Chief Financial Officer
About Our Client
Metropolitan Thames Valley Housing (MTVH) are one of the UKs largest landlords and a member of the G15. They are proud of their history, culture, and values, which have never felt more vital to their work in supporting and facilitating the communities they serve to be successful.
MTVH provides housing at different levels of affordability and offers a range of care and support services. They own, manage and administer more than 57,000 homes in London and the South East, the East Midlands and East Anglia. The scale of their operation helps mitigate risk and provides financial strength, which is demonstrated in their performance metrics.
MTVH is a well run and well governed organisation with high Governance and Financial Viability ratings from the Regulator, and a sound credit rating of A- stable reconfirmed by Standard & Poors (S&P) in December 2024, notwithstanding a backdrop of higher costs to meet enhanced building safety requirements in line with recently passed Building Safety legislation.
While current market conditions make development of homes more challenging, they continue to have the financial capacity to build new homes and are on track to deliver 569 homes in the year to March 2025. Their financial results for the six months to September 2024 showed a robust balance sheet with available liquidity of £675m and a low gearing ratio of 39%.
Their purpose remains steadfast, "That everyone should have a decent home and the chance to live well" and "Serving People Better Every Day" is their five-year strategy launched in April 2021 to pursue this purpose. The successful candidate will be joining at an exciting time, building on firm foundations as they seek to refresh their strategy moving forwards in the context of the challenges and opportunities facing the sector now and into the future.
Job Description- Strategic leadership - Creating and helping deliver MTVH's new strategy and business plan in conjunction with the Executive Team and the Board.
- Customer service culture - ensuring the organisation is able to operate effectively and efficiently, ensuring the customer's voice is heard and listened to through out the organisation.
- Financial stewardship - Leading business critical functions: treasury, business planning, financial accounting and processing services, and procurement; strengthening MTVH's financial position leading to the ongoing protection of its viability and investment standing.
- Robust assurance - Managing the finance, procurement and facilities functions to deliver robust financial controls, improving performance and efficiency, and mitigating risks for the organisation.
- Leadership - Executive experience or held a senior leadership position with regular exposure to the Executive Team and Board. Leading a finance and treasury functions with the ability to lead and inspire a diverse workforce.
- Innovator - Working in partnership with the executive and board, you will ensure the organisation is creative in their approach and helps continue to find solutions to fund new and existing development plans or You will bring your ability to innovate and support their forward growth ambitions as they strive to play a part in addressing the housing crisis.
- Strategic thinker - Providing the right level of challenge and reassurance to the board, working with external stakeholders (lenders, auditors, regulator) to support achieving the groups strategic objectives.
- Qualified accountant - CCAB or equivalent qualified accountant with a proven track record of achievement.
The ideal candidate will have worked in social housing or other relevant industries.
This is a chance to join a highly regarded organisation with a relatively new Chief Executive Officer and Executive Team, supported by strong and strategic Board, who are about to set their new strategy and who are part of solving the Housing Crisis.
MTVH want to capture the value that difference brings and are committed to promoting equality, diversity and inclusion. They work collaboratively 'Serving people better every day' to educate, support and develop all of their diverse employees and the communities that they serve.They are also part of the disability confident employer scheme.
What's on Offer
Competitive package
Please apply with a CV and supporting statement by the closing date 5th March 2025.