Management Accountant - Housing background

About the companyThis role is working for a small Housing Association, which prides itself on providing an outstanding service with care and compassion.Working as part of a small, friendly team, you will act as key support for the Director of Finance.They have a 35-hour working week and offer Hybrid working - 2 days in the office per week.About youYou will be a Part or Fully Qualified Accountant with extensive experience within Management Accounts, having worked within the Housing/Property Sector. You will be proactive and professional with excellent communication and computer skills.Whilst their immediate need is for a professional interim, there is the possibility of a permanent role - circa 50k depending on experience.What you will be doing:Management Accounts Prepare monthly management accounts from trial balance and conduct preliminary review of figures before submission to the Finance & Resources Director.This includes (but is not limited to):

• Preparing and posting month end journals including repair accruals, Housing Management Contribution journal, interest accruals, and cost centre apportionments (cross charges).
• Calculating and analysing month-end adjustments, including (but not limited to) stock reinvestment costs for capitalisation, contract retention provision, property depreciation and property grant amortisation, development costs for capitalisation, insurance accrual / prepayment, rent and service charge accrued / deferred income, any other significant month end accruals, etc, and include as manual adjustments in month end management accounts.
• Creating and maintaining nominal ledger accounts and costs centres.
• Maintaining an accurate and up to date Fixed Asset register and reconciling to nominal ledger, including identifying and posting fixed asset additions and disposals and month end depreciation. Keep electronic copy of all fixed asset additions for audit purposes.
• Maintaining an accurate and up to date Property Asset register reconciled to nominal ledger, to include identified stock reinvestment additions and corresponding disposals.
• Posting finance lease interest adjustments.
• Preparing and maintaining the management accounts spreadsheet.
• Updating Nominal Ledger for month end routines.
• Prepare Year End management accounts and conduct preliminary review of figures before submission to the Finance & Resources Director.
• Preparing the Year End Service Charge journals for each relevant cost centre / scheme.
• Identifying and creating journals for Accruals and Prepayments and preparing analysis of key items and maintaining invoice records and workings for audit purposes.
• Preparing provisional and 'final' versions of the Management Accounts.
• Preparing relevant analysis schedules for external auditors
• Preparing recurring journals for the new financial year.
• Updating Nominal Ledger for Year End routines.

Service Charges - liaise with outsourced providerMaintain accurate Service Charge accounts and set and monitor Service Charge annual budgets, under the direction of the Finance & Resources Director and the Operations Director.

• Becoming familiar with what cost items can and cannot be charged to service charges and becoming the Association's 'go to' person on service charge accounting rules.
• Calculating Year End surpluses / deficits on each service charge account.
• Preparing budgets for each service charge account.
• Uploading / inputting service charge budgets onto accounting system.
• Monitoring service charge expenditure against budget, identifying mis-codings, and discussing variances and validity of items with the Operations Director and the Finance & Resources Director.
• Train and provide information to staff regarding common coding issues.
• Maintain sinking fund provision accounts, including month end and Year End reconciliations, sinking fund monthly charges and analysis of usage.
• Preparing all Year End service charge statements and supplementary information sheets for tenants, and analysis sheets for local authorities.
• Help set service charge budgets for new developments and stock transfers.

Leaseholders

• Maintain accurate and up to date records for leaseholder occupancies including start and cease dates and prepare relevant welcoming packs.
• Prepare Leaseholder Service Charge Statements and supplementary sheets, ensuring that all rechargeable repairs and redecorations are included in accordance to lease terms, legislation and good practice.
• Maintain records and deal with accounting/correspondence relating to Ground Rents.
• Liaise with Housing and Maintenance with regards to the requirement of s20 consultations.

Treasury and cash

• Review the cash position on a monthly basis or more frequently as may be agreed with the Finance & Resources Director and agree any required movement of funds between banks with the Finance & Resources Director.
• Review treasury investment options for surplus funds as directed by the Finance & Resources Director.
• Post all investment account movements and reconcile investment accounts on a quarterly basis.
• Review and post the Office and all Scheme Petty Cash reconciliations.
• Maintain and update Association's bank mandates.

What you need to do nowIf you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.If this job isn't quite right for you but you are looking for a new position, please contact us for a confidential discussion on your career.

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