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Job Title: Service Charge AccountantLocation: North West LondonSalary: £45,000
About the Role:WE are seeking an experienced Service Charge Accountant to join our dedicated team, supporting the financial management of a growing portfolio of high-end residential and mixed-use developments. This role is pivotal in ensuring accurate and efficient service charge accounting, compliance with regulations, and delivering exceptional support to both clients and internal teams.
Key Responsibilities:
- Prepare and manage service charge budgets, ensuring accuracy and alignment with operational requirements.
- Conduct year-end service charge reconciliations and liaise with external auditors to finalize accounts.
- Monitor and manage expenditure against budgets, providing clear and detailed reports to stakeholders.
- Work closely with Property Managers to review and adjust service charge budgets as required.
- Oversee accounts payable and receivable related to service charges, ensuring timely invoicing and collections.
- Handle client and resident queries regarding service charge accounts, resolving issues promptly and professionally.
- Ensure compliance with relevant regulations, including RICS guidelines and lease agreements.
- Assist in refining financial procedures and controls to improve efficiency and accuracy.
Candidate Profile:
- Proven experience in service charge accounting, ideally within the property management or real estate sector.
- Strong understanding of lease agreements, service charge apportionments, and relevant regulations.
- Proficiency in accounting software and advanced Excel skills.
- Excellent analytical skills and attention to detail, with the ability to manage multiple priorities.
- Exceptional communication skills, with the ability to explain complex financial information to non-financial stakeholders.
- A proactive and team-oriented approach, with the ability to work collaboratively with Property Managers and other departments.
Why Join Us?
We pride ourselves on delivering premium service and fostering a collaborative, supportive environment. This role offers the opportunity to work closely with our in-house managing agent team, allowing you to make a tangible impact on how we manage and grow our portfolio.
