Property Accountant
- Recruiter
- Marks Sattin
- Location
- England, London
- Salary
- £220.00 - £260.00 per day
- Posted
- 16 Jan 2017
- Closes
- 23 Jan 2017
- Ref
- MEG16882055
- Contact
- Mellani Georgiou
- Job Title
- Accountant
- Category
- Property / Housing
- Experience Levels
- Qualified Accountant
- Contract Type
- Contract
- Hours
- Full Time
This role sits within a friendly and collegiate team where you would be supported to carry out the role effectively. You will need to be a qualified accountant (ACCA or equivalent) or have at least 5 years experience in a similar role with a property background.
The successful candidate will be detail oriented and have the ability to work independently. You will also be able to demonstrate strong communication and computer skills.
This is a high priority role and for that reason, we cannot accept applications from candidates that are on more than two weeks notice.
Tasks include but are not limited to:
On a Daily/Weekly basis:
- Support Property Management where appropriate.
- Post cash receipts into Accounting System (MRI).
- Maintain daily cash reports.
- Process accounts payable.
- Review cash requirements.
- Assist Controller in projects as assigned.
On a Monthly basis:
- Prepare bank reconciliations.
- Prepare VAT Returns
- Enter journal entries into MRI.
- Verify monthly accruals prepared by Property Management.
- Assist with preparation of Monthly Reports.
- Analyze and track tenant arrearages, assisting with collection process.
- Track Hard Costs and Change Orders on construction projects.
On a Quarterly basis:
- Assist in the preparation of quarterly work paper package using financial template and standard work paper format.
- Maintain and reconcile MRI reports.
- Maintain Stacking Plan and Rent Roll in MRI. Compare rent roll to tenant's billing.
- Assist in re-forecasting process:
- Work with Property Management to reforecast budget & evaluate budget changes
- Assist with Variance analyses
On an Annual basis:
- Work with Property Management to prepare annual budget.
- Assist in the preparation of year-end work paper package using standard work papers and template.
- Record any year-end adjustments and reconcile MRI to final financial statements.
- Prepare escalations after year-end for retroactive charges or credits (service Charge True up)
- Assist Controller in preparing Annual Financial and Tax Audits or Reviews.
- Assist in preparation of Cash Flow Projections
Please note, only candidates who fulfill the essential criteria will be contacted to progress to the next stage of the process.