Financial Accountant - Real Estate London, England
Job description
About Federated Hermes;
Federated Hermes, Inc. is a global leader in active, responsible investment management, with $701.0 billion in assets under management, as of March 31, 2023. We deliver investment solutions that help investors target a broad range of outcomes and provide equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies to more than 11,000 institutions and intermediaries worldwide.
Our clients include corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. Headquartered in Pittsburgh, Federated Hermes has more than 2,000 employees in London, New York and offices worldwide. For more information, visit FederatedHermes.com.
Main Function of Role:
The jobholder will have responsibility for financial, management and performance reporting, as well as coordinating all operational and accounting aspects for the MEPC joint venture vehicles.
They will also assist on reporting for direct and indirectly held Real Estate assets within the group
What are the core skills and knowledge required:
While the core key tasks and responsibilities are noted below, over time there will be opportunities for growth and to assume greater responsibility within the team, assuming the desire and capability is there.
- Maintenance of property and fund accounting records to include book keeping entries and regular bank and balance sheet reconciliations. • Preparation of quarterly management accounts, annual financial statements and financial analysis for investment structures and joint ventures. • Preparation of annual financial statements and control of the year-end audit process, ensuring that timetables are adhered to and that information and explanations are provided to the auditors. • Preparation of VAT returns and reconciliations. • Preparation of CIS returns. • Cash management including monitoring of liquidity and regular capital calls and distributions to investors. • Preparation of data submission to index provider for calculation of fund performance. • Collaborating with internal and external stakeholders including investment managers, property managers, tax advisors, depositary, group finance, auditors and company secretary. • Communicating with and assisting the Investment Management team and external lawyers on transactional based activities, including taking a primary role in any property acquisitions/disposals. • Reviewing monthly information received from property managers, querying inconsistences and assisting in providing oversight. • Providing financial analysis and support for investments decisions, commercial transactions and tenancy options. • Monitoring fund mailbox and responding to investor queries and requests including disseminating regular investor reporting. • Reviewing invoices to ensure accurate recording and correct accounting. • Responding to information requests and ad-hoc queries from internal and external stakeholders. • Adhere to the FCA’s Conduct Rules, understanding that they set basic standards of good personal conduct.
- Excel knowledge is essential. You should be comfortable with manipulating and analysing financial information and performance data using the most appropriate tools and functions available. • Experience of working to tight deadlines and handling multiple deadlines. • Understanding of key legal and company secretarial elements of the investment process.
Candidate Profile:
- Organised with the ability to handle multiple priorities effectively • Accurate, methodical and self-disciplined • Well-developed accounting acumen • Highly numerate and literate with good analytical skills • Computer literate, particularly in the use of Microsoft Excel • Effective and diplomatic communicator • Problem solver who uses initiative • Able to work and remain calm under pressure • Supportive team player • Able to build effective inclusive working relationships with team members and other stakeholders
We're looking for the best, whoever they are:
We believe in equal opportunities for all and aim to ensure that no current or prospective employee is treated less favourably on the basis of their gender, race, ethnicity, religion or belief, gender identity or expression, marriage or civil partnership, pregnancy and maternity, age, sexual orientation, or disability.
We welcome applications from all eligible candidates, and we particularly encourage applications from eligible candidates from a Black, Asian and Minority Ethnic background, as these groups are underrepresented throughout the financial services sector.
If you would like to request a reasonable adjustment to the application and/or interview process (in line with the Equality Act 2010), please speak to your Recruitment Consultant or contact Federated Hermes Limited directly at [email protected]
Job Type: Full-time
Benefits:
- Work from home
Schedule:
- Monday to Friday
Supplemental pay types:
- Bonus scheme
Work Location: In person
Reference ID: Financial Accountant - Real Estate
