Head of Finance - Real Estate - London

Head of Finance - Commercial. Our Client, is a well-established owner/investor property firm investing in commercial and residential real estate across London and the UK. They have acquired assets across multiple sectors including retail, leisure, residential, multi-let and hotels. The Group has an established long-term portfolio under management and further aspirations to grow the portfolio, with a range of new investment requirements and an appetite to attract new property management instructions. They now require a Head of Finance to manage a team of 3 people.

The Roles fundamental tasks and responsibilities may include, but not be limited to the following:

• Leading the Property Management Accounts department of 3.
• Managing the overview of all tasks and responsibilities of the accounts team, all KPI's and ensuring that internal and external client related deadlines are met.
• Compliance with procedures. Review and revision of procedures.
• Reviewing and preparing the management reports and cashflow forecasts monthly/quarterly/annually.
• First point of contact to the group's chief accountants and other external clients. To navigate and communicate with all parts of the business as required.
• Regular Analysis and reporting of portfolio aged debt and corporate fee collection. Coordinating the parties required to service these items.
• Overview of the core accounting functions:-

1. Quarterly / six monthly client statement packs
2. Quarterly / monthly VAT returns, acting as VAT Agent
3. Bank reconciliations
4. Cash collection and management from tenants
5. Accounts Payable function with regular automated payment runs
6. Service charge reconciliations
7. Service charge void payments
8. Yearly & quarterly cash flow forecasting
9. Lease database management

• Preparing Asset Management cashflow modelling and forecasting for a shopping centre. Owned via three separate Titles. Liaising with property managers and asset managers to maintain and update a 2 year cashflow model.
• Preparing Asset Management cashflow modelling and forecasting of a City Centre office fund (UK Client Accounts). Comprising 4 SPV companies with separate rent and service charge client accounts.

The Person: To apply YOU MUST be a qualified Accountant (CIMA/ACCA/ACA) who has experience of managing real estate finance teams. Experience of delivering excel based financial modelling is essential and you will have good double-entry bookkeeping experience as well as property/service charge accounting experience preferably from a commercial property background and have excellent systems experience (QUBE/YARDI/TRAMPS).

This is a great opportunity for someone to take on the responsibility of managing a small team and ensure the running of the finance department is smooth. The client are offering hybrid working (2 days from home/3 in the office) plus good bonus.

OUR SPECIALISM

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.

OUR APPROACH

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.

CONTACT US

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.