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Development Project Accountant

Employer
psd group
Location
London
Salary
£55,000 - £65,000 plus bonus and benefits
Closing date
16 Jul 2019

Job Details

We are working with a well-established mixed-use property development business whose varied portfolio includes residential, retail and workspace properties. The business own a significant proportion of land in the South East & South West of England and have already been involved in a number of flagship developments. 

Due to continued growth, the Finance Director is now looking to add a capable Senior Accountant / Project Accountant to the team. He is looking for a dynamic and well-rounded individual who can add value to the finance team.  You will be responsible for a number of SPVs working alongside Development Directors, and reporting directly to the FD.

Responsibilities will include

  • Accounting and regular reporting for a range of projects and joint ventures, including reviewing information produced by JVs or other external parties
  • Liaising with joint venture, funding partners, external auditors and attending regular project team meetings
  • Monthly management accounts including accruals, prepayments, fixed assets
  • Responsible for development drawdowns, including equity and loan requests for development facilities and forward funded projects
  • Purchase invoices and VAT returns
  • Assisting Development Manager with cost reports and cashflows
  • Preparing appraisals for possible new developments
  • Updating existing appraisals
  • CIS reporting when necessary
  • Statutory accounts and preparation of annual accounts
  • Assisting with obtaining development finance for projects
  • Support with tax compliance, statutory and legal obligations

 

Candidate profile:

  • Commercial real estate experience with post qualified experience in the real estate industry
  • Good technical accounting knowledge in respect of real estate
  • Experience of producing statutory financial statements, including working papers for consolidated accounts
  • Understanding of different corporate structures, including LTD companies, LLPs, JVs and off shore structures e.g. Jersey & Luxembourg
  • IT savvy - MS Office and MS Excel is used for a lot of forecasting, Argus Developer – for appraisals and modelling and QuickBooks for accounting in the cloud

Company

psd has been recruiting real estate professionals for over 30 years and the team continues to operate at the heart of the sector resourcing senior management and Board level appointments in commercial & mixed use development, residential development, private equity and fund management, as well as affordable housing, PRS/build-to-rent, later living and student accommodation.

psd also focuses on infrastructure and renewable energy customers.

For more details please contact: Peter Hardy, Managing Director at peter.hardy@psdgroup.com or call +44 (0) 207 9701.

 

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