At a Glance
- Tasks: Manage financial accounting and reporting for exciting construction projects.
- Company: Join a leading UK property developer focused on high-quality residential homes.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and development.
- Other info: Diversity is valued; we welcome applications from all backgrounds.
- Why this job: Be part of a team that delivers desirable living spaces while making a social impact.
- Qualifications: Bachelor's degree in finance or related field; 3-5 years in a managerial role preferred.
The predicted salary is between 43200 - 72000 £ per year.
The company 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. We aim to deliver properties that are not only profitable but also desirable places to live.
The company has also expanded into the affordable housing sector with the launch of Prosperity Vita, aiming to increase the supply of affordable homes.
Position Summary:
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.
Key Responsibilities:
- 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.
- HR Administrator
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.
Randstad CPE values diversity and promotes equality. No terminology in this advert is intended to discriminate against any of the protected characteristics that fall under the Equality Act 2010. We encourage and welcome applications from all sections of society and are more than happy to discuss reasonable adjustments and/or additional arrangements as required to support your application.
Candidates must be eligible to live and work in the UK.
For the purposes of the Conduct Regulations 2003, when advertising permanent vacancies we are acting as an Employment Agency, and when advertising temporary/contract vacancies we are acting as an Employment Business.
Finance Manager - Construction in Birmingham employer: Randstad Construction & Property
Randstad Construction & Property is an excellent employer, offering a dynamic work environment where experienced professionals can thrive in the water and wastewater sector. With a strong focus on employee growth and development, you will have the opportunity to lead significant projects while enjoying a supportive culture that prioritises safety and compliance. Located in beautiful Dorset, this role not only provides immediate engagement with impactful infrastructure projects but also fosters a sense of community and collaboration among team members.
Contact Details:
Randstad Construction & Property Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Finance Manager - Construction in Birmingham
✨Tip Number 1
Familiarise yourself with the specific financial regulations and accounting standards relevant to the construction industry. This knowledge will not only help you in interviews but also demonstrate your commitment to understanding the sector.
✨Tip Number 2
Network with professionals in the real estate and construction finance sectors. Attend industry events or join relevant online forums to connect with potential colleagues and learn about the latest trends and challenges in the field.
✨Tip Number 3
Brush up on your Excel and financial modelling skills, as these are crucial for the role. Consider taking a short course or using online resources to enhance your proficiency, which will set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your previous experience in managing budgets and financial reporting during the interview. Be ready to provide specific examples of how you've successfully handled cost overruns or improved financial processes in past roles.
We think you need these skills to ace Finance Manager - Construction in Birmingham
Some tips for your application 🫡
Understand the Role:Read the job description thoroughly to grasp the key responsibilities and qualifications required for the Finance Manager position. Tailor your application to highlight relevant experience in financial accounting and project management.
Highlight Relevant Experience:In your CV and cover letter, emphasise your experience in managing development budgets, preparing financial reports, and working with cross-functional teams. Use specific examples that demonstrate your analytical and problem-solving skills.
Showcase Your Skills:Make sure to mention your proficiency in accounting software like XERO and your advanced Excel skills. Highlight any certifications such as CMA or ACCA, even if they are not mandatory, as they can set you apart from other candidates.
Craft a Compelling Cover Letter:Write a cover letter that reflects your passion for the property sector and your commitment to delivering high-quality financial oversight. Address how your values align with the company's ethos of customer service and attention to detail.
How to prepare for a job interview at Randstad Construction & Property
✨Know Your Numbers
As a Finance Manager in the construction sector, it's crucial to be well-versed in financial metrics. Brush up on key performance indicators related to project budgets, cash flow forecasts, and variance analyses. Being able to discuss these confidently will show your expertise.
✨Understand the Company’s Projects
Familiarise yourself with the company's portfolio and recent developments. Knowing about their urban apartments, country homes, and affordable housing projects will help you tailor your responses and demonstrate genuine interest in their work.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills, especially regarding cost overruns or budget management. Prepare examples from your past experience where you've successfully navigated similar challenges, highlighting your analytical and leadership abilities.
✨Showcase Your Team Management Skills
Since this role involves supervising finance staff, be ready to discuss your leadership style. Share specific instances where you've effectively managed a team, resolved conflicts, or improved processes, as this will illustrate your capability to lead in a collaborative environment.