Choose a workplace that empowers your impact.
Join a global workplace where employees thrive. One that embraces diversity of thought, expertise and passion. A place where you can personalize your employee journey to be -- and deliver -- your best.
We are a leading global real estate investor, developer and manager. We combine our capital with our capabilities to create real estate that strengthens economies and communities. By prioritizing people, partnerships and places, we generate meaningful returns for OMERS members, enhance value for our capital partners and create a brighter world for our customers.
Join us to accelerate your growth & development, prioritize wellness, build connections, and support the communities where we live and work.
Don't just work anywhere -- come build tomorrow together with us.
Know someone at OMERS or Oxford Properties? Great! If you're referred, have them submit your name through Workday first. Then, watch for a unique link in your email to apply.
Position Summary
Financial Accountants are responsible for the full cycle accounting for a number of corporate and property owning legal entities registered in Jersey or the UK. Responsibilities include the month-end close process in the month for the month which ranges from booking transactions on the bank accounts to capturing various additional journal entries. Further the Financial Accountant is responsible for preparing budgets and forecasts for operating and corporate entities, preparation of quarterly and annual financial statements, liaising with partners and auditors, managing cash balances and payment processing.
Responsibilities
Month-End Close Process
Responsibility for monthly and quarterly close process within a short time frame for a portfolio of legal entities
Prepare monthly reporting packs and post journals
Prepare monthly reconciliations of the cash, equity, investment property, debt, and intercompany account balances and periodic reconciliation of other general ledger account balances
Prepare monthly actual to budget variance analysis and explanations for a portfolio of properties
Prepare monthly/quarterly VAT returns for a portfolio of properties
Reporting to Partners & Boards
Prepare quarterly management accounts for lender compliance, board reporting and partner reporting, including consolidated reporting where required
Prepare quarterly joint venture reporting and liaise with joint venture partners
Prepare annual business plans to present both internally and to joint venture partners
Annual Reporting
Assist in preparing financial statements under IFRS for various corporate and property related structures, including joint venture accounting
Assisting on a portfolio of audits, including preparing supporting working papers and responding to queries and request from the audit team
Budgeting & Forecasting
Assist with the preparation of quarterly forecasts and the annual budget for legal entity portfolio using Oxford's reforecasting tool and Excel models
Coordinate with Asset Managers to understand underlying assumptions and ensure financial models reflect expectations
Complete variance analysis against prior period assumptions
Complete cash flow timing adjustments
Cash Management
Monitor bank balances and prepare cash flow forecasts to ensure sufficient funds to meet operational and development funding requirements
Prepare steps memos, solvency tests and other documentation necessary to support contributions and distributions for various legal entities
Treasury
Prepare loan compliance documentation on a quarterly basis, including the calculation and monitoring of key covenants; liaising with our treasury team and asset managers as necessary
Ensure interest payments are paid on time and without issue by coordinating with lenders and administrators
Asset Management
Assist with financial due diligence on prospective and renewing tenants
Review asset occupancy for accuracy on a monthly basis
Assist in the preparation of quarterly asset management reports
Assist in the preparation of annual business plan reports
Experience and Education Requirements
University degree BSc/BA or equivalent,
Financial accounting experience is required
AAT or equivalent qualification desired
Real estate or asset management industry experience preferred but not required
Proficiency in Microsoft Word, Excel, and Outlook required, and exposure to JD Edwards and Hyperion Financial Management (HFM) or Yardi preferred but not required
High attention to detail and accuracy
Self-motivated and adaptable to a changing and fast paced corporate environment managing multiple competing deadlines
Communication / interpersonal skills (both written and verbal) as job can potentially require frequent communication with other departments and multiple external parties (such as auditors and third party firm engaged for corporate secretary services)
Able to embrace steep learning curve with an open attitude towards learning
Oxford's purpose is to strengthen economies and communities through real estate.
Our people-first culture is at its best when our workforce reflects the communities where we live and work -- and the customers we proudly serve.
From hire to retire, we are an equal opportunity employer committed to an inclusive, barrier-free recruitment and selection process that extends all the way through your employee experience. This sense of belonging and connection is cultivated up, down and across our global organization thanks to our vast network of Employee Resource Groups with executive leader sponsorship, our Purpose@Work committee and employee recognition programs.
MNCJobs.co.uk will not be responsible for any payment made to a third-party. All Terms of Use are applicable.