Property Accountant - 12 month FTC

Property Accountant - 12 month FTC

West End

Cobalt are working with a highly prestigious and well respected commercial real estate developer who are on the hunt for an experienced Property Accountant to join an accounts team of over 15 people.

Main focus: liaising with the site team and surveyors to oversee the financial control of a portfolio of commercial properties such as retailers, retail parks and industrial developments across the UK and reporting directly to the Financial Controller.

Duties:

• Management of all financial matters affecting the properties.
• Produce month end management accounts, including VAT, bank and control account reconciliations.
• All balances understood monthly, specifically the rent, service charge and direct recovery funds
• Cashflow management for each property to ensure suppliers can be paid.
• Service charge compliance review
• Raise income demands in accordance with internal timetables.
• Actively seek improvements to the procedures within the department.
• Issues resolved or escalated on a timely basis
• Provide ad hoc reports and help set up new sites as required
• Work with the property accounting team and wider finance team, to achieve departmental targets and deadlines
• Prepare quarterly accounts for the management companies and reconcile any differences.
• Liaise with the accounts payable team and the property accountant's team to resolve any outstanding service charge void invoices.
• Produce the year end accounts and manage the service charge review process to ensure service charge packs are issued on time.
• Support the site teams and surveyors providing financial guidance including quarterly service charge reviews, mid-year forecasts and ad- hoc queries.
• Provide financial support to new initiatives and commercial projects
• Assist with the production of the annual service charge budgets in accordance with RICS guidelines.
• Assist with any occupier queries.
• Support with ad-hoc reports as required.

Requirements:

• Property accounting experience both within rent and service charge
• Ability to communicate confidently with accountants and non-accountants.
• Comfortable taking on responsibility, whilst being effective working collaboratively.
• Quick learner, process improvement mindset, with strong problem-solving skills.
• Excellent IT skills- excel and word and ideally Qube or similar systems

Benefits:

• 25 days holiday plus shutdown between Christmas and New Year
• Private Medical Insurance
• Pension Contribution
• Employee Assistance Programme