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- Tasks: Lead financial operations and reporting for a dynamic construction division.
- Company: Join a top employer in Watford, known for career growth and employee satisfaction.
- Benefits: Enjoy a competitive salary, car allowance, bonus potential, and hybrid working options.
- Why this job: Shape the future of finance in a rewarding role with impactful projects and a supportive team.
- Qualifications: Qualified accountant (ACA, ACCA, CIMA) with leadership experience in construction or infrastructure.
- Other info: Be part of a company that values different perspectives and fosters professional development.
The predicted salary is between 90000 - 100000 £ per year.
Divisional Finance Director, Watford, Hertfordshire, hybrid working £90- £100kpa plus benefits including £7k car allowance, bonus of up to 24% Our client, an employee of choice in the local area are looking for a Divisional Finance Director, following an internal move. The business will offer the chosen candidate a great career path and a rewarding future. This role reports into the Finance Director and will be responsible for the day to day-to-day operation and control of this operating unit. Key Duties:- * Overseeing the production of the monthly management accounts (order to gross income & cash) ensuring accurate and timely reporting for review with the Finance Director and Commercial Director. * Review of project monthly cost and value reconciliations, ensuring concepts such as project revenue, margin, accruals, prepayments, and provisions are recorded, compliant with policy and procedures and reported accurately by projects. * Attending monthly project review meetings and quarterly project forecasting and reporting meetings, applying your existing knowledge of contract accounting and commercial awareness to scrutinise project performance. * Assisting with the production of the quarterly forecasting pack, working closely with the team to ensure that risks, opportunities are all appropriately reflected and in accordance with business policies and procedures. * Review monthly project balance sheets to ensure they accurately reflect the true project position (operationally and commercially) and that the key risks and opportunities on each project are understood. * Review project cash positions (including approval of project bank account cash transfers) with project accountants to ensure cash to gross income differences are understood and communicated to commercial and operations teams on site. * Lead and develop a team of 4 direct line reports. The ideal candidate will be a qualified accountant (ACA, ACCA, CIMA) with experience of leading teams, particularly within construction / infrastructure. Experienced in long-term contract accounting within construction / infrastructure, is highly desirable. Natural business partnering skills are key as is experience of influencing the decision-making of senior stakeholders. AGY – Vitae Financial Recruitment We Exist To Be Different – Membership NOT Registration
Divisional Finance Director employer: Vitae Financial Recruitment
Contact Detail:
Vitae Financial Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Divisional Finance Director
✨Tip Number 1
Make sure to highlight your experience in contract accounting and commercial awareness during any discussions. This role requires a deep understanding of project performance, so be prepared to discuss specific examples from your past work.
✨Tip Number 2
Demonstrate your leadership skills by sharing instances where you've successfully led a team or influenced senior stakeholders. This will show that you have the natural business partnering skills they are looking for.
✨Tip Number 3
Familiarize yourself with the company's operations and recent projects. Being knowledgeable about their current challenges and successes will help you engage in meaningful conversations during interviews.
✨Tip Number 4
Prepare to discuss how you would approach the production of monthly management accounts and quarterly forecasting packs. Showing your strategic thinking and problem-solving abilities will set you apart from other candidates.
We think you need these skills to ace Divisional Finance Director
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance, particularly in construction or infrastructure. Emphasize your qualifications (ACA, ACCA, CIMA) and any leadership roles you've held.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss your experience with project accounting and how it aligns with the key duties outlined in the job description.
Highlight Leadership Experience: Since the role involves leading a team, be sure to include specific examples of your leadership experience. Mention how you have developed teams and influenced decision-making in previous positions.
Showcase Business Partnering Skills: Demonstrate your natural business partnering skills by providing examples of how you've successfully collaborated with senior stakeholders in past roles. This will show that you can influence decisions effectively.
How to prepare for a job interview at Vitae Financial Recruitment
✨Showcase Your Leadership Skills
As a Divisional Finance Director, you'll be leading a team. Be prepared to discuss your leadership style and provide examples of how you've successfully managed teams in the past, especially in a construction or infrastructure context.
✨Demonstrate Your Financial Acumen
Make sure to highlight your experience with monthly management accounts, project cost reconciliations, and contract accounting. Prepare to discuss specific projects where you applied your financial expertise to drive results.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills and ability to handle real-world scenarios. Think about challenges you've faced in previous roles and how you navigated them, particularly in relation to project performance and financial reporting.
✨Understand the Business Context
Research the company and its position within the construction/infrastructure sector. Be ready to discuss how your background aligns with their goals and how you can contribute to their success, especially in terms of risk management and business partnering.
