Senior Accountant - Cobalt Recruitment

Jobs via eFinancialCareers; London; On-site; GBP 70,000; Full time

Job summary

An established industry player in real estate investment management is seeking a Senior Accountant to enhance their finance team in London. This role offers the opportunity to oversee the financial and reporting aspects of a diverse property portfolio, ensuring accuracy and compliance. The ideal candidate will thrive in a dynamic environment, collaborating with various teams while enjoying exceptional benefits and a supportive workplace. If you are a qualified accountant with a passion for property accounting and a drive for excellence, this is the perfect opportunity to advance your career in a prestigious firm.

Benefits

Exceptional Benefits

Outstanding Offices

Qualifications

• Qualified accountant with ACCA, ACA, or CIMA certification.
• Experience in property accounting and knowledge of accounting systems.

Responsibilities

• Review tenant invoices and collaborate with property managers.
• Prepare quarterly reports and conduct month-end closing tasks.

Skills

Accounting Qualification (ACCA, ACA, CIMA)

Property Accounting Experience

Knowledge of Accounting Systems (preferably MRI)

Collaboration Skills

Understanding of Commercial Aspects of Real Estate

Education

ACCA

ACA

CIMA

Tools

MRI Accounting System

Job description

Senior Accountant

Cobalt Recruitment London, United Kingdom

Up to £70,000 plus exceptional benefits

Central London

Our client is one of the largest investment managers in real estate, with an impressive portfolio across various asset classes and a strong global presence.

As part of the continuous growth, they are looking for a Senior Accountant to join their finance team in London and focus on the oversight of the financial and reporting aspects of their UK property portfolio.

The successful individual will join a dynamic and hard-working team that enjoys the company's premium benefits and outstanding offices.

Key responsibilities include:

• Reviewing tenant invoices issued by the AR team
• Collaborating weekly with UK property managers and the internal accounts receivable team to monitor debt payments
• Approving property-related invoices for UK/Holdco through the approval system
• Monthly review of the AP report to ensure cleanliness and follow-up on any credit items, supported by the internal AP team
• Ensuring monthly bank reconciliations for UK/Holdco are completed and signed off timely, with assistance from the cash management team
• Recording the UK acquisition fund flows in the accounting system
• Preparing quarterly reports, including accruals and prepayments for the properties
• Conducting monthly closing and quarterly preparation tasks for efficient quarter-end closing
• Preparation and review of statutory accounts, liquidity planning, budgeting for property and development
• Coordinating with advisors to ensure timely submission of financial statements and tax returns, tracking progress, and documenting final outputs
• Reviewing cash balances for UK/Holdco entities, recommending and facilitating quarterly interest payments and dividends while considering working capital and capex needs
• Liaising with internal and external teams (debt, development, audit) on any portfolio-related queries
• Training and mentoring junior staff
• Getting involved in ad hoc projects for other European jurisdictions

Required Skills:

• Accounting Qualification (ACCA, ACA, CIMA)
• Good experience in property accounting is essential
• Knowledge of accounting systems - preferably MRI
• Ability to collaborate with various internal and external teams in a fast-paced and entrepreneurial environment
• Understanding of the commercial aspects of real estate, including capex monitoring, property management functions, and relevant financial aspects like debt and tax.