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- Tasks: Help manage service charge budgets and ensure timely reporting using Yardi.
- Company: Join a dynamic team focused on property management excellence.
- Benefits: Enjoy flexible work options and opportunities for professional growth.
- Why this job: Gain valuable experience in accounting while making an impact in property management.
- Qualifications: Must have experience in service charge accounting, especially with complex residential properties.
- Other info: Collaborate with building managers and directors in a supportive environment.
The predicted salary is between 36000 - 60000 £ per year.
Main Responsibilities: Assist building managers in preparation of service charge budgets and input into Yardi system within expected timeframes for Client & internal reporting requirements. Ensuring best practice with RICS/ARMA service charge guidelines. Preparation of Service charge reconciliations to ensure the accounts are issued in a timely manner in accordance with client expectations. Resolve queries raised by Landlords and Tenants Reviewing service charge expenditure and investigating variances. Attend monthly and quarterly budget meetings with building mangers. Liaising with the CWML Managing Directors and Directors on monthly and quarterly accounts. Raise quarterly service charge demands in a timely manner. Reconciliation & recharge of tenant direct recoveries. Monthly reviews of balance sheet accounts. Preparation/ Reconciliation of trial balances. Reconciliation /calculation of landlord liabilities Accounting for PRS (Private Rental Sector) properties, including monitoring performance against KPI’s. Liaise with auditors and the financial accounts team as required Assist the wider service charge team What We Require of You: 1. Experience with and a deep understanding of service charge accounting is essential – experience with large complex residential service charge or estate s…
Property Accountant employer: Cedar Recruitment Careers
Contact Detail:
Cedar Recruitment Careers Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Property Accountant
✨Tip Number 1
Familiarize yourself with Yardi and other property management software. Since the role involves inputting data into the Yardi system, having hands-on experience or knowledge about it can set you apart from other candidates.
✨Tip Number 2
Brush up on RICS/ARMA service charge guidelines. Understanding these best practices will not only help you in your day-to-day tasks but also demonstrate your commitment to industry standards during interviews.
✨Tip Number 3
Prepare for discussions around service charge reconciliations and variances. Be ready to share examples of how you've successfully resolved similar issues in past roles, as this will showcase your problem-solving skills.
✨Tip Number 4
Network with professionals in the property accounting field. Attend industry events or join relevant online forums to connect with others who may provide insights or even referrals for the position at StudySmarter.
We think you need these skills to ace Property Accountant
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Property Accountant position. Highlight key responsibilities and required skills, such as experience with service charge accounting and familiarity with Yardi systems.
Tailor Your CV: Customize your CV to reflect your relevant experience in service charge accounting. Include specific examples of your work with budgets, reconciliations, and any software you have used, particularly Yardi.
Craft a Strong Cover Letter: Write a cover letter that connects your experience directly to the responsibilities listed in the job description. Mention your understanding of RICS/ARMA guidelines and how you have successfully managed service charge budgets in the past.
Highlight Your Communication Skills: Since the role involves liaising with various stakeholders, emphasize your communication skills in both your CV and cover letter. Provide examples of how you've effectively resolved queries or collaborated with teams in previous roles.
How to prepare for a job interview at Cedar Recruitment Careers
✨Show Your Expertise in Service Charge Accounting
Make sure to highlight your experience and deep understanding of service charge accounting during the interview. Be prepared to discuss specific examples from your past roles, especially those involving large complex residential service charges.
✨Familiarize Yourself with Yardi System
Since the role involves inputting data into the Yardi system, it’s crucial to demonstrate your familiarity with this software. If you have prior experience, share how you utilized it effectively in your previous positions.
✨Prepare for Budget Meeting Scenarios
Expect questions related to budget preparation and reconciliation. Prepare to discuss how you would handle discrepancies in service charge expenditure and how you approach monthly and quarterly budget meetings.
✨Understand RICS/ARMA Guidelines
Research and understand the RICS and ARMA service charge guidelines. Being able to articulate how you ensure compliance with these best practices will show your commitment to maintaining high standards in your work.
