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SERVICE CHARGE ACCOUNTANT

Nouvo Recruitment (London)
Posted 6 days ago, valid for 25 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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  • A Property Management company is seeking a Service Charge Accountant with experience in Property Accounts and service charges.
  • The role involves preparing and finalizing reconciliations of service charge accounts, maintaining the general ledger, and ensuring accuracy in collaboration with Property Managers.
  • Candidates should possess excellent communication skills, attention to detail, and the ability to manage their time effectively to meet deadlines.
  • The position offers hybrid working, allowing for two days from home, and requires a proactive approach to work.
  • Salary details are not provided, but candidates should have a proven track record in a similar role, typically requiring several years of relevant experience.

SERVICE CHARGE ACCOUNTANT

Hybrid working - 2 days from home

Our client is looking for an experienced Service Charge Accountant to join their highly successful Property Management company. Their portfolio is extremely "high end" and as such they are looking for someone who is proactive in their approach to working life

The role is to work within the service charge accounts team, preparing and finalising the reconciliations of internally certified service charge accounts to a high standard.

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 Property 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 for the Property Managers approval.
  • Completing reconciliation of prior agent information following new property purchases, ensuring this is dealt with in line with the sales contract. Liaising with the previous agent to resolve any issues.
  • Completing the closure of the final service charge reconciliation following property sales, ensuring this is completed in line with the sales contract.
  • 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.

What is required

  • 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.
  • Team player

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) Ltd wishes you the best of luck in your job search.

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

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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.