Financial Accountant

4 weeks ago


London, United Kingdom AMS CWS Full time

we enable organisations to thrive in an age of constant change by building, re-shaping, and optimising workforces. Our Contingent Workforce Solutions (CWS) is one of our service offerings; we act as an extension of our clients' recruitment team and provide professional interim and temporary resources.
Real Estate Accountant
6 Month Day Rate Contract
hybrid working model , based 2 days a week in the London office.
Royal London is a financial services company with a difference. As the UK's largest mutual life, pensions and investment company, we're owned by our members and work for their benefit, not for shareholder profits. We've worked hard to become experts in our specialist markets, building a trusted brand - and our teams have plenty of awards to show for it. Whatever team you're interested in joining and whatever role you play, we'll help you to make a difference.
As a Real Estate Accountant you willsupport the Real Estate Fund Accounting Team in overseeing the accounting delivery for new real estate products, both already launched and planned to launch in 2024.
The team play a crucial role in oversight of the Real Estate Fund Accounting activities across various TPAs and Managing Agents. The Real Estate fund accounting function sits within the Fund Accounting Oversight Team.
From an accounting and operational perspective, contribute to the technical set up and development of the real estate business through new investment structures like JPUTs, Limited Partnerships, Private REITs, SPVs and future JVs.
Provide support in the on-going design of Operating Models and Valuation process for existing and new alternative real estate funds e.g. Oversight of outsourced fund accounting activities in relation to real estate funds at third party administrators
Involvement in projects for transition of fund accounting service between third party administrators
Assist in the review and sign off, of quarterly management and financial accounts for real estate funds
Monitoring all major transactions by the Property Manager and Asset Manager to ensure they are they are recorded and accounted for accurately by the third party administrator.
Provide assistance during the course of fund audits and the reports and accounts production
Continuously review associated internal and external processes in order to improve efficiency, control and to reduce risk (managing risk within firms appetite).
Stakeholder management is a crucial component of the role and this role will coordinate with front office teams, sales, marketing and other relevant parties (both internally and externally) to ensure operational support is provided/available.
To contribute to the successful delivery of agreed reporting requirements in accordance with client service level agreements and regulatory framework.
Proven experience as a real estate accountant or similar role.
In-depth knowledge of accounting principles, practices, standards, laws, and regulations specific to the real estate industry.
Experience with financial reporting, budgeting, forecasting, and variance analysis for real estate properties.
Understanding of property management operations and real estate development processes.
Ability to adapt to changes in accounting standards and regulations affecting the real estate industry.
This client will only accept workers operating via an Umbrella/PAYE engagement model.


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