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- Tasks: Prepare and review financial reports, ensuring accuracy and compliance with accounting policies.
- Company: Join Realty Income, a leading global real estate investment trust with a strong growth trajectory.
- Benefits: Competitive salary, hybrid work model, and opportunities for career advancement.
- Other info: Diversity and inclusion are at our core; we welcome applicants from all backgrounds.
- Why this job: Make a real impact in a dynamic environment while contributing to financial success.
- Qualifications: 2-3 years of accounting experience and a relevant qualification (ACA/ACCA/CA).
The predicted salary is between 45000 - 55000 ÂŁ 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.
- 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.
- Review coding instructions for vendor invoices supporting other teams/departments.
- Support acquisitions onboarding.
- 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.
This role is subject to enhanced compliance and disclosure requirements consistent with those of a financial services organization.
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 in London employer: Realtyome Limited
Contact Detail:
Realtyome Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Accountant, UK in London
✨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 a lead on that Financial Accountant role at Realty Income!
✨Tip Number 2
Prepare for interviews by brushing up on your financial reporting skills. Be ready to discuss your experience with month-end close procedures and how you’ve improved processes in previous roles. Show them you’re the perfect fit for their dynamic team!
✨Tip Number 3
Don’t forget to research Realty Income! Understand their mission and values, especially their commitment to dependable dividends and community impact. This knowledge will help you stand out during interviews and show you’re genuinely interested in the company.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re proactive and serious about joining the Realty Income team. Let’s get you that Financial Accountant position!
We think you need these skills to ace Financial Accountant, UK in London
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 qualifications like ACA or ACCA. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our mission at Realty Income. Keep it concise but impactful – we love a good story!
Showcase Your Financial Acumen: In your application, don’t forget to showcase your financial knowledge and experience with financial statements. We’re keen on candidates who understand general accounting standards and can demonstrate their analytical skills.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly from us. Plus, it’s super easy!
How to prepare for a job interview at Realtyome Limited
✨Know Your Numbers
As a Financial Accountant, you'll need to demonstrate your financial acumen. Brush up on key financial statements and be ready to discuss how you've handled month-end close procedures in the past. Be specific about your experience with journal entries and reconciliations.
✨Showcase Your Improvement Mindset
The role requires a continuous improvement mindset. Prepare examples of how you've increased efficiency in previous roles. Think about processes you've streamlined or challenges you've overcome, and be ready to share these during the interview.
✨Familiarise Yourself with REITs
While REIT experience is desirable but not essential, having a basic understanding of how Real Estate Investment Trusts operate will set you apart. Research Realty Income's portfolio and recent acquisitions to show your genuine interest in the company.
✨Communicate Clearly
Strong verbal and written communication skills are crucial for this role. Practice explaining complex financial concepts in simple terms. During the interview, ensure you articulate your thoughts clearly and confidently, especially when discussing your past experiences.