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- Tasks: Manage financial reporting and support property acquisitions in a dynamic retail environment.
- Company: Join a successful retail business in Derbyshire, known for its innovative approach.
- Benefits: Enjoy a full-time role with opportunities for professional development and leadership.
- Why this job: Shape the future of retail property strategy while working closely with diverse teams.
- Qualifications: Must be CIMA, ACCA, ACA qualified or equivalent with strong property accounting experience.
- Other info: Onsite work in Derbyshire; relocators are welcome to apply.
The predicted salary is between 36000 - 60000 £ per year.
Macgregor Black are pleased to be recruiting a Property Accountant to join a highly successful retail business in Derbyshire. This role is a unique opportunity to combine your technical property accounting expertise with commercial insight. You’ll play a key part in supporting acquisitions, managing the integration of new freehold properties, and maintaining the financial health of our existing portfolio. You’ll also shape the future of our retail property strategy.
Key Responsibilities:
- Manage the financial reporting for the property portfolio, including lease accounting, rent, service charges, and capital expenditure.
- Support the acquisition, purchase, and integration of new freehold properties into the portfolio, either by share or asset purchase.
- Maintain accurate financial records for all property-related entities, ensuring compliance with IFRS and UK accounting standards.
- Review and investigate variances between actual and budgeted/forecasted results, providing actionable insights to senior stakeholders.
- Reconcile all relevant balance sheet accounts for property-related entities.
- Manage and develop one direct report, fostering a culture of continuous improvement and best practice.
- Assess performance, set objectives, and support their professional development.
- Act as a key finance business partner to multiple departments, including Property, Legal, and Commercial Analytics, as well as external managing agents.
- Provide commercial recommendations to senior stakeholders, leveraging financial insights to support decision-making.
- Present monthly finance reports to the line manager and senior finance leadership, summarising key findings and performance metrics.
- Lead the preparation of budgets and forecasts for property-related cost lines and income streams.
- Produce and review monthly management accounts, ensuring accuracy and timeliness.
- Build detailed financial models to support acquisitions and long-term planning.
- Support group and statutory audits for relevant property entities.
- Ensure compliance with VAT regulations related to property transactions and service charges.
What We’re Looking For:
- Fully qualified or part-qualified accountant (ACCA, CIMA, ACA, or equivalent).
- Strong experience in property accounting, with knowledge of lease accounting, IFRS 16, and UK GAAP.
- Proven track record of working in a fast-paced environment with the ability to handle multiple demands.
- Leadership or managerial experience, including developing team members.
- Excellent IT skills, particularly advanced proficiency in MS Excel.
- Strong analytical and problem-solving skills, with the ability to present complex financial information to non-finance stakeholders.
- Experience in a similar role within the retail or property sector.
- Knowledge of VAT regulations and service charge reconciliations.
- Familiarity with property management systems such as MRI, Yardi, or equivalent.
Property Accountant employer: MacGregor Black
Contact Detail:
MacGregor Black Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Property Accountant
✨Tip Number 1
Network with professionals in the property accounting field. Attend industry events or join relevant online forums to connect with others who may have insights into the role or the company. This can help you gain valuable information and potentially get a referral.
✨Tip Number 2
Familiarise yourself with the specific property management systems mentioned in the job description, such as MRI or Yardi. If you don’t have experience with these, consider taking an online course or tutorial to boost your knowledge and show your commitment to learning.
✨Tip Number 3
Prepare to discuss your experience with financial reporting and compliance during the interview. Be ready to provide examples of how you've managed financial records and ensured compliance with IFRS and UK accounting standards in previous roles.
✨Tip Number 4
Research the retail business landscape in Derbyshire. Understanding the local market and the company's position within it can help you tailor your responses in interviews and demonstrate your genuine interest in the role and the organisation.
We think you need these skills to ace Property Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your qualifications, such as ACCA, CIMA, or ACA, and emphasises your experience in property accounting. Include specific examples of your work with lease accounting and financial reporting.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the retail sector. Mention how your skills align with the key responsibilities listed in the job description, particularly your experience with financial reporting and compliance.
Highlight Relevant Experience: In your application, focus on your previous roles that involved managing financial records and working with property-related entities. Use metrics to demonstrate your impact, such as improvements in financial accuracy or efficiency.
Showcase Leadership Skills: If you have managerial experience, be sure to mention it. Discuss how you've developed team members and fostered a culture of continuous improvement, as this is a key aspect of the role.
How to prepare for a job interview at MacGregor Black
✨Showcase Your Qualifications
Make sure to highlight your CIMA, ACCA, or ACA qualifications during the interview. Discuss how your educational background has prepared you for the specific challenges of property accounting.
✨Demonstrate Technical Knowledge
Be prepared to discuss your experience with lease accounting, IFRS 16, and UK GAAP. Providing examples of how you've applied this knowledge in previous roles will impress the interviewers.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills, especially in a fast-paced environment. Think of specific instances where you've successfully managed multiple demands or resolved financial discrepancies.
✨Emphasise Leadership Experience
If you have managerial experience, be ready to talk about how you've developed team members and fostered a culture of continuous improvement. This is crucial as the role involves managing a direct report.
