Property Accountant

Macdonald & Company; Greater London; On-site; GBP 55,000 - 70,000; Full time

Job summary

Macdonald & Company is seeking a Property Accountant to join a leading UK property investment, development and asset management group in London. The role combines hands-on rent and service charge accounting with financial reporting and business partnering.

You will support budgets, reconciliations and year-end accounts within a high-performing team, contributing to portfolio performance and process improvements.

Qualifications

• Strong rent and service charge accounting experience with budgeting, reconciliations and year-end reporting.
• Commercial property experience preferred; residential or mixed-use backgrounds considered.
• Good knowledge of RICS standards and robust stakeholder management.

Responsibilities

• Manage end-to-end rent and service charge accounting across a diverse property portfolio.
• Prepare annual service charge budgets, apportionments, reconciliations and income/expenditure reports.
• Administer rent demands, collections, arrears, deposits and rent-free period accounting.
• Prepare asset- and portfolio-level management accounts, budgets and financial reports.
• Monitor capital expenditure on major redevelopment/refurbishment schemes.
• Apply VAT treatments to rental income and service charges.
• Partner with property management and commercial teams to support performance.
• Support onboarding, data migration, systems enhancements and process improvements.

Skills

Rent accounting

Service charge accounting

Budgeting

Reconciliations

Financial reporting

Stakeholder management

Education

ACCA/CIMA/ACA advantageous

Tools

Yardi

MRI Horizon

Qube

TRAMPS

Excel

Job description

An outstanding opportunity has arisen for a Property Accountant to join one of the UK’s leading property investment, development and asset management businesses.

With decades of industry experience, first class reputation and an ambitious growth strategy, this business offers the opportunity to join a high-performing team and direct assignment to their impressive commercial real estate portfolio.

This is a pivotal role within the property finance function, combining hands-on rent and service charge accounting with financial reporting, business partnering and involvement in systems and process improvement initiatives.

Key Responsibilities

• Manage end-to-end rent and service charge accounting across a diverse commercial property portfolio, including office and retail assets to name a few.
• Prepare annual service charge budgets, apportionments, reconciliations, income & expenditure reporting and year-end accounts in accordance with relevant RICS professional standards.
• Administer rent demands, collections, arrears, rent deposits and rent-free period accounting.
• Prepare asset- and portfolio-level management accounts, budgets and financial reports, including variance analysis.
• Monitor capital expenditure across significant re-development and refurbishment schemes
• Apply appropriate VAT treatments across rental income and service charges.
• Business partner with property management and commercial teams to support operational and financial performance.
• Support new property onboarding, data migration, systems enhancements and process improvement initiatives.

About You

You will have demonstrable experience in a Property Accountant, Real Estate Accountant, Rent and Service Charge Accountant, Property Management Portfolio Accountant or Client Accountant role.

Ideally, you will bring:

• Strong rent and service charge accounting experience, including budgeting, reconciliations, reporting and year-end accounts.
• Commercial property experience preferred, although residential and mixed-use backgrounds will also be considered.
• A sound understanding of relevant RICS professional standards.
• Strong Excel skills, including VLOOKUP and PivotTables, alongside experience with systems such as Yardi, MRI Horizon, Qube or TRAMPS.
• Excellent communication, organisational and stakeholder management skills.
• ACCA, CIMA or ACA qualifications are advantageous but not essential.

Interested?

This is an excellent opportunity to join an ambitious, well-established real estate business in a varied role offering technical responsibility, commercial exposure and the opportunity to contribute to the continued growth of its portfolio.

For further information or a confidential discussion, please contact Jeremy Wright on 0207 318 5263 or via email.