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Our Client - Is an established and prestigious property developer who are well recognised for their unique and high-end developments. They have solely instructed us to help them recruit this key hire – of a Project Accountant with strong analytical skills.
The Role of the Project Accountant will involve sole responsibility and full delivery of accounting processes and related appraisals and analysis for a new mixed-use £multi-million+ 'flagship' development. Reporting to the CFO, the duties will include:
Financial Modelling, Accounts and Reporting:
Managing the monthly, quarterly, and annual reporting timetable.
Preparing monthly management accounts and Profit and Loss and balance sheet.
Reviewing incurred project expenditures and overseeing the allocation of project expenses throughout the development.
Identifying and reporting continuous improvement initiatives in relation to the project accounting processes and systems.
Liaising with the project owners as required to complete any project accounting activities.
Liaising with auditors/ valuation team.
Coordinating with administrators and accountants with teams in Luxembourg and UK.
Preparing forecasts and budgets.
Tracking actuals versus budgets, any variance resulting from this.
Preparing cost inputs to include in project model for investment appraisal purposes.
Reporting on development project costs within agreed timetables.
Effectively communicating with JV partners and stakeholder and Business Unit Managers and any outside contractors including any other third parties.
Managing development costs approval, payments runs and drawdown process from funders.
Monitoring payments made against the latest cash flow forecast and requesting loan drawdowns from funding partners.
Approving all purchase invoices and arranging for payment.
Overseeing project bank accounts and reconcile on a regular basis.
Tax and Compliance:
Completing quarterly VAT Returns and managing the tax compliance throughout the structure.
The Person - To apply it is likely that you will be ACCA / ACA or CIMA qualified with a working knowledge of US GAAP and IFRS – and you will possess excellent financial modelling and Excel skills as this is a critical core competency for the role – You will also be able to demonstrate previous exposure to the real estate sector - specifically of working on development projects. The preferred candidate must also be a good communicator with solid interpersonal skills as position will involve liaising at all levels within the company and JV partners and have a good eye for detail and a solid ability to organise. This is an excellent opportunity to join a fast paced and growing business.
Based in Mayfair in London, Trident are a specialist, boutique real estate recruitment consultancy who identify talent in property, finance and accounting.
As a market leader we offer innovative, flexible and tailor made holistic solutions to the global real estate markets.
Established for 25 years and with over 75 years of experience at partner level, we are a consultancy with the breadth and depth of knowledge of the various trends facing the property industry, so essential in the light of continuing changes in global real estate, private equity and fund management.
We believe in working in the capacity of partner with both candidates and clients alike, working in synergy with them and growing organically, acting with ethical integrity every step of the way. A proven consultancy, driven by the changing market, who can add real value, both vertically and strategically and who are able to make a real difference by identifying real talent.
We can offer both global and local market expertise and successful solutions for unique, complex and difficult recruitment remits. Our team of experienced consultants can not only help identify your next career move and challenge but also offer objective consulting opinion and guidance on interviewing, market trends and salary benchmarking.
If you are looking for a new job or a career change within the real estate sector - Trident are always keen to hear from quality candidates, both from the property industry and other sector disciplines, ready to rise to a new career challenge. Our service to candidates is based on professionalism, a dedication to understanding your career needs and total confidentiality and discretion.
Internal Number: 6353763
About Trident International Associates
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