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Property Accountant

Cobalt Recruitment
Job LocationLondon
EducationNot Mentioned
Salary£65,000 - £69,000 per annum
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent , full-time

Job Description

Property Accountant£65,000 p.a. plus bonus Hybrid, Central LondonWe are partnered with one of the largest real estate investment managers globally in their search for a Qualified Property Accountant to join their growing finance team in London.The Property Accountant will be responsible for the accounting of a growing pan-European portfolio of various real estate asset classes including industrial and student housing. This is an exciting opportunity to join a multi-billion investment manager thatacquires, develops, and manages properties all over the world and be part of a thriving team. They offer excellent benefits and perks and you will be working in their impressive brand-new offices in Central London.Responsibilities include:

  • Responsible for all bookkeeping of allocated investments/portfolios
  • Responsible for accounts payable of allocated investments/portfolios. Manage approval of invoices, ensuring costs are in line with budget and purchase orders
  • Assist in drawdowns from investors and lenders and other development finance related tasks
  • Assist in cash flow reporting process and monitoring costs against budget
  • To provide an internal control function and to ensure that proper budgetary controls are enforced throughout the investment life cycle
  • Supporting the Finance Director and other members of the investment and asset management teams, building a relationship, and working with our JV partners and property managers finance functions
  • Co-ordinate responses to audit queries where applicable
Key requirements:
  • Excellent academics, including ACA/ACCA/CIMA qualification
  • Relevant experience, preferably with a private equity firm, real estate investment manager or an accountancy practice working with property clients
  • Experience in XERO is required
  • Understanding of the commercial aspects of Real Estate and how that ties into finance - awareness of capex/development monitoring, property manager functions, Real Estate debt, tax etc
  • Good communication skills, excellent attention to detail, flexibility and a proactive mindset to adapt to an entrepreneurial business environment is important
If this is of interest to you and you meet the requirements, please apply with an up-to-date CV ASAP to secure an interview!

Keyskills :
acca; aca; cima; property accounting; xeroreal estate; financial statements; development finance

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