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For Companies At a Glance
- Tasks: Manage financial matters for properties and produce month-end management accounts.
- Company: Join British Land, a leading property company with a supportive team.
- Benefits: Hybrid work model, training opportunities, and career progression.
- Why this job: Kickstart your career in property accounting and make a real impact.
- Qualifications: Experience in accounts payable/receivable and strong IT skills required.
- Other info: Collaborative environment with opportunities to work across various teams.
The predicted salary is between 36000 - 60000 £ per year.
We are looking for a motivated and numerate individual looking to progress their career in property accounting to join British Land’s property accounting team of about 22 people. As a junior, you will receive training, support and guidance that will enable you to take responsibility for a number of properties in the portfolio involving offices, retail and logistics, giving assistance to the team and reporting to the team financial controller. Working effectively with various stakeholders across the business, including the site team, surveyors and wider finance team, is key to the role.
What You’ll Do
- Manage all financial matters affecting the properties
- Produce month-end management accounts, including VAT, bank, cash and control account reconciliations
- Understand all balances monthly, specifically rent, service charge and direct recovery funds
- Cashflow management for each property to ensure suppliers can be paid
- Raise income demands in accordance with internal timetables
- Actively seek improvements to the procedures within the department
- Resolve issues or escalations on a timely basis
- Provide ad-hoc reports and help set up new sites as required
- Work with the property accounting team and wider finance team to achieve departmental targets and deadlines
Supporting the Surveying and Site Teams
- Produce the year-end accounts and manage the independent accountant review process to ensure service charge packs are issued on time
- Support the site teams and surveyors providing financial guidance including quarterly service charge reviews, mid-year forecasts and ad-hoc queries
- Assist with the production of the annual service charge budgets in accordance with RICS guidelines
About You
- Accounts payable or receivables experience in the property sector
- Ability to communicate confidently with accountants and non-accountants
- Comfortable taking on responsibility while working collaboratively
- Quick learner with strong problem-solving skills
- Excellent IT skills – Excel and Word and ideally Qube or similar
Property Accountant employer: British Land
Contact Detail:
British Land Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Property Accountant
✨Tip Number 1
Network like a pro! Reach out to people in the property accounting field on LinkedIn or at industry events. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of property accounting. Familiarise yourself with common financial terms and practices, especially those mentioned in the job description. This will show you're serious about the role and ready to hit the ground running.
✨Tip Number 3
Don’t just apply and forget! Follow up on your applications after a week or so. A quick email expressing your continued interest can keep you on their radar and shows your enthusiasm for the position.
✨Tip Number 4
Use our website to apply directly! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re proactive and keen to join the team at British Land.
We think you need these skills to ace Property Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Property Accountant role. Highlight your relevant experience in accounts payable or receivables, and don’t forget to showcase your IT skills, especially with Excel and any property accounting software you’ve used.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about property accounting and how your skills align with what we’re looking for. Be sure to mention your ability to communicate effectively with both accountants and non-accountants.
Showcase Your Problem-Solving Skills: In your application, give examples of how you've tackled challenges in previous roles. We love quick learners who can think on their feet, so share any experiences that demonstrate your strong problem-solving abilities.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining our team!
How to prepare for a job interview at British Land
✨Know Your Numbers
As a Property Accountant, you'll be dealing with financial matters daily. Brush up on your accounting principles and be ready to discuss how you manage month-end accounts, reconciliations, and cash flow management. Being able to talk confidently about these topics will show your potential employer that you're prepared for the role.
✨Understand the Property Sector
Familiarise yourself with the property sector, especially in relation to service charges and RICS guidelines. Research British Land and their portfolio to understand their operations better. This knowledge will help you answer questions more effectively and demonstrate your genuine interest in the company.
✨Showcase Your Communication Skills
Since the role involves working with various stakeholders, practice articulating your thoughts clearly. Prepare examples of how you've successfully communicated complex financial information to non-accountants in the past. This will highlight your ability to collaborate effectively within a team.
✨Be Ready to Problem-Solve
Expect questions that assess your problem-solving skills. Think of scenarios where you've resolved issues or improved processes in previous roles. Sharing specific examples will illustrate your proactive approach and readiness to tackle challenges in the property accounting field.
