Job Title: Commercial Client Accountant
Salary: £30k - £35k
Location: West End - London
Summary:
With around £2.5bn under management, we are representing one of the UK's leading commercial asset and property managers. Focussing largely on shopping centres and a portfolio across the UK, they have around a 90% occupancy rate.
They are looking for a Commercial Client Accountant to come and join their team. Ideally with 1-2 year's experience, you would be focussed on the below duties:
- Assist in the preparation of client statements, VAT reports, trial balances, general ledgers and client reports
- Action instructions from property accountants, which can include creation of new debtors with new leases, amending accounts etc.
- Raising rent, service charges, insurance recharges or ad hoc charges to tenants
- Raising of void/vacant units service charge liabilities for the client
- Entering service charge budgets onto the system, updating apportionments and tenants on account charges
- Assist in the preparation and reconciliation of annual service charge accounts as well as liaising with the service charge auditor for the audit
- Payover to the client in line with agreed procedures as well as record transactions on the system
- Monthly reconciliation of client bank accounts including investigation and correction of reconciling items
- Processing of supplier's invoices and setting up payments in Barclays
- Initiating payovers and other bank transfers
Required Skills & Experience:
- Ability to work with the client accountants to find solutions to issues and improve processes.
- Ability to set up lease records and process amendments to leases.
- Ability to identify funds available for transfer to client and reconcile rent balance held.
- Ability to produce accurate client statements on a timely basis.
- Knowledge of how to input service charge budgets and amend apportionments and on account charges.
- Knowledge of how to close service year ends and demand balancing service charges.
- Ability to reconcile service charges and make the necessary amendments on the system.
- Minimum 1-2 years commercial property accounting.
- Preferably with experience focussed on shopping centres.
- Experience working with property management software.
Benefits:
- Hybrid Options: to be agreed.
- Trustee owned business - employees get a share of profit.
- Competitive salary up to £35k.
- Progression and training opportunities.