Finance

PRUPIM's Finance function broadly deals with business finance and fund accounting.

The Finance department has two teams. The first manages PRUPIM's business finance whilst the other team maintains financial control over the property fund accounts. In addition, both are responsible for reporting monthly results and financial budgets to the PRUPIM Board.

The Management Reporting team is responsible for dealing with all aspects of business costs for PRUPIM Ltd, including monitoring budgets, completion of monthly journals reviewing monthly results submitted to the parent company.

The team includes bought and sales ledger functions and is also responsible for the production of statutory accounts and returns for subsidiary companies, and some involvement with the Management companies.

The Financial Controls team prepare results for the company funds on a daily, monthly, quarterly and annual basis and produce VAT returns in respect of client's funds under management. They are also responsible for completing financial reviews of prospective tenants and contractors.

The cashier is responsible for daily bank reconciliations, completing transfers of monies between accounts and monitoring that fund balances are in-line with plan.

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PRUPIM (Prudential Property Investment Managers Ltd)

Registered in England and Wales. Registered office Laurence Pountney Hill, London, EC4R 0HH. Registered number 3852763.
PRUPIM forms part of the M&G Group of companies. PRUPIM is an indirect subsidiary of Prudential plc, a company incorporated and with its corporate head office in the United Kingdom. Prudential plc and its affiliated companies constitute one of the world's leading financial services groups and is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America.