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Service Charge Accountant

Michael Page
Posted 11 hours ago, valid for 14 days
Location

Milton Keynes, Buckinghamshire MK93GA, England

Salary

£38,000 - £43,000 per annum

Contract type

Full Time

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Sonic Summary

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  • We are seeking a meticulous service charge accountant to join our Accounting & Finance department in the property and housing industry.
  • The ideal candidate should possess a strong educational background in Accounting, with prior experience as a service charge accountant or in a similar role.
  • Key responsibilities include managing service charge invoicing, supporting leaseholders, and ensuring accurate financial reporting and reconciliation.
  • The position offers a full-time salary of up to £43,000, along with a supportive work environment and opportunities for professional development.
  • Candidates should have excellent numerical skills, attention to detail, and proficiency in accounting software and Microsoft Office Suite.

We are looking for a diligent and competent service charge accountant to join our Accounting & Finance department in the property and housing industry. The ideal candidate should have a keen eye for detail, outstanding numerical skills, and the ability to work in a fast-paced environment.

Client Details

Our client is a large-sized organisation in the property and housing industry. They are renowned for their focus on customer satisfaction and commitment to providing high-quality services. With a well-established presence in Milton Keynes and the UK, they have a robust reputation for fostering a supportive and productive work environment.

Description

* Accurately input property details to set up new sites on our property and service charge management system.

* Generate and distribute service charge and rent invoices in accordance with lease agreements, ensuring timely and accurate billing.

* Provide professional and efficient support to leaseholders regarding their accounts, payments, and service charge statements, ensuring queries are resolved in a timely manner.

* Verify and process invoices related to service charge expenses, ensuring payments to contractors and suppliers are made in accordance with agreed terms.

* Monitor and review expenditure against budgets, identify and investigate variances, and post corrections where required.

* Meet monthly with Property Managers to provide insights into budget performance and highlight areas of overspend.

* Ensure bank transactions are accurately recorded and reconciled to maintain financial integrity and track service charge fund movements on a weekly basis.

* Calculate and post prepayments and accruals to ensure service charge accounts reflect true financial positions at month-end and year-end.

* Preparing year-end accounts pack to trial balance and supporting schedules.

* Act as a key point of contact for external auditors and accountants, ensuring all required financial documentation is provided efficiently.

* Prepare and issue balancing charges and year-end reports to leaseholders.

* Support Property Managers to create and review draft service charge budgets.

Profile

A successful service charge accountant should have:

  • A strong educational background in Accounting or a related field
  • Experience as a service charge accountant or similar
  • Proficiency in using accounting software and Microsoft Office Suite
  • Excellent numerical and analytical skills
  • Strong organisational and time-management abilities
  • A high level of accuracy and attention to detail
  • Good communication and interpersonal skills

Job Offer

  • A FTE salary up to 43,000
  • An engaging and supportive work environment
  • Opportunities for professional development within the Insurance industry
  • Complimentary access to company services
  • Ample holiday leave

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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.