Management Accountant - Leasehold

Frasers Group; Shirebrook; On-site; GBP 40,000 - 60,000; Full time

Benefits offered by this job

Frasers Champion recognition

Retail Trust wellbeing support

Job summary

Frasers Group is seeking a Management Accountant within the Property Finance team to manage and control costs across a large European property portfolio. You will analyse leasehold and freehold costs, prepare accruals and journals, and deliver accurate financial reporting for UK and European properties.

You will partner with Property and Finance teams, challenge unusual costs, and drive process improvements in a fast-paced retail environment.

Qualifications

• 1+ year of practical accounting experience in a finance role.
• Experience supporting month-end processes including journals.
• Experience completing balance sheet reconciliations and investigating reconciling items.
• Strong understanding of debits/credits and cost allocation across periods.
• Excellent Excel skills with large data sets and advanced functions.

Responsibilities

• Manage and analyse leasehold and freehold property costs across UK and Europe.
• Prepare accruals, prepayments, and journals as part of month-end.
• Complete balance sheet reconciliations and investigate outstanding items.
• Analyse variances in property costs and provide commentary.
• Review rent, rates, service charges, and utilities for accuracy.
• Maintain large property datasets and provide regular reporting to stakeholders.
• Collaborate with Property and Finance teams and external providers to resolve issues and improve processes.
• Own queries through to resolution and ensure costs are allocated properly.
• Perform ad-hoc reporting tasks as required.

Education

ACCA/CIMA/ACA part-qualified or AAT Level 4

Tools

Microsoft Dynamics 365

Excel (Pivot Tables, VLOOKUP/XLOOKUP)

Job description

As a Management Accountant within our Property Finance team, you'll play a key role in managing and controlling costs across one of Europe's largest retail property portfolios. Working closely with our Property and Finance teams, you'll be responsible for analysing and reporting on leasehold and freehold property costs across the UK and Europe. This includes rent, business rates, service charges, utilities and other occupancy-related costs across a diverse portfolio of stores, offices and distribution centres. You'll support the month-end process, prepare balance sheet reconciliations, maintain accruals and prepayments, and investigate variances to ensure costs are accurately recorded and understood. This is a highly analytical role requiring someone who enjoys working with large data sets, identifying anomalies and taking ownership of issues through to resolution. Alongside delivering accurate financial reporting, you'll partner with stakeholders across the business to provide insight into property expenditure, challenge unexpected costs and support ongoing process improvements within a fast-paced and continually evolving retail environment.,

Responsibilities

• Manage and analyse leasehold and freehold property costs across the UK and Europe.
• Prepare accruals, prepayments and journals as part of the month-end process.
• Complete balance sheet reconciliations and investigate outstanding items.
• Analyse variances in property costs and provide meaningful commentary on key movements.
• Review and challenge rent, rates, service charge and utility costs to ensure accuracy.
• Maintain large property datasets and produce regular reporting for key stakeholders.
• Partner with Property, Finance and external providers to resolve issues and improve processes.
• Take ownership of queries through to resolution, ensuring costs are allocated and reported correctly.
• Adhoc reporting tasks as required

Qualifications

• Studying towards or part-qualified ACCA, CIMA or ACA, or fully qualified AAT Level 4(Candidates applying with an AAT qualification must be able to demonstrate experience of accruals,prepayments, balance sheet reconciliations, debits and credits, and month-end accounting activities)
• A minimum of 1 year's practical accounting experience within a finance role.
• Experience supporting month-end processes, including the preparation and posting of journals.
• Proven experience preparing and posting accruals and prepayments.
• Experience completing balance sheet reconciliations and investigating outstanding reconciling items.
• Understanding of key accounting principles, including debits and credits and the correct allocation of costs across accounting periods.
• Strong Excel skills, including Pivot Tables, VLOOKUP/XLOOKUP and working with large data sets.
• Ability to work independently, take ownership of issues and see them through to resolution.
• Strong attention to detail with the confidence to challenge unusual costs or transactions.
• Excellent organisational skills with the ability to manage multiple priorities and deadlines.

Desirable

• Experience within a multi-site, retail or property environment.
• Experience working with leasehold and freehold property costs.
• Exposure to rent, business rates, service charges, utilities or other occupancy-related costs.
• Experience using Microsoft Dynamics 365.
• Exposure to management accounts preparation and variance commentary.

Company presentation – FRASERS GROUP

At Frasers Group we're rethinking retail. Through digital innovation and unique store experiences, we're serving our consumers with the world's best sports, premium and luxury brands globally. As a leader in the industry, we're elevating the retail experience for our consumers through our collection of established brands, including Sports Direct, FLANNELS, USC, Frasers, and GAME. Why join us? Our vision - we are building the planet's most admired and compelling brand ecosystem Our purpose - we are elevating the lives of the many with access to the world's best brands and experiences At Frasers Group, we fear less and do more. Our people are forward thinkers who are driven to operate outside of their comfort zone to change the future of retail, embracing challenges along the way. The potential to elevate your career is massive, the experience unrivalled. To be able to make the most of it you need to live and breathe our principles:

• Own it and back yourself - Own the basics, own your role and own the result
• Think without limits - Think, think fast, think fearlessly
• Be relevant - Relevant to our people, our partners and the planet, Frasers Champion - Our employees are at the heart of our business and we ensure individuals are recognised every single month for their hard work. Frasers Champion is a peer nominated scheme where 8 winners will receive double their pay for a month where they have lived the Frasers Group values.

Retail Reconnect - In order to build the planets most admired and compelling brand ecosystem, all employees must understand our business, product and customers. Each financial year, head office employees will gain insights by spending one to two days in one of our stores or the warehouse. The goal is to learn how the work you do impacts our teams on the frontline, and to bring ideas back to the office which will improve how we work. Fearless 1200 - Fearless 1200 is our way of recognising our growth. It's bold, ambitious, and designed to reward colleagues across the business for living our values and delivering impact. Fearless 1200 links how we perform to how we're rewarded - check out the video link to find out more - https://www.youtube.com/watch?v=O0qmvJofMew

Employee Welfare

• Frasers Fit - Our Everlast Gyms Team are on a mission to make our workforce the best, and fittest on the planet! We run free gym classes for employees as well as discounted memberships to our clubs.
• Frasers Fit is our wellbeing programme which aims to support and improve colleagues Physical, Financial & Mental wellbeing.
• The app is accessible for every employee and includes training, nutrition and lifestyle advice- all completely free.
• Retail Trust - We know that its not just about physical health, mental wellness is equally important which is why all of our employees get free access and support from the Retail Trust charity. This includes a 24 hour wellbeing helpline, wellness hub, counselling and financial/legal support.