At a Glance
- Tasks: Manage financial statements and ensure transaction accuracy for property portfolios.
- Company: Join a rapidly growing Property Management & Investment firm in Central London.
- Benefits: Enjoy 33 days holiday, hybrid working, and private medical insurance.
- Why this job: Be part of a dynamic team with a focus on commercial real estate and professional growth.
- Qualifications: Ideal candidates are studying ACCA, CIMA, or ACA with a background in Commercial Real Estate.
- Other info: Dog-friendly office and discretionary bonuses make this role even more appealing.
The predicted salary is between 36000 - 60000 £ per year.
We are representing a Property Management & Investment firm based in Central London, with a focus on Pan-European value-add investments across both Residential and Commercial Real Estate. Opening their London office in 2020, they have since grown significantly and are now looking to grow their Property Accounting team. The role will report into the Financial Controller and is responsible for all aspects of financial functions relating to the assigned portfolio of properties. The ideal candidate would have a Commercial Real Estate background and be actively studying their professional exams (ACCA, CIMA, ACA).
Key Responsibilities:
- Managing financial statements of a number of portfolios.
- Reviewing and amending the transactions posted by the managing agent / asset management team as necessary.
- Liaising with managing agent / asset manager / property management accountant on a regular basis to ensure the integrity and accuracy of transactions.
- Reviewing invoices / purchase orders posted by the accounts payable team as journal entries for corrections, accruals, prepayments, depreciation.
- Analysing the capex information.
- Providing VAT returns & CIS tax returns information to the relevant team members within the timeline.
- Assisting in the buying & selling of assets / companies and following correct accounting treatment.
- Helping on-board the companies when required.
- Quarterly reconciliation of balance sheet and profit & loss accounts.
- Quarterly preparation of financial statements in line with IFRS & FRS 102.
- Assisting in the preparation of annual statutory accounts of the assigned portfolio of companies and dealing with audit queries.
- Providing cover for other team members as and when required.
Benefits:
- 33 days holiday including UK Bank/Public holidays
- Discretionary bonus
- Company Pension (Salary Sacrifice)
- Private Medical Insurance (Vitality)
- Enhanced Maternity Pay (subject to eligibility)
- Hybrid Working (3 days in the office, 2 working from home)
- Dog Friendly office (1 day per week subject to Company policy)
Financial Accountant - Commercial Real Estate employer: TN United Kingdom
Contact Detail:
TN United Kingdom Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Accountant - Commercial Real Estate
✨Tip Number 1
Network with professionals in the Commercial Real Estate sector. Attend industry events, webinars, or local meetups to connect with people who work in property management and investment. This can help you gain insights into the company culture and potentially get a referral.
✨Tip Number 2
Familiarise yourself with the latest trends and regulations in financial accounting specific to real estate. Being knowledgeable about IFRS and FRS 102 will not only boost your confidence but also demonstrate your commitment to the role during interviews.
✨Tip Number 3
Prepare to discuss your experience with financial statements and portfolio management in detail. Be ready to provide examples of how you've handled similar responsibilities in past roles, as this will show your suitability for the position.
✨Tip Number 4
Research the company thoroughly before your interview. Understand their portfolio, recent projects, and overall business strategy. This knowledge will allow you to tailor your responses and show genuine interest in contributing to their success.
We think you need these skills to ace Financial Accountant - Commercial Real Estate
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in Commercial Real Estate and any relevant qualifications such as ACCA, CIMA, or ACA. Use specific examples to demonstrate your financial management skills and familiarity with IFRS & FRS 102.
Craft a Strong Cover Letter: Write a cover letter that addresses the key responsibilities mentioned in the job description. Explain how your background aligns with the role and express your enthusiasm for working with a Property Management & Investment firm.
Highlight Relevant Experience: In your application, emphasise your experience managing financial statements and liaising with asset managers. Mention any specific projects or achievements that showcase your ability to handle financial functions effectively.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects attention to detail, which is crucial for a Financial Accountant role.
How to prepare for a job interview at TN United Kingdom
✨Know Your Numbers
As a Financial Accountant, you'll be dealing with financial statements and transactions regularly. Brush up on your knowledge of financial reporting standards like IFRS and FRS 102, as well as any relevant tax regulations. Being able to discuss these confidently will impress your interviewers.
✨Showcase Your Experience
Highlight any previous experience you have in Commercial Real Estate or property management accounting. Be prepared to discuss specific examples of how you've managed financial portfolios or dealt with complex transactions, as this will demonstrate your suitability for the role.
✨Prepare Questions
Interviews are a two-way street. Prepare insightful questions about the company's growth plans, their approach to property management, or how they support professional development for their accountants. This shows your genuine interest in the role and the company.
✨Demonstrate Teamwork Skills
Since the role involves liaising with various teams, be ready to discuss your teamwork experiences. Share examples of how you've collaborated with others to ensure accuracy in financial reporting or resolved discrepancies, showcasing your ability to work effectively in a team environment.