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Service Charge Accountant

Cobalt Recruitment
Posted 19 days ago, valid for a day
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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  • Our client, a prestigious real estate development and management company, is seeking a Service Charge Accountant to manage estate and service charge responsibilities.
  • The ideal candidate should have strong experience in service charge accounting, particularly with large residential properties, and a minimum of 3 years of relevant experience.
  • This role offers a competitive salary of £45,000 to £55,000, along with the opportunity for career progression in a dynamic work environment.
  • The position allows for a hybrid work model, with 4 days in the office and 1 day working from home, offering flexibility to the right candidate.
  • Candidates must possess excellent communication skills and the ability to build strong relationships within the organization while adhering to RICS/ARMA guidelines.

Our client is a prestigious real estate development and management company renowned for shaping one of the most iconic business districts in the world. With a diverse portfolio spanning commercial, retail, and residential properties, this forward-thinking company is a leader in urban regeneration and infrastructure development. Known for its commitment to sustainability, innovation, and high-quality service, this organisation offers an exciting and dynamic environment for professionals looking to make a significant impact in the real estate sector.

Due to continuous growth, our client is looking for a Service Charge Accountant to join their team being responsible for all estate management and service charge responsibilities. The ideal person for this opportunity will have a strong history working across residential properties on the landlord/ client side for a real estate business. This role will be working 4 days in the head office and 1 day working from home however flexibility is offered along with clear career progression.

Responsibilities:

  • Support building managers in preparing service charge budgets and ensuring timely and accurate input into the property management system to meet client and internal reporting deadlines.
  • Prepare service charge reconciliations, ensuring accounts are completed and delivered on time, aligned with client expectations.
  • Issue quarterly service charge demands promptly and efficiently.
  • Perform reconciliations and process recharges for tenant direct recoveries.
  • Conduct monthly reviews of balance sheet accounts to ensure accuracy and compliance.
  • Uphold best practices by adhering to RICS/ARMA service charge guidelines, ensuring compliance and consistency.

Requirements:

  • Strong experience and in-depth knowledge of service charge accounting are essential. Expertise in managing large, complex residential or estate service charges is highly desirable.
  • Excellent communication skills
  • Able to work under pressure and use own initiative when needed
  • Ability to build strong working relationships across the organisation, both internally and externally.

If you are a Service Charge Accountant looking for your next challenge and meet the criteria above please apply today with the latest 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.