Bringing clarity and control to a complex multi-entity property finance function
Property businesses rarely operate through a single set of books
This client operates across separate entities covering property development, ownership and management, with activity spanning acquisitions, refurbishment, rental income and mortgage financing.
That structure created a finance environment where accuracy depended on understanding not just individual transactions, but which entity, property and project each transaction belonged to.
Management needed a finance process that could provide reliable information for compliance, financing and day-to-day decision-making.
The requirement, in the client's own wordsAn extension of the client's finance function
FKS International became an extension of the client's finance function, taking responsibility for the detailed accounting work while maintaining visibility across the wider group structure.
Bookkeeping & monthly close
FKS maintains the underlying accounting records, processes transactions and supplier invoices, reconciles bank and card accounts, investigates outstanding items and completes the monthly close — so every reporting period starts from a controlled position.
VAT support & review
VAT workings are prepared using reviewed transaction data and supporting documentation. FKS reviews coding and VAT treatment and manages the filing process and related queries.
Intercompany accounting
Where one group company pays costs or provides funding on behalf of another, FKS records and reconciles these balances so management can understand what each entity owes or is owed — and why.
Property & project accounting
FKS tracks acquisition, refurbishment and development expenditure by property or project, giving management a clearer view of the actual cost position, rather than a single general ledger line.
Mortgage & lender reporting
Mortgage accounts are reconciled and supporting reports are prepared for banks, lenders and mortgage providers — a consistent financial information base for external finance conversations.
Management finance support
Directors receive information covering cash requirements, project expenditure, rental activity and balances across the group, in the context of the properties and projects driving the business.
A disciplined monthly finance cycle
The value of the engagement comes from a repeatable monthly process rather than a one-off clean-up.
A disciplined finance process, not a one-off clean-up
Stronger entity control
Each company has a more defensible set of books, with fewer unexplained balances and a clearer audit trail.
Greater property-level visibility
Development and operating costs can be reviewed by property rather than buried within a general expense ledger.
- More consistent VAT records, reducing last-minute pressure around filing.
- Clearer intercompany positions — management can see what each entity owes or is owed.
- Better lender readiness, without rebuilding reports from scratch.
- More dependable management information on cash, commitments and project position.
A complex group of property ledgers becomes a structured, controlled and management-ready finance process.
Looking for finance support across multiple entities or property projects?
Talk to FKS International