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Property Accountant

Job details
Posting date: 26 January 2026
Salary: Not specified
Additional salary information: Competitive
Hours: Full time
Closing date: 25 February 2026
Location: Birmingham, B45 9PZ
Company: Compass Group
Job type: Permanent
Job reference: 209499

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Summary

Job Title Property Accountant

Responsible to Finance Manager (Fixed Assets, Leases & Property)

Location Parklands Court, Rubery

Sector/ Business area Financial Accounts team, Central Finance


Overall purpose of the role

Reporting to the Finance Manager (Fixed Assets, Leases & Property), the Property Accountant will look after all areas relating to Central property costs and rent/service charge/turnover rent for Compass One sites.

Financial Accounts team – Purpose and Context

The Financial Accounts team performs a pivotal role within Compass UK&I, overseeing fixed assets, leases/IFRS16 accounting, property related transactions, intercompany, balance sheet reconciliations, Group reporting, audit and financial statements, below the line transactions, accounting for M&A and providing advice and guidance on accounting matters as required. We also support the Tax team on sales and employment taxes as well as other Central Finance teams.


Key Accountabilities

PURPOSE

  • Central property costs, including budgets and forecasts
  • Receive and recharge costs for sub-let properties
  • Rent/service charge/turnover

PEOPLE:

  • Working effectively as part of a team
  • Building relationships with key stakeholders
  • Liaising with colleagues from other teams for resolution of queries
  • Coaching and guiding other team members


PERFORMANCE

  • Review all queries in the Medirest inbox relating to rent, service charge and turnover rent, ensuring timely and helpful communication
  • Ensure all property and service charge invoices (quarterly) are checked, appropriate approvals gained, queries resolved and processed/paid on time
  • Make appropriate accruals for rent/service charge and turnover rent at month end, review the control accounts and be able to present any risks and opportunities
  • Ensure all charges relating to sub-let property are recharged as appropriate, review related customer and vendor accounts to ensure all invoices paid correctly and on time, review and unwinding of discount for onerous provisions
  • Review CGUKI central property cost centres to ensure costs reflected correctly and investigate variances to budget/forecast with Facilities Manager
  • Liaise with Facilities Manager to create budgets and forecasts for central property costs
  • Take ownership of property and concession leases within the business – identify those which fall under IFRS16 and process them onto ALAE (lease accounting system)
  • Identify rent increases to be entered into ALAE along with any lease modifications or disposals
  • Ensure all rent/concession invoices for IFRS16 leases are in line with expected values
  • Review property and concession leases with sectors
  • Maintain property and concession control account
  • Maintain process notes for all business-as-usual work to enable cross training, cover and support within the team
  • Cross train other team members and support with training and development of more junior colleagues


Candidate Requirements: Key Skills, Knowledge & Experience

Essential:

  • Part-qualified Accountant (CIMA/ACCA/ACA) [approx. 2 years completed] and minimum of two years in a finance role.
  • Must be willing to commit to actively studying and qualifying in a reasonable time frame
  • Intermediate Excel skills (common formulae, pivot tables etc)
  • Good organisational and presentational skills
  • Flexible and adaptable in this busy, evolving environment
  • Experience of balance sheet reconciliations
  • Experience of month end (accruals, prepayments, variance analysis etc)
  • Experience of ERP software, SAP preferred
  • Continuous improvement mindset to question current processes

Desirable:

  • Experience with property costs
  • Knowledge of IFRS16
  • Advanced Excel skills (including complex formulae)

We ensure you\\'re rewarded for all your hard work, which is why we offer a comprehensive benefits package which includes but is not limited to:

• Exclusive travel discounts with TUI, Expedia, Booking.com and many more

• Save money on your food shop with discounts on Tesco, Sainsbury\\'s, Morrisons and more

• Up to 44% off cinema tickets to enjoy your favourite blockbuster

• Regular emails filled with the best discounts and savings available

• Receive Wow Points every time you spend and use them on a wide range of brands

• Un-wind with us with free wellness, mindfulness and exercise classes

• You can share all discounts and offers with your friends and families

• Contributory pension scheme

• Study support

• Grow your career with our Career Pathways and MyLearning programmes

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