Student Accommodation Industry

Purpose-Built Student
Accommodation

Reduce Accounting

Reduce Accounting Cost-per-bed by Up to 50%, Optimize Operations and Improve Your NOI

Building a world-class finance department requires significant investment of time, money, and resources, which can pose a major challenge for student accommodation businesses expanding rapidly. That’s where QX comes in.

We specialize in building finance and accounting back-office operations that help streamline business processes, foster innovation and help future-proof finance operations. QX helps clients achieve this via:

  • Access to deep talent pool of qualified property accountants
  • Process reengineering and PBSA industry best practices
  • Implementing high-impact software and automation

Our Build to Rent and Property Management Services

Corporate Accounting

  • Accounts Payable
  • Billing & Accounts Receivable
  • Treasury / Bank Posting & Reconciliation
  • Preparation of Monthly P&L
  • Audit Support

Property Accounting

  • Bookkeeping & Accounting
  • Accounts Payable
  • Revenue Recognition
  • Bank Reconciliations
  • Student Deposit Management
  • Damage Recharges
  • University Lease & Long Lease
  • Tenancy to Income Reconciliation
  • Migration Budget Management

Development Accounting

  • Accounts Payable
  • Job Costing
  • CIS Data Management & Reporting
  • Retention Ledger
  • WIP Accounts
  • Balance Sheet Reconciliation
  • Accounting & Bookkeeping
  • Drawdown Working

Management & Investment Accounting

  • Accruals & Prepayments
  • Balance Sheet Reconciliations
  • WIP Accounts Reconciliations
  • Retention Accounts Reconciliations
  • Ledger Reporting
  • Rent Reserve Working
  • Drawdown Working

Additional Services

  • Lease Administration
  • Property Administration Activities
  • Market Research
  • Yardi Implementation Support
  • Out-of-Hours
  • Student/Tenant Enquiry Management

Why PBSA Companies Choose QX

14+ Years

of serving the PBSA sector

300+ Site’s

finance & accounting needs managed

250,000+ Beds

covered in our F&A services

1,800+ ACCOUNTANTS

including 500+ certified accounting experts with CPA, CA, ACCA and Masters Degrees

5 OUT OF TOP 10 UK PBSA

companies choose QX

Benefits

Cost Optimization

Enhance your bottom line by reducing accounting cost-per-bed by up to 50%.

Experienced Staff

Experienced Staff

Gain access to skilled property accountants through dedicated and adaptable F&A teams.

Experienced Staff

Global Presence

Leverage our team of 3000+ employees operating across 18 offices and 5 delivery centers.

Process

Process Reengineering

Implement accounting best practices and standardize PBSA processes enhance process efficiency.

Plug-and-Play

Plug-and-Play Model

Effortlessly integrate newly acquired properties with our flexible delivery models.

Digitization Support

Improve productivity with cutting-edge technology and customized software & automation solutions.

Client Stories

Sean Foley, MD – Finance, Greystar Europe

Sean Foley, Managing Director of Finance at Greystar Europe, discusses how QX Global Group has enabled Greystar's rapid growth through agile finance and accounting support, process optimisation and innovative technology.

David Tymms, Strategic Advisor to Board, QX

David Tymms, Strategic Advisor to QX Board, reflects on his time at iQ Student Accommodation, praising QX for efficiently managing finance operations during multiple ownership changes. He commends their lasting partnership and adaptability, recommending their strategic support for organizational growth.

Steve Wild, Finance Director, Victoria Hall Management Limited

Listen to Steve Wild, Finance Director of Victoria Hall Management Limited (VHML), talk about his experience of working with QX. He talks about the reasons behind outsourcing finance & accounting to QX, how QX managed the transition and how the partnership helped VHML meet stringent reporting requirements from their clients and add build a stable and scalable process that makes it easier to add staff and sites going forward.

Brian King, CFO - Eureka Holdings, speaks about his experience of working with QX.

Brian King, VP CFO -Eureka Holdings speaks about his experience of working with QX Global Group.

Scott Berry, Commercial & Finance Director - Fresh Property Group, speak about Fresh’s Partnership with QX.

Scott Berry, Commercial & Finance Director - Fresh Property Group opens up on his finance outsourcing experience with QX Global Group and the key business benefits from this decade-long partnership.

Automation-driven BPO

The QX Team works with industry-standard software to streamline finance and accounting for student accommodation providers. Additionally, we are also flexible in incorporating any additional systems in our solutions to suit your specific organisational needs.

Resources

Blog

8 KPIs student housing owners, investors and managers should be measuring

Know More
Blog

The Ultimate PBSA Cheat Sheet to Ensuring High Occupancy Rates 365 Days a Year

Know More
Case Study

F&A Operations Transformation For a Global Real Estate Company Through Shared Services

Know More

Set up a consultation call with our experts and kickstart your finance operations transformation journey

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