Assistant Finance Manager

Posted 10 December 2024
Salary £60000 - £65000 per annum + Bonus + Carry
LocationLondon
Job type Permanent
Discipline Accounting & Finance
ReferenceSRFA_1733845624
Contact NameSherine Rose

Job description

KennedyPearce are working with a fantastic new client hiring an Assistant Finance Manager/ Financial Accountant for a real estate hotel business based in the heart of the West End. This newly created role will be key additions to a dynamic team of 12, offering an excellent chance to make an impact in an expanding business. We are looking for candidates with an ACA qualification from a big 4 or mid-tier accounting firm. This company offers a generous bonus as well as the opportunity for carried interest.

Working closely with the CFO, the main areas of focus/responsibility:

Finance/Tax

  • Responsible for the design, implementation and ongoing effectiveness of robust and effective financial and tax controls and processes.
  • Manage the engagement, delivery and quality of external accounting/finance providers.
  • Manage the engagement and efficiency of the year end statutory audit.
  • Manage external tax advisors to ensure value for money and efficient production of all tax compliance.
  • Liaise with hotel financial controllers/finance directors to deal with accounting, tax, compliance, governance and any other finance related matters.
  • Liaise with investors representatives for all matters finance and tax.
  • Undertake regular GL, balance sheet, cash flow and P&L reviews and Q&A to ensure high quality and completeness of books, records and systems.
  • Responsible for the management and adherence of financial reporting timetable including investors, lenders, statutory and any other requested reporting.
  • Monitor capital expenditure for each hotel refurbishment project for cash and accounting impacts/optimisation and work with tax advisors on any tax allowances.
  • Manage debt compliance and payments.
  • Produce consolidated group accounts when required.

Treasury

  • Proactively assess cashflow forecasts and cash repatriation options
  • Responsible for design and implementation of optimum cash & bank controls
  • Liaise with the banks and ensure banking requirements/regulations are adhered to.
  • Liaise with Asset Management to ensure DOAs and bank authorities are appropriate and complied with.