Service Charge Accountant

Service Charge Accountant

Key Responsibilities

• Conducting full review of service charge expenditure and ensuring all posting errors are identified and corrected and posting journal transfers, accruals and prepayments as required.
• Maintaining the general ledger and completing reconciliations coinciding with the year-end for the service charge function, ensuring all imbalances are identified and corrected.
• Working with managers to ensure that accounts are completed with a high degree of accuracy in line with the account’s deadlines.
• Producing balancing schedules to apportion service charge expenditure on the correct basis. with reference to income billed on account, occupancy changes during the period and tenant caps.
• Completing variance analysis and producing final reports.
• Completing reconciliation of prior agent information following new purchases, ensuring this is dealt with in line with the sales contract.
• Completing the closure of the final service charge reconciliation following sales, ensuring this is completed in line with the sales contract. Providing the closing accounts to the purchaser, resolving any queries and clearing all ledger balances.
• Acting as a key liaison with internal stakeholders on service charge matters, to resolve tenant and client queries arising following the completion of the service charge accounts.

Key experience

• Experience working within Property Accounts and knowledge of service charges.
• Excellent communication skills, both written and verbal
• Well organised with good initiative. Ability to manage own time is essential to meet KPI deadlines.
• Computer literate, specifically with Excel and Word
• Good attention to detail and accuracy of work
• Professional manner, ability to communicate at all levels.
• Ability to work under pressure and to deadlines.
• Knowledge of Qube
• Knowledge of Propman

Due to a very high number of applications, we are unable to come back to every candidate with feedback. If you do not hear from us within 48 hours, please assume that you have been unsuccessful on this occasion. Your CV will be registered with us, and we will keep you updated with any other positions that may be of interest. However please keep checking our website as new roles will be updated daily, Nouvo Recruitment London wishes you the best of luck in your job search.

Nouvo Recruitment London operate as an independent recruitment agency with over 20 years of experience supporting clients and candidates nationally across the UK.