Investment Property Accountant

This role is responsible for developing and delivering a professional financial accounting and reporting service for various operational assets and development projects across Imperial’s White City and Old Oak real estate portfolio.

What you would be doing

You will be responsible for delivering accounting and reporting services for operational assets and development projects across Imperial’s White City and Old Oak real estate portfolio.

Key responsibilities include:

1. Operate month-end processes, including accounting journals and working with stakeholders to agree accruals and deferrals
2. Prepare monthly management accounts, dashboards, KPIs and variance analysis, flagging emerging issues for escalation
3. Prepare the annual financial accounts for Imperial’s real estate focussed subsidiary companies including Imperial College ThinkSpace Ltd, One Portal Way Ltd and Imperial College Developments Ltd
4. Support regular valuation activity across the entire portfolio
5. Maintain correct lease accounting
6. Prepare complete, evidence-based balance sheet reconciliations
7. Liaise with Finance colleagues to ensure the accuracy of the reporting on capital expenditure related to the development of new assets
8. Work with internal property managers and external agents to review income, expenditure and supporting documentation around cash reconciliations for rental income and asset expenditure
9. Collaborate with external project managers to ensure accurate reporting against project budgets
10. Review the accounting and reporting processes to identify ways of improving their efficiency, including increased automation where this is cost effective
11. Undertake ad hoc analysis as required to support the Senior Finance Business Partner in their work across Imperial’s White City and Old Oak developments

What we are looking for

1. Qualified accountant (ACA, ACCA, CIMA)
2. Post qualification experience producing statutory financial accounts in an organisation of equivalent size and complexity essential
3. Experience of management and financial accounting essential
4. Experience of delivering accounting services for operational real estate assets and development projects, in a corporate or higher education/not for profit environment desirable
5. Experience of preparing a complete set of financial accounts for an entity and managing an external audit process desirable
6. Experience of reconciliations and investigating and resolving inaccuracies and errors in financial reporting essential
7. Experience of working with operational/development teams to produce budgets and forecasts essential
8. Experience of producing regular financial management packs and presenting information to senior stakeholders essential
9. Property related accounting standards, including acquisitions and disposals, lease accounting essential
10. Effective communication and interpersonal skills, with an ability to build relationships and engage with staff outside of Finance to deliver financial support to their areas essential
11. Strong personal planning, time management and organisational skills essential
12. Resilient and able to work under pressure to meet changing business demands essential
13. Highly competent with ICT and a proven ability to learn new systems quickly essential
14. Effective analytical and problem-solving skills essential
15. Confident collaborator and team player to build relationships with colleagues from across the organisation essential

What we can offer you

1. The opportunity to join a team that is integral to the development and smooth running of Imperial’s White City real estate portfolio
2. The opportunity to continue your career at a world-leading institution and be part of our mission to continue science for humanity
3. Sector-leading salary and remuneration package (including 39 days off a year and generous pension schemes)
4. Access to a range of workplace benefits including a flexible working policy from day 1, generous family leave packages, on-site leisure facilities and a cycle-to-work scheme
5. Interest-free season ticket loan schemes for travel
6. Be part of a diverse, inclusive, and collaborative work culture with various staff networks and resources designed to support your personal and professional wellbeing

Further information

This is a full time, open ended role based at the White City Campus.

Due to the nature of this role, we will be shortlisting candidates as applications are received. We therefore reserve the right to close this vacancy as soon as a suitable candidate has been appointed. It is advisable that you submit your application as early as possible to avoid disappointment.

Please note that job descriptions are not exhaustive, and you may be asked to take on additional duties that align with the key responsibilities mentioned above.

About Imperial

Welcome to Imperial, a global top ten university where scientific imagination leads to world-changing impact.

Join us and be part of something bigger. From global health to climate change, AI to business leadership, here at Imperial we navigate some of the world’s toughest challenges. Whatever your role, your contribution will have a lasting impact.

As a member of our vibrant community of 22,000 students and 8,000 staff, you’ll collaborate with passionate minds across nine London campuses and a global network.

This is your chance to help shape the future. We hope you’ll join us at Imperial College London.

Our Culture

We work towards equality of opportunity, to eliminating discrimination, and to creating an inclusive working environment for all. We encourage applications from all backgrounds, communities and industries, and are committed to employing a team that has diverse skills, experiences and abilities.

Our values are at the root of everything we do and everyone in our community is expected to demonstrate respect, collaboration, excellence, integrity, and innovation.

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