Service Charge Financial Coordinator

Service Charge Financial Coordinator

Full-Time 40000 - 45000 £ / year (est.) No working from home possible
Hackney Borough Council

At a Glance

  • Tasks: Calculate service charges and manage financial records while ensuring top-notch customer service.
  • Company: Hackney Council, committed to equality and community support.
  • Benefits: Competitive salary, inclusive workplace, and opportunities for professional growth.
  • Other info: Welcoming environment that values diversity and promotes equal opportunities.
  • Why this job: Join a dedicated team making a real difference in residents' lives.
  • Qualifications: Experience in leasehold management and strong analytical skills required.

The predicted salary is between 40000 - 45000 £ per year.

Hackney Council is on the lookout for a dedicated and detail-oriented Service Charge Financial Coordinator to enhance our Service Charge Team. In this pivotal role, you will be responsible for calculating service charges, reserve funds, shared ownership rent, and ground rent, ensuring high-quality customer service for our residents.

Responsibilities

  • Collaborate closely with the Service Charge Team Leader and Manager to produce accurate estimated and actual invoices in line with legislation and local policies.
  • Maintain and manage the service charge database, ensuring accurate financial records and documentation.
  • Support payment functions within the team, handling creditor payments, and overseeing mortgage account activities.
  • Prepare performance reports and engage in budget monitoring to ensure effective financial management.
  • Liaise with auditors and regulatory bodies to maintain best practices in service charge accounting.

Qualifications

  • Extensive experience in leasehold management and financial administration.
  • Strong understanding of S20 consultation processes and their implications on service charges.
  • Proficient in financial principles and able to perform accurate calculations.
  • Excellent analytical skills and a high level of attention to detail.
  • Strong IT skills, particularly in Microsoft Excel and Google Sheets.

Equal Opportunities

Hackney Council works to eradicate discrimination on the basis of age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex, and sexual orientation. We also recognise that people can be disadvantaged by their social and economic circumstances, so we will also work to eliminate discrimination and disadvantage caused by social class. We particularly welcome applications from disabled people, as this group is currently under represented in our workforce.

Service Charge Financial Coordinator employer: Hackney Borough Council

Hackney Council is an excellent employer that prioritises inclusivity and professional growth, making it a rewarding place to work for a Service Charge Financial Coordinator. With a strong commitment to equal opportunities, the council fosters a supportive work culture where employees can thrive and develop their skills in financial administration. Located in Hackney, employees benefit from a vibrant community and the chance to make a meaningful impact on residents' lives through effective financial management.

Hackney Borough Council

Contact Details:

Hackney Borough Council Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Service Charge Financial Coordinator

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Hackney Borough Council. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Service Charge Financial Coordinator

Service Charge Calculation
Financial Administration
Leasehold Management
S20 Consultation Processes
Financial Principles
Analytical Skills
Attention to Detail

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Hackney Borough Council.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Hackney Borough Council's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Hackney Borough Council

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Hackney Borough Council.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Hackney Borough Council will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Hackney Borough Council employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.