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Professional and reliable finance & accounts services for student housing companies

We help property owners and student housing managers optimise accounting processes, reduce back office operating costs and take smarter strategic decisions through accurate and timely financial reporting.

Who we are

QX Finance & Accounts Outsourcing (QXFA) is a part of the QX group of companies which was launched by Chris Robinson, a KPMG-qualified, ICAEW-member chartered accountant, in 2003. QX has a team of 800+ employees and we can operate a 24/7 office to serve you as per your requirements.
With a focus on quality, accuracy and partnership, the QX group works with hundreds of companies across many countries including the UK, USA, Middle East, Canada and India. The QXFA division provides end-to-end accounting and payroll services to student housing, recruitment, healthcare, manufacturing, software and media & publishing industries.




Who we serve

We specialise in high volume accounting and management of associated technical requirements for student housing such as deposit management and rent collection reporting. Our comprehensive finance and accounting outsourcing services have benefitted industry leaders, including many that stand among the top 10 student accommodation companies in the UK. We provide Accounting and Payroll services to:
We manage the finance functions for a range of student housing companies, covering a total of more than 50,000 beds spread across 180 sites.
Student housing companies
Student housing property managers
Student housing property owners
Student housing property investors
Real Estate Investment Trusts (REITs)

What we do

Our student housing accountants adhere to best practices & GAAP (Generally accepted accounting principles), introduce process excellence, and drive initiatives for strategic use of technology, enabling your business to cut operating costs while delivering timely and accurate accounting services. Our core finance and accounting services for student housing providers include:
Accounts payables
Purchase order management
Invoice processing
Helpdesk support
Dealing with supplier queries and escalating issue
ACH Debit / Online banking management & control
Aging Report
Staff expenses and credit card accounting
Supplier statement reconciliation


Accounts receivable
Raise invoices
Receivable invoice processing
Cash allocation for receipt
Preparation of bad debt reports
Revenue reconciliation
Timely repayment of security deposits
Credit control
Liaison with legal compliance department
General accounting and statutory compliance
Intelligent process for refund of security deposits
Auditor assistance in interim and annual audits
Bank reconciliation and payment allocation
Payroll
Fixed assets register maintenance
Accruals and prepayments


Management accounts
Accounts receivable and payables aging analysis
Objective and focussed commentary on management accounts
Cash flow statement
Reporting for sites in mobilisation, operational and management phase
Budgeting and forecasting
Reporting against KPIs
Preparation of management accounts
Consolidated monthly financial statement







Find out more about our industry leading back office resource solution
Set up a meeting for a free consultation
I have been really impressed with the “QX approach” towards client accounting services

Since contracting QX in summer 2010 I have been really impressed with the “QX approach” towards client accounting services. I believe they are special because they work to achieve the objectives of the client and as part of the UK team rather than just being a support or cost saver.

Our Management Reporting has come on a quantum leap since we engaged QX. I would personally like to thank our QX colleagues for their dedication and the quality of work which they have been able to deliver on-time and consistently. It's been a real pleasure working with QX.

David Tymms, iQ Student Accommodation



Why student housing providers choose QX

Student housing
expertise
Smooth
transitions
Partnership
approach
Data
security
Strategic
technology support
Staffing
flexibility
 
01

Student housing expertise

We serve some of the biggest players in the student housing industry and we specialise in processing high-volume of transactions. Our property accountants understand and excel at supporting the unique accounting requirements of student housing businesses operating several sites across locations.
Free consultation
 
02

Smooth transitions

You can rely on us for a hassle-free transition. Our in-depth understanding of the industry’s accounting needs, coupled with knowledge of standard processes and policies for student housing providers, enables us to transition new clients swiftly and smoothly.
Free consultation
 
03

Partnership approach

We don’t just ‘do’ the accounts for you, we work to make them better, give you feedback and commentary, identify cost savings or better ways of operating. We follow best practices and continually review to ensure ongoing process improvement for your business.
Free consultation
 
04

Data security

We are ISO 27001:2013 certified for information security and ISO 9001:2015 for quality management systems. We ensure the highest level of data security by deploying multiple layers of protection and adhering to highest international information security standards.
Free consultation
 
05

Strategic technology support

We work with most of the major student housing or property management software, including Yardi, SAP B1, Sage, etc. As needed, our in-house IT team helps integrate, enhance and build applications to streamline your processes and digitise your systems.
Free consultation
 
06

Staffing flexibility

With QX, you have the flexibility to ramp resources up or down on the basis of your changing requirements. Easily add resources when your requirements spike. Move beyond SLAs to direct resources to urgent tasks.
Free consultation
Data security


Proper security of information is of paramount importance to us. We continually enhance our best-practice frameworks to benefit from seamless access and transfer of data without compromising on security.
Our Infrastructure
We have in place state-of-the-art infrastructure for seamless communication and data transfer. For maximum control, we buy our own hardware systems and host our dedicated servers, ensuring 99.97% network uptime.

Contact us

Are you looking for accurate, timely and reliable accounting services for your student housing projects? Set up a call or fix a meeting with our student housing expert.

Resources

Delivering cost savings and improved operational control to a leading student housing company
Specialised finance & accounting for student housing companies
News, views and tips for student housing professionals.

Accreditations and affiliations

Our affiliations with professional organisations and communities help us keep on the top of latest accounting knowledge and best process, enabling us to deliver quality services to our clients.
QXFA US is a Member of Global Outsourcing Association GSA Listed as a Rising Star in The Global Outsourcing from IOAP Membership with National Association of Software and Service Companies NASSCOM QXFA US is a member of Association of Chartered Certified Accountants We have a security management systems London Chamber of Commerce and Industry