Assistant Management Accountant

Macdonald & Company; Greater London; On-site; GBP 32,000 - 42,000; Full time

Job summary

Macdonald & Company is seeking an Assistant Management Accountant to join its finance team, focusing on the Student Accommodation portfolio across multiple assets. You will manage monthly accounts, variances and journal postings, while providing insightful analysis to support strategic decision-making.

The role requires a background in accounting with exposure to real estate or hospitality, strong Excel skills, and the ability to work collaboratively with cross-functional teams in a fast-paced

Qualifications

• Degree in Accounting or Finance or equivalent AAT Level 3 qualification.
• ACCA/ACA/CIMA studies currently in progress preferred.
• Background in real estate, property or hospitality beneficial.
• Experience supporting portfolio accounts with management accounts, journals and prepayments.

Responsibilities

• Prepare monthly management accounts and variance analysis across multiple assets.
• Coordinate month-end close including journals, accruals and prepayments.
• Deliver in-depth financial analysis and insights on portfolio performance.
• Support year-end statutory reporting and audits, including VAT where applicable.
• Produce arrears and aged debt analyses and highlight trends for action.
• Collaborate with property management and commercial teams to identify cost efficiencies.
• Assist with financial administration of portfolio taxes and utilities.
• Support system enhancements across finance processes and procedures.

Skills

Excel

Pivot tables

VLookups

Double-entry bookkeeping

Attention to detail

Analytical skills

Education

Degree in Accounting & Finance

AAT Level 3 qualification

ACCA/ACA/CIMA studies in progress

Job description

An exceptional opportunity has arisen for an Assistant Management Accountant to join one of the UK’s leading real estate investment, development and asset management businesses.

With a track record spanning numerous decades, this highly successful organisation has established an enviable reputation for identifying, acquiring and actively managing premium real estate assets through a highly sophisticated and acquisitive investment strategy. The business continues to grow, creating an exciting opportunity for an ambitious finance professional to join its dynamic and collaborative team.

As Assistant Management Accountant, you will play a key role within the finance function, supporting the financial management, reporting and performance analysis of a best in class Student Accommodation portfolio across multiple assets and entities.

This is an excellent opportunity for an individual looking to develop their career within real estate finance within a supportive and high performing environment.

The Role

You will be responsible for a broad range of management accounting and financial reporting activities, including:

• Preparationofmonthly management accounts and detailed variance analysis, assessing operational performance against budget and forecast across multiple student accommodation assets and entities.
• Coordinatingmonth-end close, including journal preparation and posting, accruals, prepayments, P&L analysis, bank reconciliations and balance sheet reconciliations.
• Deliverin-depth financial analysis, interpreting large datasets and providing meaningful insight into portfolio performance.
• Supportingyear-end statutory reporting and external audits, including group VAT requirements.
• Producing property-levelarrears and aged debt analysis, highlighting trends and areas requiring action.
• Liaise and partner with property management and commercial teams toidentify cost efficiencies and support revenue-generating strategies.
• Facilitate the financial administration orportfoliocouncil tax and utilities.
• Manage the collection, reconciliation and return oftenant deposits.
• Play an active role in thedevelopment and implementation of new financial systems, processes and procedures, helping to enhance the efficiency and effectiveness of the finance function.

About You

The successful candidate will have a degree in Accounting & Finance or hold an AAT Level 3 qualification and above currently undertaking ACCA, ACA or CIMA studies.

You will have an accountancy background in real estate, property or hospitality sectors, exposure to Student Accommodation or PBSA portfolios preferred, but not essential.

Moreover, you will have acquired experience either as an Accounts Assistant, Finance Assistant, Assistant Account, Assistant Management, Client or Property Accountant supporting operational property portfolio’s through management accounts preparation, journal preparation and posting (prepayments and accruals) with good double entry bookkeeping skills.

Furthermore, you will have good attention to detail, analytical skills with strong Excel and fully conversant in use of pivot tables and VLookUps etc.

Finally, you will have a calm, friendly demeanour with excellent written and verbal communication skills and the ability to build effective working relationships with multiple internal and external stakeholders.

For further information or a confidential conversation, please contact Jeremy Wright at Macdonald & Company by email or on 0207 318 5263.