At a Glance
- Tasks: Lead the finance team, ensuring accurate financial reporting and compliance.
- Company: Bellway, a company focused on building homes and a positive culture.
- Benefits: Competitive salary, annual bonus, pension scheme, and 25 days holiday.
- Why this job: Join a dynamic team and make a real impact in finance.
- Qualifications: ACCA or ACA qualified with 5 years post-qualification experience.
- Other info: Flexible working hours and commitment to diversity and inclusion.
The predicted salary is between 43200 - 72000 £ per year.
When registering to this job board you will be redirected to the online application form. Please ensure that this is completed in full in order that your application can be reviewed. At Bellway we're building more than homes - we're building a culture. We recognise that people are the key to our success and our goal is to provide a rewarding and fulfilling career in line with our values of quality, service and trust. In addition to this we are committed to being a more inclusive employer and invite applications from a variety of backgrounds.
The Head of Finance will lead the Group finance team which consists of 5 people including 3 qualified accountants. This position is responsible for:
- All external financial reporting across the Group, ensuring the accuracy, integrity, and timeliness of both consolidated and individual financial statements and disclosures in compliance with IFRS/FRS101 and other regulatory requirements.
- The control environment across the Group, ensuring the design and operating effectiveness of the controls is robust and continuously improving.
The role of the Head of Finance reports to the Group Financial Controller.
Principal Accountabilities
- Responsible for the preparation of the group consolidated accounts including review of all sections of the annual report.
- Review of half year and year end group consolidated financial information including consolidation adjustments.
- Review of any technical accounting area which includes land creditors, IFRS16 leases, IFRS2 share based payments and the legacy building safety improvements provision.
- Preparation of the Groups going concern and viability assessment.
- Preparation of any required Audit Committee papers on technical or judgemental areas of accounting.
- Consolidation, review and analysis of divisional information.
- Reviewing and ensuring accuracy of half year, year end and trading update statements prior to release.
- Reviewing detailed analysis ahead of the half year, year end and trading update announcements.
- Review of subsidiary statutory accounts.
- Communicating with external auditors and managing the year end audit process.
- Liaising with other external advisors.
- Review of any material new contracts to determine the correct accounting treatment.
- Monitoring changes in IFRS and assessing their impact on the Group.
- Supporting the investor relations team with any financial investor queries and preparation of the Analyst Presentation for the half year and year end results.
- Reviewing and enhancing the Groups systems and controls including rolling out new processes.
- Review and management of the budget and forecast for some group consolidation entities.
- Review of monthly management accounts, supporting schedules and commentary for some group consolidation entities.
- Producing other ad-hoc financial reports for management and the Board.
- Responsibility for any other ad-hoc external reporting, e.g. National Statistics.
- Other group-wide finance projects.
The above list of accountabilities are not exclusive or exhaustive. The post holder will be required to undertake any such duties as may be reasonably expected.
Experience
- Experience of working within a similar role will be preferred.
- Experience of working in a fast-paced environment with strict reporting deadlines.
- Experience of working with construction or housebuilding is desirable.
- Big 4 trained accountant is desirable.
- Experience of working with listed companies is desirable.
Qualifications and training
- GCSE Maths and English Grade 4/C or above (or equivalent).
- A-Level Maths is desirable.
- ACCA or ACA qualified, with at least 5 years of experience post qualification.
Skills and aptitude
- Excellent administration and organisation skills.
- Analysis, numerical and report writing skills.
- Strong management and time management skills.
- Strong communication, listening and problem solving skills.
- Ability to prioritise workload and meet deadlines.
- Demonstrates a high level of discretion and confidentiality.
- Excellent attention to detail.
- Ability to work on own as well as part of a team.
- Proficient IT skills along with a good working knowledge of Microsoft Office (Word, Excel and Outlook) and the ability to adapt to new systems.
- Committed to diversity and inclusion.
- Strong technical knowledge of IFRS.
Working Conditions
- Willing to be flexible in respect to day to day duties and hours worked.
- Office based role.
Please note this role is subject to a basic DBS and financial pre-employment checks.
In return we can offer you:
- Competitive salary.
- Competitive annual bonus.
- Contributory pension scheme.
- 25 days holiday, plus bank holidays.
- Access to discounts and benefits portal.
- ShareSave Scheme.
- Cycle to Work Scheme.
- Life assurance.
- Holiday Purchase Scheme.
- Earn and Learn Opportunities.
We reserve the right to close this vacancy if a large volume of applications are received.
Locations
Head of Finance in Newcastle upon Tyne, North East employer: Bellway Homes
Contact Detail:
Bellway Homes Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Finance in Newcastle upon Tyne, North East
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector, especially those who have experience in construction or housebuilding. A friendly chat can lead to insider info about job openings that might not even be advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge of IFRS and FRS101. We all know that confidence is key, so practice answering common finance-related questions and be ready to showcase your analytical skills.
✨Tip Number 3
Don’t forget to tailor your approach! When you apply through our website, make sure your application highlights your experience with external financial reporting and managing audits. Show them you’re the perfect fit for leading their finance team.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in leaving a positive impression. It shows your enthusiasm for the role and keeps you fresh in their minds as they make their decision.
We think you need these skills to ace Head of Finance in Newcastle upon Tyne, North East
Some tips for your application 🫡
Read the Job Description Carefully: Before you start your application, take a good look at the job description. Make sure you understand what we're looking for in the Head of Finance role and tailor your application to highlight your relevant experience and skills.
Be Thorough with Your Application: When filling out the online application form, don’t rush it! Ensure every section is completed in full. We want to see that you’ve put thought into your application, so take your time to provide detailed responses.
Showcase Your Experience: In your written application, make sure to showcase your experience in finance, especially if you've worked in a similar role or industry. Highlight any specific achievements or projects that demonstrate your ability to lead a finance team effectively.
Keep It Professional but Personal: While we love a professional tone, don’t be afraid to let your personality shine through! Share your passion for finance and how you align with our values of quality, service, and trust. Remember, we’re building a culture here!
How to prepare for a job interview at Bellway Homes
✨Know Your Numbers
As the Head of Finance, you'll need to demonstrate a solid grasp of financial reporting and compliance. Brush up on IFRS/FRS101 regulations and be ready to discuss how you've ensured accuracy and integrity in past roles. Prepare examples that showcase your experience with consolidated accounts and technical accounting areas.
✨Showcase Your Leadership Skills
You'll be leading a team of qualified accountants, so it's crucial to highlight your management style. Think about times when you've successfully guided a team through tight deadlines or complex projects. Be prepared to discuss how you foster collaboration and maintain a strong control environment.
✨Prepare for Technical Questions
Expect questions around specific accounting treatments, such as IFRS16 leases or share-based payments. Review any recent changes in IFRS that could impact the Group and be ready to explain how you've adapted to these changes in your previous roles. This will show your proactive approach to staying updated in the field.
✨Communicate Clearly
Strong communication skills are essential for this role, especially when liaising with external auditors and advisors. Practice articulating complex financial concepts in a straightforward manner. You might even want to prepare a mock presentation of financial results to demonstrate your ability to convey information effectively.