Regional Finance Director
Our client is the largest specialist property developer in the UK, with some £300m of revenue and a capital investment programme in excess of £1.5bn over the next five years.
Following the appointment of a new CEO, the company has embarked on a strategy to
- Grow the core construction business rapidly
- Accelerate the capital cycle to deliver higher financial returns; and
- Introduce new products, services and businesses in support of its market leading brand.
This is significantly accelerating the pace of activity in the Yorkshire Region, with twice as many new developments opening in 2013 as in 2012. During this period of significant capital investment, it is critical that the Yorkshire region manages financial performance robustly in pursuit of the Region’s aggressive growth targets.
This role will report directly in to the MD. The role will be responsible for a team of 4. This is a Regional Accountant / Finance Manager who has 3 ledger assistants that report in to him.
The Regional Finance Director has responsibility for driving the financial performance to deliver against targets. As a key member of the Regional Management Board, the Regional Finance Director provides support to the Regional Managing Director, with full ownership of the PL, balance sheet and cash flow of the region.
The Regional Finance Director has direct supervisory responsibility of the day to day accounting, reporting and transaction processing for the region. The Regional Finance Director is also responsible for ensuring the effective implementation of group financial policy and procedures, in support of regional business objectives.
General Responsibilities
Driving the financial performance of the Region to deliver against targets, in support of the Regional Managing Director, including:
Ensuring effective capital allocation through the robust appraisal of land acquisition, planning and construction decisions against group hurdle rates and other key criteria;
Helping deliver the targeted profitability of the Region through the identification and implementation of appropriate pricing and promotional strategies across the Region.
Assisting the Regional Board in managing competing financial and operational priorities to deliver profit, cash, operating costs and returns in line with group targets.
Leading the preparation of monthly Profit Loss and Cashflow forecasts, 4 year work flows, and detailed annual budgets, the production of sensitivities and the identification and implementation of resulting action plans.
KEY Skills:
The ideal candidate
Proven leadership skills of a department
Evidence of developing a team
Open minded approach
Qualified (ACCA, ACA, or CIMA)
Evidence of involvement in developing the organisations strategic plans e.g. (How can the company be more profitable, looking at land costs,and profit and sales.
Property / building background an advantage but not essential, but mulitsite experience is essential
Need to be very hands on and excellent people skills
Need to get the bigger picture and able to join together departments
Experience of Tax / VAT on property an advantage (Not essential but ideal)
Project management skills, development of sites. (Not essential but ideal)
Belbin management style (Not essential but ideal) - This is a management style that develops ideas.
Leave a Reply
You must be logged in to post a comment.