Property Accountant (landlord/client side) - City/East London - £45k - £55k

Property Accountant
East London/Docklands
£45-£55K

Office 4:1

The role:

Manage the year end service charges and subsequent reporting for a prestigious mixed use development.

Duties:

• Produce Service charge accounts and liaise with auditors and ensure final accounts are reconciled

• Provide up to date financial information to Property Directors and leaseholders.
• Lead on entering annual budgets and raising of service charge demands to lessees, and assist in the collection of service charges
• Review ground rent demands raised on lessees, and ensure that ground rent returns are made to Freehold clients in an accurate and timely manner.
• Review, monitor and control all outgoings from the client bank accounts
• Complete bank reconciliations on a monthly basis
• Prepare the apportionment of final expenditure between lessees compared to service charges demanded on account.
• Prepare voids schedules and forecasts for freehold clients
• Prepare monthly VAT reports
• Posting any adjustments required, closing down year ends on the system and uploading balancing charges or credits
• Prepare weekly and monthly management summary reports
• Undertake monthly ground rent summaries for clients
• Preparation of reports (with accruals and prepayments) on actual vs budgeted expenditure at least quarterly, moving to monthly
• Ensuring any client/leaseholder enquiries are dealt with in a timely, helpful and professional manner.
• Assisting with the internal audit of client procedures and monies.

Requirements:

• Good experience of service charge reporting gained either in practice or in the finance department of a Residential Managing Agent
• Advanced Excel skills
• Knowledge of a PMA system
• Professionalism and an appreciation of Property accounting compliance requirements

Why should you work for this company?

• They are a leading urban regeneration developer
• They champion internal progression
• A chance to work on some of London's most prestigious mixed use developments. Some truly unique properties.
  

Interview process:

• One stage process
• 1st stage face to face

If you would like further information on this opportunity please apply online with your updated CV.

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