Head of Finance (Service Charge)
Head of Finance (Service Charge)

Head of Finance (Service Charge)

Loughton Full-Time 75000 £ / year No home office possible
A

At a Glance

  • Tasks: Lead financial operations for property management, overseeing a team of 14 and ensuring compliance.
  • Company: Join one of London's top property developers managing diverse projects across the city and Midlands.
  • Benefits: Enjoy competitive pay, generous leave, private medical insurance, and wellness support.
  • Why this job: Be part of a collaborative culture that values mentorship and professional growth in finance.
  • Qualifications: Strong finance background with leadership experience; proficiency in Excel and UK accounting rules required.
  • Other info: Opportunities for professional development and exclusive discounts available.

We are currently working with one of London's leading privately owned property developers. They manage residential, commercial, hospitality, and mixed-use projects across London and the Midlands.

The Head of Finance is a senior leadership role overseeing all financial operations for the property management division, including rent and service charge accounts. Reporting to the Director, this role manages a team of 14, including Service Charge Managers and Credit Control.

Key responsibilities include:

  • Ensuring financial compliance, maintaining strong controls, advising senior leadership, and driving process improvements while supporting and mentoring the team.
  • Supervising a team of 14, including 3 direct reports, creating a collaborative and high-performing environment that supported development and accountability.
  • Directing the financial close process for service charge accounts across a varied and often complex property portfolio, including sole responsibility for first-year accounts on new and multi-phase sites.
  • Leading the creation of annual budgets, supporting detailed forecasts for utilities, staffing, and wider operational costs.
  • Ensuring all rent, service charges, and reconciliations were accurately issued in line with legal agreements, applying inflation-linked uplifts and interest where relevant.
  • Delivering timely and accurate monthly management reports, including tax provisions and depreciation, ensuring all entries complied with statutory and internal standards.
  • Maintaining strong financial controls, ensuring compliance with UK GAAP and all obligations related to VAT, Corporation Tax, and Trust Tax filings.
  • Reviewing and approving outgoing payments, including landlord distributions and supplier remittances, with a focus on accuracy and regulatory compliance.
  • Continuously enhancing internal financial processes, improving efficiency and safeguarding compliance.
  • Serving as Excel lead for the team, developing tools, templates, and models to support data consistency and improve reporting workflows.

Required:

  • Strong background in senior-level finance roles, including team leadership and performance management.
  • Confident in producing and interpreting monthly financial statements and internal reports.
  • High-level proficiency in Excel, using advanced functions like PivotTables, XLOOKUP, conditional formulas, and data analysis tools.
  • Deep knowledge of UK accounting rules and tax obligations, with a track record of compliance.
  • Extensive experience working with property-related finances, especially in service charge accounting.
  • In-depth understanding of leasehold block management and related financial processes.
  • Proven ability to inspire, guide, and support finance teams toward strong results.
  • Excellent communication skills with the ability to simplify complex financial data for non-financial colleagues.

Preferred:

  • Full professional accounting qualification (ACCA, CIMA, ACA, or similar).
  • Familiarity with property finance systems such as Bluebox or similar platforms.
  • Experience working with complex developments, including multi-phase or large-scale residential schemes.

Benefits:

  • Competitive pay structure.
  • 24 days of annual leave plus statutory holidays.
  • Life assurance cover.
  • Private medical insurance.
  • Critical illness protection.
  • Company pension with matching contributions.
  • Regular reviews of salary and discretionary bonuses.
  • Wellbeing support via an employee assistance programme.
  • Access to gym membership discounts.
  • Cycle to Work initiative.
  • Exclusive retail and service discounts.
  • Paid volunteering opportunities.
  • Support for gaining professional qualifications and certifications.

Head of Finance (Service Charge) employer: Abbatt Group

As a leading privately owned property developer in Essex, we pride ourselves on fostering a dynamic and inclusive work culture that prioritises employee growth and well-being. With competitive salaries, comprehensive benefits including private medical insurance and a supportive environment for professional development, we empower our team to excel in their roles while enjoying a healthy work-life balance. Join us to be part of a collaborative team that values innovation and excellence in the property management sector.
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Contact Detail:

Abbatt Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Head of Finance (Service Charge)

✨Tip Number 1

Familiarise yourself with the specific financial regulations and compliance requirements related to property management in the UK. This knowledge will not only help you during interviews but also demonstrate your commitment to the role.

✨Tip Number 2

Showcase your leadership skills by preparing examples of how you've successfully managed teams in previous roles. Highlight any process improvements you've implemented that led to increased efficiency or compliance.

✨Tip Number 3

Brush up on your Excel skills, particularly advanced functions like PivotTables and XLOOKUP. Being able to discuss how you've used these tools to analyse financial data can set you apart from other candidates.

✨Tip Number 4

Network with professionals in the property finance sector. Attend industry events or join relevant online forums to connect with others who may provide insights or referrals for the Head of Finance position.

We think you need these skills to ace Head of Finance (Service Charge)

Financial Management
Team Leadership
Performance Management
Financial Reporting
Budgeting and Forecasting
Service Charge Accounting
UK GAAP Compliance
Tax Compliance (VAT, Corporation Tax, Trust Tax)
Advanced Excel Skills (PivotTables, XLOOKUP, Conditional Formulas)
Data Analysis
Leasehold Block Management
Communication Skills
Process Improvement
Property Finance Systems Knowledge

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in senior finance roles, particularly in property-related finances and service charge accounting. Use specific examples that demonstrate your leadership skills and financial compliance knowledge.

Craft a Compelling Cover Letter: Write a cover letter that addresses the key responsibilities of the Head of Finance role. Emphasise your ability to manage teams, drive process improvements, and maintain strong financial controls. Show how your background aligns with the company's needs.

Highlight Relevant Skills: In your application, focus on your proficiency in Excel and your understanding of UK accounting rules and tax obligations. Mention any experience with property finance systems and your ability to simplify complex financial data for non-financial colleagues.

Showcase Leadership Experience: Detail your experience in leading finance teams and managing performance. Provide examples of how you have inspired and guided your team towards achieving strong results, as this is crucial for the Head of Finance position.

How to prepare for a job interview at Abbatt Group

✨Showcase Your Leadership Skills

As the Head of Finance, you'll be managing a team of 14. Be prepared to discuss your leadership style and provide examples of how you've successfully guided teams in the past. Highlight any specific achievements that demonstrate your ability to inspire and develop others.

✨Demonstrate Financial Acumen

This role requires a strong understanding of financial operations, particularly in service charge accounting. Brush up on your knowledge of UK GAAP and tax obligations, and be ready to discuss how you've ensured compliance in previous roles. Prepare to explain complex financial concepts in simple terms.

✨Excel Proficiency is Key

Given the emphasis on Excel skills, make sure you can confidently discuss your experience with advanced functions like PivotTables and XLOOKUP. Consider bringing examples of reports or tools you've created that showcase your data analysis capabilities.

✨Prepare for Scenario-Based Questions

Expect questions that assess your problem-solving abilities, especially regarding financial compliance and process improvements. Think of scenarios where you've had to navigate complex financial situations or implement changes that enhanced efficiency, and be ready to share those experiences.

Head of Finance (Service Charge)
Abbatt Group
A
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