- Highly successful and growing Property Business
- Excellent Progression opportunities to a more senior role as the company grows.
About Our Client
Our client is a Successful and Growing Property & Real Estate business that manages portfolio's of property companies.
Job Description
As the Finance Manager / Financial Controller based in Richmond your key responsibilities will include:
Client Accounting & Portfolio Management
- Lead the accounting function for three major property clients, each with multi‑million‑pound assets.
- Prepare monthly, quarterly, and annual P&L statements for each company and assets
- Conduct detailed P&L analysis, identifying variances, cost allocations, performance trends, and opportunities.
- Manage cashflow forecasting and reporting for each asset monthly.
- Ensure accurate financial set‑up when onboarding new assets or acquisitions into client portfolios.
VAT & Compliance
- Manage all VAT returns and ensure full compliance with property‑related VAT rules.
- Apply correct VAT coding, especially for complex real‑estate transactions, service charges, and tenant billing.
- Liaise with external auditors and tax advisors when required.
Service Charge Accounting
- Prepare annual Service Charge Budgets, ensuring all expenditure is correctly allocated to the right nominal codes.
- Complete Service Charge reconciliations and respond to auditor queries.
- Ensure transparency and accuracy in service charge cost recovery.
Acquisitions, Disposals & Investment Support
- Prepare completion statements for multi‑million‑pound acquisitions/disposals (e.g., £10m+).
- Allocate forward rent, deductions, apportionments, and all financial adjustments accurately.
- Support investment analysis including reviewing tenancy agreements, forecasting yields, and assessing financial performance of assets under consideration.
Team Leadership & Process Management
- Line‑manage Accounts Payable and Accounts Receivable team members (2 direct reports).
- Oversee AP/AR cycles, supplier payments, tenant receipts, and reconciliation processes.
- Maintain strong financial controls, ensuring accuracy, compliance, and integrity of records.
- Continuously improve accounting processes, reporting, and financial systems.
Systems, Reporting & Analytical Skills
- Produce high‑quality financial reporting packs for clients.
- Ensure all data is accurate within property management systems and accounting software.
- Demonstrate strong Excel skills, including formulas and data reconciliation
- Experience using the Xero system
Rent, Tenant Billing & Property Operations
Working with the Property Team on the following
- Manage billing schedules for clients and assets industrial assets.
- Ensure every tenant is billed correctly and charges and rents are collected on time.
- Oversee payment runs including property payroll and supplier payments.
- Partner with the Property Team on rent reviews, lease events, and tenancy changes.
- Monitor arrears and support credit control actions where require.
The Successful Applicant
- Extensive accounting experience either from industry or an accountancy practice
- Qualified ACCA, CIMA. ACA
- Experience in the Property Industry is desirable but not essential
- Strong Excel skills
- Xero experience desirable but not essential
- Strong cashflow management experience
- Experience with service charge reconciliation desirable but not essential
- Experience performing VAT returns
- Strong level of numeracy and mathematical ability
- Relevant qualifications for level of employment (ACCA or equivalent)
- Ability to support senior management with financial reporting and insights.
- Ability to communicate clearly and professionally, both internally and externally
- Strong attention to detail
- Ability to manage own time effectively and prioritise workload
- Willingness to learn new skills and develop knowledge
- Good oral and written skills
What's on Offer
- £60,000 - £70,000
- Hours: 9am - 5:30pm Monday to Friday
- Hybrid Working - 4 days a week in the office and 1 from home, Friday
- Holiday: 25 days holiday + bank holidays
- Private health care
- Pension contribution 3%
Finance Manager / Financial Controller in Richmond employer: Michael Page (UK)
Join a well-established, mid-sized professional services firm in Cheltenham that prioritises employee growth and development. With a supportive and collaborative work culture, you will benefit from a competitive salary, hybrid working model, and a comprehensive benefits package designed to enhance your well-being. This is an excellent opportunity for an Audit Manager to thrive in a dynamic environment while making a meaningful impact on clients' financial needs.
