Back to search
I'm working with a fast-growing client in the property sector, and they are seeking a talented individual to join their expanding team.
If you have a strong background in property finance, a keen eye for detail, and the ability to thrive in a dynamic environment, this could be the perfect role for you! This is an exciting chance to contribute to a company on the rise and make a real impact in the financial management of their property portfolio.
Duties of Property Accountant:
- Prepare monthly, quarterly, and annual financial reports for property portfolios, including income statements, balance sheets, and cash flow statements.
- Reconcile accounts and ensure accuracy in financial records, particularly around rental income, service charges, and maintenance fees.
- Ensure that all client money (rents, deposits, service charges) is handled in compliance with relevant regulations
- Reconcile client accounts and ensure funds are properly allocated and protected.
- Manage the accounts receivable process, ensuring timely collection of rent and service charges.
- Handle accounts payable, ensuring suppliers and contractors are paid on time.
- Prepare and manage service charge budgets, ensuring accurate allocation of costs for multi-tenant properties.
- Track expenses and compare them against budgeted figures to ensure proper fund management.
- Perform regular bank reconciliations for client and company accounts, identifying and resolving discrepancies.
- Ensure compliance with property and financial regulations, including client money protection (CMP) schemes.
- Assist with internal and external audits, preparing necessary documentation and ensuring the accuracy of financial data.
- Work closely with property managers, landlords, tenants, and external auditors to resolve financial queries and maintain clear communication regarding property finances.
- Supervise and support junior accounts administrators or finance assistants, ensuring that day-to-day financial tasks are completed efficiently.
Essential:
- Proven experience in a finance or accounting role, ideally within the property sector.
- Familiarity with client money protection regulations and best practices.
- Strong knowledge of financial reconciliation, cash flow management, and bookkeeping.
- Proficiency in property management software (e.g., Qube, MRI, or similar).
- Excellent communication and interpersonal skills.
- Attention to detail with the ability to manage multiple tasks efficiently.
- Relevant qualifications in property management, accounting, or finance would be advantageous.
''
