Competitive
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 regional Board members in relation to all UK residential operations.
- Monitor the residential division''s commercial departments to ensure the 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 process to ensure the timely production of all accounts and a clean audit sign-off in accordance with agreed timetables.
Duties to include:
- Overall responsibility for the provision of timely and robust management reporting of the Group''s UK residential operations to inform members of the Main Board and the Residential Board on the financial and operational performance of the Division.
- Working closely with key operational management of all three regions to establish and set targeted budgets. Presentation of residential results, budgets and forecasts of performance, cash flow projections, key performance indicators etc. at Executive, Divisional and regional board meetings.
- Critically and subjectively review and assess budgets as part of a rolling forecast throughout the year, reporting and updating the Divisional and Group board on key observations, specifically areas of concern or divergence from budget and forecast.
- Monitoring and reporting on individual development / site performance against original appraisal and budget including the regular look forward andamp; reforecast of anticipated outturn together with a critical look-back of overall return by site to identify areas of margin erosion and recommendations for improvement.
- Overseeing the monthly production of all regional site CRV''s.
- Overseeing and managing a team of 8 direct reports. Working with the residential Regional and Managing Directors to identify opportunities at both site and overhead level to improve overall net returns.
- Review of land appraisals to critically assess their viability and challenge the regional land teams on requirements for each 5-year land bank programme.
- Positively contribute to the sales and marketing initiative and setting of prices plot releases, considering site performance, and market activity.
- Responsibility for managing the ongoing development program for the division''s COINS ERP system, to facilitate improvement in real time reporting of KPI and management reporting generally. Driving the roll-out of COINS across other group companies as appropriate.
- Managing the residential finance team through the year-end audit process to ensure production of robust statutory accounts in a timely manner, a clean external audit sign-off ensuring adherence to Group reporting timetables and prevailing accounting standards.
- Monitor, maintain and enforce strong financial procedures and controls across all UK residential operations to safeguard the assets of the Group and ensure compliance with all legal, statutory and tax obligations.
- Overseeing the monthly reporting of managemen
10000-500000 Annual