Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Prepare and finalize service charge accounts for audits and clients.
- Company: Join a top-notch Property Consultancy known for exceptional service nationwide.
- Benefits: Gain experience in a dynamic environment with potential for growth.
- Why this job: Perfect for detail-oriented individuals who want to make an impact in property management.
- Qualifications: Experience in accounting or finance is a plus; familiarity with TRAMPS is desirable.
- Other info: Opportunity to work with a supportive team and develop your professional skills.
The predicted salary is between 36000 - 60000 £ per year.
Cobalt is excited to partner with a Property Consultancy specialising in residential, industrial, retail, and office portfolios to support them in finding a Service Charge Accountant. This company are known for their excellent service across the country. In this role as a Service Charge Accountant you will be responsible for preparing statutory and service charge accounts for both residential and commercial properties. Key duties include uploading service charge budgets, liaising with external auditors, and raising service charge invoices. The company uses TRAMPS as its current property management system – this is desirable. Duties: Prepare and finalise the service charge accounts for external audit. Ensure timely issuance of any excess service charges to lessees, tenants, and clients. Calculate accruals and prepayments as necessary. Liaise with external accountants to meet deadlines. Analyse expenditure for miscoding. Ensure correct apportionment of budget charges in line with leases. Provide accurate expenditure figures for year-to-date estimates and budgets for comparison. Address technical aspects of accounts preparation as per client leases and ARMA/RICS regulations. Collaborate with managers to finalize accounts and meet accounting requirements specified in the RICS Code and te…
Service Charge Accountant employer: Cobalt Recruitment
Contact Detail:
Cobalt Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Service Charge Accountant
✨Tip Number 1
Familiarize yourself with the TRAMPS property management system, as it's a desirable skill for this role. If you haven't used it before, consider taking an online course or watching tutorials to get a basic understanding of its functionalities.
✨Tip Number 2
Brush up on your knowledge of ARMA and RICS regulations. Understanding these guidelines will not only help you in the interview but also demonstrate your commitment to compliance and professionalism in the field.
✨Tip Number 3
Network with professionals in the property consultancy sector. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities within their companies.
✨Tip Number 4
Prepare to discuss your experience with preparing statutory accounts and service charge accounts. Be ready to share specific examples of how you've managed budgets, liaised with auditors, and ensured compliance with accounting standards in previous roles.
We think you need these skills to ace Service Charge Accountant
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Service Charge Accountant position. Understand the key responsibilities and required skills, especially the importance of preparing statutory and service charge accounts.
Highlight Relevant Experience: In your CV and cover letter, emphasize any previous experience you have with service charge accounts, property management systems like TRAMPS, and liaising with external auditors. Specific examples will make your application stand out.
Tailor Your Application: Customize your cover letter to reflect your understanding of the company's values and how your skills align with their needs. Mention your ability to analyze expenditure and ensure compliance with ARMA/RICS regulations.
Proofread Your Documents: Before submitting your application, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your attention to detail, which is crucial for an accounting role.
How to prepare for a job interview at Cobalt Recruitment
✨Know Your Numbers
As a Service Charge Accountant, you'll be dealing with financial data daily. Brush up on your accounting principles and be ready to discuss how you handle service charge accounts, including accruals and prepayments.
✨Familiarize Yourself with TRAMPS
Since the company uses TRAMPS as their property management system, it’s a good idea to familiarize yourself with it. If you have experience with similar systems, be prepared to explain how that knowledge can transfer to TRAMPS.
✨Understand Client Leases and Regulations
Make sure you understand the technical aspects of accounts preparation as per client leases and ARMA/RICS regulations. Be ready to discuss how you ensure compliance in your previous roles.
✨Prepare for Scenario Questions
Expect scenario-based questions where you might need to analyze expenditure or address miscoding issues. Think of examples from your past experience where you successfully navigated similar challenges.
