Finance Manager

Vercity Group; Greater London; On-site; GBP 60,000 - GBP 80,000; Full time

Job description

The Finance Manager will be expected to operate as the Finance Director (FD) and the Company Secretary of their projects. This role will support the General Manager (GM) of the relevant projects, where applicable, in the effective delivery of the SPV’s statutory and contractual obligations.

Information

Location

Leeds, Swanley or London

Reporting To

Head of Finance

Hours

35

Key Responsibilities

• Ensure compliance with contractual documentation, statutory and regulatory frameworks and agreed programmes and procedures.
• Attend monthly management accounts reviews and instruct the Accounting Team by providing the project specific financial procedures and
• Instruct the Accounting Team of payments to be made to shareholders and senior debt providers.
• Manage the payment authorisation
• Undertake regular reviews of the monthly balance sheet
• Manage the business planning and operating financial model update process, including presentation to the Board and securing funder approval.
• Manage the key stakeholder relationships including the Board, Funder, account bank, client finance representative and rating agencies.
• Act as Company Secretary in accordance with Vercity’s Company Secretarial Handbook, including advising the Board on their statutory and fiduciary
• Contribute to the preparation of the Board report, including the finance report and executive summary.
• Attend Board meetings and present the finance
• Manage the tax affairs of the
• Maintain and update the Projects’ financial and company secretarial
• Advise the Board of risks and opportunities and make recommendations for
• Manage the financial aspects of any project commercial activity (such as variations, lifecycle expenditure, benchmarking, market testing), ensuring correct reflection in the financial models and the project documentation.
• Ensure the financial model is consistent with all contractual, commercial and regulatory obligations.
• Manage aged debtors and aged creditors and resolution of overdue
• Review and approve sales invoices, agreeing adjustments to the UC invoice with the client where applicable.
• Manage the statutory audit process and secure approval of the statutory
• Review the annual operating budget and reconcile to the operating financial model prior to presentation to the Board and Funders.
• Engage the support of the commercial finance team and modelling team on key relevant matters.
• Review the SPV risk register with the GM, advise operations team on financial matters and attend service review and client liaison meetings as required where applicable.
• Deputise in the absence of the GM where applicable.
• Participate in the development of the finance function, team and
• Carry out other duties that fall within professional
• Please note – there is an expectation of attendance at a Vercity office 1-2 days per week.

This job description is intended to reflect, in outline, the responsibilities of the post-holder which may change over time with the Corporate and local business needs of Vercity and the particular management services contract. It will therefore, be subject to periodic review.

Vercity believes that diversity is paramount to driving creativity, innovation and value for our clients and for our people. All applications will receive consideration for employment without regard to ethnicity, religion, gender, gender identity or expression, sexual orientation, nationality, disability, age, or social background.

This job description is intended to reflect, in outline, the responsibilities of the post-holder which may change over time with the Corporate and local business needs of Vercity and the particular PFI contract. It will therefore, be subject to periodic review.

Person Specification

EXPERIENCE and COMPETENCIES

• At least 4 years post qualified
• Experience in communicating, influencing and presenting at senior
• Experience working within a compliance focused
• Ability to identify potential issues surrounding a piece of complex legislation or policy and provide easily understood verbal and written analysis material and advice that is clear and
• Strong working knowledge of financial management and project
• Maintenance of complex financial models using Microsoft Excel

SKILLS

• Clearly communicate technically complex financial issues, combined with effective influencing skills at all levels.
• Communicate effectively, even when challenged, the reasoning behind an opinion and recommendation with both internal and external stakeholders.
• Identify and analyse issues and provide expert technical advice to
• Interpret and comply with complex contractual obligations, and develop and apply an expert knowledge of contracts to make sure that others are compliant.
• Present financial information in a professional report style and prepare and articulate any relevant commentaries to a high standard of written English.
• Apply a commercial aptitude and understanding to financial
• Utilise various financial software packages and Microsoft
• Prioritise, adhere to schedules and work to tight deadlines in a pressurised environment

PERSONAL ATRIBUTIES

• Present oneself in a manner one would expect from a professional advisor, overtly abiding by a strict code of conduct and striving for high standards at all times.
• Comfortable to share lessons learnt with peer
• Confidence to challenge others where non-compliance is Interact well with colleagues and support the wider team by being alert to the challenges faced by colleagues.

QUALIFICATIONS AND KNOWLEDGE

• Qualified accountant (ACA/ACCA/CIMA).
• Current membership of a recognised accounting body.

Vercity believes that diversity is paramount to driving creativity, innovation and value for our clients and for our people. All applications will receive consideration for employment without regard to ethnicity, religion, gender, gender identity or expression, sexual orientation, nationality, disability, age, or social background.

Please send us your name, contact details, CV and cover letter here.