Investment Accounting Manager, Property in London

Wellcome is a global charitable foundation. We improve health for everyone by funding science, leading policy and advocacy campaigns, and building partnerships. We plan to spend £16bn over the ten years to 2032, funding new discoveries in life, health and wellbeing and taking on three global health challenges: mental health, infectious disease and climate and health.

This role forms part of the Investment Accounting Team reporting to the Investment Accounting Controller, within the Financial Accounting Team. This role will be task managing a junior colleague and working directly with Wellcome’s Property Managers and Investment Accounting teams.

You will lead investment property accounting activities, ensuring accurate financial reporting, robust financial controls, and ownership of accounting processes for designated asset classes.

As an Investment Accounting Manager, you will:

• Lead investment accounting and financial reporting processes for investment property, including reconciliations, accounting and property tax adjustments, and financial statement preparation.
• Oversee investment property valuation processes and controls, delivering analysis and reporting to support investment governance and decision-making.
• Supervise, review, and develop the work of accounting team members, providing coaching and mentorship to junior colleagues.
• Manage relationships with investment property stakeholders (internal property managers, and finance teams in property backed investment operating companies), auditors, and third-party service providers (managing agents and valuers) to ensure effective collaboration and high-quality reporting.
• Ensure new property investments are successfully integrated into finance operations while maintaining a strong risk and control environment.
• Promote compliance, cost management, and inclusive ways of working, contributing to organisational objectives and cross-functional collaboration.

You will enjoy this role if you like taking ownership of complex investment property accounting and financial reporting, combining technical expertise with analytical insight specific to the investment property industry, to support decision-making and governance. It suits someone who enjoys leading and developing others, building strong relationships with a range of stakeholders, and working collaboratively across teams. You will also find it rewarding if you like improving processes, strengthening controls, and ensuring new property investments are effectively integrated into finance operations within a compliant and inclusive environment.

Minimum Criteria:

• ACA/ACCA/CIMA or relevant qualification.
• Investment property accounting (UK GAAP or IFRS) experience and able to apply investment accounting principles specific assets and complex arrangements with Direct investment Property experience.
• Understanding of the tax and legal compliance requirements relevant to UK investment property.
• Supervisory experience – line and/or task managing a small team.
• Excellent analytical and problem-solving skills.
• Able to manage own workload with focus on delivery and capable of working effectively under pressure, managing multiple team priorities.

We understand that our colleagues have commitments and personal interests outside of work and we strive to build a flexible working environment, in which people can perform at their best. We are currently working 3 days per week (Tuesday, Wednesday and Thursday) from our Euston Road offices (as part of our hybrid Ways of Working) with the remaining 2 days working either remotely or in the office.

Diversity and Inclusion is a priority at Wellcome. We are committed to cultivating a fair and inclusive environment, where everyone can be themselves and thrive. We are happy to discuss flexible working options for all roles. We work to ensure that our recruitment processes are as inclusive as possible to everyone. This includes making adjustments for people who have a disability or long-term condition.