Finance Manager – Financial & Rent Accounting
Location: London
Contract: Permanent
Rate: £70,000 - 75,000 per annum
Start Date: Flexible
*Hybrid Working – One day minimum in office*
Contact: [email protected]
Job Description
Service Care Solutions are currently recruiting on behalf of a Housing Association in London for a Finance Manager (Financial & Rent Accounting) to join the team on a permanent basis. The organisation has over 7,000 homes across nine south London boroughs. They are a provider of homes for rent (social and affordable), shared ownership, outright sale and supported housing and also have a small portfolio of commercial properties and garages.
This role will have line management responsibilities for 4-5 staff members and will provide cover to the Finance Manager – Management Accounting as required. The Finance Manager for Management Accounting will also provide covering support as required.
Main Responsibilities
- Ensure the Transactions team have support where required for Accounts Payable, Banking and Rent accounting.
- Contribute to project working groups as required with the wider business.
- Ensure all Financial accounting systems are providing accurate and reliable data.
- Ensure that the trial balance is reconciled for annual financial statements.
- Prepare the annual FVA submission file.
- Supervise the Financial officers responsible for AP and Rents processing.
- Ensure all reconciliations for Banks, Rents, AP and AR are completed each period in a timely manner.
- Provide relevant AR reporting to support credit control processes.
- Provide reporting to ensure Purchase Orders are raised in accordance with policy.
- Work with the Governance Transition Manager to ensure successful implementation of the Dynamics/Redkite automated rent uplift solution.
- Lead on regular training of Social Rent Accounting (Formula rent, affordable rents, etc.)
- Lead the budgeting process for annual rent increases.
- Ensure accuracy of rental transactions and rental accounts within the Dynamics system.
- Input to the year end and internal audit process as required, producing data flows and trails to support all areas of reporting.
- Ensure the data set is consistently allocated at property and scheme level.
- Enhance budget detail and monthly comparisons to actuals.
Candidate Criteria
- Qualified ACCA, ACA, CIMA or Equivalent with extensive PQE
- Experience of reporting within the Social Housing sector with an understanding of the technical accounting and reporting requirements this entails.
- Experience of working on Rent Accounting within a Social Housing environment is highly desirable.
- Experience of operating at a senior level with high-level financial reporting and presenting skills.
- Experience of setting and managing timescales/timetables for work completion in line with internal controls.
- Great communication skills and ability to work professionally and adapt to any team fit.
Service Care Solutions also offers a £250 referral bonus! So, if you know of anyone who would be perfect for this position and they are placed into work, you will receive £250 for the referral once their probationary period has been completed.