Job Title
Financial Management AnalystJob Description Summary
Primary purpose of the job:Validate, control and process all invoices and documents, all potential subtenant recharges, settle all payments in due course relating to the validated operational costs, process all (sub)lease invoices and collect all cash from the (sub)tenants and support the allocation of cash relating to any (sub)leases, collect all VAT invoices, overpayments from landlords/managing agents and support the allocation of landlord/managing agent refund/returned payments in due course relating to any head or subleases of the properties occupied by Cushman & Wakefield's GOS clients in order to enable them to realize the maximum operational cost saving and prevent any additional funding or penalty cost.
Job Description
Other professional qualifications required for filling the position:
- BSC/MSC degree is required or can be exchanged with relevant real estate operation experience in international environment
- Proven accountancy/bookkeeping/finance/economics studies is an advantage
- No relevant work experience required
- Finance processing or real estate operation experience in international environment is an advantage
Foreign language skills required for filling the position:
- English language intermediate
- Knowledge of French or any other European language is an advantage
Required skills for filling the position:
- Strong IT literacy
- Intermediate MS Office
- Very good written and verbal communication skills
- Very good problem-solving skills
- Very good analytical mindset
- Able to work independently and in a team
- Strong work ethic
- Flexibility during times of change
- Ability to effectively prioritize and execute tasks in a high-pressure environment
- Proactive, enthusiastic and willing to learnt
Responsibilities of the jobholder:
- Enable the PSC and its Portfolio Administration Lease Finance Team to meet defined performance targets in relation to invoice processing, payment management, subtenant management, financial reporting, credit control and all aspects of Accounts Payable/Receivable or any other Lease Finance activity as required
Regular tasks:
Daily and other BAU tasks to deliver:
- Query management for required financial management queries
- Perform ad hoc reporting requests
- Regular monthly reporting
- Update and maintain accounts receivable & payable ledgers
- Preparation and calculation of finance amendments to tenant/landlord accounts
- Minimise invoice volumes awaiting approval or being queried and minimise approval/query resolution times
- Creditor and/or debtor account reconciliations
- Manage service charge and other cost reconciliations
- Review and validate invoice details, investigate and resolve invoice queries
- Support recurring & non-recurring charges’ payment process on time
- Liaise with creditors to obtain tax invoices for charges paid
- Management of debit balances & returned payments/refunds from creditors
- Liaise with suppliers, managing agents and other 3rd parties to obtain legal documentation in relation to queries
- Obtaining payment approvals (Panel A, Panel B)
- Invoice postings to Property Management & Accounting systems
- Cash collection – written and mostly verbal contact with tenants
- Cash allocation – matching payments received to outstanding receivables
- Prepare monthly / quarterly SLA & KPI reports as required
- Ensuring client requirements and Cushman & Wakefield quality procedures are followed
- Collaboration with other departments (Data, Account Management, In-country team)
- Day to day identification of quality issues and risks and escalation of such issues
- Establish and maintain professional and effective working relationships with external and internal clients, colleagues and management
- Provide advice / support to other team members to enable and ensure their contribution to outputs and adherence to procedures
- Supporting the maintenance of BAU process documents
- Internal and external audit support
- Supporting the team's back up structure
What we offer:
- Competitive compensation and benefit package
- Great learning and development opportunities
- Modern, award-winning office with a view of the Danube
- Central location, excellent public transport
- Youthful and supportive work environment
- Additional holidays to compensate for Hungarian public holidays falling on a weekend
- A steadily growing, 100+ year-old international company
INCO: “Cushman & Wakefield”
Extra Content
Here is some example extra content that can be set to be added beneath every job. Adipiscing taciti aliquet parturient congue scelerisque erat ullamcorper mi eros a id quisque ultricies ridiculus turpis integer a himenaeos ut ut posuere eros parturient.
Quam habitasse ac adipiscing rutrum purus faucibus justo ultrices cum neque ultrices a diam magnis blandit id. Ornare dolor ultrices a consectetur mus massa parturient condimentum vestibulum morbi a fames donec felis potenti aptent scelerisque at condimentum parturient leo parturient ultrices a a maecenas curae a. Lorem a scelerisque mollis eu varius nulla sed dignissim sed dapibus a elementum a mauris sapien.
