London Community Land Trust, Finance Manager

All Opportunities

Finance Manager

London Community Land Trust

Finance Manager

Spitalfields, London

£42,000

Ambition

London CLT is on a mission to support local communities to create permanently affordable homes and help transform their neighbourhoods and more broadly to innovate and influence the housing sector in London and beyond.

We are community and member led. We believe that local people should lead as decision makers in housing developments. We work with our members and local people to develop homes that stop Londoners being priced out of their neighbourhoods. Any Londoner can become a member of London CLT. We have over 3,300 members. Our campaigns are led by our members and both they and our residents have representation on our board.

Given the extent of London’s housing crisis, we have ambitious growth plans. These plans include building hundreds of new affordable homes across the city, accessing land through organising campaigns on behalf of local people and communities fighting for CLT homes in their neighbourhood, and to transform their neighbourhoods.

Intro

London CLT works with communities to create genuinely and permanently high-quality, affordable homes priced according to local incomes, ensuring Londoners are no longer forced to leave the neighbourhoods they call home.

Purpose

Responsible for managing the monitoring, processing, reporting and forecasting of London CLT’s finances, and developing new systems and processes as required, to ensure the smooth running of London CLT.

Career Level

Senior Manager

Qualification

Degree educated, with evidence of continuing professional developmenmt.

Specialisation

Finance / Accountancy

Responsibilities

Financial Reporting

Reporting monthly to the Board and to the Executive Director on key financial indicators.
Working with the Treasurer and the Executive Director to prepare quarterly financial and progress reports for the Board, including consolidated accounts and budgets.
Preparing the quarterly management accounts and drafting the annual accounts on time and to a high standard, providing all the necessary information as required by the board and auditors.
Working with the Board and the Executive Director to produce appropriate financial data for inclusion in fundraising bids.

Financial Planning

Working with the Treasurer and the Executive Director to produce annual budgets and reviewing project budgets prepared by Project Managers for the Board.
Working with Treasurer and the Executive Director to produce quarterly, annual, and five-year projections.
Undertaking ad-hoc financial analysis as required.

Monitoring & Compliance

Overseeing and undertaking quarterly monitoring and reporting on the expenditure of grants to London CLT and its funders, including for the GLA, managing associated drawdown requirements with Project Managers, including cash flow.
Reporting to banks on loans already advanced and managing all drawdown requirements of loans and repayments.
Overseeing compliance with legal and regulatory requirements, such as the annual return to the Financial Conduct Authority.

Procurement

Managing all business case requests.
Monitoring all procurement.

General Financial Tasks

Overseeing the generation of sales invoices and the processing and payment of all purchase invoices, working with Project Managers to gain authorisation for payment of supplier invoices for work carried out on development projects.
Overseeing the processing, authorisation, and payment of business expenses.
Carrying out bank reconciliations on a weekly/monthly basis.
Overseeing and managing Construction Industry Scheme (CIS) payments.
Preparing information for the auditors for the submission of London CLT’s annual corporation tax return.
Managing and processing the monthly VAT return and payment.
Balance sheet reconciliation.
Oversee the management of the Bank Account, including monitoring the flow of restricted funds.
Managing the processing of the payroll and liaising with the external payroll company.

This is not an exhaustive list, and you may be asked to undertake different or additional duties in line with London CLT’s evolving needs.

Person Specification

Strong financial management and accountancy expertise.
IT Literate and highly proficient in the use of QuickBooks and Excel or comparable software.
Ability to set and meet strict deadlines and balance competing priorities.
Resilience and the ability to work effectively and make decisions under pressure.
Good interpersonal skills and the ability to work effectively with a wide range of partners and team members.
Good analytical and problem-solving abilities.
Excellent written and verbal communication skills and presentation skills.
A passion for our work and a strong entrepreneurial spirit.

Organisation Profile

Decent, secure, and affordable homes are getting harder to come by, and there is widespread recognition and an acceptance that London needs more affordable homes.

What remains is a gulf between those who are attempting to deliver affordable housing and the communities that need these homes. This is the gap that London CLT successfully bridges, working with local communities to create truly affordable homes that are owned by local people, and which puts Londoners in charge of how their neighbourhoods develop.

Proud to be at the forefront of developments in this space, we were the first to develop and sell homes, starting with our flagship project at St Clement’s in Mile End.

Industry Category

Company Size

Apply Now

If this appeals to you and you would welcome the opportunity to play your part in the achievement of our future ambitions, please contact our advising consultant, Philip Nelson, on 020 3590 9978 or via email at philip.nelson@thehiringdept.com.

Closing Date: Sunday, 1st September

Final round Interviews: Thursday, 5th September

How to Apply

If you would welcome the opportunity to apply, please forward a copy of your CV and supporting statement to philip.nelson@thehiringdept.com.

London Community Land Trust is committed to equal opportunities and actively seeks applications from all sections of society irrespective of gender, race, colour, nationality, ethnic or national origin, disability, marital status, sexual orientation, age, or religious belief.

Finance Manager