Assistant Finance Manager
Location: Covent Garden, London
Salary: £50,000 - £60,000 (based on experience)
Hours: 37.5 hours per week. You will work Monday to Friday 9:00am to 17:30pm. This role will require you to be office based.
This role is a key member of the urbanest Finance team, responsible for delivering high-quality, timely financial information. Reporting to the Finance Manager, the role sits within the finance reporting team, which is responsible for producing financial reporting for a portfolio of nine soon to be ten operational properties. This role will work closely with another Assistant Finance Manager and Assistant Management Accountant.
This role has primary responsibility for accounting, monitoring and reporting of revenue across the portfolio. This includes contributing to the preparation of monthly, quarterly and annual operational property management accounts, supporting the sales and marketing team with budgeting and performance analysis. In addition, the role will partner with the development team on debt utilisation and cashflow management, and contribute to broader financial reporting, analysis and process improvement initiatives.
Key Responsibilities
Prepare monthly, quarterly and annual revenue for the operational portfolio of nine properties, including commercial analysis of variances to budget and reconciliation to nomination agreements with university partners.
Post all block booking and commercial revenue invoices into NetSuite.
Post income journals for non-student residential revenue, working closely with property managers and estate agents to ensure timely and accurate information is recorded.
Prepare monthly FloQast reconciliation schedules for to support monthly management accounts and balance sheet reconciliations.
Produce and distribute weekly and monthly revenue collection reports, tracking against agreed recovery targets for the portfolio.
Prepare monthly management accounts for development properties, including WIP transaction review and loan interest accruals.
Prepare and post journals and complex accounting entries e.g. capital and debt drawdowns and property acquisitions.
Prepare presentation slides for the monthly revenue meeting with the Sales Team.
Collaborate with the Business Optimisation Team, providing insights and ideas for process improvements and supporting transformations within the Finance Team.
Assist with preparation of year-end audit schedules and respond to auditor queries.
Skills & Experience we're looking for
Professionally qualified (ACA, ACCA, CIMA or equivalent).
Highly organised with excellent attention to detail.
Experienced in preparing management accounts.
Able to work diligently, meet deadlines and collaborate effectively.
Comfortable using finance systems (experience with Oracle NetSuite desirable).
Benefits
Travel & Cycle to Work Loans – Helping you get to work in a way that works for you
Enhanced Maternity & Paternity Leave – Supporting you through life’s most important milestone
Health & Wellbeing Support – Comprehensive financial, mental, and physical health resources
Recruitment Bounty – Know someone great? Get rewarded when they join
Generous Company Pension Contributions – Supporting your future, today
Free Eyecare Vouchers – Taking care of your vision
Life Assurance Policy – Peace of mind for you and your loved ones
Team Events & Staff Parties – Because we believe in celebrating together
Long Service Awards – Recognising your dedication and loyalty
Employee Assistance Programme – Free, confidential support when you need it
Training & Development Programme – Helping you grow your skills and career
Perkbox Discounts – Everyday savings on the things you love
Half-Price Gym Membership – Stay active with The Gym Group
This is a wonderful opportunity to join an ambitious, thriving and professional company, located in the heart of London. We started in 2009 and are now a 210+ strong team working every day to embody our values: Integrity, Development, Energy, Achievement and Support.
Our head office is in Covent Garden, and we operate a 24/7 business out of nine communities across the city (King’s Cross, St Pancras, Hoxton, Tower Bridge, Victoria, Vauxhall, City, Westminster and Battersea), with nearly 5,000 total beds. We opened urbanest Battersea in September 2024, one of the world’s most sustainable student accommodation buildings, and look forward to opening our 10th and largest community, urbanest Canary Wharf in 2026. With 1,672 beds, urbanest Canary Wharf will further enhance our sector leading status when it comes to sustainable developments.
Our communities each have a unique feel with buzzing social areas and quiet study spaces for our residents, and we are proud to offer an amazing living experience for students attending leading universities such as King’s College London, University College London, LSE, New York University, University of Arts, SOAS and many others. We have a co-ordinated calendar of in-house events to help students discover London and truly enjoy their time with us, ensuring urbanest has a positive impact during this developmental stage of their lives, serving us in our Mission:
“To enhance university life by delivering responsible, sustainable communities across London.”
At urbanest we are proud of our incredible work culture, and we all come together at different events throughout the year to celebrate our achievements. We are also pleased to offer numerous staff benefits, including discounted gym membership, travel to work/cycle to work loan, a generous company pension contribution, access to Wellbeing app Headspace, and more. Join us at urbanest and help us achieve our Vision of “a living and working experience better than yesterday; even better tomorrow.”
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