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Service Charge Accountant

Cobalt Recruitment
Posted 2 days ago, valid for 7 days
Location

Maidstone, Kent ME17 2BE, England

Salary

£36,000 - £43,200 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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  • Cobalt is partnering with a Property Consultancy to find a Service Charge Accountant for residential and commercial properties.
  • The role involves preparing statutory and service charge accounts, managing budgets, and liaising with external auditors.
  • Candidates should have experience with property management systems and strong knowledge of ARMA and RICS regulations.
  • The position requires a high level of accuracy and attention to detail, as well as self-motivation and organization.
  • The salary for this role is competitive, and candidates should have relevant experience in property management.

Cobalt is excited to partner with a Property Consultancy specialising in residential, industrial, retail, and office portfolios to support them in finding a Service Charge Accountant. This company are known for their excellent service across the country.

In this role as a Service Charge Accountant you will be responsible for preparing statutory and service charge accounts for both residential and commercial properties. Key duties include uploading service charge budgets, liaising with external auditors, and raising service charge invoices.

The company uses TRAMPS as its current property management system - this is desirable.

Duties:

  • Prepare and finalise the service charge accounts for external audit.

  • Ensure timely issuance of any excess service charges to lessees, tenants, and clients.

  • Calculate accruals and prepayments as necessary.

  • Liaise with external accountants to meet deadlines.

  • Analyse expenditure for miscoding.

  • Ensure correct apportionment of budget charges in line with leases.

  • Provide accurate expenditure figures for year-to-date estimates and budgets for comparison.

  • Address technical aspects of accounts preparation as per client leases and ARMA/RICS regulations.

  • Collaborate with managers to finalize accounts and meet accounting requirements specified in the RICS Code and tenant's leases.

  • Coordinate with Commercial Property Managers to prepare, approve, and issue budgets for commercial properties in accordance with the RICS Code.

Requirements:

  • Experience working on a property management system

  • Strong knowledge of ARMA and RICS regulations.

  • High level of concentration, accuracy, and attention to detail.

  • Self-motivated with a methodical and organized approach.

If you believe this opportunity aligns with your experience and skill-set, please apply with your updated 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.