Property Accountant - 6 months FTC

We’re Landsec. At Landsec, we believe great things happen when we work together. We’re 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. Property accountants are responsible for billing service charge, utility recharges, and the timely completion of service charge reconciliations. Each accountant has full ownership of several properties and will work closely with operations teams to accurately account for the property, requiring periodic visits to the assigned properties. The individual will be the first point of contact for service charge and/or managed operations related issues for properties in their responsibility.

Salary: Competitive

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 main focus of the role will be Liverpool One Shopping Centre.

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, being the first point of contact for operational finance matters.
• Assist in preparation of the annual service charge budgets, managed operations budgets (costs and income) and the service charge budget booklets.
• Reconcile the year-end service charge and produce booklets in accordance with RICS guidelines, assisting with commentary and explanations as required.
• Work closely with Property Managers to ensure the service charge apportionment is kept up to date, reflecting the most up to date tenancies, floor areas and basis of apportionment.
• Complete the month-end for properties, working with operations teams to accurately account for all costs and income, including prepayments and accruals review, cost and income analysis and reviewing performance versus budget.
• Prepare and issue variance reports to key business partners and senior management. Answer queries on month end/period-end as appropriate.
• Ensure costs are correctly apportioned between recoverable service charge and non-recoverable managed operations where appropriate.
• Understand key balance sheet accounts for each property and provide analysis in respect of the closing balances and year to date movements.
• Accounting for asset sales and acquisitions, as and when 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, in particular 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 and in moments that matter. We offer fantastic Learning and Development opportunities to help you grow and reach your potential. Below are some of our core benefits:

• Performance based annual bonus plan.
• 25 days annual leave (plus bank holidays) rising to 27 days after 2 years and the option to purchase up to 10 additional days each year.
• Enjoy an additional three-day December festive break on top of your leave and a special ‘My Day’ to take off for whatever you choose.
• Enhanced pension contributions – Landsec will contribute up to 10.5% subject to your contribution.
• Private medical insurance, Health Cash Plan, Life assurance and income protection.
• Enhanced maternity, adoption, shared parental leave policies.
• Two different share plans enabling you to share in the success you will help to build.
• Up to 4 working days to volunteer per year and 'Give As You Earn' programmes allowing you to donate to charities straight out of your pay and we top up by 20%.
• Access to employee assistance programme, digital GP, cycle to work scheme, a mindfulness app and a health app supporting fertility and menopause.

Diversity and Inclusion: At Landsec, we value diversity & inclusion. We strive to ensure all our information and services are accessible to everyone. If you would like to receive any information in a different way or would like us to do anything differently to help you apply for our roles, please get in touch with our recruitment partners.