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Development Accountant - Property

Job Description - Development Accountant - Property

Fortnum Executive are partnering with a high-profile property developer to recruit a Development Accountant (Property), to be responsible for a prominent property development in Central London.

Responsibilities of this Development Accountant (Property) role will include:

  • Financial ownership on projects - work closely with the development team providing insight and challenge
  • Monitor and manage the financial performance of projects from initiation through completion
  • Prepare, review, and maintain project budgets and forecasts in collaboration with development managers
  • Track project costs and revenues, ensuring alignment with budgets and timelines
  • Produce accurate and timely project financial reports, including variance analysis
  • Management of the relationship with banks and bank monitors, outsourced accountants, auditors, tax advisors and other professional service
  • Primary point of contact with the lenders and bank fund monitor to ensure compliance with debt covenants
  • Work with the development team to bring schemes through planning stages
  • Ownership of project appraisal and cashflow to provide insights to the business
  • Manage the drawdown of debt and equity to fund development costs
  • Full responsibility for the management accounts, Balance sheet reconciliations, Cost risk analysis, KPI and management of year-end statutory accounts process
  • Ensure all statutory obligations are met
  • Commercial oversight of projects in step with the development team

To register your interest for and for immediate consideration please "Apply Now".

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