Finance Manager - Part Time

My client is looking for a commercially minded part-time Finance Manager to take ownership of the finance function of a property development business. You will produce monthly management accounts and cash flow forecasts, keep control of the ledgers and give the directors clear, timely information to run projects and manage funding.

Detail

Job title
- Part-Time Finance Manager

Hours - 20 hours per week, days to be agreed

Reports to
- Owner

Contract
- Permanent, part-time

Salary
- Competitive

About us

Our client is a property developer based in Crieff, delivering residential and commercial projects across Perthshire and beyond. Each development carries significant costs and funding commitments, so accurate numbers and strong cash management are central to how we run the business.

Key responsibilities

Management accounts and reporting

Prepare monthly management accounts within [10] working days of month end, including P&L, balance sheet and commentary

Report profitability by development site, including costs to date and cost-to-complete

Maintain work-in-progress and stock valuations for each development

Present results to the directors and highlight risks, variances and opportunities

Cash flow forecasting and treasury

Maintain a cash flow forecast and a longer-term forecast covering the development pipeline

Monitor daily bank balances and manage payment timing to protect cash

Track development finance drawdowns, facility headroom and loan repayments

Model the cash impact of new sites, sales completions and funding scenarios

Support site appraisals with cost, sales and funding assumptions

Funding and lender reporting

Prepare monitoring reports, drawdown requests and covenant information for lenders and investors

Liaise with banks, development finance providers and monitoring surveyors

Ledger control and oversight

Maintain accurate purchase, sales and nominal ledgers in Xero

Code all transactions correctly, including allocation to individual development sites and cost centres

Reconcile all bank, credit card and loan accounts weekly

Reconcile supplier statements and resolve discrepancies promptly

Post journals, accruals and prepayments

Tax and compliance

Verify new subcontractors with HMRC and maintain CIS records

Calculate CIS deductions, issue payment and deduction statements, and prepare the monthly CIS
300 return

Apply the correct VAT treatment, including domestic reverse charge for construction services

Year end and controls

Prepare year-end files and working papers and act as main contact for the external accountants

Design and maintain financial controls, authorisation limits and procedures

Keep group and company records organised, including any SPVs set up for individual developments

Other duties

Support the director with ad-hoc analysis, insurance, contract and finance matters

Identify system and process improvements

Any other reasonable duties as required

Person specification

Flexible part-time hours

Real influence over the finance function of a growing local business

At least 5 years' experience producing management accounts and cash flow forecasts

Experience in property development, construction or another project-based sector

Strong working knowledge of VAT and CIS as they apply to property and construction

Advanced Excel skills and experience with Xero Able to explain financial information clearly to non-finance directors

Self-motivated, organised and comfortable working in a small team

Experience of development finance, lender monitoring and covenant reporting

Knowledge of property VAT (option to tax, partial exemption, Capital Goods Scheme)
Experience with group structures and SPVs