Real Estate Accountant

Job description

WHAT YOU'LL DO As Real Estate Accountant, you independently own and manage real estate accounting, ensuring accurate lease-related accounting in compliance with IFRS 16, supporting the full financial lifecycle of Expansion, and driving continuous improvement in ways of working across markets. Own and perform all rent and lease-related accounting activities, including bookings, payments, accruals, deferrals, and reconciliations Support the full financial lifecycle of Expansion, including Project accounting, CapEx & OpEx accounting support, and fixed asset accounting (capitalization, depreciation, asset write-offs, remaining book value) Ensure accurate interpretation of lease agreements and proper accounting of obligations in compliance with IFRS 16; maintain the lease abstracting system with proper right-of-use asset calculations Manage the annual group audit and all lease-related requests, providing sufficient documentation to substantiate P&L and Balance Sheet positions Ensure the lease portfolio is up to date and resolve differences in lease interpretation with landlord counterparts or the legal team Collaborate with the Legal teams, sharing information, resolving issues, and identifying potentially problematic lease terms and language. Act as business partner on special projects, advising on ways of working, reporting, and selling that have the potential to impact fulfilling our lease obligations. Act as the accounting partner for the Expansion function, upholding Financial Governance & Internal Controls, and providing month-end support and audit coordination Develop and implement new ways of working, leveraging technology, systems, and integrations to streamline and standardize reporting WHO YOU'LL WORK WITH You'll work closely with the Expansion function, partnering with Legal, Accounting and other relevant stakeholders across the lease lifecycle. This role reports to the Expansion Manager. WHO YOU ARE We are looking for people who… Hold a Bachelor's degree in Accounting, Finance, or equivalent relevant education, and are a Qualified Accountant (ACA, ACCA, CIMA, or equivalent) Bring 5+ years of post-qualification accounting experience Have a complete understanding of accounting principles, lease accounting, and IFRS 16 Are fluent in legal and lease concepts and terminology, with the ability to read lease agreements and translate key terms into accounting implications Are proficient in Microsoft Office, expert in Excel; experience with SAP and Tango is a plus And people who are… Detail-oriented, with strong analytical and organizational skills and hands-on reconciliation capability Able to work in a fast-paced, time-sensitive environment Excellent communicators, able to follow up effectively with business partners at all levels WHO WE ARE H&M Group is a global company of strong fashion brands and ventures. Our goal is to prove that there is no compromise between exceptional design, affordable prices, and sustainable solutions. We want to liberate fashion for the many, and our customers are at the heart of every decision we make. We are made up of thousands of passionate and talented colleagues united by our shared culture and values. Together, we want to use our power, our scale, and our knowledge to push the fashion industry towards a more inclusive and sustainable future. WHY YOU'LL LOVE WORKING HERE At H&M Group, we are proud to be a vibrant and welcoming company. We offer our colleagues attractive benefits with extensive development opportunities around the globe. All our colleagues receive a global employee discount, usable on all our H&M Group brands in stores and online. Brands covered by the discount are H&M (Beauty and Move included), COS, Weekday, H&M HOME, & Other Stories, ARKET, Afound. In addition to our global employee discount, all our colleagues are included in our H&M Incentive Program – HIP. You can read more about our H&M Incentive Program here. In addition to our global benefits, all our local markets offer different competitive perks and benefits. Please note that they may differ between employment type and countries. JOIN US Our uniqueness comes from a combination of many things – our inclusive and collaborative culture, our strong values, and opportunities for growth. But most of all, it's our people who make us who we are. Take the next step in your career together with us. The journey starts here. If you feel that your experience, skills and ambitions are right for this role, please send your application in English as soon as possible. Due to data policies, we only accept applications through career page.