Development Finance Manager

Help Shape the Future of Affordable Housing

At Stonewater, we're committed to ensuring everyone has the opportunity to have a place they can call home. As we continue to invest in our ambitious development programme following our recent £350 million grant allocation from the Social and Affordable Homes Programme, we're looking for a commercially minded and analytically driven Development Finance Manager to join our Finance team and help shape investment decisions that make a real difference to communities across the UK.

This is an exciting opportunity to work at the heart of our development programme, partnering with colleagues across Finance and Development to provide insight, challenge, and financial expertise that supports sustainable growth and delivers value for money.

Reporting to the Head of Business Partnering, you'll play a key role in supporting the financial performance of our development programme by evaluating scheme appraisals, analysing investment opportunities, and providing robust financial challenge to support strategic decision-making. You'll also lead and develop a Capital Accountant, helping to ensure the delivery of high-quality financial reporting and business partnering services.

• Assess development scheme appraisals and undertake post-development reviews to ensure schemes deliver strong financial and social value.
• Partner closely with Development teams to support investment decisions and maximise value across the development programme.
• Identify financial risks and opportunities, including contractor exposure and programme performance, providing actionable insights to senior stakeholders.
• Develop financial models and programme forecasts to support strategic planning and growth ambitions.
• Produce monthly management accounts, budgets, forecasts and performance reporting for Development leadership teams.
• Support annual audits, statutory accounts preparation and impairment reviews across development schemes.
• Work with the Development Programme team on Homes England grant audits and compliance requirements.
• Contribute to the organisation's long-term business planning, including supporting the 30-year business plan.
• Drive continuous improvement in financial processes, systems and management reporting.
• Line manage and develop a Capital Accountant, fostering a collaborative and high-performing culture.

We're looking for a finance professional who combines strong technical expertise with excellent business partnering skills.

• Part-qualified accountant nearing qualification, with relevant experience.
• Experience of development finance, development appraisals and finance business partnering.
• Strong analytical and problem-solving abilities.
• Advanced Excel and systems skills.
• Excellent communication skills, including report writing and presenting financial information to stakeholders.
• Understanding of social housing finance and the wider challenges facing the sector.
• Ability to influence decisions through robust analysis and constructive challenge.
• Fully qualified accountant (ACA, ACCA, CIMA or equivalent).
• Experience of development forecasting systems such as Pamwin.
• Experience of finance systems such as Microsoft Dynamics F&O.
• Previous line management experience.

If you're passionate about development finance, strategic decision-making and creating positive social impact, we'd love to hear from you.

Job Description - Development Finance Manager

Appointment to this role will be subject to a satisfactory Disclosure and Barring Service Check (if applicable), satisfactory references and possession of a valid Right to Work document.

This role may require specific qualifications, skills, knowledge, and behaviours to meet the Competence and Conduct Standard for Social Housing. If not already qualified, there may be an expectation to study towards a professional qualification.

Discover Stonewater:

Stonewater is one of the UK’s largest social housing providers, driven by our purpose that everyone has a place to call home. With around 40,000 homes, we proudly serve more than 93,000 customers, providing safe, affordable homes and the services and support that help people and communities thrive.

Our mission is to make a difference to our customers and communities through quality homes and great services that reflect our social ethos. Guided by our vision to be the most trusted, inspiring and sustainable provider of affordable homes, we offer homes for rent, shared ownership and purchase, alongside specialist housing and support services, including retirement living, supported housing, domestic abuse refuges, LGBTQ+ safe spaces and young people's foyers.

Everything we do is centred on our customers. We build trusted relationships, create lasting social value and invest in homes, services and communities that enable people to live independently, realise their potential and thrive. Through innovation, collaboration and a long-term commitment to sustainability, we are helping shape stronger communities for the future.

We are a Disability Confident Employer and working towards accreditation for becoming a Disability Confident Leader, which allows us to record and report on disability, mental health and wellbeing in the workplace to better support our colleagues. We have also achieved accreditation for being an Advanced Employer for Investing in Ethnicity Maturity Matrix.

Are you ready to #DiscoverStonewater?

Stonewater reserve the right to bring the closing date forward should enough quality applications be received.