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Property Accountant

Cobalt Recruitment
Posted 7 hours ago, valid for 6 days
Location

London, Greater London SE12 0TX, England

Salary

£38,000 - £45,600 per annum

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Contract type

Full Time

Employee Assistance

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • A client in Southeast London is looking to hire two full-time, permanent Property Accountants due to portfolio growth.
  • The role requires candidates to have at least 2 years of relevant experience in property accounting.
  • The position offers a salary of £40,000 to £45,000, along with various benefits including a company pension and private medical insurance.
  • The team works in the office four days a week, with one day allocated for remote work, fostering a vibrant and dynamic atmosphere.
  • Candidates should possess good Excel skills and be driven, ambitious, and adaptable to succeed in this role.

We are thrilled to announce our partnership with a new client based in Southeast London, who is seeking to hire two full-time, permanent Property Accountants. Due to portfolio growth, this is a fantastic opportunity to join their established team and work across both commercial and residential properties.

The team operates in the office four days a week, with one day of remote work. The vibrant and dynamic office atmosphere ensures a positive and energetic working environment.

Some benefits to highlight:

  • Company pension
  • Private medical insurance or medical cash plan scheme
  • Cycle to work scheme
  • Workplace nursery benefit
  • Technology benefit
  • Eyecare voucher scheme
  • Income protection scheme
  • Season ticket loan scheme
  • Employee Assistance Programme
  • Discounted gym membership

Duties:

  • Support the team in maintaining accurate accounting records and ensuring timely availability of financial information for appointed schemes.
  • Interact professionally with stakeholders outside the department, addressing accounting issues related to annual service charge budgets and assisting in budget production, distribution, and processing.
  • Verify and update property, unit, and tenant details in the property management system, ensuring accuracy in service charge and ground rent amounts related to property transfers and sales.
  • Prepare and submit monthly ground rent returns to Freehold clients, and draft income and expenditure reports, along with monthly variance analysis for discussion with Property Directors.
  • Process necessary journal entries for reallocating expenditures and oversee monthly bank reconciliations for all designated schemes.
  • Provide support to on-site development teams regarding the Propman system, invoice coding, and payment requests, while also assisting the purchase ledger team with payment run approvals.
  • Monitor cash flow and forecasting for development schemes, billing periodic ground rent, service charges, and other recoverable charges to lessees or occupiers.
  • Assist with the year-end service charge audit, ensuring accuracy in invoices before submission to external accountants, and respond promptly to inquiries from Property Directors, leaseholders, and clients.

Experience:

  • Able to hold a professional manner in interactions with all staff and external clients.
  • Good Excel skills required.
  • Driven, ambitious and adaptable.

If you're seeking a new opportunity and looking to join a successful team, please apply with an updated copy of your CV!!

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.