Property Accountant (landlord/client side) - West End - £45k - £55k

Property Accountant (landlord/client side)
West End
£45k - £55k

The role: Manage a portfolio of properties within the Property Management department, providing support to Property Surveyors to ensure clear and accurate accounting to the tenants and finance department.

Duties:

• Set up new properties; units and leases on the property database.
• Ensure all charge raising is complete within set time frames on both monthly and quarterly periods, including rent, service charge on accounts, licence fees etc.
• Ensure all void funding is demanded within set time frames.
• Demand the annual insurance premiums and to reconcile recharges.
• Monitor property funding, highlighting shortfalls and overspends.
• Input service charge budgets updating the on-account charge; apportionments and void funding for each property.
• Reconcile annual service charges, posting journals, accruals and prepayments as agreed with the Property Surveyor.
• Arrange external audits, Once agreed, demand the excess/surplus from the tenants to close the accounts within four months of the year end.
• Complete the cash reconciliations for all funds processed through the property, ensuring the outstanding items are cleared down on a six monthly basis and funds recovered correctly.
• Carry out quarterly review of income v budget for all tenants to ensure correct recovery.
• Reconcile service charge bank accounts on a quarterly basis.
• Quarterly reporting to the Finance Department via client statements, balances by sub ledger and rent roll report.
• Reporting VAT liability to the Finance Department quarterly
• Client reporting for a number of JV clients.
• Processing head rents reporting and reporting on a quarterly basis.
• Quarterly rental and service charge collections.

Requirements:

• Excellent knowledge of client accounts (commercial property) and come from a similar position.
• Strong communication and presentation skills.
• Previous experience of service charge accounting / lease maintenance and audit process.
• Advanced Excel skills.

Why should you work for this company?

• An opportunity to work for one of Londons prestigious real estate investors
• An iconic portfolio
• Excellent benefits with high staff retention
  
  

Interview process:

• 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.