Financial Accountant - Commercial Real Estate. OUR CLIENT are an established UK focused real estate investment and development group who have instructed us to help them recruit a Financial Accountant for their commercial development function. This is an excellent opportunity for a qualified and experienced Financial Accountant to join a dedicated finance team, taking responsibility for reporting on certain entities which fall under the remit of the Development Finance and Accounting team.
THE ROLE RESPONSIBILITIES of the Financial Accountant - Commercial Real Estate 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 and SKILL 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 to grow
- Pension, health- life insurance
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