1. Highly Successful and Growing business in the Property Industry
2. Brand new role that you can mould and develop
About Our Client
Our client is a Successful and Growing Property & Real Estate business that manages portfolio's of property companies.
Job Description
As the Financial Controller (Xero) based in Richmond your key responsibilities will include:Client Accounting & Portfolio Management
3. Lead the accounting function for three major property clients, each with multi‑million‑pound assets.
4. Prepare monthly, quarterly, and annual P&L statements for each company and assets
5. Conduct detailed P&L analysis, identifying variances, cost allocations, performance trends, and opportunities.
6. Manage cashflow forecasting and reporting for each asset monthly.
7. Ensure accurate financial set‑up when onboarding new assets or acquisitions into client portfolios.
VAT & Compliance
8. Manage all VAT returns and ensure full compliance with property‑related VAT rules.
9. Apply correct VAT coding, especially for complex real‑estate transactions, service charges, and tenant billing.
10. Liaise with external auditors and tax advisors when required.
Service Charge Accounting
11. Prepare annual Service Charge Budgets, ensuring all expenditure is correctly allocated to the right nominal codes.
12. Complete Service Charge reconciliations and respond to auditor queries.
13. Ensure transparency and accuracy in service charge cost recovery.
Acquisitions, Disposals & Investment Support
14. Prepare completion statements for multi‑million‑pound acquisitions/disposals (e.g., £10m+).
15. Allocate forward rent, deductions, apportionments, and all financial adjustments accurately.
16. Support investment analysis including reviewing tenancy agreements, forecasting yields, and assessing financial performance of assets under consideration.
Team Leadership & Process Management
17. Line‑manage Accounts Payable and Accounts Receivable team members (2 direct reports).
18. Oversee AP/AR cycles, supplier payments, tenant receipts, and reconciliation processes.
19. Maintain strong financial controls, ensuring accuracy, compliance, and integrity of records.
20. Continuously improve accounting processes, reporting, and financial systems.
Systems, Reporting & Analytical Skills
21. Produce high‑quality financial reporting packs for clients.
22. Ensure all data is accurate within property management systems and accounting software.
23. Demonstrate strong Excel skills, including formulas and data reconciliation
24. Experience using the Xero system
Rent, Tenant Billing & Property OperationsWorking with the Property Team on the following
25. Manage billing schedules for clients and assets industrial assets.
26. Ensure every tenant is billed correctly and charges and rents are collected on time.
27. Oversee payment runs including property payroll and supplier payments.
28. Partner with the Property Team on rent reviews, lease events, and tenancy changes.
29. Monitor arrears and support credit control actions where require.
The Successful Applicant
* Extensive accounting experience either from industry or an accountancy practice* Experience in the Property Industry is desirable but not essential* Strong Excel skills* Xero experience* Knowledge of Xero add-on tools, such as Dext is desirable but not essential* Strong cashflow management experience* Experience with service charge reconciliation desirable but not essential* Experience performing VAT returns* Strong level of numeracy and mathematical ability* Relevant qualifications for level of employment (ACCA or equivalent)* Understanding of UK property-related VAT issues (option to tax, partialexemption) desirable* Ability to support senior management with financial reporting and insights.* Ability to communicate clearly and professionally, both internally and externally* Strong attention to detail* Ability to manage own time effectively and prioritise workload* Willingness to learn new skills and develop knowledge* Good oral and written skills
What's on Offer
£65,000 - £70,000 the client might flex to £75,000 for a candidate that is an excellent fit
30. Hours: 9am - 5:30pm Monday to Friday
31. Hybrid Working - Minimum 4 days a week in office
32. Holiday: 25 days holiday + bank holidays
33. Pension contribution 3%
34. Private health care