Head of Property Accounts-London

Ref: (Ref: U19H866)
Salary: £ 40,000 - 55,000 + benefits
Specialist Area: Property Accountant
Type: Permanent
Start Date: ASAP


Our Client are an established firm of Chartered Surveyors who have been operating mainly in the South East region for over a century. They offer various services to clients who own commercial and residential properties. They are now looking for an experienced Head of Property Accounts to run and manage the client / service charge accounting function. The successful person will be running a commercial property portfolio and oversee a small team of client accountants.


The Role will require the person to fulfil the following duties:

Client accounting:

  • Accounting to clients either monthly or quarterly as required.
  • Attending client and tenant meetings as required.
  • Preparing draft annual budgets and agree them with the properties managers.
  • Preparing final budgets upon agreement with the property managers.
  • Working with auditors at year-end.
  • Setting up new clients/properties/tenants on the property system.
  • Responsible for the handover of new instructions.
  • Preparing and submitting, whether to client or HMRC, of quarterly VAT reports/returns. Maintaining resister of all non-resident landlords.
  • Handling the quarterly return and deduction of tax from non-registered clients and subsequent payment to HMRC.

 Other:

  • Managing a team of accounts assistants/client accountants.
  • Providing training to new systems users.
  • Analysis of department’s monthly Profit and Loss figures as provided by the Group Accountant.
  • Managing new business with property managers.
  • Preparing monthly bank reconciliation.
  • Monthly review of all RICS regulated bank accounts with head of department.
  • Reporting monthly income forecasts to group accountant.

 

The Person to apply must have a proven track record of leading and managing a team within a commercial property accounting environment. They will have sound client and service charge accounting experience be a solution driven manager. Knowledge of various property legislations is key. Experience and in-depth knowledge of a property management system is needed as this role will require someone to teach and train other users.  An understanding of the residential property management sector will be a value-add. This is a good role for someone who is looking to run, manage a client accounting function and make it their own.





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