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Property Accountant

Cedar
Posted a day ago, valid for 16 days
Location

London, Greater London EC1R 0WX

Salary

£80,000 - £96,000 per annum

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Contract type

Full Time

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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  • The job requires assisting building managers in preparing service charge budgets and inputting them into the Yardi system.
  • Candidates should have a minimum of experience in service charge accounting, preferably with large complex residential or estate service charges.
  • A part-qualified accountant status or a desire to pursue an accounting qualification is highly desirable for applicants.
  • Strong communication skills and proficiency in property management systems, especially Yardi, along with good Excel skills are essential.
  • The position offers a salary of £30,000 to £35,000, depending on experience.

Main Responsibilities:

  • Assist building managers in preparation of service charge budgets and input into Yardi system within expected timeframes for Client & internal reporting requirements.
  • Ensuring best practice with RICS/ARMA service charge guidelines.
  • Preparation of Service charge reconciliations to ensure the accounts are issued in a timely manner in accordance with client expectations.
  • Resolve queries raised by Landlords and Tenants
  • Reviewing service charge expenditure and investigating variances.
  • Attend monthly and quarterly budget meetings with building mangers.
  • Liaising with the CWML Managing Directors and Directors on monthly and quarterly accounts.
  • Raise quarterly service charge demands in a timely manner.
  • Reconciliation & recharge of tenant direct recoveries.
  • Monthly reviews of balance sheet accounts.
  • Preparation/ Reconciliation of trial balances.
  • Reconciliation /calculation of landlord liabilities
  • Accounting for PRS (Private Rental Sector) properties, including monitoring performance against KPI's.
  • Liaise with auditors and the financial accounts team as required
  • Assist the wider service charge team

What We Require of You:

1. Experience with and a deep understanding of service charge accounting is essential - experience with large complex residential service charge or estate service charge is highly desirable.

2. Part qualified accountant or a desire to undertake an accounting qualification is highly desirable.

3. Strong communication skills, both verbal and written.

4. Experience with property management systems is essential. Experience with Yardi would be an advantage.

5. Good Excel skills and an ability to work to a high level of accuracy.

6. Ability to use initiative and work under pressure.

7. Be able to establish good working relationships across the organisation, particularly senior management, the Head of Residential and other departments within Finance.

Apply now in a few quick clicks

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.