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For Companies At a Glance
- Tasks: Prepare management accounts and conduct balance sheet reconciliations.
- Company: Join a dynamic property industry leader in Central London.
- Benefits: Enjoy hybrid working, career progression, and a supportive team environment.
- Why this job: Be part of a collaborative culture that values learning and service excellence.
- Qualifications: Must have ACA/ACCA/CIMA qualification and experience in property accounting.
- Other info: Ideal for newly qualified accountants looking to make an impact.
The predicted salary is between 43000 - 58000 £ per year.
Job Description
Property Accountant
- Annual Salary: £55,000 – £60,000 per annum
- Location: London
- Job Type: Fixed term Contract – 12 months
Our client a leading real estate firms in London are seeking a Property Accountant to join their finance department, supporting one of their key portfolios.
This role is crucial for maintaining smooth accounting functions and providing comprehensive financial support within the UK Finance Team.
The successful candidate will be instrumental in ensuring timely financial processes including month-end closings, balance sheet reconciliations, and management reporting.
This role will suit a recently qualified Accountant with 1-2 years’ experience within property/real estate related accounting.
Day-to-day of the role:
- Provide financial accounting, management reporting, and business partnering support.
- Assist the Finance Manager in reviewing/preparing timely and high-quality monthly management reporting packs and balance sheet reconciliations.
- Prepare monthly cash flow forecasts and conduct variance analysis (budget vs actuals).
- Assist with the preparation of tax reports including VAT, corporation tax, and ensure HMRC compliance.
- Prepare full-year financial reporting and statutory reporting for the group of companies.
- Support the Finance Manager in ensuring adherence to financial controls and accuracy of transaction processing.
- Contribute to the success of ongoing finance system implementations.
- Drive process improvements across the company and create a robust financial controls framework.
- Manage Property and Entity Accounts for all assets under management, including cash flow.
- Assist the Finance Team with other ad-hoc tasks and projects as required, ensuring internal control and compliance.
Required Skills & Qualifications:
- ACCA/CIMA qualified Accountant (or equivalent) with up to 2 years post-qualification experience.
- Minimum of 2 years’ relevant financial experience in the real estate industry.
- Proficient in MS Excel.
- Strong knowledge of local accounting standards and IFRS.
- Excellent communication skills, capable of effectively interacting at all levels across the company.
- Analytical, with high attention to detail and the ability to work independently in a fast-paced environment.
- Strong interpersonal skills, able to interface with colleagues internally and on a cross-border/remote basis and third parties.
Benefits:
- Competitive salary and benefits package.
- Opportunities for professional growth and development.
- Dynamic and supportive work environment.
To apply for this Property Accountant position, please submit your CV and cover letter detailing your relevant experience and qualifications.
Property Accountant employer: Reed
Contact Detail:
Reed Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Property Accountant
✨Tip Number 1
Familiarise yourself with the specific accounting software mentioned in the job description, such as Yardi or Sage. Having hands-on experience or even completing online tutorials can give you a significant edge during interviews.
✨Tip Number 2
Brush up on your knowledge of FRS102 and IFRS reporting standards. Being able to discuss these frameworks confidently will demonstrate your expertise and readiness for the role.
✨Tip Number 3
Prepare to showcase your Excel skills, particularly with functions like VLOOKUP and pivot tables. Consider creating a small project or example that highlights your proficiency, as this could be a topic of discussion in your interview.
✨Tip Number 4
Network with professionals in the property accounting field. Attend industry events or join relevant online forums to connect with others who may provide insights or even referrals for the position at StudySmarter.
We think you need these skills to ace Property Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your ACA/ACCA/CIMA qualification and relevant experience in property accounting. Emphasise your skills in preparing management accounts, VAT returns, and using accounting software.
Craft a Compelling Cover Letter: In your cover letter, explain why you are interested in the Property Accountant role specifically. Mention your proactive approach to accounting and how your experience aligns with the responsibilities outlined in the job description.
Showcase Relevant Skills: Highlight your proficiency in Excel, particularly with VLOOKUP, pivot tables, and SUMIF formulas. Also, mention any experience you have with Yardi or Sage, as well as your understanding of FRS102 and IFRS.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for an accounting role.
How to prepare for a job interview at Reed
✨Know Your Numbers
As a Property Accountant, you'll be dealing with financial reports and accounts. Brush up on your knowledge of management accounts, VAT returns, and balance sheet reconciliations. Be prepared to discuss your experience with these areas in detail.
✨Showcase Your Software Skills
Familiarity with accounting software is crucial for this role. If you have experience with Yardi or Sage, make sure to highlight it. Also, be ready to demonstrate your Excel skills, especially with functions like VLOOKUP and pivot tables.
✨Understand the Property Sector
Since this role is within the property industry, having a solid understanding of property accounting principles will set you apart. Research current trends and challenges in the sector to show your genuine interest and knowledge during the interview.
✨Communicate Effectively
Effective communication is key in this role, as you'll be liaising with clients and stakeholders. Practice articulating your thoughts clearly and confidently, and prepare examples of how you've successfully communicated complex financial information in the past.
