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Divisional finance director

Alderley Edge
RK Accountancy
Divisional finance director
Posted: 11 July
Offer description

New Divisional Finance Director opportunity for a leading professional business in South Manchester.

Main Responsibilities:

Working closely alongside the residential Managing Directors:

* Provide independent financial reporting and advice to the Main Board and regional Board members in relation to all UK residential operations.
* Monitor the residential division's commercial departments to ensure proper control of expenditure and reporting of development performance and KPI.
* Oversee the year-end statutory accounts process for the Residential Division and assist with the group statutory accounts to ensure timely production and a clean audit sign-off.

Duties to include:

* Responsibility for timely and robust management reporting of the UK residential operations to inform the Main Board and Residential Board on financial and operational performance.
* Work closely with operational management across regions to establish budgets, present results, forecasts, cash flow projections, and KPIs at various board meetings.
* Review and assess budgets as part of rolling forecasts, reporting key observations and divergence from budgets to the board.
* Monitor and report on site performance against original appraisals and budgets, including reforecasting and margin analysis.
* Oversee the monthly production of regional site CRVs.
* Manage a team of 8 direct reports and collaborate with regional Directors to identify opportunities for improved net returns.
* Review land appraisals for viability and challenge regional land teams on land bank requirements.
* Contribute to sales and marketing initiatives, including pricing strategies based on site performance and market activity.
* Manage the development of the division's COINS ERP system to improve real-time KPI and management reporting, and facilitate its rollout across other group companies.
* Lead the residential finance team through the year-end audit process, ensuring robust statutory accounts and compliance with reporting standards.
* Maintain strong financial procedures and controls to safeguard assets and ensure legal, statutory, and tax compliance.
* Oversee monthly management reporting and statutory accounts for smaller entities within the division.
* Coordinate with funders to manage facilities, ensure compliance with covenants, and support timely debt payments and covenant submissions.
* Work with the Group Finance Director to monitor cash flows, safeguard cash, and maximize returns.

Please submit your CV for immediate consideration. (url removed) (phone number removed)

As a recruitment specialist with over 26 years of local experience, I work closely with clients and candidates to understand their requirements. If this position isn't suitable but you're seeking new opportunities, please contact me for a confidential discussion.

Kellan Group and its brands are committed to equal opportunities and operate as an employment agency and business. A wide range of vacancies is available on our websites.

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