Financial Accountant - Real Estate

Financial Accountant - Real Estate. OUR CLIENT are an established real estate investment group and family office who have instructed us to help them recruit a Financial Accountant. This is an excellent opportunity for a qualified and experienced Financial Accountant to join a small and established London-based team taking responsibility for reporting on certain entities which fall under the remit of JV Accounting team.

THE ROLE RESPONSIBILITES of the Commercial Real Estate Financial Accountant are:

• Liaising with JV partners for approvals and updating them on a regular basis.
• Preparing management accounts for various JV entities on a quarterly basis within timescales agreed with Finance Director.
• Preparing statutory accounts for certain UK companies.
• Reviewing rent arrears on regular basis to ensure rents received.
• Reviewing leases to ensure lease terms are reflected on system accurately.
• Reviewing bank reconciliations prepared by team administrators.
• Maintaining a control of interest receivable by ensuring that all interest is correctly calculated and posted on the ledgers.
• Reviewing loan interest calculations prepared by banks for accuracy.
• Monitoring development projects against agreed budgets.
• Ensuring processing of raw data for allocated companies is timely and efficient by liaising with team.
• Assisting with the improvement and implementation of new processes.
• Preparing Audit files and working papers including tax computations.
• Preparing monthly VAT/CIS Returns.
• Assisting with preparation of management information as required.
• Undertaking ad hoc projects when necessary.

THE PERSON REQUIREMENTS:

• Must be a qualified accountant (preferably ACA/ICAEW).
• Experience of Real Estate finance/development is highly desirable.
• Practical ability to understand various tax matters specific to the Real Estate sector (VAT/CIS/Corporate Tax/SDLT etc.)
• Good technical ability to deal with accounting issues - mostly under FRS102.
• The ability to think commercially/strategically and to suggest improvements.
• Able to identify opportunities for improving overall efficiency.
• Excellent communication, time management and organisation skills.

BENEFITS:

• Good work-life balance.
• Established and expansive supportive team.
• Plenty of scope.