Make a Home at Taylor Wimpey
Job summary/Purpose
The Assistant Finance Manager is key to assisting the Finance Manager in preparing the monthly management accounts (P&L, Balance Sheet, Cashflow and Land Bank Reporting) and the supplementary reporting of data and information to the Group. The role is to run controlled finance processes and deliver accurate outputs in a timely manner.
The role will deputise for the BU’s Finance Manager (FM) at the business unit level. The individual will have a process improvement mindset/approach.
Primary Responsibilities
Manage the consolidated monthly close process, ensuring a clean close of all sub-ledgers, interfaces, and accounting judgements, with the general ledger closed by WD3.
- Prepare and Process month end journals
- Preparation of monthly management reporting for the BU. Include commentary which explains both YTD and full-year forecast variances from the budget (or forecast), for review by the FM and FD and incorporation in the monthly BUMT Board Report. The analysis will reflect operational understanding.
- Prepare and Review balance sheet reconciliations, including entries and accounts managed by central teams (e.g. payroll accounting), ensuring that items are correctly analysed and any accounting anomalies are cleared on a timely basis. Highlight issues to the FM during the review
- Account, forecast and report on cost excesses/ savings
- NGP Joint venture – Responsible for the production of management accounts and statutory accounts, balance sheet reconciliations, recharges, and preparation of board reporting for the JV.
- NGP Joint Venture – Liaise with all external and internal agencies on VAT/Tax and company house returns.
- NGP Joint Venture – Liaise with the commercial team to account for excess and savings.
- Contribute to the annual budgeting and planning process
- Explanation and demonstration of the key budget outputs across BU departments, often to a non-financial audience.
- Ensure Finance Manual procedures are complied with and timely dispensation sought where appropriate.
- Support Finance Manager with the external and internal audit processes, as well as statutory account preparation as required
- Engage with the BU teams to ensure TW Group's financial policy and statutory requirements are met and complied with throughout the BU
- Support the Finance Manager and Finance Director by assisting in the preparation of financial information in an efficient and timely manner
- Positively contribute to the Finance Leadership team to manage, guide and motivate the Finance team
- Provide cover for direct reports and peers as required
- Other Ad hoc projects, processes and procedures as required.
Experience, Qualifications, Technical Requirements
- Previous industry experience
Qualified Accountant – ACA, ACCA, CIMA, with prior experience of working as a financial accountant (or external auditor) and management accountant.
Good (Strong preferred) working knowledge of MS Office and Excel in particular
Inclusivity Statement
As a proud Disability Confident Employer, Taylor Wimpey is committed to creating a diverse and inclusive workforce. We actively collaborate with individuals who have disabilities and long-term health conditions which have an effect on their ability to do normal daily activities, ensuring that barriers are eliminated when it comes to employment opportunities. In line with our commitment, we guarantee an interview to applicants who declare to us during the application process that they have a disability and meet the minimum requirements for the role. Join us in building a truly diverse and empowered team.
