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Service Charge Accountant

Michael Page
Posted 6 hours ago, valid for 11 days
Location

London, Greater London SW1A2DX, England

Salary

£45,000 - £55,000 per annum

Contract type

Full Time

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Sonic Summary

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  • This role is within the Property Management Services Team, focusing on estate management and service charge responsibilities.
  • The position requires experience in service charge accounting, preferably with large complex residential or estate service charges, and a part-qualified accountant status is desirable.
  • Key responsibilities include assisting building managers with service charge budgets, preparing reconciliations, and resolving queries from landlords and tenants.
  • The role offers a salary range of £50,000 to £55,000, along with opportunities for bonuses and flexible working arrangements.
  • Strong communication skills and experience with property management systems, particularly Yardi, are essential for success in this position.

This role sits within the Property Management Services Team - who are responsible for all estate management and service charge responsibilities.

Client Details

My client is a well established but continuously growing real estate business in central London.

Description

  • Assist building managers in preparation of service charge budgets and input into Yardi system within expected time frames for Client & internal reporting requirements.
  • Ensuring best practice with 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 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
  • Liaise with auditors and the financial accounts team as required

Profile

  • 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
  • Part qualified accountant or a desire to undertake an accounting qualification is highly desirable
  • Strong communication skills, both verbal and written.
  • Experience with property management systems is essential.
  • Experience with Yardi would be an advantage.Good Excel skills and an ability to work to a high level of accuracy.
  • Ability to use initiative and work under pressure.

Job Offer

This role offers a salary of 50-55,000, an opportunity to earn a bonus and flexible working.

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By applying, a CV-Library account will be created for you. CV-Library's Terms & Conditions and Privacy Policy will apply.