Service Charge Accountant – Kingston – £40,000 – £50,000 DOE
Our client, a Property Management Company based in Kingston are looking for an experienced Service Charge Accountant to join their growing team.
This is an excellent opportunity for an experienced property finance professional to take ownership of service charge accounting, ensure financial accuracy and compliance, and build strong working relationships with property managers, clients, leaseholders and external stakeholders.
Key Responsibilities
- Prepare and maintain accurate service charge accounts for a portfolio of residential properties
- Produce annual service charge budgets in collaboration with property managers
- Prepare year-end service charge accounts
- Reconcile service charge expenditure against budgets and investigate significant variances.
- Ensure income, expenditure, accruals, prepayments and other accounting adjustments are accurately recorded.
- Reconcile service charge bank accounts and monitor service charge balances.
- Ensure service charge transactions are allocated correctly in accordance with lease terms and relevant cost apportionments.
- Maintain accurate financial records and supporting documentation for audit and reporting purposes.
- Accounts Payable: Processing, coding, and paying contractor and supplier invoices for property maintenance and repairs.
- Liaise with contractors and leaseholder regarding invoices and payments
- Monitoring rent arrears, sending follow-up reminders to tenants, and escalating uncollected payments.
Person Specification
- At least 3 years' experience with service charge accounts
- Strong understanding of service charge budgets, reconciliations and year-end accounting.
- High levels of accuracy and attention to detail.
- Strong numerical, analytical and problem-solving skills.
- Ability to manage multiple properties, competing priorities and deadlines.
- Excellent communication and interpersonal skills.
- A professional and customer-focused approach to handling financial queries.
- Good working knowledge of Microsoft Excel and accounting software.
Other details
- Salary: £40,000 – £50,000 DOE
- Working hours: 9am to 5pm, hybrid working – 2 days in the office and 3 WFH
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Service Charge Accountant employer: Dove & Hawk
Dove & Hawk is an exceptional employer that values its employees by fostering a collaborative and supportive work culture in Swansea. With a focus on professional growth, the company offers ample opportunities for career advancement while managing a diverse portfolio of over 2000 units. The hybrid work model provides flexibility, making it an ideal workplace for those seeking a meaningful and rewarding career in property management.
