About the Company
Therme Group is dedicated to making wellbeing accessible to all by creating advanced wellbeing resorts that combine nature, technology, and culture. Their resorts enhance mind, body, and soul through global thermal bathing traditions and indoor tropical ecosystems. Therme Group's resorts serve as vital public and social infrastructure, promoting both mental and physical health. With over 20 years of experience, they are leaders in European wellbeing and are expanding their innovative projects in the UK, Asia, and North America.
Therme Group UK is responsible for the strategic planning, development and roll out of Therme Group resorts in the UK. Beginning with Therme Manchester at Trafford Park, Therme Group will bring its wellbeing resort concept to cities throughout the UK, transforming urban lifestyles with profound benefits to health and wellbeing.
Role Description
This full-time is based on-site role at Trafford Park and reports to the Financial Director, Therme North. You will be responsible for overseeing financial planning, budgeting, forecasting, and reporting for this £400M+ project. Day-to-day tasks include managing financial operations, analysing financial performance, ensuring compliance with financial regulations, and providing strategic financial advice to support business decisions.
The role supports the Finance Director – Therme North, with the current 2 UK companies developing the Manchester facility. The volume of transactions will increase as the construction period of the project continues. The Group Finance team in Richmond, Surrey, have been responsible for the majority of the finance functions for these companies to date and will be available to support the transition of all of these functions to the new Team in Manchester.
In the short term, you will take on the responsibilities of the current Group Financial Controller with a view to developing the processes and reporting for the construction project. The ability to work across different aspects of a company is essential from processing transactions to the production of reports and summary financial information. The Manchester companies and their operations are in the process of developing the necessary processes to support the construction project and provide all necessary reporting to the Operational Team, the Board of Directors and External Funders.
Qualifications/Experience
· ACA/CIMA/ACCA
· Experience of preparing accounts to Trial Balance and management accounts for review
· Experience of Construction Industry and ideally Development Project management and reporting
· Excellent IT skills
· Experience of Xero, Concur or similar helpful but not essential
· Good to excellent Excel skills
· Excellent communication and interpersonal skills
· Flexibility in a fast changing environment and ability to adapt to changing requirements
Responsibilities
* Timely reporting as required on the construction project and day to day monitoring of the costs management process in conjunction with our construction management team
* Preparing the monthly funding drawdown request including ensuring that all necessary supporting information is prepared and available
* Monthly reporting with fast close by 2nd working day of each month for intercompany reconciliation and 3rd working day for Final package. Completion of the consolidation framework excel schedule for upload to online consolidation package to ‘IDL Konsis’. Full training will be given on IDL.
* Preparation of monthly management accounts together with supporting working papers and comparison with forecasts for review by Directors and Board. (2 companies)
* Help prepare annual budgets and updates for UK and other territories and input onto our budget tool, Anaplan.
* Update Anaplan for actual spend each month and ensure it reconciles to underlying accounts/payroll total.
* Manage audit process in including direct liaison with UK audit team and assisting with the preparation of statutory accounts, corporation tax computations and Group reports. Group year- end reporting is to tight deadlines.
* Collaborate with the Financial director and other team members to continue to develop and implement systems and controls as the organisation grows
* Prepare Intercompany transaction accounting reconciliations
* Preparation/review and submission of VAT returns (preparation usually by accounts assistant)
* Preparation/review and submission of CIS returns. Understanding when invoices fall under the CIS regulations.
* Preparation/review monthly cash flow forecasting and cash management (preparation usually by accounts assistant)
* Prepare Monthly balance sheet reconciliations – mainly payroll/pension
* Prepare schedules for periodic Group recharges
* Manage Accounts Assistant
* Review onboarding of suppliers and any IR35/self-employed assessments completed
* Oversee expense claim management (using Concur)
* Liaise with our payroll company who produce the monthly payroll (2 companies, soon 3) forward the changes each month, check and review information, set up payments
* Manage P11D’s and PSA’s on an annual basis
* Liaise with accounting teams across the Group where necessary
Salary Range for this role is £80K to £95K per annum + Attractive Benefits
To apply please send your CV along with a covering letter and include you current salary