Management Accountant - Property

Job Description

This role is based 5 days a week in our Shirebrook HQ

The Role:

As a Management Accountant within our Property Finance team, you'll play a key role in managing and controlling costs across one of Europe's largest retail property portfolios.

Working closely with our Property and Finance teams, you'll be responsible for analysing and reporting on leasehold and freehold property costs across the UK and Europe. This includes rent, business rates, service charges, utilities and other occupancy-related costs across a diverse portfolio of stores, offices and distribution centres.

You'll support the month-end process, prepare balance sheet reconciliations, maintain accruals and prepayments, and investigate variances to ensure costs are accurately recorded and understood. This is a highly analytical role requiring someone who enjoys working with large data sets, identifying anomalies and taking ownership of issues through to resolution.

Alongside delivering accurate financial reporting, you'll partner with stakeholders across the business to provide insight into property expenditure, challenge unexpected costs and support ongoing process improvements within a fast-paced and continually evolving retail environment.

Key Responsibilities:

• Manage and analyse leasehold and freehold property costs across the UK and Europe.
• Prepare accruals, prepayments and journals as part of the month-end process.
• Complete balance sheet reconciliations and investigate outstanding items.
• Analyse variances in property costs and provide meaningful commentary on key movements.
• Review and challenge rent, rates, service charge and utility costs to ensure accuracy.
• Maintain large property datasets and produce regular reporting for key stakeholders.
• Partner with Property, Finance and external providers to resolve issues and improve processes.
• Take ownership of queries through to resolution, ensuring costs are allocated and reported correctly.
• Adhoc reporting tasks as required

Qualifications

What we're looking for:

Studying towards or part-qualified ACCA, CIMA or ACA, or fully qualified AAT Level 4 (Candidates applying with an AAT qualification must be able to demonstrate experience of accruals, prepayments, balance sheet reconciliations, debits and credits, and month-end accounting activities)

Aswell as:

• A minimum of 1 year's practical accounting experience within a finance role.
• Experience supporting month-end processes, including the preparation and posting of journals.
• Proven experience preparing and posting accruals and prepayments.
• Experience completing balance sheet reconciliations and investigating outstanding reconciling items.
• Understanding of key accounting principles, including debits and credits and the correct allocation of costs across accounting periods.
• Strong Excel skills, including Pivot Tables, VLOOKUP/XLOOKUP and working with large data sets.
• Ability to work independently, take ownership of issues and see them through to resolution.
• Strong attention to detail with the confidence to challenge unusual costs or transactions.
• Excellent organisational skills with the ability to manage multiple priorities and deadlines.

Desirable

• Experience within a multi-site, retail or property environment.
• Experience working with leasehold and freehold property costs.
• Exposure to rent, business rates, service charges, utilities or other occupancy-related costs.
• Experience using Microsoft Dynamics 365.
• Exposure to management accounts preparation and variance commentary.

Additional Information

Along with your benefits package we also offer a wide range of perks for our colleagues: 

Frasers Champion - Our employees are at the heart of our business and we ensure individuals are recognised every single month for their hard work. Frasers Champion is a peer nominated scheme where 8 winners will receive double their pay for a month where they have lived the Frasers Group values.  

Retail Reconnect - In order to build the planets most admired and compelling brand ecosystem, all employees must understand our business, product and customers. Each financial year, head office employees will gain insights by spending one to two days in one of our stores or the warehouse. The goal is to learn how the work you do impacts our teams on the frontline, and to bring ideas back to the office which will improve how we work. 

Fearless 1200 - Fearless 1200 is our way of recognising our growth. It’s bold, ambitious, and designed to reward colleagues across the business for living our values and delivering impact. Fearless 1200 links how we perform to how we're rewarded – check out the video link to find out more - https://www.youtube.com/watch?v=O0qmvJofMew  

Employee Welfare 

Frasers Fit - Our Everlast Gyms Team are on a mission to make our workforce the best, and fittest on the planet! We run free gym classes for employees as well as discounted memberships to our clubs. Frasers Fit is our wellbeing programme which aims to support and improve colleagues Physical, Financial & Mental wellbeing. The app is accessible for every employee and includes training, nutrition and lifestyle advice- all completely free. 

Retail Trust - We know that its not just about physical health, mental wellness is equally important which is why all of our employees get free access and support from the Retail Trust charity. This includes a 24 hour wellbeing helpline, wellness hub, counselling and financial/legal support. 

What’s next? 

Our Recruitment Team will be reviewing applications and all candidates will receive a response, whether you are successful or unsuccessful. Shortlisted applicants may be asked to confirm a few key details before being booked in for a first stage interview with the Recruiter - this will be behaviourally focussed and centred around how you align with our Culture and Values. If successful we anticipate one or two further interview stages with the Hiring Manager/wider team which will be more technically focussed and could include a presentation/task so we can see your skills in action.