At a Glance
- Tasks: Calculate service charges and manage financial records while liaising with auditors.
- Company: Join Hackney Council, committed to equality and community support.
- Benefits: Competitive salary, full-time hours, and a supportive work environment.
- Other info: Opportunities for professional growth and a diverse workplace.
- Why this job: Make a difference in local communities through financial management.
- Qualifications: Experience in leasehold management and strong analytical skills required.
The predicted salary is between 40404 - 41637 £ per year.
Role Overview
The Service Charge Financial Coordinator will calculate service charges, reserve funds, shared ownership and ground rent, support payment functions, manage the service charge database and financial records, prepare performance reports, monitor budget, liaise with auditors and regulatory bodies.
Responsibilities
- Calculate service charges, reserve funds, shared ownership rent, and ground rent.
- Produce accurate estimated and actual invoices in line with legislation and local policies.
- Maintain and manage the service charge database and associated financial records.
- Support payment functions, including creditor payments and mortgage account activities.
- Prepare performance reports and engage in budget monitoring.
- 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 impact on service charges.
- Proficiency in financial principles and accurate calculations.
- Excellent analytical skills and high level of attention to detail.
- Strong IT skills, particularly in Microsoft Excel and Google Sheets.
Equal Opportunity
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. Applications from disabled people and those who can demonstrate discrimination or disadvantage caused by social class are particularly welcome.
Contact
For support in applying for jobs, contact Hackney Works at hackneyworks@hackney.gov.uk.
Service Charge Financial Coordinator employer: London Borough of Hackney
Hackney Council is an exceptional employer that prioritises inclusivity and employee development, offering a supportive work culture where every team member can thrive. As a Service Charge Financial Coordinator, you will benefit from competitive remuneration, comprehensive training opportunities, and the chance to make a meaningful impact in the community while working in a vibrant and diverse environment in Hackney.
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.
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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 London Borough of Hackney. 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
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 London Borough of Hackney.
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 London Borough of Hackney'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 London Borough of Hackney
✨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 London Borough of Hackney.
✨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 London Borough of Hackney 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 London Borough of Hackney 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.
