Property Accountant Specialist

7 days ago


London, Greater London, United Kingdom Cobalt Recruitment Full time
About the Role

We are seeking an experienced Senior Accountant to join our finance team in London. As part of this role, you will oversee the financial and reporting aspects of our UK property portfolio, including reviewing tenant invoices and collaborating with UK property managers.

Key responsibilities include:

  1. Reviewing tenant invoices issued by the AR team
  2. Collaborating weekly with UK property managers and the internal accounts receivable team to monitor debt payments
  3. Approving property-related invoices for UK/Holdco through the approval system
  4. Monthly review of the AP report to ensure cleanliness and follow-up on any credit items, supported by the internal AP team
  5. Ensuring monthly bank reconciliations for UK/Holdco are completed and signed off timely, with assistance from the cash management team
  6. Recording the UK acquisition fund flows in the accounting system
  7. Preparing quarterly reports, including accruals and prepayments for the properties
  8. Conducting monthly closing and quarterly preparation tasks for efficient quarter-end closing
  9. Preparation and review of statutory accounts, liquidity planning, budgeting for property and development
  10. Coordinating with advisors to ensure timely submission of financial statements and tax returns, tracking progress, and documenting final outputs
  11. Reviewing cash balances for UK/Holdco entities, recommending and facilitating quarterly interest payments and dividends while considering working capital and capex needs
  12. Liaising with internal and external teams (debt, development, audit) on any portfolio-related queries
  13. Training and mentoring junior staff
  14. Get involved in ad hoc projects for other European jurisdictions

Salary: Up to £70,000 per annum

Benefits:

  • Competitive salary plus pension
  • Annual leave 30 days per annum


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