At a Glance
- Tasks: Support the Senior Property Accountant with financial records and reporting.
- Company: Join a dynamic team in the heart of Canary Wharf, focused on property management.
- Benefits: Enjoy a stable 40-hour work week with a professional environment.
- Why this job: Gain valuable experience in accounting while contributing to property management success.
- Qualifications: 3 years of service charge accounting experience; part-qualified ACA, ACCA, or AAT preferred.
- Other info: Work permit may be required for non-passport holders.
The predicted salary is between 36000 - 60000 Β£ per year.
Property Accountant β Permanent β Canary Wharf
Hours: 40 per week, 08.30am β 17.30pm Monday to Friday
Role & Responsibilities
- To support the Senior Property Accountant in maintaining the accounting records for their appointed schemes
- To carry out all basic accounting procedures to ensure that financial information is accurate and available on a timely basis.
- To interact with all stakeholders outside of the department in a professional manner
- Advising Property Directors on any accounting issues associated with annual service charge budgets and to assist as required in the production, distribution and processing of budgets
- To check that all properties, units and tenant details are correctly held on the property management system.
- To update and change any Service charge or Ground rent amounts relating to Property transfers and sales.
- To prepare monthly ground rent returns for submission to Freehold clients.
- To draft monthly service charge income and expenditure reports for the Senior Property Accountant to discuss with the Property Directors
- To draft the monthly variance analysis reports and highlight any areas of budgetary anomalies
- To process journals reallocating expenditure as necessary
- To support the on-site development teams with Propman system and purchase order best practice, invoice coding, expense forms and requests for payment.
- Oversee the completion of bank reconciliations on a monthly basis for all designated schemes.
- To support the on-site development teams with Propman system and purchase order best practice, invoice coding, expense forms and requests for payment.
- To support the work of the purchase ledger team through obtaining payment runs for approval by the Senior Property accountant.
- Dealing with daily transactions for on-site petty cash and ensure that returns are properly authorised and coded.
- To monitor development scheme cashflow and forecasting at least 12 months ahead.
- Bill periodic ground rent, service charges, insurance and other charges to lessees or occupiers.
- Bill directly recoverable charges to lessees/occupiers.
- Assist with the service charge audit review at year end and check for all invoices against expenditure before passing to the external accountants.
- Send out service charge accounts to leaseholders once completed along with all relevant information
Skills & Experience
- Must have at least 3 yearsβ experience of managing service charge accounting.
- Must be part qualified ACA, ACCA, AAT and actively working towards a professional qualification, or qualified by experience
- Must be interested in the property management sector and be able to engage with colleagues in an effective manner and support colleagues as required.
- Must be competent with accounting software packages and knowledge of property management software would be an advantage
Please note that if you are NOT a passport holder of the country for the vacancy you might need a work permit. Check our Blog for more information.
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Created on 25/06/2025 by TN United Kingdom
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Property Accountant employer: Ballymore
Contact Detail:
Ballymore Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Property Accountant
β¨Tip Number 1
Familiarise yourself with the property management software mentioned in the job description. If you have experience with similar systems, be ready to discuss how you've used them effectively in past roles.
β¨Tip Number 2
Network with professionals in the property management sector. Attend industry events or join relevant online forums to connect with others who can provide insights or even referrals for the role.
β¨Tip Number 3
Brush up on your knowledge of service charge accounting and related regulations. Being able to speak confidently about these topics during an interview will demonstrate your expertise and interest in the field.
β¨Tip Number 4
Prepare specific examples from your previous work that showcase your ability to manage financial records and interact with stakeholders. This will help you illustrate your skills and experience effectively during the interview.
We think you need these skills to ace Property Accountant
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights your experience in service charge accounting and any relevant qualifications like ACA, ACCA, or AAT. Use specific examples from your past roles that demonstrate your ability to manage financial records accurately.
Craft a Strong Cover Letter: Write a cover letter that addresses the key responsibilities of the Property Accountant role. Mention your interest in property management and how your skills align with the company's needs. Be sure to convey your enthusiasm for the position.
Highlight Relevant Skills: In your application, emphasise your proficiency with accounting software and any experience you have with property management systems. This will show that you are well-equipped to handle the technical aspects of the job.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for an accounting role.
How to prepare for a job interview at Ballymore
β¨Know Your Numbers
As a Property Accountant, you'll be dealing with financial records and budgets. Brush up on your accounting principles and be prepared to discuss your experience with service charge accounting and any relevant software you've used.
β¨Showcase Your Communication Skills
You'll need to interact with various stakeholders, so highlight your ability to communicate effectively. Prepare examples of how you've successfully collaborated with colleagues or clients in the past.
β¨Demonstrate Problem-Solving Abilities
Be ready to discuss how you've handled discrepancies in financial reports or resolved issues related to service charges. Employers appreciate candidates who can think critically and offer solutions.
β¨Familiarise Yourself with the Company
Research the company and its property management practices. Understanding their values and operations will help you tailor your responses and show genuine interest in the role.