Finance and Management Accountant
Penn Contracting has been established for over 30 years and is growing fast, carrying out refurbishment projects ranging from £100k to £3m in and around London. We focus on high-quality projects with an uncompromising attitude to our work. We currently have several projects in central London and Surrey.
About the Role
Penn Contracting is seeking a proactive and organised Finance and Management Accountant to join our growing team. This is a fast-paced, reactive role supporting the day-to-day financial operations of a busy construction business. Working closely with senior management, project managers, site teams and suppliers, the ideal candidate will play a key role in maintaining accurate financial records, ensuring compliance with construction specific regulations and supporting the smooth running of a crucial part of our business. The ideal candidate must be confident in managing competing priorities, working both independently and in close cooperation with our existing finance team and able to communicate confidently with both internal and external stakeholders while consistently delivering accurate work to tight deadlines.
Any candidate should have as a minimum:
- AAT Level 3 or Level 4 qualified or equivalent qualifications and training.
- Minimum of 3 years’ experience working within the construction industry, ideally for a building contractor.
- Minimum of 2 years’ hands-on experience using Xero for purchase ledger, payments, reporting and forecasting.
- Strong understanding of CIS regulations, including assisting with monthly CIS returns and maintaining HMRC compliance.
- Working knowledge of Reverse Charge VAT and assisting with quarterly VAT returns.
- Experience with payroll, bookkeeping, management accounting and profit and loss reporting.
- Strong Microsoft Office experience and skills, including Outlook, Excel and Word alongside excellent digital filing practices.
- Excellent written and verbal communication skills.
- Ability to prioritise workload independently within a fast-paced, reactive environment.
- A proactive, adaptable and solutions-focused approach with the ability to meet deadlines consistently.
Key responsibilities:
- Process purchase invoices, supplier payments and financial transactions using Xero.
- Assist with financial reporting, forecasting and management accounts.
- Support the preparation and submission of monthly CIS returns, ensuring compliance with HMRC requirements.
- Assist with the preparation of quarterly VAT returns, including the correct application of Reverse Charge VAT.
- Assist in managing / co-managing the accounts payable inbox and maintain accurate digital filing systems.
- Communicate professionally with subcontractors and suppliers regarding invoices, payment queries and payment schedules.
- Liaise with senior management, project managers and administrative staff to obtain invoice approvals and ensure accurate cost coding.
- Cross-check subcontractor invoices against timesheets and site logbooks before processing.
- Assist with weekly supplier and subcontractor payment runs.
- Support payroll administration and other finance related activities.
- Carry out general administrative duties as reasonably required to support the efficient operation of the finance department.
- Maintain accurate financial records while ensuring confidentiality, compliance and attention to detail at all times.
Job Type:
- Full-time, permanent and hybrid.
- Ability to reliably commute- Cobham 3 days a week.
- Adhering to Penn / Bright HR policy and procedures.
Salary:
- From £40,000 to £48,000 a year dependent on experience.
Hours of Work:
- Monday to Friday – 9:00am-5:30pm.
Pension:
- You will be automatically enrolled into the Government NEST scheme.
Holiday Entitlement:
- The holiday year is 1 Jan to 31 Dec and holiday entitlement is 28 days (pro rata) including Bank Holiday, subject to director approval.
Sick Pay:
Feel free to take a deeper look at who we are at Penn Contracting LTD via our website: www.penncontracting.co.uk. If you feel you would be a good fit for the role, please email your CV and a brief description as to why you want to join our team to [email protected]. We look forward to hearing from you!
We value your privacy, and we are committed to protecting your personal details. If you choose to apply for this role, please do not include any sensitive data on your CV which reveals (directly or indirectly); your race or ethnic origins, your political, philosophical, or religious opinions, or your membership of a trade union, your social security number, or information which relates to your health or sexual orientation or to any criminal convictions. For any further information on how we process data, please contact [email protected].
NOTE:
- Be prepared to be hands-on. We are not a corporation.
- Promotion potential: grow your career with the company as it expands.
- Salary is negotiable and dependent on experience / what you can bring to the company.
Pay: £40,000.00-£48,000.00 per year
Benefits:
- Casual dress
- Company events
- Company pension
- Employee discount
- Free parking
- Health & wellbeing programme
- On-site parking
- Referral programme
- Work from home
Work Location: Hybrid remote in Cobham (Surrey)
