Property Accountant

London, England, United Kingdom

12/27/2024

­ Job title: Property Accountant

Department: Finance Property Management

LOCATION: York House, London

REPORTING TO: Financial Controller

TYPE OF CONTRACT: Permanent

PLACES, PEOPLE, PREFER

Our purpose is to create and manage outstanding places which deliver positive outcomes for all our stakeholders on a long term, sustainable basis.

We are a FTSE 100 business with a strong balance sheet and £13bn of assets under management. But with just 600 employees you’re given the ability to make a big impact and elevate your career quickly.

Our diverse, passionate team of experts works on some of the most ambitious, innovative and sustainable projects in the country – from our high-quality campuses across central London, to some of the top retail schemes in the UK – providing a rewarding career journey where you can shape how you grow.

We believe in shared success and enabling people to be themselves. If you want to feel listened to and understood in an environment where your opinions count and bright ideas are encouraged, you’ve come to the right place!

In our recent engagement survey 93% of our employees stated they were proud to work for British Land!

THE ROLE

We are looking for a motivated and numerate individual to join British Land’s property accounting team of c.20 people. Your responsibilities will include overseeing highly desirable properties and reporting directly to our property management financial controller. The ability to work effectively with various stakeholders across the business, including the site team, surveyors and wider finance team is key to the role.

What You’ll Do

Day to day property accounting

• Manage of all financial matters affecting the properties.
• Produce month end management accounts, including vat, bank and control account reconciliations.
• All balances understood monthly, specifically the rent, service charge and direct recovery funds
• Cashflow management for each property to ensure suppliers can be paid.
• Service charge compliance review
• Raise income demands in accordance with internal timetables.
• Actively seek improvements to the procedures within the department.
• Issues resolved or escalated on a timely basis
• Provide ad hoc reports and help set up new sites as required
• Work with the property accounting team and wider finance team, to achieve departmental targets and deadlines
• Prepare quarterly accounts for the management companies and reconcile any differences.
• Liaise with the accounts payable team and the property accountant’s team to resolve any outstanding service charge void invoices.
  
  

Supporting the surveying and site teams

• Produce the year end accounts and manage the service charge review process to ensure service charge packs are issued on time.
• Support the site teams and surveyors providing financial guidance including quarterly service charge reviews, mid-year forecasts and ad- hoc queries.
• Provide financial support to new initiatives and commercial projects
• Assist with the production of the annual service charge budgets in accordance with RICS guidelines.
• Assist with any occupier queries.
• Support with ad-hoc reports as required.
  
  

About You

• Property accounting experience, including RICS service charge
• Ability to communicate confidently with accountants and non-accountants.
• Comfortable taking on responsibility, whilst being effective working collaboratively.
• Quick learner, process improvement mindset, with strong problem-solving skills.
• Excellent IT skills- excel and word and ideally Qube or similar
  
  

OUR SHARED VALUES

our values are what we stand for at British Land, they’re not just a label on the door; they connect us every day to our vision, purpose, and strategy. They help us to promote an inclusive, positive, and collaborative culture. You can read more on our corporate website .

Bring your whole self

Listen & Understand

Smarter together

Build for the future

Deliver at pace

A REWARDING PLACE TO BE

Our People – Just ask anyone why they love working here and they will tell you it’s the people. They’re highly talented, passionate, and collaborative! We thank our people with rewards that feel rewarding; you can review our market leading benefits here .

OUR RECRUITMENT PROCESS

If you enjoy bringing your whole self to work, share our values and are excited about our purpose we’d love to hear from you! We are committed to providing an accessible and inclusive process learn more about our selection process here.

Please note that we endeavour to get back to all applicants within 28 days. If you haven’t heard from us within this period, please assume that you have been unsuccessful on this occasion.