Client Accountant – Real Estate -Central London

Ref: (Ref: A21O966 )
Salary: £ 45,000 - 50,000
Specialist Area: Property Accountant
Type: Permanent
Start Date: ASAP

Client Accountant – Real Estate - OUR CLIENT is a well-established property owner/investor in commercial and residential real estate across London and the UK. They have acquired assets across multiple sectors including retail, leisure, residential, multi-let and hotels. The Group has an established long-term portfolio under management and further aspirations to grow the portfolio, with a range of new investment requirements and an appetite to attract new property management instructions. They now require a Client Accountant to join the finance team based in London.

THE ROLE: Client Accountant responsibilities will include:

Service Charge Accounting:

• Preparing and completing annual service charge reconciliations.

• Implementing service charge budgets and updating the system accordingly.

• Reviewing and monitoring service charge budgets and expenditure.

• Issuing quarterly variance reports and ensuring expenditure is reviewed with the Facilities Manager and Property Manager.

• Liaising with property managers and external auditors regarding reconciliations and queries.

• Ensuring timely and accurate apportionment of service charges to tenants.

• Calculating/reviewing CAP calculations provided by the property managers.

• Liaising with tenants to support the Property Managers and Facilities Managers to handle any service charge reconciliation/budget queries.

Lease Input and Maintenance:

• Inputting and maintaining lease data accurately in the property management system.

• Monitoring lease changes and ensuring financial systems are updated promptly.

• Supporting onboarding of new properties and tenants with correct financial set-up.

Client Reporting:

• Preparing and delivering regular and ad hoc client reports including client statements, bank reconciliations, VAT reports and VAT returns.

• Ensuring all client financial deliverables meet agreed deadlines and quality standards.

Cash Flow and Treasury Management:

• Monitoring bank accounts and ensuring optimal cash management across portfolios.

• Preparing short- and long-term cash flow forecasts.

• Reviewing and authorising payments to suppliers and clients.

Team Collaboration and Support:

• Acting as a key point of contact between the finance team, property managers, and external stakeholders.

• Contributing to process improvements and system developments within the finance function.

• Supporting the year-end audit and statutory reporting process.

THE PERSON: To apply for the Client accountant role, you will have:

• Minimum 3-5 years of experience in property accounting, ideally within commercial real estate.

• Strong working knowledge of service charge accounting and RICS code compliance.

• Experience with property management systems such as QUBE/TRAMPS/YARDI

BENEFITS:

• Study Support.

• Pension.

• Healthcare.

• Bonus.

• Hybrid (1 day from home).

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Please note that due to volume we cannot get back to everyone, however every application is looked at and considered and will be held on Trident International’s database for review. If you have not heard back from us within 5 working days you should assume your initial application has been unsuccessful, however if suitable roles arise in the future we will make every effort to contact you.