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Grosvenor70 Grosvenor Street, London, W1K 3JP- Full-time
We think this is a special place to work. So, before we get into the detail of this job opportunity, here’s a few words about who we are and what’s important to us.
is an international organisation whose activities span urban property, food & agtech, rural estate management and support for philanthropic initiatives. We’re united by a common goal to deliver lasting commercial, social and environmental benefit.
We may have 340 years of history, but we are firmly focused on the future. From progressive environmental action to being at the forefront of community engagement, we work with purpose and embrace change. So diversity of thought and fresh perspectives really matter to us. We want our people to bring everything they are to work. Their life experiences, their knowledge, their unique take on challenges and solutions.
Well, there is plenty to talk about. It’s purposeful, whether that’s innovative ways to tackle the climate crisis or engaging meaningfully with local communities. It’s commercial and ambitious, which you’ll see in our transformational development projects and diverse investment pipeline. It’s sociable, in our buzzing café and at our many events. It’s challenging, varied and supportive : contributing to inclusion and innovation is part of everyone’s personal goals here. We also enjoy a flexible work environment and, because it’s a family business, we like to think we are a little less corporate too.
Interested? Then take a look at the job details below. We’re looking for someone who wants to build a brilliant career at Grosvenor and we look forward to receiving your application.
About Grosvenor
Grosvenor is an international organisation whose activities span urban property, food & agtech, rural estate management and support for philanthropic initiatives.
We develop, manage and invest to improve property and places across many of the world’s leading cities. In the food & agtech sector our growing investment portfolio includes some of the industry’s most innovative businesses working towards a better food system. We manage rural estates and their environmentally sensitive habitats, while supporting charitable initiatives targeted at vulnerable young people.
We are a values-led organisation which represents the Grosvenor family and share a common purpose – to deliver lasting commercial, social and environmental benefit – addressing today’s needs while taking responsibility for those of future generations.
At Grosvenor, we seek to recruit and develop people who share our values of integrity, respect and trust, and have the skills and ambition to help us successfully deliver our strategy. We live up to our promises, build lasting relationships with our partners and work closely and responsibly with local communities.
Purpose of role
The Finance Centre is Grosvenor’s UK centre of excellence for financial reporting and control. Within this framework, the Reporting team manages the UK Urban Property business and wider Group internal and external reporting requirements. Collectively these businesses manage c.£11bn of assets and c.£6bn of Grosvenor’s equity, deployed internationally across development and investment activities.
The London Estate Management Accountant will play a key role in the delivery of accurate, timely and well controlled accounting for the LE portfolio. The role will also be involved in accounting for London Estate portfolio transactions such as acquisitions and disposals as well as reviewing monthly accruals and prepayment. This feeds into the London Estate financial reporting which provides senior leaders with the insight and understanding to inform decision making and enhance business performance.
The successful candidate will be responsible for the reporting of parts of the London Estate residential, retail, office, and hotel assets. The portfolio constitutes c.£3bn of the wider London Estate portfolio, consisting of c.£5bn assets in total across Mayfair and Belgravia. This is an excellent opportunity to develop knowledge and skill in a large multi-sector property business and work as part of an enthusiastic, high performing team.
Key responsibilities
Year to date monthly reporting (by location and district) and other management reporting as required by the stakeholders.
Contributing insightful and commercially driven commentary on the year to date results for the district and location reporting.
Developing strong working relationships with the Asset Managers and Management Surveyors.
Reconciliations of balance sheet accounts and maintain financial controls.
Preparing subsidiary statutory accounts for London Estate entities and liaising with auditors.
Assist the UK Reporting Manager with the preparation of property movement analyses on a monthly and year-end basis.
Preparing ad hoc reporting and analysis to facilitate informed decision making.
Follow agreed processes and identify ways to improve processes, enhancing accuracy and efficiency.
Improve the effectiveness of the team’s use of the financial reporting systems and share knowledge with other Grosvenor teams.
Keep up to date with changes in accounting standards.
Key relationships
Work closely with the UK Reporting Manager and Senior Management Accountant (Trust) in the delivery of the monthly, quarterly and year end reporting cycles.
Develop a strong working relationship with the finance business partnering team to ensure strong communication of the year to date results to inform their forecasting and budgeting processes.
Liaise with the location and district Asset Managers and Management Surveyors in order to provide them with insightful financial reporting to inform their commercial decision making.
Essential requirements
Qualified accountant (ACA, ACCA, CIMA or equivalent)
Highly diligent with a keen eye for detail
Track record of working with large data sets
Desirable requirements
In addition to the essential requirements, the following are desirable in prospective candidates :
A keen interest in the property industry
Some post qualified experience, preferably in industry
Advanced excel skills, and experience using accounting software (e.g. Yardi Voyager, Cognos, Caseware)
Track record of delivering high quality reporting to deadlines
Highly effective written and verbal communication with clarity and simplicity
Strong attention to detail and high level of accuracy
Able to build and maintain strong relationships and networks
We know flexibility is important and take a hybrid approach to working