Service Charge Accountant-Central London

Ref: (Ref: A19O618)
Salary: £ 30,000 - 35,000
Specialist Area: Service Charge Accountant
Type: Permanent
Start Date: ASAP


Our Client are a well-established residential  property management company based in Central London who provide a high quality service in all areas of property management are looking to take on a Service Charge Accountant to join their team.


The Role:

  • Producing Budget vs Actuals/financial reporting for all clients either quarterly or half yearly.
  • Reconciling Service Charge Year Ends.
  • Working through end of year routines for service charge funds.
  • Re-coding/moving expenditure onto the property management system.
  • Posting any adhoc tenant recharges that need to be recovered .
  • Responsible for preparing bank reconciliations.
  • Setting up and maintaining owner, Property, Unit and Tenant details on a property management system.
  • Ensuring RICS/ARMA Service Charge Residential Management Code is adhered to.
  • Responsible for Year-end account distribution within the timeframe set out by ARMA and Companies House .
  • Raising adhoc fees and recharging to clients.
  • Running, raising and distributing annual budgets.
  • Running periodic demands and distributing them to clients.
  • Liaising with Clients regarding any financial queries.
  • Responsible for daily banking/processing of cheques.
  • Maintaining Company control sheets and update on a regular basis.
  • Providing external accountants with relevant documentation and calculations for service charge year ends.
  • Calculating accruals and prepayments.
  • Tenant/Supplier payment queries.


The Person: To apply, you MUST have a good understanding of leasehold property accounts as well as experience in producing service charge accounts for residential block properties. The successful candidate will be literate in Excel and a property management system such as (QUBE/Tramps/Yardi) as well as be strong interpersonally and work under their own initiative. This is a growing company so it is a great opportunity for someone to develop and grow their career. 


ONLY APPLY IF YOU HAVE PROPERTY ACCOUNTING EXPERIENCE.


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