Service Charge Accountant

Service Charge Accountant

London | £40,000 - £50,000

Our client, a Residential Managing Agent, is seeking a Service Charge Accountant to join its Central Finance team.

• To provide property managers with financial information within a reasonable timeframe
• To deal with day‑to‑day queries from clients and Property Managers.
• Producing periodic reporting to Clients / Property Managers
• Responsible for producing variance analysis reports - actual vs budgets.
• Ensure service charge budgets are entered into the system accurately and within a timely manner
• Processing Service Charge invoices when required
• Oversight of regular bank reconciliation process
• Assist the Property manager in financial interpretation and analysis
• Prepare service charge accounts summaries and associated schedules for auditors
• Work with and assist auditors when required
• Completing the annual service charge accounts for properties under management and issuing balancing charges/credits
• Responsible for preparing dormant statutory accounts
• Preparing monthly management accounts and budget reports
• Process agreed instructions such as adjustments to Accounts
• Uploading new buildings on the system, reconciling financial records received on handover and assuring handover has been finalised
• Controlling the accounts payable and receivable processes, liaising with the management team on outstanding debtors and creditors

• Previous experience of working in a service charge or property accounting environment
• Strong knowledge of year‑end accounts, budgets, cashflows and leases
• Experience working with client accounting software, ideally Propman
• Strong knowledge and understanding of the Landlord and Tenant Acts and relevant guidelines to producing service charge accounts.
• Ability to analyse and investigate accounting issues
• Strong communication skills, able to liaise with non‑financial client base and work colleagues

• An opportunity to work in a small to mid‑size property management company working closely with the Head of Finance
• Opportunity to potentially work across commercial service charges in future
• Excellent benefits package including ACCA/CIMA study package

• Two stage process
• 1st stage on Teams/Zoom
• 2nd stage held face to face in the office

If you would like further information on this opportunity please apply online with your updated CV or contact Holly Osborn or Alec Mackenzie