Finance Manager
Farringdon Without, City and County of the City of London
£45,000 - £70,000/annum
Posted 1 day ago
About the role
Our Client are a fast growing, Commercial Offices Fit Out & Refurbishment specialist contractor based in the City of London. They have an excellent board of directors who have 20+ years experience within the London market. To support their continued expansion, they are looking for a Finance Manager to take full ownership of their finance function.
Overview:
To ensure all financial liabilities are accurately recorded and managed in line with established policies and processes, contributing to effective cash flow management and reliable financial reporting. The role also plays a critical part in maintaining strong relationships with the supply chain to protect the company's creditworthiness.
KEY RESPONSIBILITIES
* Review and process payment batches, ensuring accuracy and appropriate application of CIS deductions and Domestic Reverse Charge where relevant.
* Update daily cash flow with subcontractor certificate values.
* Verify new subcontractor and ganger information, ensuring CIS tax status is accurate.
* Manage creditors and debtors to support effective cash flow management.
* Allocate all payments appropriately and maintain accurate ledgers.
* Provide subcontractors with remittance advices and purchase certificates.
* Review and approve monthly staff expenses.
* Support the production of monthly management accounts.
* Maintain a structured and compliant filing system.
* Plan and execute effective, organised work schedules.
* Carry out ad hoc tasks as assigned by the Head of Finance.
* Contribute to departmental development through recommending and maintaining financial policies and processes.
* Stay informed on changes in tax legislation relevant to the business.
KEY EXTERNAL CONTACTS
* Subcontractors and gangers
* Suppliers and external service providers
* HMRC (in relation to tax compliance and CIS matters)
EXPERIENCE REQUIREMENTS
* Prior experience in an accounts assistant or similar finance role, preferably within construction or subcontractor-heavy industries.
* Demonstrable understanding of CIS and Domestic Reverse Charge procedures.
* Experience with creditor and debtor management
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