At a Glance
- Tasks: Manage property accounting, budgets, and lease reporting in a dynamic finance team.
- Company: Established software business in Birmingham with a supportive culture.
- Benefits: Competitive salary, hybrid working, and opportunities for professional growth.
- Other info: Join a growing company that values its people and offers career development.
- Why this job: Take ownership of property finance and make a real impact in a collaborative environment.
- Qualifications: Experience with IFRS 16 and strong Excel skills are essential.
The predicted salary is between 50000 - 55000 £ per year.
A fantastic opportunity to join a well-established software business based in Birmingham, near Birmingham Airport, as a Property Accountant with hybrid working opportunities. The business operates across multiple sites in the UK and Europe and has a strong, collaborative finance team in place. This is a technically interesting role with real breadth, giving you ownership of the full property accounting function – from day-to-day cost accounting right through to IFRS 16 compliance and lease reporting. It is a great opportunity for someone who enjoys working closely with the business and wants a role where their technical skills genuinely matter.
Main Duties:
- Supporting the preparation of the annual property budget across fixed and turnover rent
- Assisting with periodic forecasting and variance analysis, with clear commentary on movements against budget
- Ensuring property invoices are correctly coded and posted into the finance system accurately and on time
- Preparing monthly balance sheet reconciliations for all property-related accounts
- Managing accruals and prepayments to maintain completeness and accuracy across the ledger
- Reviewing lease agreements to ensure costs are treated correctly from a financial reporting perspective
- Preparing turnover certificates in accordance with the terms of individual lease agreements
- Monitoring lease modifications, extensions, and break clauses to keep the register current and accurate
- Taking ownership of all property-related cost accounting across the portfolio, including rent, rates, service charges, utilities, and turnover rent
- Contributing to month-end and year-end lease accounting reporting, and supporting audit queries relating to leases
- Building and maintaining effective relationships with landlords, managing agents, and third parties
- Collaborating with the Accounts Payable team to support smooth and timely invoice processing
- Calculating turnover rent provisions and settlements, reconciling these back to reported sales figures
- Acting as the main point of contact for landlords and managing agents on all turnover rent matters
- Supporting the maintenance of the lease register and all associated IFRS 16 schedules
- Assisting with the calculation of right-of-use (ROU) assets and lease liabilities
Location / Office / Culture:
The role is based in Birmingham. The business operates from a modern office and has a well-regarded, supportive culture within the finance team. This is a business that invests in its people and takes a professional, collaborative approach to how the finance function operates.
What We Are Looking For:
- Proven hands-on experience with IFRS 16 lease accounting – this is essential
- ACA/ACCA/CIMA qualified, qualified by experience (QBE), or actively studying towards a qualification – all will be considered
- A background in property accounting or multi-site retail finance is highly desirable
- Confident working with ERP systems, alongside strong Excel skills
- Solid experience in a finance or accounting role with good technical grounding
- High attention to detail and the ability to manage competing deadlines effectively
Why Join the Business:
- Join a well-established, growing software business with a strong market presence
- A broad and technically rewarding property finance role with genuine ownership
- Competitive salary of £50,000 – £55,000
- Supportive and collaborative finance team
- Hybrid working
Property Accountant in Birmingham employer: Transaction Recruitment
Join a well-established software business in Birmingham that values its employees and fosters a supportive, collaborative work culture. As a Property Accountant, you will enjoy a technically rewarding role with genuine ownership of the property accounting function, alongside competitive salary packages and hybrid working opportunities. The company is committed to investing in your professional growth, making it an excellent employer for those seeking meaningful and impactful work.
StudySmarter Expert Advice🤫
We think this is how you could land Property Accountant in Birmingham
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and property sectors. A friendly chat can lead to opportunities that aren’t even advertised yet. Don’t be shy; we all love a good natter!
✨Tip Number 2
Prepare for those interviews! Research the company and its culture, especially their approach to property accounting. We want you to show off your knowledge of IFRS 16 and how it applies to their operations.
✨Tip Number 3
Practice makes perfect! Get a mate to do a mock interview with you. Focus on articulating your experience with ERP systems and Excel skills, as these are key for the Property Accountant role.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, we’re here to help you every step of the way, so don’t hesitate to reach out if you have questions!
We think you need these skills to ace Property Accountant in Birmingham
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Property Accountant role. Highlight your experience with IFRS 16 lease accounting and any relevant property finance background. 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 your technical skills can contribute to our collaborative finance team. Keep it engaging and personal!
Showcase Your Technical Skills:Since this role involves a lot of technical accounting, make sure to showcase your proficiency with ERP systems and Excel in your application. We love seeing candidates who are confident in their abilities!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Transaction Recruitment
✨Know Your IFRS 16 Inside Out
Since this role heavily involves IFRS 16 lease accounting, make sure you brush up on the key principles and recent updates. Be prepared to discuss how you've applied these in your previous roles, as this will show your technical expertise and confidence.
✨Showcase Your Excel Skills
As a Property Accountant, you'll need strong Excel skills. Before the interview, practice using advanced functions and pivot tables. You might be asked to demonstrate your proficiency, so having examples ready can really set you apart.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities, especially around budgeting and variance analysis. Think of specific examples from your past experiences where you successfully managed competing deadlines or resolved discrepancies in financial reporting.
✨Build Rapport with the Interviewers
This role requires collaboration with various stakeholders, so it's important to show your interpersonal skills. During the interview, engage with your interviewers, ask insightful questions about the team culture, and express your enthusiasm for building relationships within the finance function.