Senior Property Accountant

- Alternative Asset Manager

- London (Hybrid)

- Permanent

We are excited to be supporting the real assets division of a global investment manager to secure an experienced property accountant. the firm focuses on investments into a range of sectors such as Logistics, Industrial, Residential, Office Space and Life Sciences with c.$30bn AUM.

This newly created role has arisen due to the continued growth of the UK portfolio and will take ownership of the financial control and reporting for a cluster of properties in the portfolio.

Key Responsibilities,

• Review of tenant invoices raised by the Accounts Receivable team on the MRI accounting system.
• Reviewing the AR report in conjunction with the UK property managers and our internal accounts receivable team on a weekly basis to ensure that debts are being paid.
• Approving UK/Holdco property/company related invoices on our Nexus invoice approval system.
• Reviewing the AP report on at least a monthly basis to ensure that it remains clean and that any credit items are followed up (supported by our internal Accounts Payable team).
• Ensuring UK/Holdco bank reconciliations are signed off on a monthly basis within five working days of month end (in conjunction with booking support from our cash management team).
• To book the UK acquisition funds flows into the MRI accounting system.
• Preparation of quarterly reporting including accruals and prepayments for UK properties.
• Performing monthly closing and quarterly preparation tasks in order to ensure a quick close at quarter end.
• Working with advisors to ensure Financial Statements and tax returns are submitted on time. Ensuring progress is tracked clearly and final outputs are recorded on the system.
• To review the cash balances of the UK/Holdco entities, recommending and facilitating quarterly interest payments and dividends while considering working capital and capex requirements.
• To resolve queries/issues on the UK/Holdco portfolio, for example working closely with teams such as the debt team and the development team in order to do so.
• To respond to audit queries on the UK/Holdco jurisdiction.
• To train and coach junior staff to ensure accuracy of booking and minimal errors.
• Other ad hoc tasks and projects

Required Experience,

• Experienced property accountant with at least 3 years accounting experience.
• Accounting qualification desired but not essential
• Experienced in the use of IT systems and excel (MRI experience a plus).
• Able to communicate and work effectively with people with a wide variety of skill sets and of all levels of seniority. Interpersonal skills are key.
• Must be a dynamic, focused individual who can adjust to working in a highly entrepreneurial but professional environment.
• Well organized. Excellent attention to detail paramount and ability to work under time pressure.
• 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.