Accountant - Lease Accounting UK & ie - 1 Year Contract

H&M; London; On-site; GBP 30,000 - 60,000; Full time

Job summary

An established industry player is seeking a Lease Accountant to join their dynamic property accounts team in London. In this role, you will be responsible for managing various rent-related costs and collaborating with multiple teams to ensure compliance with lease agreements. Your expertise in Lease Accounting will be essential as you prepare balance sheet reconciliations and support internal reporting deadlines. This is a fantastic opportunity to grow your career in a vibrant and inclusive environment that values your contributions and offers extensive development opportunities. If you're passionate about accounting and eager to make an impact, this role is for you!

Benefits

Staff discount card

H&M Incentive Program

Extensive development opportunities

Qualifications

• Experience in Lease Accounting with a focus on retail and financial control.
• Qualified or part-qualified accountant with strong analytical skills.

Responsibilities

• Manage rent-related costs and ensure compliance with lease conditions.
• Prepare balance sheet reconciliations and support internal reporting.

Skills

Lease Accounting

Financial Control

Turnover Lease Accounting

Capital Accounting

Education

Qualified Accountant

Part-Qualified Accountant

Tools

SAP

Job description

Job Description

The role itself will encompass a wide range of Lease Accounting tasks. This role will work within our property accounts team and collaborate closely with other members of the Accounts and Expansion/Legal teams. You will work in a fast-paced and constantly evolving environment.

• Responsible for all rent related costs - Fixed Rent, Turnover Rent, Service charge, Insurance, storage, Merchant association fees.
• Along with the Lease Admin, ensure landlords / Agents receive Turnover certificates according to lease conditions as well as ensuring all leases for IFRS 16 & Non IFRS 16 have been updated on Lima.
• Responsible for Emails - Remittances, Payment queries, Turnover queries and completion statements.
• Working with external auditors.
• The preparation of Balance Sheet reconciliations for lease assets and liabilities / prepayments and accruals to a high standard with key differences reconciled, explained, followed up and resolved in a timely manner.
• Support the Senior Accountant and the Lease Admin with ad hoc requests.
• Working with various stakeholders to provide information to meet internal reporting deadlines and external regulatory requirements.
• Embrace change and continuously seek out improvements.

WHO YOU'LL WORK WITH

In this role, you will collaborate with multiple teams to ensure the successful expansion of the business. You will work closely with Accounts and Expansion teams, providing key insights and recommendations.

WHO YOU ARE

We are looking for people with experience in Lease Accounting with the interest to learn and develop in Accounting and Financial control fields.

Here state the mandatory qualifications needed for the role.

• Qualified or Part-Qualified Accountant.
• Experience of working in Retail / Lease Accounting.
• Experience in Turnover Lease Accounting.
• Understanding of Capital Accounting along with experience of leasehold & property accounting and surrounding legislation.

Good to have:

• Experience in SAP.

WHO WE ARE

H&M Group is a global company of strong fashion brands and ventures. Our goal is to prove that there is no compromise between exceptional design, affordable prices, and sustainable solutions. We want to liberate fashion for the many, and our customers are at the heart of every decision we make.

We are made up of thousands of passionate and talented colleagues united by our shared culture and values. Together, we want to use our power, our scale, and our knowledge to push the fashion industry towards a more inclusive and sustainable future.

WHY YOU'LL LOVE WORKING HERE

At H&M Group, we are proud to be a vibrant and welcoming company. We offer our employees attractive benefits with extensive development opportunities around the globe.

All our employees receive a staff discount card, usable on all our H&M Group brands in stores and online. Brands covered by the discount are H&M (Beauty and Move included), COS, Weekday, Monki, H&M HOME, & Other Stories, ARKET, Afound. In addition to our staff discount, all our employees are included in our H&M Incentive Program - HIP. You can read more about our H&M Incentive Program here.

JOIN US

Our uniqueness comes from a combination of many things - our inclusive and collaborative culture, our strong values, and opportunities for growth. But most of all, it's our people who make us who we are.

If you feel your experience, skills, and ambitions are right for this role, apply by sending your application through the career site as soon as possible but no later than April 20, 2025, and initiate the dialogue with your current manager.

This is a 1-year contract. The position is based in our Support Office in London.

Take the next step in your career together with us. The journey starts here.

*We are committed to a recruitment process that is fair, equitable, and based on competency. We therefore kindly ask you to not attach a cover letter in your application.

Qualifications

Additional Information