Property Accountant

Property Accountant

London Full-Time 43000 - 58000 £ / year (est.) No home office possible
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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.

Property Accountant Location: Central London Job Type: Permanent Full-time Salary: £55,000 – £58,000 per annum We are seeking a dedicated recently qualified Accountant to join our clients finance team as a Property Accountant on a permanent basis. This role is ideal for someone who is newly qualified and has a background in property development and investment either in industry or from practice. Our client is a well established property investment and management business based in London and this role will be working within a collaborative and supportive team. The successful candidate will oversee daily financial operations and contribute to both routine and complex accounting activities, ensuring accuracy and compliance in all transactions. Day-to-day of the role: Assist in the preparation of monthly and quarterly management and board reports and accounts, including control account reconciliations and investigating differences. Assist in the preparation of year-end accounts, including providing necessary information. Oversee the daily processing of rent and service charge receipts, including backup processes when necessary. Manage the operational work of the Finance support team. Conduct bank reconciliations and investigate and clear reconciling items. Complete and submit VAT calculations and returns. Coordinate and reconcile Farm Accounts with information from Farm Agents. Manage Service Charge accounts and annual reporting in collaboration with Property Managers. Perform inter-company reconciliations and reporting. Review and reconcile Managing Agent accounts with respect to Service Charges, ensuring accurate reporting and VAT accounting. Liaise with operational staff to provide necessary financial information (e.g., credit control). Handle ad hoc matters as required by senior management. Required Skills & Qualifications: Newly qualified accountant – ACA, ACCA, CIMA or equivalent Experience in property development and investment is preferred. At least 3 years of financial and management accounting experience. Competence in managing multiple stakeholders and tasks. Experience with Qube is highly desirable; proficiency in Excel is required. Key personal attributes include being highly organised, an excellent communicator, proactive with a positive can-do attitude, attentive to detail, and operating with integrity, honesty, and trustworthiness. Benefits: Competitive salary package. Opportunities for professional growth and development. Dynamic and supportive work environment. To apply for the Property Accountant position, please submit your CV and a cover letter detailing your relevant experience and why you are interested in this role.

Property Accountant employer: Reed

Join a leading property industry firm in Central London as a Property Accountant, where you will thrive in a dynamic and collaborative team environment. Enjoy the benefits of hybrid working, opportunities for career progression, and a culture that values learning and service excellence, making it an ideal place for both newly qualified and experienced accountants to grow their careers.
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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

ACA/ACCA/CIMA qualification
Experience in property accounting
Proficient in accounting software systems
Intermediate Excel skills (e.g., VLOOKUP, pivot tables, SUMIF formula)
Strong accounting skills
Experience with VAT and CIS
Knowledge of FRS102 and IFRS
Attention to Detail
Effective communication skills
Teamwork and collaboration
Ability to prioritise tasks and meet deadlines
Ownership and accountability
Knowledge of Yardi or Sage
Experience in the Real Estate sector

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.

Property Accountant
Reed
Location: London
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  • Property Accountant

    London
    Full-Time
    43000 - 58000 £ / year (est.)
  • R

    Reed

    1000+
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