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- Tasks: Manage financial reporting for commercial properties and collaborate with various teams.
- Company: Dynamic real estate company with a growing portfolio across the UK and Europe.
- Benefits: Competitive salary, bonus, 33 days holiday, and hybrid working.
- Why this job: Join a leading firm and make an impact in commercial real estate finance.
- Qualifications: Part-qualified or fully qualified accountant with commercial property experience.
- Other info: Opportunity to work in a supportive environment with career growth potential.
The predicted salary is between 50000 - 55000 £ per year.
Location: Central London
Salary: Circa £50,000 - £55,000 PA + Bonus
Type: Permanent, Hybrid
Proof of Right to Work is required for this position and our client is unable to support any Visa sponsorship for this position. Please only apply if you have Property Finance and Accounting experience with Commercial property exposure.
We are seeking an experienced Senior Property Accountant to join a dynamic and growing real estate company with an expanding portfolio of commercial properties across the UK and Europe. The business is part of a publicly listed European real estate group with a focus on opportunities in prime city locations.
About the Role:
Reporting to the Financial Controller, you will play a key role in managing the accounting and financial reporting for a portfolio of commercial properties. You will work closely with the operations team, managing agents, and senior leadership, providing accurate, timely, and insightful financial information to support business growth.
Key Responsibilities:
- Prepare and review management accounts for multiple properties and portfolios.
- Liaise regularly with managing agents, asset managers, and property teams to ensure accuracy and integrity of financial records.
- Review service charge reports, invoices, and purchase orders.
- Post and correct journal entries including accruals, prepayments, depreciation, and capitalization.
- Analyze capex and provide reporting insights.
- Prepare VAT and CIS tax returns within statutory timelines.
- Support the acquisition and disposal of assets, ensuring correct accounting treatment.
- Assist with onboarding new properties or companies.
- Perform quarterly balance sheet and P&L reconciliations.
- Support the preparation of quarterly management accounts in line with IFRS and FRS 102.
- Assist in preparing annual statutory accounts and liaising with auditors.
- Provide cover for other finance team members as required.
About You:
- Part-qualified or fully qualified accountant (ACA/ACCA/CIMA) with strong financial accounting experience.
- Previous experience in commercial real estate, preferably hotels, is highly desirable.
- Familiarity with real estate ERP systems such as Yardi, MRI, or CUBE.
- Strong organisational skills with the ability to prioritize a diverse workload under pressure.
- Excellent analytical skills and attention to detail.
- Clear communicator, both written and verbal, with the ability to work autonomously and collaboratively.
- Proactive, solution-oriented, and able to work effectively with finance and operational teams to improve processes.
Benefits:
33 days holiday (this total includes UK)
Property Accountant in London employer: Deverell Smith
Contact Detail:
Deverell Smith Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Property Accountant in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the property finance world. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its portfolio. Understand their values and recent projects. This will help you tailor your answers and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice your financial reporting skills! Brush up on key concepts related to management accounts and VAT returns. Being able to discuss these confidently during an interview can really set you apart from other candidates.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you a better chance of landing that dream role. Plus, we’re here to support you every step of the way!
We think you need these skills to ace Property Accountant in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Property Accountant role. Highlight your experience in property finance and accounting, especially with commercial properties. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team. Mention specific experiences that relate to the key responsibilities listed in the job description. We love a good story!
Show Off Your Skills: Don’t forget to showcase your analytical skills and attention to detail in your application. If you’ve worked with ERP systems like Yardi or MRI, let us know! We’re keen on candidates who can hit the ground running.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. We can’t wait to hear from you!
How to prepare for a job interview at Deverell Smith
✨Know Your Numbers
As a Property Accountant, you'll need to be on top of your financial game. Brush up on key financial metrics and accounting principles relevant to commercial real estate. Be ready to discuss how you've applied these in previous roles, especially when it comes to preparing management accounts or handling VAT returns.
✨Showcase Your Software Skills
Familiarity with ERP systems like Yardi, MRI, or CUBE is a big plus. If you've used any of these tools, make sure to highlight your experience. Prepare to discuss specific examples of how you've leveraged technology to improve financial reporting or streamline processes.
✨Communicate Clearly
Strong communication skills are essential for this role. Practice articulating complex financial information in a clear and concise manner. Think about how you can demonstrate your ability to liaise effectively with managing agents and property teams during the interview.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities. Prepare for scenarios where you might need to analyse capex or handle discrepancies in financial records. Think through your past experiences and be ready to share how you approached similar challenges.
