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Property Accountant

Cedar
Posted a day ago, valid for 16 days
Location

London, Greater London SW1A2DX, England

Salary

£55,000 per annum

Contract type

Full Time

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Sonic Summary

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  • The job involves assisting building managers with service charge budgets and inputting data into the Yardi system, ensuring compliance with RICS/ARMA guidelines.
  • Candidates should have experience in service charge accounting, particularly with large complex residential or estate service charges, and ideally be part qualified accountants.
  • Strong communication skills, proficiency in property management systems (especially Yardi), and good Excel skills are essential for this role.
  • The position requires the ability to work under pressure and establish relationships across various departments, particularly with senior management.
  • The salary for this position is competitive, and candidates should have at least a few years of relevant experience in the field.

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.

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