At a Glance
- Tasks: Manage financial reporting and service charge accounts for exciting property developments.
- Company: Join a dynamic and growing organisation in Canary Wharf.
- Benefits: Permanent role with competitive salary and supportive work environment.
- Other info: Opportunity for professional growth and to make a real impact.
- Why this job: Be part of high-profile projects and collaborate with a passionate team.
- Qualifications: 5+ years in service charge accounting; ACA, ACCA, or MAAT preferred.
The predicted salary is between 55000 - 65000 € per year.
We are currently seeking an experienced Senior Property Accountant to join our Finance team, based in Canary Wharf. Reporting to the Finance Manager, this role is integral to ensuring robust financial management and reporting across a portfolio of developments.
Contract: Permanent
Hours: 40 per week, Monday to Friday
Location: Canary Wharf
The Senior Property Accountant will be responsible for, but not limited to, the following:
- Ensuring the timely production of certified service charge accounts
- Providing accurate, up-to-date financial information to Property Directors and leaseholders
- Building strong working relationships with Property Directors, meeting regularly to appraise all financial matters affecting assigned schemes
- Leading on annual budgeting, service charge demands, and supporting service charge and ground rent collections
- Monitoring arrears and reporting accordingly
- Reviewing, controlling and authorising all client bank account expenditures
- Completing monthly bank reconciliations for all developments
- Preparing annual and interim service charge accounts in line with best practice and liaising with auditors
- Calculating final apportionments, balancing charges, credits, and landlord voids in accordance with lease terms
- Preparing void schedules, forecasts, and financial reviews for new developments
- Producing monthly VAT reports and ground rent summaries for clients
- Preparing management reports, including actual versus budgeted expenditure with full variance explanations
- Uploading year-end adjustments and managing ledger postings
- Ensuring accounting records are transparent and available for inspection when required
- Handling leaseholder and client enquiries in a professional, timely manner
- Supporting budgeting cycles and reporting progress against plans
- Monitoring insurance activity to ensure proper segregation of funds
- Assisting with internal and external audits and ensuring compliance with client money regulations
- Maintaining robust internal controls and carrying out internal audits of accounting procedures
- Attending Resident Association (RA) meetings and presentations, including occasional out-of-hours commitments
Required Skills And Experience
- Ideally qualified ACA, ACCA or MAAT, or qualified by experience and actively working towards a professional qualification.
- Must have at least 5 years’ experience of managing service charge accounting.
- Good experience of service charge reporting gained either in practice or in the finance department of a Residential Managing Agent.
- Knowledge of PROPMAN is an advantage.
This is an opportunity to play a key role within a dynamic and growing organisation, working on high-profile developments and collaborating with a passionate, professional team. Ballymore offers a supportive environment where expertise is valued and excellence is expected.
Ballymore operates as an equal opportunities employer.
Senior Property Accountant in London employer: Ballymore
Ballymore is an exceptional employer located in the vibrant Canary Wharf, offering a dynamic work environment where your expertise as a Senior Property Accountant will be highly valued. With a strong focus on employee growth and development, we provide ample opportunities for professional advancement while fostering a collaborative culture that encourages innovation and excellence. Join us to be part of high-profile developments and enjoy the benefits of working in a supportive team that prioritises your success.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Property Accountant in London
✨Network Like a Pro
Get out there and connect with people in the property accounting field! Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. Building relationships can open doors to opportunities that aren’t even advertised.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your experience with service charge accounting and financial reporting. Use specific examples from your past roles to demonstrate how you’ve tackled challenges and delivered results.
✨Prepare for Interviews
Do your homework before interviews! Research the company, understand their portfolio, and think about how your skills align with their needs. Prepare questions that show your interest in their projects and how you can contribute to their success.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Ballymore.
We think you need these skills to ace Senior Property Accountant in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your service charge accounting experience and any relevant qualifications like ACA or ACCA. We want to see how you fit into our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the Senior Property Accountant role. Share specific examples of your past achievements and how they relate to the responsibilities listed in the job description.
Showcase Your Soft Skills:While technical skills are crucial, don’t forget to highlight your ability to build strong relationships with Property Directors and handle client enquiries professionally. We value teamwork and communication just as much as financial expertise!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity. Plus, it shows you’re keen on joining our dynamic team!
How to prepare for a job interview at Ballymore
✨Know Your Numbers
As a Senior Property Accountant, you'll be dealing with financial data all the time. Brush up on your accounting principles and be ready to discuss specific examples of how you've managed service charge accounts or prepared financial reports in the past.
✨Showcase Your Communication Skills
This role involves liaising with Property Directors and leaseholders, so it's crucial to demonstrate your ability to communicate complex financial information clearly. Prepare to share instances where you've successfully built relationships and resolved queries.
✨Familiarise Yourself with PROPMAN
If you have experience with PROPMAN, make sure to highlight it during your interview. If not, do some research on the software and be ready to discuss how you would adapt to using it. Showing initiative can really set you apart!
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills, especially around budgeting and managing arrears. Think of specific challenges you've faced in previous roles and how you overcame them. This will show your practical experience and readiness for the job.
