Accountant (Family Office)

A village somewhere; Abingdon; On-site; GBP 70,000; Full time

Job summary

A small, family-run commercial property business in Abingdon is seeking an Accountant (Family Office) to manage financial operations and property portfolios. The role involves financial reporting, budget management, and compliance, requiring strong accounting qualifications and experience in property management. The company offers a supportive environment with opportunities for professional development and a competitive salary.

Benefits

25 days holidays plus bank holidays

8% employer pension contribution

Performance-based bonus

Relaxed office setting

Daily contact with Directors

Professional development opportunities

Qualifications

• Minimum 3 years accounting experience, preferably in property or commercial property.
• Strong knowledge of accounting principles, reporting, and tax regulations.
• Proficiency in Xero or similar software and MS Office.

Responsibilities

• Prepare and analyze quarterly and annual financial statements.
• Develop and manage budgets for properties and sites.
• Oversee payroll, ensuring timely and accurate payments.

Skills

Accounting principles

Reporting

Tax regulations

Analytical skills

Organizational skills

Communication skills

Attention to detail

Teamwork

Self-motivated

Education

Fully Qualified ACA, CIMA, ACCA or equivalent

Tools

Xero

MS Office

Job description

Accountancy Recruit is partnering with a small, family-run commercial property business in the recruitment of an Accountant (Family Office), based in Abingdon. The role's purpose is to manage the property portfolio, finance, and office functions, working closely with the Bookkeeper and reporting to the Managing Director. Key areas include management of tax, pension/trust funds, cash management, investment and risk management, asset transactions, and performance reporting.

Duties include:

1. Financial Reporting: Prepare and analyze quarterly and annual financial statements.
2. Budget Management: Develop and manage budgets for properties and sites, ensure alignment with company goals, and further develop the 10 Year Plan projections, including cash flow forecasts with the in-house surveyor.
3. Accounts Payable/Receivable: Oversee bookkeeping functions.
4. Manage Payroll Processing: Oversee payroll, ensuring timely and accurate payments, including staff expenses.
5. Assist the Company Secretary: Ensure legal and regulatory compliance and proper record-keeping.
6. Cash Flow Management: Prepare and monitor cash flow forecasts.
7. Property Valuations: Collaborate with external Surveyors for property valuations.
8. Decision Making: Provide financial insights for strategic decisions.
9. Development Appraisals: For property projects.
10. Market Monitoring: Analyze the commercial property market.
11. Risk Management & Investment: Conduct activities and recommend decisions.
12. Service Charge Management: Prepare budgets, calculate apportionments, manage invoicing, and communicate with tenants.
13. Insurance: Provide up-to-date information to brokers for proper coverage.
14. Audits: Coordinate external audits.
15. Tax Compliance: Ensure adherence to VAT, corporation tax, CGT, rates, SDLT, and others.
16. Void Rates: Calculate due rates on empty properties.
17. Utilities Management: Oversee accounts, transfers, and meter readings.
18. Financial Analysis: Support decision-making and planning.
19. Lease Accounting: Manage rent rolls, billing, accruals, and deferrals.
20. Office Maintenance: Coordinate servicing of equipment and systems.
21. Administration: Support Facilities Manager with office records and post handling.
22. Health and Safety: Oversee all H&S activities at office and sites, with assistance from Facilities Manager and surveyor.

    Requirements & Skills:

    • Fully Qualified ACA, CIMA, ACCA or equivalent
    • Minimum 3 years accounting experience, preferably in property or commercial property
    • Strong knowledge of accounting principles, reporting, and tax regulations
    • Proficiency in Xero or similar software and MS Office
    • Honest, reliable, with excellent analytical, organizational, and communication skills
    • Attention to detail and ability to work independently and in a team
    • Self-motivated and capable of functioning without extensive infrastructure

    Remuneration & Benefits:

    • Salary: £70,000 per annum
    • Bonus: 15% performance-based (linked to net profit)
    • Holidays: 25 days plus bank holidays
    • Hours: 39/week, Monday to Friday, 8:30 am - 5:00 pm, early finish on Fridays
    • Pension: 8% employer contribution
    • Benefits include working for a successful small family business, involvement in all aspects of the business, daily contact with Directors, professional development, a supportive environment, and a relaxed office setting.