Financial Accountant

About Penbrothers 

Penbrothers is an HR & remote talent management partner and one of the fastest growing companies in the Philippines. We provide talented Filipinos with global opportunities in high-growth startups and dynamic companies, from the comfort of their own homes.

About the Client

This client unlocks responsible, active institutional investment in single-family residential property at scale - raising expectations for what renting should be, one household at a time.

Using its cutting-edge technology platform, the company identifies areas with an unmet need for quality rented homes and acquires the right properties in these areas at scale.

Once acquired, the expert team transforms these properties into modern, environmentally efficient homes that residents will love. Residents receive a market-leading service – with three-year tenancies offered as standard, a dedicated app, and quick responses to issues.

Founded in 2016, the business is partnered with some of the world's best real estate investors and backed by a range of leading venture investors including LocalGlobe, A/O Proptech, Zoopla, and Sustainable Future Ventures.

About the Role

Building property portfolios is central to what we do, and business success in large part hinges on accurate property forecasting and excellent portfolio management. You will be responsible for day-to-day accounting and reporting to monitor property performance at an extremely granular level. A team player, you will be able to assist in ad hoc projects and support senior management by providing accurate, timely and insightful information. 

Work hours: 7:00 AM – 4:00 PM UK time (GMT) /  3:00 PM – 12:00 AM PHT

Work set-up: Remote

What you'll do

Carry out preparation of monthly accounts and KPI reporting including profit and loss statements and balance sheets for client real estate investment entities

Preparing balance sheet consolidations for the real estate entities and their parent companies

Work with third-party property managers who are responsible for managing assets and tenants. They provide this client with financial and operational reports that you will review for inconsistencies, completeness and accuracy. 

Be comfortable querying and resolving issues with internal and external teams promptly to meet period-end financial reporting targets

Support in the preparation of bank reporting requirements for any debt facilities in the real estate investment entities

Track KPI performance such as occupancy rates, rental income performance against forecast, repairs and maintenance expenditure, and capital expenditure

Develop financial models to assist with your analysis on aspects of the portfolio such as repairs and maintenance expenditure

What You Bring

 A minimum of 3 years of experience as a financial accountant in the real estate industry and a CPA qualification are required.

Ideally, you will have had experience in real estate accounting

Experience with IFRS or UK GAAP is helpful, but not essential

Commercial and analytical mindset with strong Excel skills

Experience with Xero would be advantageous

Self-motivated to identify problems and work to fix them

Pragmatic and agile mindset - keen to work in a fast-paced environment, to which we continually need to adjust

Strong professional communication skills with both technical & non-technical audiences

Don't meet every single requirement? At Penbrothers we are committed to building a diverse, inclusive, and authentic workplace, so if you're excited about this role but you don't feel 100% aligned with the qualifications, we encourage you to apply anyway. You may just be the right fit for this or other roles.

Hiring Process

We utilize AI tools to enhance our hiring efficiency and ensure a fair evaluation of all candidates. As a result, candidates who passed our initial evaluations should expect an AI Interviewer as a component of our recruitment process. This is supervised by Human Talent Acquisition Experts who will also engage with you throughout your application journey.

What You'll Get 

At Penbrothers, we are obsessed with creating positive employee experiences. Here you'll find an environment that nurtures learning and provides opportunities for growth. You'll have the opportunity to make an impact on fast-growing startups and dynamic companies. 

 Meaningful work & Growth: We take every opportunity to stretch ourselves and deliver an excellent client experience. 

Employee as our biggest asset: We are genuinely invested in our people's career and welfare.

Global reach & local impact: Get to work with high-growth startups and dynamic companies from the comfort of your own home. 

Powering global startups: We've created 1,400 Filipino jobs that empower global start-ups to focus on growth.

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