Financial Accountant, UK

Financial Accountant, UK

Full-Time 45000 - 55000 £ / year (est.) No home office possible
Realty Income

At a Glance

  • Tasks: Prepare and review monthly financial reports while collaborating with teams.
  • Company: Join Realty Income, a leading S&P 500 real estate investment trust.
  • Benefits: Competitive salary, career growth, and a dynamic work environment.
  • Why this job: Make a real impact in a rapidly expanding company with a strong mission.
  • Qualifications: 2-3 years of accounting experience and a relevant qualification required.
  • Other info: Diversity and inclusion are at the heart of our values.

The predicted salary is between 45000 - 55000 £ per year.

About Realty Income

Realty Income (NYSE: O), an S&P 500 company, is a real estate partner to the world's leading companies. Founded in 1969, we invest in diversified commercial real estate and have a portfolio of 15,600 properties in all 50 U.S. states, the UK and six other countries in Europe, with a gross book value of $58bn. We are known as "The Monthly Dividend Company®" and have a mission to deliver stockholders dependable monthly dividends that grow over time. Since our founding, we have declared 656 consecutive monthly dividends and are a member of the S&P 500 Dividend Aristocrats® index, having increased our dividend for the last 30 consecutive years.

You will be joining one of the largest Real Estate Investment Trusts in the world as we rapidly expand into the UK and European markets, including moving into new offices at 3 St. James's Square. The European portfolio, including the UK, has experienced consistent growth quarter-on-quarter since our first international acquisition, a £429m 12-property portfolio from Sainsbury's in 2019. In just five years the portfolio now includes investments of over $11bn, and 483 distinct properties. The depth and scope of the role will enable you to make an impact on the development of the accounting function, taking on additional responsibilities and challenges; with dynamic opportunities for career growth as the company expands.

Position Overview

The Financial Accountant is responsible for the preparation and review of the monthly financial reports and analyses in accordance with company accounting policies. The job involves preparation journal entries, balance sheet account reconciliations, analyses and comments. The ideal candidate has a continuous improvement mindset and will aim to increase the efficiency of the processes. The Financial Accountant liaises with third-party property managers and internal teams to ensure adherence to company policies and accurate and timely execution of the operating procedures.

Key Responsibilities

  • Financial Reporting and Analysis: Timely perform month-end close procedures for assigned balance sheet and income statement reconciliations in accordance with the company accounting policies. Review assigned month-end close work papers and journal entries. Provide supporting documents for audit; work with internal/external auditors to comply with local audit requirements including participation in internal control walkthroughs.
  • General Ledger: Analyze and interpret GL data to ensure proper revenue and expense recognition. Record property acquisitions, review transaction information. Prepare/review monthly bank reconciliations. Obtain, manipulate, and incorporate data from third parties into account reconciliations journal entries. Prepare payment calculations, distributions, and reporting packages for JV partners. Analyze and interpret GL data to ensure proper recognition of equity and loan advances.
  • Financial Operations Accounting: Review coding instructions for vendor invoices supporting other teams/departments. Support acquisitions onboarding.
  • Other Responsibilities: Support/back up other accounting functions as needed. Consistently review current processes for improvement. Performs other special projects as assigned.

Candidate Requirements

Knowledge, Skills, and Abilities

  • Must have for the role: 2-3 years suitable post qualified accounting experience within commercial real estate. Fully qualified accountant (ACA / ACCA / CA or equivalent). Strong financial acumen and knowledge of financial statements, and a thorough understanding of general accounting standards. Must be organized, detailed, flexible, efficient, and take ownership of own work product. Ability to work in a fast-paced environment and meet strict month and quarterly reporting deadlines. Strong verbal and written communication skills. Excellent PC skills, including Outlook, Word, Excel, and PowerPoint.
  • Desirable but not essential: REIT experience. Yardi general ledger software experience. Top 4 qualified.

Our Mission & Values

For more than 50 years, Realty Income has been guided by our mission to invest in people and places to deliver dependable monthly dividends that increase over time. We do this by nurturing long-term, meaningful relationships that enable people to achieve a better financial outlook. We understand that when individuals succeed financially, they are able to provide for their families, support local businesses and pursue their greatest ambitions, creating a lasting positive impact on communities. Realty Income is committed to diversity and inclusion and welcomes all applicants regardless of age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex, sexual orientation or educational background.

Financial Accountant, UK employer: Realty Income

Realty Income is an exceptional employer, offering a dynamic work environment in the heart of London at 3 St. James's Square. With a strong commitment to employee growth and development, we provide opportunities for career advancement within one of the largest Real Estate Investment Trusts globally. Our inclusive culture fosters collaboration and innovation, ensuring that every team member can contribute meaningfully while enjoying the benefits of competitive compensation and a focus on work-life balance.
Realty Income

Contact Detail:

Realty Income Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Financial Accountant, UK

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance and real estate sectors. 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 Realty Income thoroughly. Understand their mission, values, and recent developments. This will not only help you answer questions but also show your genuine interest in the company.

✨Tip Number 3

Practice your financial reporting skills! Brush up on your knowledge of financial statements and accounting standards. Being able to discuss these confidently will set you apart during interviews.

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining the team at Realty Income. Don’t miss out on this opportunity!

We think you need these skills to ace Financial Accountant, UK

Financial Reporting
General Ledger Management
Journal Entry Preparation
Balance Sheet Reconciliation
Financial Analysis
Audit Compliance
Vendor Invoice Coding
Data Manipulation
Communication Skills
Attention to Detail
Organisational Skills
Proficiency in Excel
Knowledge of Financial Statements
Commercial Real Estate Accounting

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Financial Accountant role. Highlight your relevant experience in commercial real estate and any specific skills that match the job description. We want to see how you can bring value to our team!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with our mission at Realty Income. Keep it concise but impactful – we love a good story!

Showcase Your Skills: Don’t forget to showcase your financial acumen and proficiency with tools like Excel. Mention any experience with Yardi or similar software if you have it. We’re looking for someone who can hit the ground running!

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 at Realty Income!

How to prepare for a job interview at Realty Income

✨Know Your Numbers

As a Financial Accountant, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how you've used them in past roles. This shows you understand the importance of accurate reporting and analysis.

✨Showcase Your Process Improvement Mindset

The role requires a continuous improvement mindset. Prepare examples of how you've streamlined processes or improved efficiency in previous positions. This will highlight your proactive approach and fit with the company's values.

✨Familiarise Yourself with REITs

Since Realty Income is a Real Estate Investment Trust, having a solid understanding of how REITs operate can set you apart. Research their structure, benefits, and challenges, and be prepared to discuss how this knowledge can benefit your role.

✨Communicate Clearly

Strong verbal and written communication skills are essential. Practice explaining complex financial concepts in simple terms, as you may need to liaise with non-financial stakeholders. Clear communication can make a big difference in your effectiveness.

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