SERVICE CHARGE ACCOUNTANT - Property Investor - OUR CLIENT is a sizeable and successful £multi-billion global real estate investor and developer who have recently gone through a period of restructuring and are focussed on driving new systems, processes and efficiencies. Because of this and internal promotion, they have a requirement for a Commercial Service Charge Accountant with strong IT literacy to join their central finance team.
THE ROLE will assume responsibility for the management of the portfolio of service chargeable properties and will be expected to ensure that year end reconciliations are completed according to RICS regulations. The core role of Service Charge Accountant will focus on:
- Preparing annual service charge budgets - inc. apportionments and on accounts calculation.
- Completing year end closure and billing of balancing service charges to tenants.
- Preparing year end service charge reconciliations, including invoice collation, analysis of income and expenditure, journals and accruals.
The broader role includes:
- Preparing quarterly analysis of service charges.
- Reviewing leases to ensure that correct apportionments are applied.
- Communicating variances to budget and statement of funds to internal management.
- Liaising with Asset Managers, Building Managers, External Management Agents.
- Reviewing and coding invoices according to programme.
- Completing year end closure and billing of balancing service charges to tenants.
- Monitoring cost on a regular basis and compare against budgets.
- Reconciling demised utility recharges based on collated meter readings and post journals to credit service charge liability.
- Enhancing efficiency of service charge processes.
- Responding to tenant queries in a timely manner.
- Assisting with General Ledger maintenance.
THE PERSON: The successful candidate for the Service Charge Accountant role will:
- Possess a minimum of c2 years' Service Charge accounting experience within a commercial property environment - from either an agency or property investment company.
- Have previous experience in handling property-based accountancy packages - e.g. TRAMPS / MRI QUBE / YARDI or similar along with solid Excel skills and high IT Literacy.
- Join a small hard-working team and must be able to work closely with and communicate well to that team.
- Be able to work on their own initiative, be adaptable with good organisation skills and be able to plan their workload and resolve problems efficiently.
BENEFITS:
- Hybrid working - one day from home (Excluding Monday & Friday).
- Study Support.
- Pension - auto enrolment, but the company also offers enhanced contribution option.
- Life Assurance.
- Private Medical Insurance.
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. By applying for this job, you accept the Privacy Policy and Disclaimers which can be found on our website.
To learn more about our company and vacancies we are currently working on, visit our website and follow us on LinkedIn