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- Tasks: Manage property accounts, budgets, and service charges while collaborating with operations teams.
- Company: Join Landsec, a leader in creating lasting value through collaboration and high standards.
- Benefits: Enjoy flexible working, 25 days leave, private medical insurance, and a performance bonus.
- Why this job: Be part of a dynamic team, gain valuable experience, and contribute to community success.
- Qualifications: Qualified or part-qualified accountant with knowledge of RICS guidelines and business partnering.
- Other info: This is a 6-month fixed-term contract with opportunities for personal growth.
The predicted salary is between 36000 - 60000 £ per year.
At Landsec, we believe great things happen when we work together. We are committed to high standards and creating outcomes where everyone wins. Our culture is shaped by our purpose and our people, led by high performing leaders in high performing teams.
The Role: Property Accountants are responsible for accounting for service charges, managed operations (e.g. car parks), property related costs and non-rental income. They assist in the preparation of annual budgets and monthly P&L reporting. Responsibilities include:
- Billing service charge and utility recharges.
- Timely completion of service charge reconciliations.
- Full ownership of several properties.
- Working closely with operations teams to accurately account for the property, requiring periodic visits to assigned properties.
- First point of contact for service charge and/or managed operations related issues.
The Location: The role is based at London, Victoria. Flexible working is supported, with an expected pattern of 3 days in the office. The role will require travel to Liverpool approximately twice monthly.
The Team: You will be reporting to the Head of Property Finance and be a part of a team of 13.
What you will be responsible for:
- Business partner the operations teams for relevant properties.
- Assist in preparation of the annual service charge budgets and managed operations budgets.
- Reconcile the year-end service charge and produce booklets in accordance with RICS guidelines.
- Ensure the service charge apportionment is kept up to date.
- Complete the month-end for properties, including prepayments and accruals review.
- Prepare and issue variance reports to key business partners and senior management.
- Ensure costs are correctly apportioned between recoverable service charge and non-recoverable managed operations.
- Understand key balance sheet accounts for each property.
- Accounting for asset sales and acquisitions as required.
- Involvement in other property accounting work and projects as appropriate.
Your skills, experience and qualifications:
- Knowledge of RICS Professional Statement for Service Charges.
- Experience of business partnering.
- Understanding of managed operations, particularly car parks.
- Qualified or part-qualified accountant.
This is a FTC role for 6 months.
Life and Benefits at Landsec: We have a great benefits package to support your work-life balance. Core benefits include:
- Performance based annual bonus plan.
- 25 days annual leave (plus bank holidays) rising to 27 days after 2 years.
- Enhanced pension contributions.
- Private medical insurance, Health Cash Plan, Life assurance and income protection.
- Enhanced maternity, adoption, shared parental leave policies.
- Two different share plans.
- Up to 4 working days to volunteer per year.
Diversity and Inclusion: At Landsec, we value diversity & inclusion. We strive to ensure all our information and services are accessible to everyone.
Property Accountant - 6 months FTC employer: Land Securities Group PLC
Contact Detail:
Land Securities Group PLC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Property Accountant - 6 months FTC
✨Tip Number 1
Familiarise yourself with the RICS Professional Statement for Service Charges. Understanding these guidelines will not only help you in your role but also demonstrate your commitment to industry standards during interviews.
✨Tip Number 2
Network with professionals in property finance and accounting. Attend industry events or join relevant online forums to connect with others in the field, which can provide insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss your experience with business partnering. Be ready to share specific examples of how you've collaborated with operations teams to achieve financial goals, as this is a key aspect of the Property Accountant role.
✨Tip Number 4
Research Landsec's values and recent projects, especially those related to Liverpool One Shopping Centre. Showing that you understand their mission and current initiatives can set you apart from other candidates.
We think you need these skills to ace Property Accountant - 6 months FTC
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to grasp the responsibilities and requirements of the Property Accountant position. Highlight your relevant experience in accounting for service charges and managed operations.
Tailor Your CV: Customise your CV to reflect the skills and experiences that align with the job. Emphasise your knowledge of RICS Professional Statement for Service Charges and any business partnering experience you have.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific examples of how your background makes you a great fit for the Property Accountant position at Landsec.
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 Land Securities Group PLC
✨Understand RICS Guidelines
Familiarise yourself with the RICS Professional Statement for Service Charges. Being able to discuss how these guidelines apply to service charge reconciliations will demonstrate your expertise and readiness for the role.
✨Showcase Business Partnering Skills
Prepare examples of how you've successfully collaborated with operations teams in previous roles. Highlight your ability to communicate financial information clearly and effectively, as this is crucial for the Property Accountant position.
✨Be Ready for Technical Questions
Expect questions related to accounting principles, particularly around service charges and managed operations. Brush up on your knowledge of prepayments, accruals, and variance reporting to confidently answer any technical queries.
✨Demonstrate Flexibility and Travel Readiness
Since the role requires travel to Liverpool, express your willingness and ability to travel as needed. This shows your commitment to the responsibilities of the position and your adaptability to the company's needs.
