Senior Accountant, Development (12-month FTC)

Greystar Management Services; Greater London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading real estate platform is seeking a qualified accountant for a financial reporting role. You will monitor development accounting and act as a key business partner for various teams, providing insights on project costs and financial analysis. The ideal candidate is experienced in fast-paced environments and has a strong background in real estate. This full-time position offers opportunities for professional growth and requires excellent financial communication skills.

Qualifications

• Experience in a fast-paced business ideally with exposure to Real Estate sector.
• Ability to interpret and explain complex financial data.
• Experience with fund structures is desirable.

Responsibilities

• Monitor development accounting and provide financial reporting.
• Provide financial analysis of key decisions and variances.
• Act as a key business partner to Development and Operational teams.

Skills

Experience working in a similar role

Strong team working and interpersonal skills

Strong communicator

Attention to detail

Ability to meet deadlines

Education

Qualified Accountant ACA / ACCA (or equivalent)

Good level of general education

Tools

Excel

Yardi

Microsoft Dynamics GP

NetSuite

Job description

ABOUT GREYSTAR

Greystar is a leading fully integrated global real estate platform offering expertise in property management investment management development and construction services in institutional-quality rental housing. Headquartered in Charleston South Carolina Greystar manages and operates over $300 billion of real estate in over 260 markets globally with offices throughout North America Europe South America and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States managing more than one million units / beds globally. Across its platforms Greystar has over $79 billion of assets under management including approximately $36 billion of development assets and over $30 billion of regulatory assets under management. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more visit .

JOB DESCRIPTION SUMMARY

Please note this role is a 12-month fixed-term contract.

This role is primarily responsible for the application of International Financial Reporting Standards (IFRS) to monitor development accounting (project job costs) and provide the related internal and external reporting. This role will act as a key business partner to the Development Operational Property Management and Investment teams as we acquire develop and operate new assets.

JOB DESCRIPTION

Key Role Responsibilities

• Business Partners with all the relevant stakeholders on a portfolio of projects providing financial analysis of key decisions review of actual costs versus budget and providing the financial perspective on the projects where appropriate.
• Compiles and analyses the financial information in preparation for entry into various financial statements and accounting reports and makes appropriate journal entries for recording in the general ledger by checking calculations reviewing basis for figures and balancing and reconciling figures.
• Reviews budgets invoices and other accounting documents and researches and resolves discrepancies as necessary.
• Reviews Development and Operational budget variance analysis partnering with the Development and Operational teams on the preparation delivery and timeliness of variance commentary.
• Provides direction and guidance on accounting treatment to the Outsourced Accountants at the PropCo and OpCo level ensuring consistency.
• Maintains and reports on project budgets to include compilation of draw packages and necessary approvals ensures accurate coding of invoices charging of Management Fees and submission of payment requests to third party administrators.
• Reviews completeness and accuracy of accounting completed by 3rd party administrators where applicable.
• Liaises with external partners and lenders providing additional data and information as requested and answering questions necessary to facilitate the funding process in a timely manner.
• Provides cost to complete information for input into quarterly desktop valuation and annual 3rd party valuation. Reviews valuation from a financial perspective.
• Reviews bank reconciliations ensuring accuracy.
• Reviews monthly financial reporting packages for distribution to internal and external stakeholders.
• Reviews monthly / quarterly VAT returns.
• Works alongside the operational finance team to standardise processes and ensure a seamless transition from the development team to operations team when completed assets are transferred.
• Reviews and abstracts development and lender agreements for projects assigned understanding reporting requirements deadlines and fee calculations.
• Acts as the first point of contact with external auditors e.g. to explain journal entries and financial transactions providing research data and information as requested and answering questions necessary to complete the audit in a timely manner.
• Builds and maintains effective working relationships with internal and external stakeholders. Responds to questions regarding the projects provides support and ensures timely completion of accounting processes for reporting.
• Completes various financial accounting administrative and other reports and analysis and performs other duties as assigned or as necessary.

Knowledge & Qualifications

Qualified Accountant ACA / ACCA (or equivalent)

Good level of general education with excellent written and numerical skills

Thorough understanding of accounting procedures and double entry book-keeping

Proficiency in Excel Word and Powerpoint .

Experience with Yardi ( preferred )

Working knowledge of IFRS within the Real Estate sector

Working knowledge of fund structures desirable

Working knowledge of VAT

Understanding of job cost / project accounting

Experience & Skills

Essential :

Experience working in a similar role within a fast-paced business ideally wit h exposure to the Real Estate sector

Strong team working and interpersonal skills

Strong communicator with the ability to interpret and explain complex financial data

Good attention to detail methodical and takes pride in work

Positive can do attitude

Self-starter with an organised and proactive approach

Ab ility to meet multiple client deadlines and multi-task are essential using initiative to prioritise

Desirable :

Experience in a Development / Construction accounting role.

Greystar will never request your banking details or other sensitive personal information during the interview process. Greystar does not conduct any interviews via text or messaging and all communication will come from official Greystar email addresses (@). If you receive suspicious requests please report them immediately to

Required Experience :

Senior IC

Key Skills

General Ledger Reconciliation,Accounting Software,Account Analysis,GAAP,Journal Entries,QuickBooks,General Ledger Accounting,Accounting,Account Reconciliation,SOX,Microsoft Dynamics GP,NetSuite

Employment Type :

Full-Time

Experience :

years

Vacancy :

1