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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.