Overview
A Management Accountant is sought for a thriving SME Property business. This role requires a high level of competence in accounting and finance, with a focus on property management.
Client Details
Our client is a SME family owned Property group. The group owns a substantial and diverse investment property portfolio c. £600M value, with the main departments covering Residential, Commercial, Legal and Finance.
Description
Management accounting:
· Oversee bank reconciliation work including new virtual client account for deposits
· Oversee reconciliation of external agent statements
· Quarter-end balance sheet reconciliations
· Preparation of quarter-end journals (data exported from Qube)
· Preparation of quarterly management accounts
· Sub-consolidations by asset class, with focus on residential portfolio
· Ad-hoc preparation and analysis of property P&Ls
· Periodic check on completeness of tenant recharges
· Preparation of commercial arrears reports for internal meetings
· Analysis of new lettings and renewals
· Monthly tenancy summaries
Covenant reporting:
· Assist with preparation of quarterly reporting for bank loan covenants
· Preparation of property reports (new leases / renewals / tenant breaks / rent reviews etc
· Periodic review of our EPC register
Statutory reporting and tax:
· Preparation of Corporation Tax analysis packs for our external tax compliance team
· Collation of information for capital allowance reviews
· Assist with provision of information to external auditors
Qube database:
· Once trained, act as one of a restricted number of database administrators
· Process “data change forms” from surveyors
· Review accuracy and uniformity of database
Systems / Longer term projects:
· Integration of complementary MRI Qube products
Profile
A successful Management Accountant should have:
Accountant (ACA or ACCA)
· Trained with a smaller firm of accountants, with experience extending beyond pure audit (i.e. accounts preparation, tax etc)
· 1-5 years post-qualification experience, either in practice or commerce
· Real estate experience / knowledge desirable but not essential
· Strong double-entry booking essential
· Strong Excel skills essential (pivots and lookups “second-nature”)
· “Hands-on” / “completer-finisher” approach
· Takes ownership of work
· Present financial information clearly and accurately
· Analytical mind, to review financials and identify errors, omissions and opportunities
· Confidence to challenge the status-quo, and recommend improvements to systems and processes
Job Offer
- An estimated salary range of £50,000 – £60,000 per annum
- Benefits to be confirmed
- A positive and professional work environment
- A chance to grow and progress within the property industry
