At a Glance
- Tasks: Prepare and review financial reports while collaborating with teams for efficient processes.
- Company: Join a leading commercial real estate firm committed to diversity and inclusion.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity for career growth in a fast-paced environment.
- Why this job: Make an impact in finance while working with a supportive and innovative team.
- Qualifications: 2-3 years of accounting experience and a relevant qualification.
The predicted salary is between 45000 - 55000 £ per year.
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 of 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
- Analyse 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.
- Analyse 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.
- Perform 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 organised, 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.
This role is subject to enhanced compliance and disclosure requirements consistent with those of a financial services organization. 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 (Commercial Real Estate) employer: Realty Income
Realty Income is an exceptional employer, offering a dynamic work environment in the heart of the UK commercial real estate sector. With a strong commitment to employee growth and development, we provide ample opportunities for professional advancement while fostering a culture of collaboration and continuous improvement. Our inclusive workplace values diversity and encourages innovative thinking, making it a rewarding place for financial accountants looking to make a meaningful impact.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Accountant, UK (Commercial Real Estate)
✨Network Like a Pro
Get out there and connect with people in the commercial real estate sector. Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. We all know that sometimes it’s not just what you know, but who you know!
✨Ace the Interview
Prepare for your interviews by researching common questions for financial accountants and practising your answers. We recommend using the STAR method to structure your responses, showcasing your skills and experiences effectively. Remember, confidence is key!
✨Show Off Your Skills
When you get the chance, demonstrate your financial acumen and knowledge of accounting standards during interviews. Bring examples of how you've improved processes or handled complex reconciliations. We want to see that continuous improvement mindset in action!
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage with us directly. Let’s make this happen together!
We think you need these skills to ace Financial Accountant, UK (Commercial Real Estate)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your accounting qualifications and any relevant experience in commercial real estate to catch our eye!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the Financial Accountant role. Share specific examples of how you've improved processes or handled financial reporting in the past.
Showcase Your Attention to Detail:As a Financial Accountant, attention to detail is key. In your application, mention instances where your meticulous nature has led to successful outcomes, like accurate reconciliations or successful audits.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Realty Income
✨Know Your Numbers
Brush up on your financial reporting and analysis skills. Be ready to discuss your experience with month-end close procedures and how you've handled journal entries and reconciliations in the past. This will show that you understand the core responsibilities of the Financial Accountant role.
✨Show Your Improvement Mindset
Prepare examples of how you've contributed to process improvements in previous roles. Whether it's streamlining a reporting process or enhancing accuracy in reconciliations, demonstrating a continuous improvement mindset will resonate well with the interviewers.
✨Communicate Clearly
Since strong verbal and written communication skills are essential, practice articulating your thoughts clearly. Be prepared to explain complex financial concepts in simple terms, especially when discussing your interactions with third-party property managers or auditors.
✨Familiarise Yourself with Tools
If you have experience with Yardi or similar general ledger software, make sure to mention it. If not, do a bit of research on it beforehand. Being knowledgeable about the tools used in commercial real estate accounting can give you an edge in the interview.
