Service Charge Accountant

Are you looking for a new challenge? POD has a new vacancy for a Service Charge Accountant.

Primary purpose of the role:

The Service Charge Accountant is primarily responsible for the timely production of service charge accounts, monthly reporting, including accruals and prepayments, and managing the Section 20b process and client money handling in accordance with the appropriate codes of practice and RICS standards/ARMA Guidelines. This role plays a vital part in ensuring accurate financial reporting related to service charges, supporting the Finance Team, and contributing to the overall financial integrity of POD.

Desirable

• Has MRI Qube systems knowledge and experience
• Has experience is working within a finance team in the property sector
• Analyzing and interpreting financial reports
• Studying towards an accounting qualification (ACCA, CIMA)

Must haves

• Intermediate excel knowledge, using basic formulas, V-lookups and pivot tables
• Experience in accruals based accounting
• Good communication skills, written and verbal.
• Solution driven and forward thinking.
• Minimum 2 years’ experience in a financial role

Key Responsibilities:

Service Charge Accounts:

Prepare and produce service charge accounts in a timely manner to POD Standards ensuring the need for Section 20b for the late issuing of accounts is not required.

Review and analyse financial transactions to ensure completeness and accuracy whilst resolving any balance sheet anomalies.

Ensure any void units are billed appropriately to the Developers and are reflected correctly within the accounts.

Work closely with the property management team and customers to gather and review information to ensure clear and transparent finance reporting.

Attend meetings internally, with clients and external auditors during the accounts process in order to finalise service charge accounts.

Prepare dormant and company accounts, and issue Trust Tax returns where necessary.

Monthly Reporting:

Prepare monthly financial reports, energy reconciliations, including income statements, and cashflow monitoring adhering to RICS standards, ARMA Guidelines.

Perform monthly accruals and prepayments to ensure expenses and receipts are recognised in the appropriate accounting period.

Reconcile accounts and resolve any discrepancies in a timely manner.

Financial Analysis:

Assist in the analysis of service charge variances and cashflow

Reconcile financial information from previous managing agents and to incoming agents ensuring data is reconciled and correctly reflected in our systems, raising any gaps or concerns to management.

Provide insights on financial performance and participate in budgeting and forecasting processes related to service charges.

Collaboration and Communication:

Collaborate with cross-functional teams to support business objectives.

Communicate financial information and or risk effectively to stakeholders at all levels of the organisation.

PERSONALSPECIFICATION:

At POD we are committed to:

The POD Values

YoushouldalwaysdisplaythekeyPODvalues:

• Meticulous-preparation,process,detail,diligent,methodical,specific
• Dedicated-commitment,belief,passion,self-discipline,enthusiasm
• Smart-innovative,resourceful,original,creative,effective
• Supportive-collaborative,honest,communicative,flexible,team-player

CustomerService

Act as an ambassador of the POD brand, recognising the importance of excelling at customer service both externally and internally.

• Alwaysinteractinanenthusedandempatheticmanner
• Answerthephonepolitely,identifyingyourselfandthePODbrand.
• Answer emails and any other medium of correspondence politely, identifying yourself and the POD brand.
• Respond to complaints or concerns and find the appropriate solution. Seeking the support of your wider POD team as appropriate.
• Beempatheticinrelationtoourcustomers’requests,queries,orconcerns.
• Requestfurtherinhousetrainingorlearningifyoudeemitisrequired.

22 Days Holiday

Length of Service Holiday Increse

1 extra holiday per year for Birthday Leave

Health Cash Back Scheme

This role is a Full Time role based in the Office with a Great Finance Team of 10 Employees!