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- Tasks: Manage financial matters for properties and produce month-end accounts.
- Company: Join a dynamic property accounting team with a focus on collaboration.
- Benefits: Enjoy a competitive salary, bonus, and company benefits.
- Why this job: Great opportunity to develop skills in property accounting and work with diverse teams.
- Qualifications: Experience in property accounting and strong IT skills required.
- Other info: 12-month fixed-term contract with potential for growth.
The predicted salary is between 30000 - 70000 £ per year.
Role Overview
£50k + 10% Bonus + Company Benefits
We are seeking a motivated and numerate individual to join the property accounting team on a 12 Month FTC. The role involves overseeing desirable properties and reporting directly to the Financial Controller. Effective collaboration with various stakeholders across the business, including site teams, surveyors, and the wider finance team, is key to success in this role.
Responsibilities
- Manage all financial matters affecting the properties.
- Produce month-end management accounts, including VAT, bank, and control account reconciliations.
- Ensure all balances are understood monthly, specifically rent, service charge, and direct recovery funds.
- Manage cash flow for each property to ensure suppliers can be paid.
- Conduct service charge compliance reviews.
- Raise income demands in accordance with internal timetables.
- Seek improvements to departmental procedures.
- Resolve or escalate issues on a timely basis.
- Provide ad hoc reports and assist in setting up new sites as required.
- Work with the property accounting team and wider finance team to achieve departmental targets and deadlines.
- Prepare quarterly accounts for management companies and reconcile any differences.
- Liaise with the accounts payable team to resolve outstanding service charge void invoices.
- Produce year-end accounts and manage the service charge review process to ensure timely issuance of service charge packs.
- Support site teams and surveyors with financial guidance, including quarterly service charge reviews, mid-year forecasts, and ad-hoc queries.
- Provide financial support for new initiatives and commercial projects.
- Assist with the production of annual service charge budgets in accordance with RICS guidelines.
- Address occupier queries and support with ad-hoc reports as required.
Candidate Requirements
- Experience in property accounting, including RICS service charge.
- Ability to communicate confidently with both accountants and non-accountants.
- Comfortable taking on responsibility and working collaboratively.
- Quick learner with a process improvement mindset and strong problem-solving skills.
- Excellent IT skills, including proficiency in Excel and Word, and ideally experience with Qube or similar software.
For application and accessibility support, please contact your local Marks Sattin office. We're committed to protecting the privacy of all our candidates and clients, please visit /privacy for our privacy policy.
Service Charge Accountant -12M FTC employer: Marks Sattin
Contact Detail:
Marks Sattin Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Service Charge Accountant -12M FTC
✨Tip Number 1
Familiarize yourself with RICS service charge guidelines, as this role specifically requires experience in property accounting related to these standards. Understanding these guidelines will not only help you in the interview but also demonstrate your commitment to the field.
✨Tip Number 2
Brush up on your Excel skills, especially in areas like financial modeling and data analysis. Since the role involves producing month-end management accounts and cash flow management, showcasing your proficiency in Excel can set you apart from other candidates.
✨Tip Number 3
Prepare to discuss your experience in collaborating with various stakeholders, such as site teams and surveyors. This role emphasizes effective communication, so having specific examples ready can highlight your ability to work well in a team environment.
✨Tip Number 4
Research common challenges in property accounting and think about how you would address them. Being able to discuss potential improvements to departmental procedures during your interview will show that you have a proactive mindset and are ready to contribute from day one.
We think you need these skills to ace Service Charge Accountant -12M FTC
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in property accounting and any relevant qualifications, especially those related to RICS service charge. Use specific examples that demonstrate your ability to manage financial matters effectively.
Craft a Strong Cover Letter: In your cover letter, express your motivation for applying and how your skills align with the responsibilities of the role. Mention your experience with month-end management accounts and your ability to communicate with various stakeholders.
Highlight IT Proficiency: Since excellent IT skills are crucial for this role, emphasize your proficiency in Excel and Word. If you have experience with Qube or similar software, make sure to mention it as well.
Showcase Problem-Solving Skills: Provide examples in your application that demonstrate your strong problem-solving skills and process improvement mindset. This will show that you can handle the challenges that come with managing service charges and financial reviews.
How to prepare for a job interview at Marks Sattin
✨Showcase Your Property Accounting Experience
Make sure to highlight your previous experience in property accounting, especially any work related to RICS service charge. Be prepared to discuss specific examples of how you've managed financial matters for properties.
✨Demonstrate Strong Communication Skills
Since the role requires effective collaboration with various stakeholders, practice articulating your thoughts clearly. Prepare to explain complex financial concepts in a way that non-accountants can understand.
✨Prepare for Problem-Solving Scenarios
Think of instances where you've had to resolve issues or improve processes in your previous roles. Be ready to share these experiences and how they contributed to the success of your team or department.
✨Familiarize Yourself with Relevant Software
Brush up on your IT skills, particularly in Excel and any experience you have with Qube or similar software. Be prepared to discuss how you've used these tools in your past roles to manage financial data effectively.
