Financial Controller

Location
England, London
Salary
£65000 - £75000 per annum
Posted
30 Apr 2021
Closes
07 May 2021
Ref
JN -042021-2558430
Contact
James Fowler
Contract Type
Permanent
Hours
Full Time

An opportunity has arisen for a Financial Controller to join a large, high-profile real-estate and property company based in central London.

Client Details

My client is a large real-estate and property company based in central London.

Description

Key responsibilities for the Financial Controller include:

  • Responsible for quarterly and year end accounting and reporting for assigned properties and related ownership entities
  • Assist with preparation of IFRS and Local GAAP annual accounts.
  • Monitoring of changes in local requirements and legislation and analysis of impact on the property company
  • In a few instances, assist with service charge reconciliations.
  • Cooperate with treasury and transaction teams of the company and clients.
  • Property Forecast & Budget including analysis of actuals vs forecast/budget on property company (Propco) level
  • Coordinate the process for property tax and related administration (control, report, payments)
  • Calculation/review of calculation of the straight-lined rent incentives (IFRS Adjustment)
  • Deferred Tax Asset (DTA) & Deferred tax liability (DTL) estimate / calculation and prepare tax analysis packs for external tax advisors.
  • Quarterly/Annual VAT preparations.
  • Preparation of consolidated accounts
  • Review and understanding of CAPEX assumptions
  • Prepare quarterly intercompany distribution and contribution forms which have to be agreed with the Fund, Portfolio Management, Asset Management, Tax and Legal Depts
  • Review of equity position of the company
  • Understanding of business planning based on communication with Asset Manager and Property Manager
  • Supports clients in transactions (Sales/Acquisitions/Entity set ups and liquidations)

Profile

The successful Financial Controller will have the following:

  • Bachelor/ Masters degree in business administration, accounting or an equivalent
  • Professional finance qualification (ACA/ACCA/CIMA). A background from Big Four (KPMG, EY, Deloitte or PwC) is preferred, but not essential.
  • Experience with real estate and property/real-estate funds, holding companies, SPVs etc. is advantageous
  • Knowledge of relevant laws and regulations, such as VAT, CIT, Local GAAP and IFRS.
  • Excellent English verbal and written communication skill.

Job Offer

Basic salary of approx £65,000 + package