At a Glance
- Tasks: Manage service charge accounts and provide financial insights for property developments.
- Company: Join a dynamic finance team at Ballymore in Canary Wharf.
- Benefits: Permanent role with competitive salary and supportive work environment.
- Other info: Opportunity for career growth in a company that values expertise.
- Why this job: Be part of high-profile projects and collaborate with passionate professionals.
- Qualifications: 5+ years in service charge accounting; ACA, ACCA, or MAAT preferred.
The predicted salary is between 60000 - 75000 € 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 employer: Ballymore
Ballymore is an exceptional employer located in the vibrant Canary Wharf, offering a dynamic work environment that fosters professional growth and collaboration. With a strong emphasis on employee development, competitive benefits, and a culture that values expertise and excellence, you will have the opportunity to contribute to high-profile developments while building meaningful relationships within a passionate team. Join us to be part of a supportive organisation that prioritises your career advancement and well-being.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Property Accountant
✨Tip Number 1
Network like a pro! Reach out to your connections in the property and finance sectors. Attend industry events or join relevant online groups. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its projects. Understand their values and recent developments. This will help you tailor your answers and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice your interview skills with a friend or mentor. Get comfortable discussing your experience in service charge accounting and how it relates to the role. The more you practice, the more confident you'll feel when it’s time to shine!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search. Let’s get you that Senior Property Accountant role!
We think you need these skills to ace Senior Property Accountant
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Property Accountant role. Highlight your experience with service charge accounting and any relevant qualifications. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our Finance team. Share specific examples of your past achievements in financial management that relate to the job description.
Showcase Your Soft Skills:While technical skills are crucial, don’t forget to showcase your soft skills too! Building strong relationships with Property Directors and handling client enquiries professionally are key parts of this role, so let us know how you excel in these areas.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of it. 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 day long. Brush up on your accounting principles and be ready to discuss specific examples of how you've managed service charge accounts or handled budgeting in the past. This will show that you’re not just familiar with the numbers, but you can also apply your knowledge effectively.
✨Build Rapport with the Interviewers
Since this role involves building strong relationships with Property Directors, it’s crucial to demonstrate your interpersonal skills during the interview. Be friendly, engage in conversation, and show genuine interest in their work. This will help them see you as a team player who can easily fit into their dynamic environment.
✨Prepare for Technical Questions
Expect questions about specific accounting software like PROPMAN or scenarios involving service charge reporting. Review common challenges faced in property accounting and think through how you would address them. Being prepared for these technical questions will highlight your expertise and readiness for the role.
✨Showcase Your Problem-Solving Skills
In property accounting, issues can arise unexpectedly. Be ready to share examples of how you've successfully navigated challenges in previous roles, whether it was managing arrears or preparing for audits. This will demonstrate your ability to maintain robust internal controls and handle client inquiries professionally.
