Job Description

You will work as a senior business partner with business stakeholders and counterparts from external partners, to drive the right financial outcomes.

In this role, you will be responsible for managing the provision of financial analysis, challenge, accounting and reporting for our interests in Joint Venture (JV) property developments, through the application of appropriate levels of due diligence, governance and assurance.

You will need to be adaptable to carry out a range of financial activities across multiple developments that will be at different stages within the property development life-cycle and must be articulate.

Key Accountabilities

• Responsible for the provision of a complete financial business partnering service to senior management and departments in relation to our Property Partnership Portfolio. Includes leading on all aspects of financial management and reporting / budgeting / forecasting for property joint venture activities.

• Lead on the development of our models to monitor and report to the Group on actual costs and forecasts, budgets and plans for joint venture property developments, identifying and highlighting issues on a timely basis, and ensuring appropriate action is taken.

• Responsible for the timely and technically accurate recording of all joint venture financial transactions, and performance information; including forecasts, plans and budgets for a number of Joint Venture partnerships.

• Represent us in Finance Committee meetings within the operated ventures, challenging performance and conducting due diligence on forecasts, budgets and plans.

• Review and arrange payment of cash calls from Joint Venture partners in accordance with JV Operating Agreements
• Provide technical accounting support and advice on the structuring of new joint venture partnerships to ensure all financing or reporting risks are identified and lead on ensuring they are appropriately addressed before contracts are signed. Lead on setting up the agreed structure within our systems and system controls.
• Maintain financial records, prepare and review statutory accounts.

• Act as deputy to the Finance Manager in Board meetings, budgeting and business planning presentations to the various stakeholders

• Support wider Commercial Development finance team with ad hoc reporting and information requests.

Inclusivity statement

We are committed to equality, diversity and inclusion. We want to represent the city we serve, which will help us become a more innovative and efficient organization. Our goal is to make our recruitment as inclusive as possible. We are a disability confident employer who guarantee an interview to any disabled candidate who meets all of the essential criteria.

In return for your commitment and expertise, you will enjoy excellent benefits and scope to grow. Rewards vary according to the business area but mostly include:

• Final salary pension scheme
• Free travel for you on the network
• A 75% discount on National Rail Season Ticket and interest free loan
• 30 days annual leave plus public and bank holidays
• Private healthcare discounted scheme (optional)
• Tax-efficient cycle-to-work programme
• Retail, health, leisure and travel offers
• Discounted Eurostar travel

Required Knowledge, Skills, and Abilities

• Variance and Financial / Budgetary Analysis (Expert).

• Forecasting (Expert).

• Systems and Software (Experience).

• Cost Accounting (Experience).

• Business Case Analysis, Development and Assurance (Expert).

• Risk and Control (Experience).

• Professional Accounting principles and standards (Experience).

• Management reporting, external reporting and ad hoc communication (Expert).

• Commercial acumen (Experience).

• Stakeholder management (Experience)

Knowledge

• Qualified accountant, preferably CIMA, ACCA or ACA.

• Financing, accounting, VAT and governance frameworks and processes for property development including financing.

• Extensive commercial property development knowledge e.g. from working for a commercial property developer.

• Strong property accounting or asset accounting knowledge, including key property and industry KPl's.

• Understanding of how to account for joint venture arrangements, including equity accounting consolidation rules.

• Demonstrable knowledge of the types of systems used in property reporting and analysis e.g. SAP or Oracle

• Knowledge of financial activity needed to support property-specific activities throughout the property development life-cycle.

• General management accounting covering aspects such as forecasting, reporting, variance analysis and planning.

Experience

• Experience in managing finances across a large commercial property portfolio with multiple developments.

• Extensive management accounting experience covering all aspects, such as forecasting, reporting, variance analysis, planning and ad hoc activities.

• Experience of working in roles that demonstrate competence in property development finance, where there was responsibility for reporting, budgeting and forecasting for multiple property developments, at different stages of the life-cycle.

• Must have experience of working on joint ventures, including joint venture modelling, accounting and statutory requirements.