Alternative Real Estate Accountant

Job Title: Alternative Real Estate Accountant

Contract Type: Permanent

Location: London

Working style: Hybrid 50% home/office based

Closing date: 18th December 2024

We have a brand-new opportunity for an Alternative Real Estate Accountant to join us at Royal London Asset Management on a permanent basis.

Due to our expansion in alternative real estate, plus further plans for 2025, we're seeking an experienced individual to lead on annual reporting and financial statement preparation. This role will give you the opportunity to interact with various stakeholders of the business, including our senior leadership team, requiring strong communication skills and confidence.

Additionally, you'll play a key part in supporting various project work contributing to the broader success of the department and business.

About the role

• Provide oversight of outsourced fund accounting activities in relation to alternative real estate funds (e.g. Healthcare, Residential, Natural Capital) at the third party administrators, including annual due diligence review.
• Reviewing and signing off of quarterly management and financial accounts for alternative real estate funds.
• Monitoring all major transactions by the Property Manager and Asset Manager.
• Responsible for the fund audits, reports and accounts including attendance at board meetings.
• Support the set up and development of the alternative real estate business through new investment structures like JPUTs, Limited Partnerships, Private REITs, SPVs and future JVs.
• Act as the key senior point of contact for operational fund accounting issues raised by Royal London or other clients in relation to alternative property investment structures/vehicles.

About you

• Strong real estate fund accounting experience gained either at an asset manager or in a real estate environment.
• Financial reporting experience.
• Experience in accounting for various property structures such as joint ventures, REITs and limited partnerships is essential.
• Systems knowledge such as Yardi, advanced in Excel and Word.
• UK GAAP and IFRS experience.
• Ability to build strong relationships with internal and external stakeholders.
• Experience in overseeing third parties.
• Strong technical skills in regulated funds.
• Strong communication skills, both oral and written.

About Royal London Asset Management

Royal London Asset Management (RLAM), part of the Royal London Group, is one of the UK's leading fund management companies working with a wide range of clients across the globe to achieve their investment goals. Our long-term, client-driven focus means that we have a long-standing commitment to responsible investment. We act as responsible stewards of our clients' capital, exercising their rights and influencing positive change.

Our People Promise to our colleagues is that we will all work somewhere inclusive, responsible, enjoyable and fulfilling. This is underpinned by our Spirit of Royal London values; Empowered, Trustworthy, Collaborate, Achieve.

We've always been proud to reward employees by offering great workplace benefits such as 28 days annual leave in addition to bank holidays, an up to 14% employer matching pension scheme and private medical insurance.

Inclusion, diversity and belonging

We're an Inclusive employer. We celebrate and value different backgrounds and cultures across Royal London. Our diverse people and perspectives give us a range of skills which are recognised and respected - whatever their background.