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Finance Manager

  • Location: London
  • Sector: Finance
  • Salary: £300 - £350 per day + DOE
  • Job type: Contract/Interim/Temporary
  • Date posted: 14/05/2019
  • Job reference: TAN

LMA Recruitment are currently business partnering with a industry leading SPV business based in central London looking for a Finance/Project Manager to join their finance department on a 6 month contract, paying between £300-350 a day.

The Finance Manager will be expected to operate as the Finance Director (FD) and the Company Secretary of their projects. This role will support the General Manager (GM) of the relevant projects in the effective delivery of the SPV's statutory and contractual obligations.


Key responsibilities:

  • Ensure compliance with contractual documentation, statutory and regulatory frameworks and agreed programmes and procedures.
  • Attend monthly management accounts reviews and instruct the Accounting Team by providing the project specific financial procedures and information.
  • Instruct the Accounting Team of payments to be made to shareholders and senior debt providers.
  • Manage the payment authorisation process.
  • Undertake regular reviews of the monthly balance sheet reconciliations.
  • Manage the business planning and operating financial model update process, including presentation to the Board and securing funder approval.
  • Manage the key stakeholder relationships including the Board, Funder, account bank, client finance representative and rating agencies.
  • Act as Company Secretary in accordance with HCP's Company Secretarial Handbook, including advising the Board on their statutory and fiduciary duties.
  • Contribute to the preparation of the Board report, including the finance report and executive summary.
  • Attend Board meetings and present the finance report.
  • Manage the tax affairs of the SPV.
  • Maintain and update the Projects' financial and company secretarial policies.
  • Advise the Board of risks and opportunities and make recommendations for actions.
  • Manage the financial aspects of any project commercial activity (variations, lifecycle expenditure, benchmarking, market testing), ensuring correct reflection in the financial models and the project documentation.
  • Ensure the financial model is consistent with all contractual, commercial and regulatory obligations.
  • Manage aged debtors and aged creditors and resolution of overdue items.
  • Review and approve sales invoices, agreeing adjustments to the UC invoice with the client.
  • Manage the statutory audit process and secure approval of the statutory accounts.
  • Ensure that actions identified from the internal audit programme are completed.
  • Manage the insurance renewal programme.
  • Review insurance cost sharing calculations and secure agreement with the SPV client.


Job Description and Person Specification

  • Review the annual operating budget and reconcile to the operating financial model prior to presentation to the Board and Funders.
  • Engage the support of the commercial finance team and modelling team on key relevant matters.
  • Review the SPV risk register with the GM, advise operations team on financial matters and attend service review and client liaison meetings as required.
  • Deputise in the absence of the GM.
  • Participate in the development of the finance function, team and systems.
  • Carry out other duties that fall within professional expertise.

If you feel you are the right candidate for the role the please send your CV through

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