Property Accountant

Financial Management & Reporting:<\/span>
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• Prepare and maintain financial records for residential and commercial block management portfolios.
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• Produce monthly, quarterly and annual financial reports, including profit and loss statements, balance sheets and cash flow reports.
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• Assist in budgeting and forecasting.
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• Monitor and reconcile bank accounts related to service charge accounts. <\/span>
  <\/span><\/li><\/ul><\/span>Service Charge Accounting:<\/span>
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  • Prepare and issue service charge budgets and year -end reconciliations in accordance with RICS (Royal Institution of Chartered Surveyors) guidelines.
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  • Ensure timely collection of service charges, ground rents, and other client -related income.
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  • Allocate service charge expenses accurately and in compliance with lease agreements.
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  • Liaise with external auditors to facilitate smooth service charge audits. <\/span>
    <\/span><\/li><\/ul><\/span>Accounts Payable & Receivable:<\/span>
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    • Process supplier invoices and ensure timely payments to contractors and service providers.
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    • Manage arrears collections
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    • Ensure all financial transactions are recorded accurately and in a timely manner. <\/span>
      <\/span><\/li><\/ul><\/span>Regulatory Compliance & Best Practices:<\/span>
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      • Ensure compliance with accounting standards, RICS Service Charge Code, ARMA guidelines and other industry regulations.
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      • Maintain knowledge of property management regulations and update internal financial processes accordingly. <\/span>
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