Management Accountant

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