Assistant Finance Manager (Joint Venture Accountant) in Leatherhead

At Taylor Wimpey, we don’t just build houses; we build futures. Not just for the people who live in our homes, but for our own people too. When we bring our collective skills together, we make amazing things happen - for ourselves, for each other and for our customers. There are incredible opportunities on your doorstep, and we want you to discover them all. With 22 regional offices across the UK and operations in Spain, we bring our vision to life locally. Here, you’ll be given the tools to develop your skills and the freedom to explore new avenues. Share your ideas, experience a no-blame culture, and shape your work around your life. Every single one of us plays a vital role in bringing to life incredible places and spaces, where anyone can thrive. We believe in making a positive difference to our planet, as well as to people.

This role will assist in the delivery of the daily processing operations of the region’s finance function, ensuring that the finance processes regarding the Joint Ventures and Collaborations are well controlled and run efficiently. There is close liaison with the BU Senior Finance Manager in providing transactional data and with the BU Finance Director on all aspects of the Joint Venture accounting including forecasting. To manage all aspects of accounts preparation and reporting for the collaboration and Joint Venture (JV) projects operating within TW South Thames. This will include the preparation of forecasts and Budgets along with any other ad-hoc duties and reporting as and when required. Manage the JV Management Accountant through a positive, engaging approach, ensuring that processes are robust and controlled, and outputs delivered correctly and in a timely manner. The Assistant Finance Manager will work collaboratively with colleagues from other disciplines. The role will act as a business partner with the aim of enhancing financial and business performance through critical challenge. The role will support and deputise for the BU’s Finance Manager (FM) at meetings, in their absence. The individual will have a mindset to adhere to processes, with an eye to improving processes and control, together with the quality and timeliness of outputs. This role will require the individual to have strong interpersonal skills and communicate well with people from all disciplines.

Primary Responsibilities

• Management of daily processing operations.
• Manage the JV Management Accountant through a positive, engaging approach, ensuring that processes are robust and controlled, and outputs delivered correctly and in a timely manner.
• Develop team members through on the job training and external training programmes, including finance and soft skills courses (as necessary), objective setting, performance management working in conjunction with the BU Senior Finance Manager.

Joint Venture (JV) Accounting and Reporting

• Ensure the tasks carried out by the JV Management Accountant are completed correctly, accurately and within the required deadlines.
• These include but not limited to processing of the JV bank account entries, supplier invoices and payments, processing journals, preparing the JV VAT and CIS returns.
• Ensure the accuracy and timeliness of the bank loan draw down facility.
• Preparation and submission of the JV and collaborations monthly management accounts using both COINS and spreadsheets.
• Prepare all other monthly, quarterly and annual reporting requirements in line with JV/collaboration agreements and third party requirements.
• Ensure accurate conversion of third party accounts into TW accounting practices and coding.
• Proactively provide analysis and explanations of actual variances from budget and forecast.
• Ensure the accurate preparation of the bank reconciliations and balance sheet reconciliations for the JV.
• Ensure all submission timetables are adhered to.
• Maintain the accounting adjustments required to ensure accurate consolidation reporting for the Business Unit and Group.
• Provide reports to JV Board and Steering Committee as and when required.
• Prepare annual statutory accounts for the Joint Ventures and subsidiary entities and ensure filing deadlines are met.

BU Accounting, Reporting and Control

• If, and when, required assist the FM with the preparation of the month end accounts.
• Maintain and manage the Affordable Housing/Build to Rent (BTR) analysis model providing necessary information for forecasting and budgeting purposes, liaising with Production and Commercial teams on a regular basis to support the analysis.
• Attend the weekly build sales meeting, ensure plot completion profiles are accurate and reflect the latest forecast assumptions.
• Prepare weekly sales and pricing analysis for distribution to the wider BU.
• Respond to data and analysis requests from across the BU Management Team, Division and Group.
• Ensure Finance Manual procedures are complied with, issues identified to enable dispensation to be sought where appropriate.

Forecasts and Budgets

• Produce JV/collaboration 24 month profit and cashflow forecasts for review and submission.
• Preparation of the JV annual Budgets and Projections.

Other

• Liaise with Joint Venture partners and funding bank as and when required.
• Deputise for the FM, provide analysis and attend meetings on his/her behalf.
• Proactively support managers/directors from the BU’s other functions.
• Provide information to enable robust decision making within the business, which will deliver shareholder value.
• Maintain current knowledge of site operational status and forecast business plans.
• Assist in other ad-hoc projects as required.

Experience, Qualifications, Technical Requirements

• Previous industry experience.
• Experience and knowledge of Joint Venture accounting.
• Part-Qualified Accountant – ACA, ACCA, CIMA.
• Good (Strong preferred) working knowledge of MS Office and Excel in particular.
• Experience of working with an ERP system.

What we offer at Taylor Wimpey

At Taylor Wimpey, we are committed to enabling you to make a home with us. Our work is not just about building homes; it’s about doing work that matters, making a positive impact on the lives of our customers and the communities we serve. We enjoy many benefits as standard, including excellent retail discounts, company funded life insurance and private healthcare, and access to a quality pension scheme with company contributions. We also offer our discounted house purchase scheme, car leasing scheme and share plans, as well as the opportunity to tailor your benefit package to suit your needs with options such as buying extra annual leave or adding dependants to your benefit cover. Our total reward offer works perfectly with our culture, we are a welcoming community where everyone can feel at home.

We create a home to your future by providing opportunities for growth and development. We offer industry leading professional training and development, which supports you to unlock your potential and fulfil your career and personal goals in a variety of opportunities and environments. We look to develop our people in the skills and areas they are most interested in, leveraging your qualities and appreciating your unique competencies, skills and expertise that, when we come together, make this a great place to work.

If you want to do work that matters and build a career that lasts, make a home at Taylor Wimpey.

Inclusivity Statement

As a proud Disability Confident Employer, Taylor Wimpey is committed to creating a diverse and inclusive workforce. We actively collaborate with individuals who have disabilities and long-term health conditions which have an effect on their ability to do normal daily activities, ensuring that barriers are eliminated when it comes to employment opportunities. In line with our commitment, we guarantee an interview to applicants who declare to us during the application process that they have a disability and meet the minimum requirements for the role.

Join us in building a truly diverse and empowered team.