Senior Property Accountant
Salary: £65,000 -70,000 + Excellent Benefits
Senior Property Accountant - International Real Estate - Our Client are a leading force in the global real estate industry, specialising in property development, investment, and asset management. With a diverse portfolio spanning key cities in the UK, Europe, and beyond, they manage iconic commercial spaces, office buildings, shopping centres, and residential properties. Established for many years, the company has grown through strategic acquisitions and ambitious development projects. As they begin a number of significant global projects (£100 Millions) they are now seeking an experienced, qualified Senior Property Accountant to manage their diverse international property portfolio. This Senior Property Accounting role offers full ownership of financial reporting, including management accounts, budgets, and year-end statutory accounts, with exposure to multiple jurisdictions, projects and accounting standards and in return requires considerable real estate experience.
ROLE RESPONSIBILITIES: The Senior Property Accountant will undertake the following key responsibilities:
- Reviewing quarterly full company management accounts (P&L, B/S and Cash flow), and reviewing monthly cash flows, including variance analysis and other corroborative and ancillary reports for the property portfolio as requested of and provided by Agents to agreed timetables
- Reviewing annual budgets and business plans in conjunction with asset managers.
- Being significantly involved in the accounting for oversees refurbishment / development projects.
- Quarterly board paper preparation for property portfolio with variance analysis.
- Assisting with board book preparation and collation.
- Reviewing year-end statutory accounts prepared under IFRS, and local GAAP as provided by Agents - preparing year-end statutory accounts prepared under IFRS will also be required
- Liaising with external auditors and managing year-end audit for portfolio to agreed timetables.
- Liaising with Agents, other external advisors and relationship building for tax and corporate matters.
- Responsible for Corporate administration for non-UK companies, coordinating with legal and secretarial professionals.
- Managing inter-company balances.
- Managing portfolio payments requiring Head Office signatory input for processing in a precise manner, including their confirmation, recommendation and record keeping in a format specified.
- Reviewing VAT and Tax returns prepared by agents and raising challenges/amendments where necessary.
- Supporting the Asset Managers including providing a financial review of prospective tenants and lease cashflow modelling as and when received.
- Reviewing / inputting to other business internal memorandum, typically prepared by the Asset Managers, but may also require self-preparation if of a more financial nature.
- Assisting in various other projects and ad hoc duties.
THE PERSON and SKILLS REQUIREMENTS:
- Qualified Accountant (ACCA, ACA, or equivalent) with significant property/real estate sector experience.
- Strong financial and management accounting experience - with any exposure to development / refurbishment projects being a distinct advantage.
- Strong analytical, organisational, and problem-solving skills.
- Proficiency in MS Excel suite
- Experience with working with international / non-UK entities would be advantageous.
- Willingness to travel overseas (rarely) if required.
BENEFITS:
- Discretionary bonus scheme
- Excellent Non-contributory Pension
- Private healthcare/medical insurance/dental/life insurance etc.
- Gym contribution amongst other benefits
- 25 days holiday, plus bank holidays
- Season ticket / cycle to work etc.
To succeed in this role, it is essential to have strong accounting experience within the property/real estate sector. Please get in touch for a more detailed overview of the duties and expectations. This is a fantastic opportunity for a proactive Senior Property Accountant who is ready to take on greater responsibility and develop their career within a dynamic international environment.
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