At a Glance
- Tasks: Lead a finance team, manage ledgers, and ensure compliance with financial regulations.
- Company: Join a leading construction group known for its growth and innovation.
- Benefits: Enjoy hybrid working, competitive salary, bonuses, and excellent perks.
- Why this job: Be part of a dynamic team, drive improvements, and make a real impact.
- Qualifications: Qualified (ACA/ACCA/CIMA) or working towards it; leadership experience is a plus.
- Other info: Ideal for those passionate about finance in the construction industry.
The predicted salary is between 48000 - 72000 £ per year.
Our client is a leading Group of companies with interests across the construction industry. As a result of continued growth and improvement, FRS have been enlisted to assist with the recruitment of a Group Finance Manager to join the business ideally located within Staffordshire (Also offering Hybrid working) and therefore easily accessible from across both East and West Midlands.
Supporting the Group Financial Controller, this role will manage and be accountable for all ledgers, ensuring the tasks are being done in a timely, accurate manner with robust procedures developed and implemented. Leading a team of ledger clerks ensuring that all members of the team are performing at the required level, continually developing and supported in their role. The post holder will be responsible for Treasury Management matters relating to 3 companies. As a member of the Finance Management Team, the post holder should also play a wider leadership role within the team, acting as a mentor and modelling the company behaviours and values to support the development of a high-performing team.
Key Role Responsibilities
- Team and General Management: Lead, motivate, communicate with, develop, appraise and performance to ensure they are fully motivated to achieve best performance to meet the Company’s objectives. Provide additional ad hoc support to the Group Financial Controller and Ledger team to cover periods of holiday or absence. Driving new ways of working, continually improve the ledger function’s processes and procedures. Acting as key contact during the year-end audit, completing evidence requests and undertaking relevant process walkthroughs.
- Taxation: Responsible for verifying accuracy of VAT treatment, including subcontractor certificates, prior to being posted. Provide clear instructions and ensure timely completions of postings by the Ledger team. Ensure HMRC compliance, and that returns & payments are complete and paid to correct time scales. Preparation of CIS reconciliation, returns & payments.
- Treasury Management: Ongoing monitoring of Group Cash position to ensure compliance with Group Treasury policies. Coordination and production of balance sheet rec for Cashbook, VAT, CIS accounts. Responsible for managing the cashbook. Undertake bank reconciliations, actively exploring ways to streamline this process.
- Additional Responsibilities: Implement financial strategies to support the company's growth and profitability. Oversee ad hoc financial projects, and financial reporting. Ensure accurate tracking of project costs and revenues. Ensure compliance with all financial regulations and standards. Identify and mitigate financial risks associated with construction projects. Assist in the implementation of financial software systems to improve efficiency and accuracy. Stay updated with the latest financial technologies and tools. Provide cover for payroll; knowledge of operating a payroll system would be advantageous.
The ideal candidate will be formally qualified (ACA / ACCA / CIMA) or working towards formal qualification and ideally have previous experience gained within a similar position. Experience or a desire to lead and develop a small finance team with assistance from the Group Financial Controller is also beneficial.
Other experience: Understanding of VAT treatment in Construction / all HMRC payments, PAYE, CIS, NI, Class 1 A & autoenrollment pension rules. Drive and enthusiasm to lead a high performing team with the right procedures and processes in place. Professional and knowledgeable with the ability to build trust and credibility with people. Excellent communication and interpersonal skills, with the ability to communicate with people at all levels both internal and external to the business. Able to work to strict deadlines whilst maintaining accuracy and have a keen eye for detail and to be able to be flexible and prioritise own workload.
In return a competitive basic salary, Bonus, excellent benefits and hybrid working can be offered.
Group Finance Manager employer: FRS Ltd
Contact Detail:
FRS Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Group Finance Manager
✨Tip Number 1
Network with professionals in the finance and construction sectors. Attend industry events or join relevant online forums to connect with individuals who may have insights into the Group Finance Manager role or the company itself.
✨Tip Number 2
Research the latest trends in financial management and treasury operations, particularly within the construction industry. Being knowledgeable about current practices will help you stand out during discussions with the hiring team.
✨Tip Number 3
Prepare to discuss your leadership style and how you've successfully managed teams in the past. Highlight specific examples where you've motivated and developed team members to achieve their best performance.
✨Tip Number 4
Familiarise yourself with the company's values and culture. Be ready to articulate how your personal values align with theirs, as this can demonstrate your fit within the team and organisation.
We think you need these skills to ace Group Finance Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance management, particularly in the construction industry. Emphasise your qualifications (ACA/ACCA/CIMA) and any leadership roles you've held.
Craft a Strong Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention specific experiences that demonstrate your ability to lead a finance team and manage treasury functions effectively.
Highlight Relevant Skills: In your application, focus on key skills such as VAT treatment, compliance with HMRC regulations, and financial strategy implementation. Use examples to illustrate how you've successfully applied these skills in previous roles.
Showcase Leadership Experience: Since the role involves leading a team, include examples of how you've motivated and developed team members in past positions. Discuss any initiatives you've led that improved processes or team performance.
How to prepare for a job interview at FRS Ltd
✨Showcase Your Leadership Skills
As a Group Finance Manager, you'll be leading a team. Be prepared to discuss your leadership style and provide examples of how you've motivated and developed teams in the past. Highlight any specific achievements that demonstrate your ability to drive performance.
✨Understand Financial Regulations
Familiarise yourself with the financial regulations relevant to the construction industry, especially regarding VAT treatment and HMRC compliance. Be ready to discuss how you have ensured compliance in previous roles and how you would approach it in this position.
✨Demonstrate Problem-Solving Abilities
The role involves improving processes and procedures. Prepare to share examples of challenges you've faced in financial management and how you successfully resolved them. This will show your proactive approach to problem-solving.
✨Communicate Effectively
Excellent communication skills are crucial for this role. Practice articulating your thoughts clearly and confidently. Be ready to explain complex financial concepts in simple terms, as you may need to communicate with various stakeholders.