IT Finance Manager

Make a Home at Taylor Wimpey

At Taylor Wimpey, we don’t just build houses; we build futures. Not just for the people who live in our homes, but for our own people too. When we bring our collective skills together, we make amazing things happen - for ourselves, for each other and for our customers. There are incredible opportunities on your doorstep, and we want you to discover them all. 

With 22 regional offices across the UK and operations in Spain, we bring our vision to life locally. Here, you’ll be given the tools to develop your skills and the freedom to explore new avenues. Share your ideas, experience a no-blame culture, and shape your work around your life.

Every single one of us plays a vital role in bringing to life incredible places and spaces, where anyone can thrive. We believe in making a positive difference to our planet, as well as to people. 

Home to work that matters, and you can be a part of it.

Job Summary

The IT Finance Manager (ITFM) is a key member of the IT Function, acting in a department-wide role to proactively support the IT Leadership Team (ITLT) and IT Director (ITD) to maximise delivered value. The ITFM will have a deep level of operational knowledge alongside financial management expertise, to enable critical review and challenge of key decisions and information across all functional aspects within the IT department.

The ITFM is a broad hands-on role, accountable for all aspects of the IT finance processes, ensuring control and delivering accurate outputs in a timely manner, including the preparation of consolidated monthly management accounts, modelling of financial forecasts and plans, reporting of data and information to Head Office, management of supplier purchase orders, invoices and assistance with the development of business cases,  project spend control and reporting.

The ITFM will engage as a finance partner with colleagues from all functional aspects within the IT department, being able to review and challenge, providing commercial financial support to influence decisions and strategy to enhance financial and business performance. The individual will have an analytical, commercial and process improvement mindset.

Primary Responsibilities

Development of forecasts and budgets 

• Own and lead the end to end finance budget processes for the IT function.
• Hold the ITLT and IT Director to account on spend and management against the agreed budgets throughout the year.
• Work with the ITLT to understand and contribute to the department’s strategic and tactical decision-making and build them into forecasts and budgets.
• Work with members of the IT team and/or the wider business and attend IT Steering Committee (ITSC) meetings, to understand, develop and sign-off the commercial aspects of all business cases and initiatives, including the modelling of ongoing costs, and build them into forecasts and budgets.
• Work with members of the IT team and/or the wider business, to understand progress on projects and initiatives, committed costs and costs to complete, and factor any changes to timing or value into forecasts and budgets, managing risks and opportunities throughout the year
• Work with members of the IT team and/or the wider business, to understand BAU services and cost and factor any changes to timing or value into forecasts and budgets. Prepare P1 and P3 forecasts and agree with ITLT prior to timely submission.
• Review the bi-annual budget/forecast process (P1 and P3) with Head Office stakeholders including the Group Finance Director (GFD).
• Report on performance against forecasts and budgets to the ITLT and other key IT contacts on a monthly basis, developing KPIs, where appropriate.

Accounting, reporting and control

• Manage the purchase order (PO) process, including raising and obtaining ITD approval for POs, liaising with IT Vendor Management (ITVM) for renewals and new ongoing services.
• Work with ITVM and suppliers to ensure timely submission of invoices.
• Manage the monthly supplier invoicing process, including coding, circulation for approval and timely submission to HO for processing and payment.
• Reconcile the monthly transactions, manage the monthly accrual and journal process to reflect committed and expected costs, including timely submission, and factor any changes to timing or value into forecasts and budgets.
• Work with Head Office (HO) Finance to maintain the Fixed Asset Register (FAR) for IT projects and initiatives.
• Ensure Finance Manual procedures are complied with and timely dispensation sought where appropriate.
• Liaise with HO Finance and/or external audit and manage the process of delivering information required. 

Other 

• Act as the subject-matter-expert of Finance in the IT function, providing coaching and support to further enhance financial and commercial understanding across the wider IT team.
• Respond to data and analysis requests from the IT and Head Office (HO) Finance teams.
• Develop and maintain relationships across the wider Finance teams, both in the BUs and at Head Office, ensuring a collaborative, open and transparent approach.
• Provide clear and concise narrative on all financial data (actuals, forecasts, variances, etc), both written and verbal, engaging at all levels of seniority across the organisation.

Experience, Qualifications, Technical Requirements

• Qualified Accountant – ACA, ACCA, CIMA, with prior experience of working as a management accountant, finance business partner or equivalent
• Strong analytical background, with good attention to detail, strategic thinking and problem solving
• Good working knowledge of MS Office and Excel in particular, and openness to engaging with data analytics and AI tools
• Worked as a Finance Business Partner in a cost centre environment, in IT or another Head Office cost centre
• Working knowledge of COINS
• Previous housebuilding industry experience 

What we offer at Taylor Wimpey

At Taylor Wimpey, we are committed to enabling you to make a home with us. Our work is not just about building homes; it's about doing work that matters, making a positive impact on the lives of our customers and the communities we serve.

We enjoy many benefits as standard, including excellent retail discounts, company funded life insurance and private healthcare, and access to a quality pension scheme with company contributions.  We also offer our discounted house purchase scheme, car leasing scheme and share plans, as well as the opportunity to tailor your benefit package to suit your needs with options such as buying extra annual leave or adding dependants to your benefit cover.  Our total reward offer works perfectly with our culture, we are a welcoming community where everyone can feel at home.    

We create a home to your future by providing opportunities for growth and development. We offer industry leading professional training and development, which supports you to unlock your potential and fulfil your career and personal goals in a variety of opportunities and environments. We look to develop our people in the skills and areas they are most interested in, leveraging your qualities and appreciating your unique competencies, skills and expertise that, when we come together, make this a great place to work.

If you want to do work that matters and build a career that lasts, make a home at Taylor Wimpey. 

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.

Internal Applicants:

Please inform your line manager if you wish to apply for this role.