstrong Knight
â¨Know Your Numbers
As a Deputy Head of Finance, you'll need to demonstrate your expertise in service charge accounting. Brush up on key financial metrics and be ready to discuss how you've managed complex accounts in the past. Prepare examples that showcase your analytical skills and attention to detail.
â¨Showcase Your Leadership Skills
You'll be managing a team, so it's crucial to highlight your leadership experience. Think of specific instances where you've mentored junior staff or improved team performance. Be prepared to discuss your approach to delegation and how you foster a positive team environment.
â¨Understand the Bigger Picture
While technical skills are important, understanding how finance impacts the overall business is key. Be ready to talk about how you've contributed to budget preparation and mid-year reviews. Show that you can connect financial data to strategic decisions and stakeholder needs.
â¨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities. Prepare for scenarios related to financial discrepancies or tight deadlines. Think through how you would handle these situations, focusing on your ability to maintain professionalism and integrity under pressure.