At a Glance
- Tasks: Manage finances for major property clients, ensuring accuracy and compliance.
- Company: Dynamic property and real estate business with a growing portfolio.
- Benefits: Competitive salary, hybrid working, private healthcare, and generous holiday allowance.
- Other info: Opportunity for career growth in a supportive environment.
- Why this job: Join a thriving team and make a real impact in financial management.
- Qualifications: Qualified ACCA, CIMA, or ACA with strong accounting experience.
The predicted salary is between 60000 - 70000 £ per year.
The Finance Manager / Financial Controller is responsible for the full financial management of three property clients, ensuring robust accounting, reporting accuracy, strong financial controls, and high-quality client service delivery. This role oversees all aspects of VAT, service charge accounting, P&L analysis, cashflow, rent and tenant billing, and completion statements following significant property acquisitions or disposals. Managing a team of two.
Client Details: Our client is a successful and growing property & real estate business that manages portfolios of property companies.
Description: As the Finance Manager / Financial Controller based in Richmond your key responsibilities will include:
- Client Accounting & Portfolio Management
- Lead the accounting function for three major property clients, each with multi-million-pound assets.
- Prepare monthly, quarterly, and annual P&L statements for each company and assets.
- Conduct detailed P&L analysis, identifying variances, cost allocations, performance trends, and opportunities.
- Manage cashflow forecasting and reporting for each asset monthly.
- Ensure accurate financial set-up when onboarding new assets or acquisitions into client portfolios.
- VAT & Compliance
- Manage all VAT returns and ensure full compliance with property-related VAT rules.
- Apply correct VAT coding, especially for complex real-estate transactions, service charges, and tenant billing.
- Liaise with external auditors and tax advisors when required.
- Service Charge Accounting
- Prepare annual Service Charge Budgets, ensuring all expenditure is correctly allocated to the right nominal codes.
- Complete Service Charge reconciliations and respond to auditor queries.
- Ensure transparency and accuracy in service charge cost recovery.
- Acquisitions, Disposals & Investment Support
- Prepare completion statements for multi-million-pound acquisitions/disposals (e.g., £10m+).
- Allocate forward rent, deductions, apportionments, and all financial adjustments accurately.
- Support investment analysis including reviewing tenancy agreements, forecasting yields, and assessing financial performance of assets under consideration.
- Team Leadership & Process Management
- Line-manage Accounts Payable and Accounts Receivable team members (2 direct reports).
- Oversee AP/AR cycles, supplier payments, tenant receipts, and reconciliation processes.
- Maintain strong financial controls, ensuring accuracy, compliance, and integrity of records.
- Continuously improve accounting processes, reporting, and financial systems.
- Systems, Reporting & Analytical Skills
- Produce high-quality financial reporting packs for clients.
- Ensure all data is accurate within property management systems and accounting software.
- Demonstrate strong Excel skills, including formulas and data reconciliation.
- Experience using the Xero system.
- Rent, Tenant Billing & Property Operations
- Manage billing schedules for clients and assets industrial assets.
- Ensure every tenant is billed correctly and charges and rents are collected on time.
- Oversee payment runs including property payroll and supplier payments.
- Partner with the Property Team on rent reviews, lease events, and tenancy changes.
- Monitor arrears and support credit control actions where required.
Profile: Extensive accounting experience either from industry or an accountancy practice. Qualified ACCA, CIMA, ACA. Experience in the Property Industry is desirable but not essential. Strong Excel skills. Xero experience desirable but not essential. Strong cashflow management experience. Experience with service charge reconciliation desirable but not essential. Experience performing VAT returns. Strong level of numeracy and mathematical ability. Relevant qualifications for level of employment (ACCA or equivalent). Ability to support senior management with financial reporting and insights. Ability to communicate clearly and professionally, both internally and externally. Strong attention to detail. Ability to manage own time effectively and prioritise workload. Willingness to learn new skills and develop knowledge. Good oral and written skills.
Job Offer: £60,000 - £70,000. Hours: 9am - 5:30pm Monday to Friday. Hybrid Working - 4 days a week in the office and 1 from home, Friday. Holiday: 25 days holiday + bank holidays. Private health care. Pension contribution 3%.
Finance Manager / Financial Controller in Richmond employer: Michael Page Finance
As a Finance Manager / Financial Controller at our thriving Property & Real Estate business in Richmond, you will enjoy a supportive work culture that prioritises employee growth and development. With a competitive salary, hybrid working options, and comprehensive benefits including private healthcare and generous holiday allowances, we foster an environment where your contributions are valued and recognised, making it an excellent place for professionals seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Finance Manager / Financial Controller in Richmond
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and property sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its clients. Understand their financial management style and be ready to discuss how your skills can enhance their operations. Tailor your responses to show you’re the perfect fit for their team.
✨Tip Number 3
Showcase your analytical skills! Bring examples of your past P&L analyses or cashflow forecasts to the table. Highlight how your insights led to improved financial performance or cost savings in previous roles.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Finance Manager / Financial Controller in Richmond
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Finance Manager / Financial Controller role. Highlight your experience in financial management, P&L analysis, and any relevant property industry experience. We want to see how your skills match what we're looking for!
Showcase Your Skills:Don’t forget to showcase your strong Excel skills and any experience with Xero. If you've managed cashflow or dealt with VAT returns, make that clear! We love seeing candidates who can demonstrate their analytical abilities.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Talk about your passion for finance and how you can contribute to our clients' success. We want to feel your enthusiasm!
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 don’t miss out on any important updates. Let’s get started on this journey together!
How to prepare for a job interview at Michael Page Finance
✨Know Your Numbers
As a Finance Manager or Financial Controller, you’ll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss P&L statements, cashflow management, and VAT compliance. Prepare examples from your past experience that showcase your ability to manage complex financial situations.
✨Showcase Your Leadership Skills
Since this role involves managing a team, be prepared to talk about your leadership style. Think of specific instances where you successfully led a team through challenges or improved processes. Highlight how you foster collaboration and ensure accuracy in financial reporting.
✨Familiarise Yourself with Relevant Software
Knowledge of accounting software like Xero is a plus. If you have experience with it, mention it during the interview. If not, take some time to learn the basics before your interview. Being able to discuss how you’ve used technology to enhance financial processes will set you apart.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills, especially related to service charge accounting or financial discrepancies. Practice articulating your thought process in resolving these issues. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.
