Private Office Accountant
- Recruiter
- Michael Page Finance
- Location
- England, London
- Salary
- £75000 - £85000 per annum
- Posted
- 02 Sep 2022
- Closes
- 30 Sep 2022
- Ref
- JN -092022-5743254
- Contact
- James Fowler
- Job Title
- Accountant
- Category
- Property / Housing
- Contract Type
- Permanent
- Hours
- Full Time
An opportunity has arisen for an Accountant to join the private office for a HNWI based in central London.
Client Details
My client is a private HNWI and well-known public figure. Their office is based in central London.
Description
Key Responsibilities for the Private Office Accountant include:
- preparation of quarterly Management Accounts
- performing key month-end close activities including bank reconciliations, accruals, balance sheet reconciliations and other ledger close activities on Quickbooks.
- preparation of Year End Financial Statements including liaising with external auditors during the audit process.
- preparation and submission to HMRC of Quarterly VAT Returns
- preparation and submission to HMRC of monthly CIS Returns
- liaising with CFO/CEO on company financial performance including cash balance review and answering any queries.
- liaising with the auditors and assisting with annual corporation tax calculations and financial statement preparation.
- prepare annual budget for all entities.
- prepare annual expected revenue forecast.
- maintain tight control of overhead cost ledger against budget and report any overspend on a monthly basis to CEO.
- prepare and maintain Cashflow Forecast and report to CEO on a monthly basis.
- monitor cash balance closely.
- key treasury responsibilities including filing of Confirmation Statements with Companies House as well as ensuring financial statements and corporation tax returns are filed on time.
- preparation of monthly drawdown packs to external funding partners.
- preparation and updating of project cashflow forecasts on a monthly basis.
- analysing project costs against appraisal and reporting any variances to external funding partners and development surveyors.
- remaining a key point of contact between project team and funding partners when resolving any financial queries.
- assist the project team with the handover of utility contracts on the purchase of a new asset.
- managing the accounts payable and payments cycle for all entities.
- screening of purchase invoices to determine whether they are addressed to the correct legal entity.
- preparation of employee expense reports.
- posting of invoices and tracking them through the approval process.
- ensuring invoices are within budget and allocated correctly.
- managing the payment process through online banking facilities.
- issuing remittance advices.
- preparation of sales invoices for project development management fees.
- debtor recoverability.
Profile
The successful Private Office Accountant will have the following credentials:
Professional qualifications: Must be CPA/ACCA/ACA/CIMA qualified or qualified by experience
Sector experience: experience in a family office or real estate and property management company is a plus
In addition, the individual will need to be able to multi-task, be pro-active, a self-starter and have excellent communication skills.
Job Offer
- Basic salary circa £75,000 to £85,000 (depending on experience)
- Private medical insurance/dental insurance
- Life Insurance 4x base salary
- Statutory pension scheme
- 23 days holiday rising to 25 days after 3 years of employment
- Corporate Gym on site
- Lunch subsidy
- Business travel insurance
- Hybrid working available
The Private Office Accountant also needs to be based locally to the office in central London.