£30K/yr to £38K/yr
London, England
Contract, Variable

Service Charge Accountant

Posted by Cobalt Recruitment.

A prominent property investment and management company with a dynamic portfolio in central London, specialising in iconic retail, hospitality, and residential locations. Known for cultivating vibrant, high-traffic destinations, they focus on creating sustainable, community oriented spaces that attract visitors, residents, and businesses alike.

Our client are looking to hire a Service Charge Accountant on a temporary basis for 6 - 12 months, this will be starting at the end of November. Working hours are 9AM - 5PM each day and will require you to come into their London office 4 days per week, offering 1 day working from home. This role will be working closely with another Service Charge Accountant responsible for a small number of properties.

Responsibilities -

  • Prepare annual service charge statements, ensuring accurate, timely results that align with accounting standards and the RICS code, aiming to deliver statements three months early. Includes managing the service charge audit.
  • Perform service charge balance sheet reconciliations, monitoring balances to confirm timely recharges or income recognition, and clearing balances annually.
  • Collaborate with Property Managers on detailed annual service charge budgets reflecting operational plans.
  • Create monthly service charge reports, reviewing variances and proposing adjustments.
  • Cultivate relationships with key stakeholders to enhance statement accuracy and timely balance management.
  • Support the Property Accountant and finance team as needed.

Requirements -

  • Experience in Service Charge Accounting for a real estate business is essential.
  • Background in Investment Property is beneficial.
  • Familiarity with Unit 4 and Horizon is advantageous.
  • Comfortable working in a performance-driven, results-focused environment with a commitment to excellence.
  • Strong planning skills, attention to detail, and reliability.
  • Ability to communicate and present effectively, especially with non-finance professionals.
  • Friendly and personable, contributing to a supportive team culture.

If you are seeking a temporary role as a Service Charge Account please apply today with the latest copy of your CV.

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