To advertise a job at Chiswick Park, please contact Karolina Tadych
Finance Manager – Part Time
The role is based on-site at the landmark asset Chiswick Park in West London, which is a large estate comprising of 12 buildings (1.8 million sq ft NIA) with an annual rental income in excess of £70m. Developed in 1999 and designed by Rogers Stirk Harbour and Partners Chiswick Park brings together over 9,000 people from 67 of some of the world’s leading companies such as QVC, Discovery, Starbucks and Danone. Chiswick Park is set in 33 acres of landscape garden featuring a lake and waterfall. It also houses over 45,000 sq ft of retail space including an on-site Virgin Active gym, restaurants, convenience stores and a variety of pop-up traders and street-food vendors.
The successful candidate will be employed by Chiswick Park Estate Management Ltd (CPEM), the managing agents handling the Estate and Facilities Management and acting for the three owning entities at Chiswick Park. CPEM is part of The Blackstone Group – one of the largest Private Equity/ Real Estate investment firms in the world. The Blackstone Group has investments across Private Equity, Real Estate, Corporate Debt and Corporate Advisory Services.
Joining an established management team, the Finance Manager would be part of driving the Enjoy-Work brand environment, maintaining stakeholder and client relationships on an accounting front and contributing to the wider team vision and ethos of the organisation.
The role reports directly to the Senior Finance Manager who splits his time between the site and head office.
The Finance Manager will be self-sufficient and the most senior financial position in the Senior Finance Manager’s absence whilst having communication across multi departments working particularly closely with the CEO and Operations Director.
Working hours are part time – Either 3 days per week 9am – 6pm or 5 shorter days (to be agreed).
The main duties of the role will include:
Assisting in the management and leading of a team of two (AR Property Accountant and AP Property Accountant)
Annual Service Charge Budgeting for multi entity/ multi schedule site – SC Budget c.£11m p.a
Monthly SC Variance Analysis/ Process Management across departments
Preparation of Service Charge Budget Packs and Service Charge Year End Packs
• Management of tenant queries liaising with blue chip company executives
• Management of Quarterly rental, service charge and utility billings for the estate and associated reconciliations to budgets and sign off processes
• Management of the Rent Collections and Stat reporting process liaising with Blackstone/ BRE including payover to Landlord function
• Month End Management - Cash and Trial Balance report reconciliations
• Completion of the Monthly Blackstone Report (used for Bank/ Lender Reporting)
• Production of periodic financial information for multi stakeholder use/ presenting to management
• Year End Service Charge Audit Management
• Other ad hoc duties associated with day-to-day financial management of the estate and assisting the Senior Finance Manager
2+ years experience in an established Real Estate Finance Manager Role
Strong stakeholder relationship management
Strong verbal and written communication skills in order to obtain information from non-finance personnel and communicate effectively with non-accountants
The ideal candidate will have –
Yardi Voyager experience
Excel skills/ experience of an intermediate/ high level (v lookups/ pivot tables/ formulae)
Strong reconciliation skills/ experience – TB Recs/ Cash Recs
A good understanding of double entry and accounting principles
Managing Agent Real Estate perspective financial experience
And will be sociable, positive and a good team-player who is willing to help out with non-finance functions when required
Salary: £40,000 - £45,000 p.a pro rata based on a 24hr week (3 full days or 5 shorter days)
20 days annual leave (pro rated)
BUPA healthcare and dental
Pension scheme: 2% employer contribution with a minimum 3% employee contribution increasing to 8% employer contribution with a minimum 3% employee contribution from April 2019