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Accounts & finance assistant (real estate)

Manchester
Adanola
Finance assistant
Posted: 8 June
Offer description

ACLO Assets Limited is a growing property investment business focused on the purchase and rental of residential and commercial properties. We are seeking a proactive, detail-oriented Finance Assistant to take ownership of the day‑to‑day finance function and support the wider finance team in delivering accurate, timely financial management across our portfolio.


Key Responsibilities


Cash Collection & Rental Income

* Monitor rental income collection, follow up on arrears, and maintain accurate tenant ledgers
* Reconcile receipts against tenancy schedules and produce aged debtor reports for senior management
* Liaise with letting agents and property managers to resolve payment discrepancies promptly


Accounts Payable & Supplier Payments

* Review, code, and post supplier invoices to the correct cost centres, matching against approved POs
* Manage end‑to‑end payment runs, ensuring suppliers are paid accurately and on time
* Reconcile supplier statements and oversee the correct allocation of utility and property‑related expenses


Management Accounts

* Assist in preparing monthly management accounts including journals, accruals, and prepayments
* Conduct variance analysis against budget and prior period, providing clear commentary
* Support the Senior Management Accountant with board‑level reporting and year‑end close


VAT Returns & Statutory Compliance

* Prepare and submit quarterly VAT returns within HMRC deadlines, applying correct property VAT treatment including Option to Tax
* Maintain audit‑ready records and liaise with external accountants on year‑end accounts and statutory filings


Cash Flow, Budgeting & Property Finance

* Prepare and maintain cash flow forecasts, support the budgeting process, and track actuals against budget
* Reconcile property and tenant deposit accounts, manage service charge allocations, and maintain property‑level P&Ls


Systems, Controls & Stakeholder Liaison

* Maintain accurate records in NetSuite, ensuring full audit trails and adherence to internal controls
* Identify and support improvements to financial processes and systems
* Act as a key contact for property managers, letting agents, legal and external accountants


Skills, Knowledge and Expertise

* Previous experience in a finance or accounts assistant role
* Part Qualified accountant CIMA/ACCA/ACA or equivalent
* Experience with accounting software (Oracle NetSuite desirable)
* Proficient in Microsoft Excel
* High attention to detail and strong organisational skills
* Ability to manage multiple tasks and meet deadlines
* Experience is property of real estate desirable
* Knowledge of landlord/tenant accounting practices
* Understanding of VAT and property related tax considerations
* Proactive and self‑motivated
* Strong communication and interpersonal skills


Benefits

* Hybrid working environment 3 days in the office
* Exposure to end‑to‑end financial management of property assets
* Supportive and collaborative working environment
* 5% Company pension
* Discretionary bonus scheme


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