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For Companies At a Glance
- Tasks: Manage property accounting, ensuring accurate financial reporting and analysis.
- Company: Established organisation with a strong reputation for stability and growth.
- Benefits: Hybrid working, supportive team, and clear progression opportunities.
- Why this job: Take ownership of diverse portfolios and make a real impact in finance.
- Qualifications: Professional accounting qualification preferred; experience in finance essential.
- Other info: Join a collaborative culture with flexibility and long-term development.
The predicted salary is between 36000 - 60000 £ per year.
About the Business
An opportunity to join as a Commercial Property Accountant for a well-established, privately owned organisation operating across multiple sites nationwide. Based near Birmingham Airport, this business has a strong track record of stability and long-term growth, with a reputation for supporting and developing its people. This role offers the chance to take ownership of a diverse property portfolio and work closely with key stakeholders.
Main Duties
- Take ownership of accounting for property-related costs, including rent (fixed and turnover-based), rates, service charges, and utilities, ensuring accurate coding, posting, accruals, prepayments, and monthly balance sheet reconciliations.
- Review and interpret lease agreements to ensure correct financial treatment, including preparation of turnover rent certificates, calculation of provisions and settlements, and reconciliation to reported sales data.
- Maintain lease accounting records in line with IFRS 16 requirements, including supporting right‑of‑use asset and lease liability calculations, monitoring lease changes, and assisting with month‑end, year‑end, and audit reporting.
- Support the preparation of annual property budgets and ongoing forecasts, providing variance analysis and clear commentary on financial performance.
- Liaise professionally with landlords, managing agents, auditors, and internal teams (including Accounts Payable) to ensure timely processing, accurate reporting, and effective query resolution.
Location / Office / Culture
The role is hybrid, with four days in the office near Birmingham Airport and one day working from home. You'll be based within a well-known, established business operating from a professional head office environment, joining a supportive finance team within a wider multi-site organisation. The company offers a stable yet progressive culture, with strong collaboration, flexibility, and clear opportunities for long-term development.
What We Are Looking For
- Professionally qualified (CIMA, ACCA or ACA) preferred; candidates who are part-qualified, studying, or qualified by experience will also be considered.
- Proven experience within a finance or accounting function.
- Previous exposure to property-related accounting or a multi-site environment would be advantageous.
- Working knowledge of lease accounting standards, including IFRS 16.
- Confident using finance systems or ERP platforms within a structured reporting environment.
Why Join the business
- Well established business
- Fantastic, supportive finance team
- Opportunity for progression, due to ongoing growth
- Flexible working
Commercial Property Accountant employer: Transaction Recruitment
Contact Detail:
Transaction Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Property Accountant
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and property sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their approach to property accounting and think about how your skills align with their needs. This will help you stand out as a candidate who’s genuinely interested in the role.
✨Tip Number 3
Practice your responses to common interview questions, especially those related to lease accounting and financial reporting. Use the STAR method (Situation, Task, Action, Result) to structure your answers and showcase your experience effectively.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us. Good luck!
We think you need these skills to ace Commercial Property Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your accounting qualifications and any relevant property experience to show us you’re the right fit for the role.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you’re excited about this opportunity. Mention specific aspects of the role that appeal to you and how your background aligns with our needs, especially around lease accounting and financial reporting.
Showcase Your Attention to Detail: In accounting, accuracy is key! Use your application to demonstrate your attention to detail. You might want to mention any experiences where you’ve successfully managed complex financial data or reconciliations.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates during the process!
How to prepare for a job interview at Transaction Recruitment
✨Know Your Numbers
Brush up on your accounting knowledge, especially around property-related costs and IFRS 16. Be ready to discuss how you’ve handled rent, service charges, and lease agreements in past roles. This will show that you’re not just familiar with the theory but can apply it practically.
✨Showcase Your Communication Skills
Since you'll be liaising with landlords and internal teams, demonstrate your ability to communicate effectively. Prepare examples of how you've resolved queries or collaborated with different stakeholders in previous positions. This will highlight your interpersonal skills, which are crucial for this role.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific situations, like discrepancies in financial reports or changes in lease agreements. Think through potential scenarios and your approach to resolving them. This will help you showcase your problem-solving skills and adaptability.
✨Research the Company Culture
Familiarise yourself with the company’s values and culture, especially their focus on support and development. Be prepared to discuss how you align with these values and how you can contribute to a positive team environment. This shows that you’re not just looking for a job, but a place where you can grow.