Property Payments Manager

Role overview:

Property Payments Manager
London
Currys London Campus at Waterloo
Permanent
Full Time
Grade 4

At Currys we’re united by one passion: to help everyone enjoy amazing technology. As the UK’s best-known retailer of tech, we’re proud of the service our customers receive – and it’s all down to our team of 25,000 caring and committed colleagues. Working as one team, we learn and grow together, celebrating the big and small moments that make every day amazing.

Based in our Estates function, working closely with finance in the UK and our outsource payments team in India it is a key role in the Property team. The Property Payments Manager will have accountability for the controls and processes underpinning the day-to-day Property related payments.

This role will offer the chance to gain an in depth understanding of the group’s property & related payment operations with the opportunity to improve how those processes are delivered, ensuring governance and compliance. This role will work closely with various internal stakeholders across our Property, Accounts Payable, Financial Control & Tax teams and externally with Landlords and other property related suppliers.

Role overview:

As part of this role, you'll be responsible for:

• Being the primary relationship holder between the UK Property team & Property Payments team operated by our outsource partner
• Proactively monitoring and leading the outsourced payments team, raising the bar for quality, accuracy, timeliness, team-wide knowledge & competency
• Triaging incoming mail – emails, legal notifications, escalation or resolution of genuine bailiff action
• Checking invoice details, distinguishing property locations, verifying authorised supplier for the charge type, ensuring no duplication or overlap
• Accurate & on-time payments of rents; service charge; insurance, rates (c. £220m p.a.)
• IFRS16 support – helping the Finance Controller to resolve queries on liabilities driven by lease costs.
• Forecasting / Budget modelling – supporting the Director of Property and the Financial Controller on forecasting costs for rent & other lease/occupancy costs
• Maintaining consistent lease records
• Liaising with other outsourced Estates-related functions which impact Property occupancy costs
• Approving change of Landlord, managing agent, payee: diligence & fact checking to minimise risks
• Liaising with suppliers
• Stamp Duty land Tax payments on completion of legal contracts
• Monitoring receipt & update of service charge Budget Packs from landlord/agents
• Managing completion Statements at lease renewal, acquisition or disposal
• Statement of Accounts – reconciliation & corrections, verifying ledgers from Managing Agents at lease renewal, landlord change, agent change, or claims for arrears.
• Audit support: Maintain accurate documentation and support audit and compliance activities
• Ensuring we maintain copies of all VAT invoices and recover any missing from suppliers

You will need:

• To be confident interpreting numbers from payments and account reconciliation
• To manage and influence senior stakeholders
• To apply process knowledge and explain clearly to others using strong communication skills (written & verbal)
• Analyse and understand complex data and historical transactions to reach agreement/consensus.
• Prioritise workload in a fast-paced environment whilst working under pressure
• Previous property payments experience (estate retail is preferable)
• Understanding of shared service operations & experience of operating within a finance team ideally within a complex organisation
• Highly organised & structured

We know our people are the secret to our success. That’s why we’re always looking for ways to reward great work. You’ll find a host of benefits designed to work for you, including:

• Holiday benefits - 25 days of annual leave (plus bank holiday entitlement) 
• Private medical insurance
• Life Assurance
• Competitive pension scheme
• Access to discretionary bonus
• Hybrid working; our primary Currys Campus is at Waterloo (WeWork)

Why join us:

Join our team and we'll be with you every step of the way, helping you develop the career you want with new opportunities, on-going training and skills for life.

Not only can you shape your own future, but you can help take charge of ours too. As the biggest recycler and repairer of tech in the UK, we’re in a position to make a real impact on people and the planet. 

Every voice has a space at our table and we're committed to making inclusion and diversity part of everything we do, including how we strengthen our workforce. We want to make sure you have a fair opportunity to show us your talents during our application process, so if you need any additional assistance with your application please email careers@currys.co.uk and we'll do our best to help.