Service Charge Accountant
Service Charge Accountant
Permanent Position - Hybrid Working
£40,000 - £45,000 per annum, plus benefits
London
We are excited to announce an opportunity for a Service Charge Accountant within the heart of London's West End, working alongside one of Cobalt's longstanding clients. This role is with a specialised managing agent, where you will play a crucial role in handling property accounting duties for their esteemed clientele.
In this role, you will collaborate closely with the Associate Director, overseeing 1-2 members within the Property Accounts department. With a clear pathway towards progression to supervisory or managerial roles, this position offers an excellent opportunity for those eager to step into a management role, even without prior direct supervisory experience.
Key Responsibilities:
- Preparation, reconciliation, and recharging of annual service charge accounts
- Reviewing service charge setups and maintaining ongoing service charge systems for designated properties
- Posting prepayments and accruals at the service charge year end
- Monthly review and analysis of expenditure
- Producing service charge cash reconciliations up to trial balance and identifying any funding issues
- Coordination with external auditors, addressing identified audit findings
- Liaison with property management colleagues, acting upon requirements
- Updating service charge budgets and amending occupier/landlord details accordingly
- Reconciling direct recoverables, including utility recharge journal postings
Person Specification:
- Strong self-management skills
- Able to reconcile service charges and prepare service charge cash reconciliations
- Experience in commercial or residential real estate accounting
- Excellent written and verbal communication skills, with strong interpersonal abilities
If you believe you possess the skills and drive to excel in this role, please submit your updated CV for consideration.
Required skills
- property accountant
- client accountant
- service charge
- residential properties
- service charge accountant
- senior property accountant
- commercial properties
- senior client accountant
- service charge supervisor
- senior service charge accountant
Reference: 52555063
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