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- Tasks: Lead annual reporting and financial statement prep for alternative real estate funds.
- Company: Join Royal London Asset Management, a top UK fund management company focused on responsible investment.
- Benefits: Enjoy 28 days annual leave, up to 14% pension matching, and private medical insurance.
- Why this job: Be part of a growing team, interact with senior leaders, and support impactful projects.
- Qualifications: Strong real estate fund accounting experience and knowledge of various property structures required.
- Other info: Hybrid working model with a commitment to inclusion and diversity.
The predicted salary is between 43200 - 72000 £ per year.
Job Title: Alternative Real Estate Accountant
Contract Type: Permanent
Location: London
Working style: Hybrid 50% home/office based
Closing date: 18th December 2024
We have a brand-new opportunity for an Alternate Real Estate Accountant to join us at Royal London Asset Management on a permanent basis.
Due to our expansion in alternative real estate, plus further plans for 2025, we’re seeking an experienced individual to lead on annual reporting and financial statement preparation. This role will give you the opportunity to interact with various stakeholders of the business, including our senior leadership team, requiring strong communication skills and confidence.
Additionally, you’ll play a key part in supporting various project work contributing to the broader success of the department and business.
About the role
- Provide oversight of outsourced fund accounting activities in relation to alternative real estate funds (e.g. Healthcare, Residential, Natural Capital) at the third party administrators, including annual due diligence review.
- Review and sign off quarterly management and financial accounts for alternative real estate funds.
- Monitor all major transactions by the Property Manager and Asset Manager.
- Responsible for fund audits, reports, and accounts including attendance at board meetings.
- Support the setup and development of the alternative real estate business through new investment structures like JPUTs, Limited Partnerships, Private REITs, SPVs, and future JVs.
- Act as the key senior point of contact for operational fund accounting issues raised by Royal London or other clients in relation to alternative property investment structures/vehicles.
About you
- Strong real estate fund accounting experience gained either at an asset manager or in a real estate environment.
- Financial reporting experience.
- Experience in accounting for various property structures such as joint ventures, REITs, and limited partnerships is essential.
- Systems knowledge such as Yardi, advanced in Excel and Word.
- UK GAAP and IFRS experience.
- Ability to build strong relationships with internal and external stakeholders.
- Experience in overseeing third parties.
- Strong technical skills in regulated funds.
- Strong communication skills, both oral and written.
About Royal London Asset Management
Royal London Asset Management (RLAM), part of the Royal London Group, is one of the UK’s leading fund management companies working with a wide range of clients across the globe to achieve their investment goals. Our long-term, client-driven focus means that we have a long-standing commitment to responsible investment. We act as responsible stewards of our clients’ capital, exercising their rights and influencing positive change.
Our People Promise to our colleagues is that we will all work somewhere inclusive, responsible, enjoyable, and fulfilling. This is underpinned by our Spirit of Royal London values: Empowered, Trustworthy, Collaborate, Achieve.
We’ve always been proud to reward employees by offering great workplace benefits such as 28 days annual leave in addition to bank holidays, an up to 14% employer matching pension scheme, and private medical insurance. You can see all our benefits here – Our Benefits
Inclusion, diversity and belonging
We’re an Inclusive employer. We celebrate and value different backgrounds and cultures across Royal London. Our diverse people and perspectives give us a range of skills which are recognised and respected – whatever their background. #J-18808-Ljbffr
Alternative Real Estate Accountant employer: Royal London Mutual Insurance Society
Contact Detail:
Royal London Mutual Insurance Society Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Alternative Real Estate Accountant
✨Tip Number 1
Familiarize yourself with the specific alternative real estate sectors mentioned in the job description, such as Healthcare and Residential. Understanding these areas will help you engage more effectively during interviews and demonstrate your knowledge of the industry.
✨Tip Number 2
Network with professionals in the real estate fund accounting space, especially those who have experience with joint ventures and REITs. Building relationships can provide you with insights and potentially lead to referrals for the position.
✨Tip Number 3
Prepare to discuss your experience with financial reporting and oversight of third-party administrators. Be ready to share specific examples of how you've successfully managed these responsibilities in previous roles.
✨Tip Number 4
Highlight your technical skills, particularly with systems like Yardi and your proficiency in Excel. Being able to demonstrate your technical capabilities will set you apart from other candidates.
We think you need these skills to ace Alternative Real Estate Accountant
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Alternative Real Estate Accountant position. Make sure you understand the key responsibilities and required skills, as this will help you tailor your application.
Highlight Relevant Experience: In your CV and cover letter, emphasize your strong real estate fund accounting experience, particularly in relation to alternative property structures like joint ventures and REITs. Use specific examples to demonstrate your expertise.
Showcase Communication Skills: Since the role requires strong communication skills, make sure to highlight any relevant experiences where you've successfully interacted with stakeholders or led discussions. This could be in your cover letter or during the interview.
Tailor Your Application: Customize your CV and cover letter to reflect the values and culture of Royal London Asset Management. Mention how your personal values align with their Spirit of Royal London values: Empowered, Trustworthy, Collaborate, Achieve.
How to prepare for a job interview at Royal London Mutual Insurance Society
✨Showcase Your Real Estate Fund Accounting Experience
Be prepared to discuss your previous roles in real estate fund accounting, especially any experience with joint ventures, REITs, and limited partnerships. Highlight specific projects or challenges you've faced and how you overcame them.
✨Demonstrate Strong Communication Skills
Since this role involves interacting with various stakeholders, practice articulating your thoughts clearly and confidently. Prepare examples of how you've successfully communicated complex financial information to non-financial stakeholders.
✨Familiarize Yourself with Relevant Systems
Brush up on your knowledge of systems like Yardi and ensure you're comfortable discussing your proficiency in Excel and Word. Be ready to explain how you've used these tools in your previous roles to enhance efficiency.
✨Understand the Company's Values and Culture
Research Royal London Asset Management's values and their commitment to responsible investment. Be ready to discuss how your personal values align with theirs and how you can contribute to an inclusive and collaborative work environment.
