Project Finance Manager

Recruiter
Trident
Location
London, UK
Salary
Competitive
Posted
19 Sep 2019
Closes
06 Oct 2019
Ref
1269012771
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
Project Accountant (Analyst) - Real Estate Development OUR Client - Is an established and prestigious property developer who are well recognised for their unique and high-end developments. They have solely instructed us to help them recruit this key hire - of a Project Accountant with strong analytical skills.

The Role of the Project Accountant will involve sole responsibility and full delivery of accounting processes and related appraisals and analysis for a new mixed-use £multi-million+ 'flagship' development. Reporting to the CFO, the duties will include:

Financial Modelling, Accounts and Reporting:
  • Managing the monthly, quarterly, and annual reporting timetable.
  • Preparing monthly management accounts and Profit and Loss and balance sheet.
  • Reviewing incurred project expenditures and overseeing the allocation of project expenses throughout the development.
  • Identifying and reporting continuous improvement initiatives in relation to the project accounting processes and systems.
  • Liaising with the project owners as required to complete any project accounting activities.
  • Liaising with auditors / valuation team.
  • Coordinating with administrators and accountants with teams in Luxembourg and UK.

Cost Management:
  • Preparing forecasts and budgets.
  • Tracking actuals versus budgets, any variance resulting from this.
  • Preparing cost inputs to include in project model for investment appraisal purposes.
  • Reporting on development project costs within agreed timetables.
  • Effectively communicating with JV partners and stakeholder and Business Unit Managers and any outside contractors including any other third parties.

Cash Management:
  • Managing development costs approval, payments runs and drawdown process from funders.
  • Monitoring payments made against the latest cash flow forecast and requesting loan drawdowns from funding partners.
  • Approving all purchase invoices and arranging for payment.
  • Overseeing project bank accounts and reconcile on a regular basis.

Tax and Compliance:
  • Completing quarterly VAT Returns and managing the tax compliance throughout the structure.

The Person - To apply it is likely that you will be ACCA / ACA or CIMA qualified with a working knowledge of US GAAP and IFRS - and you will possess excellent financial modelling and Excel skills as this is a critical core competency for the role - You will also be able to demonstrate previous exposure to the real estate sector - specifically of working on development projects. The preferred candidate must also be a good communicator with solid interpersonal skills as position will involve liaising at all levels within the company and JV partners and have a good eye for detail and a solid ability to organise. This is an excellent opportunity to join a fast paced and growing business.

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Please note that due to volume we cannot get back to everyone, however every application is looked at and considered and will be held on Trident International's database for review. If you have not heard back from us within 5 working days you should assume your initial application has been unsuccessful, however if suitable roles arise in the future we will make every effort to contact you. By applying for this job you accept our Privacy Policy and Disclaimers which can be found at www. tridentint.com

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