At a Glance
- Tasks: Analyse service charge accounts and ensure compliance while mitigating financial risks.
- Company: Join Innovus, a leading provider in the UK property sector.
- Benefits: Enjoy a competitive salary, flexible work-life balance, and professional development opportunities.
- Other info: Be part of a diverse and inclusive workplace that values your contributions.
- Why this job: Make a real impact in the property industry with your analytical skills.
- Qualifications: Relevant accounting qualifications and experience in service charge management required.
The predicted salary is between 35000 - 35000 £ per year.
Hours: 35 hours per week - Monday to Friday
Salary: Up to £35,000 per annum plus benefits
At Innovus, we are committed to delivering market leading solutions and professional services. As a Service Charge Analyst, you will be contributing to our vision to be recognised as the market leading provider of services to the UK’s property sector. We are proud to employ highly skilled, experienced and innovative people who deliver business expertise and services across the property industry.
Main Purpose of Job
The Service Charge Analyst will review the service charge accounting output from the managing agents across the client’s residential portfolio. This includes reviewing budgets and accounts, reporting to internal and external stakeholders whilst ensuring compliance with regulations and policies and mitigating financial risk to our clients.
Position in Organisation
This role reports to the Head of Client Finance.
Main Responsibilities
- Complete detailed reviews of service charge accounts & cost estimates for properties across the portfolio (on a risk basis)
- Carry out detailed accounting and investigation on escalated properties, extracting data from financial records
- Conduct detailed analysis of financial data as required
- Prepare financial reports and service charge data for tribunal proceedings and collaborate with legal advisors as necessary
- Prepare & present financial reports to key stakeholders
- Create financial models to support service charge performance assessments of the managing agents working on the Direct portfolio
- Provide expert advice on service charge issues to key stakeholders
- Ensure compliance with relevant policies and regulations
- Identify and implement process improvements for greater efficiency
Qualifications
Relevant accounting qualifications (AAT, ACCA, CIMA) required or QBE. Experience in strategic financial decision-making and process improvement.
Skills, Knowledge & Experience
- Extensive experience in service charge and property management accounting
- Advanced knowledge of service charge regulations and financial reporting
- Proficient in Microsoft Excel and accounting software; experience with property management systems is a must
- Excellent communication skills with internal and external stakeholders
- Exceptional organisational and project management abilities
- High attention to detail and accuracy in financial reporting
- In-depth knowledge of audits and compliance
Working at Innovus
At Innovus, we recognise that people come to work to do a great job, and we actively support this through our internal employee reward platform and a culture that celebrates contribution. We’re passionate about helping our people grow and progress, and we encourage ongoing personal and professional development. We also understand the importance of a healthy work-life balance, offering flexibility where possible depending on role requirements. Everything we do is guided by our core values: Trust, Respect, Integrity, Innovation, and Delivery.
What We Offer
At Innovus, we believe our people deserve the best, just like our customers. That’s why we provide the tools, training, and support you need to thrive, alongside a competitive salary and a great range of benefits. We're committed to creating a supportive, inclusive workplace where everyone can succeed.
Diversity and Inclusion
At Innovus, we’re committed to building a diverse and inclusive workforce and recruit based on merit. We welcome applications from everyone, including those interested in job share opportunities. As an inclusive employer, we provide equal employment opportunities to all qualified candidates. If you have any accessibility requirements or need adjustments at any stage of the recruitment and selection process, please contact our team, we are happy to support you.
Service Charge Analyst in Worcester employer: Innovus Group
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StudySmarter Expert Advice🤫
We think this is how you could land Service Charge Analyst in Worcester
✨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 Innovus Group. 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 Analyst in Worcester
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 Innovus Group.
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 Innovus Group'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 Innovus Group
✨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 Innovus Group.
✨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 Innovus Group 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 Innovus Group 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.
