Overview
In this role you will own end-to-end rent and service charge accounting within a diverse commercial portfolio and partner with property management teams to drive financial performance. You will combine hands-on accounting with financial reporting, budgeting and involvement in systems and process improvements. This position supports the company’s growth strategy and the asset management function across office, retail and mixed-use assets. You will work in a high-performing, ambitious real estate environment with a clear impact on portfolio performance.
Responsibilities
- Manage end-to-end rent and service charge accounting across a diverse commercial portfolio
- Prepare annual service charge budgets, apportionments, reconciliations, income & expenditure reporting and year-end accounts
- Administer rent demands, collections, arrears, rent deposits and rent-free period accounting
- Prepare asset- and portfolio-level management accounts, budgets and financial reports, including variance analysis
- Monitor capital expenditure across significant redevelopment and refurbishment schemes
- Apply VAT treatments across rental income and service charges
- Business partner with property management and commercial teams to support operational and financial performance
- Support new property onboarding, data migration, systems enhancements and process improvement initiatives
Key requirements
- Strong rent and service charge accounting experience, including budgeting, reconciliations, reporting and year-end accounts
- Commercial property experience preferred, though residential and mixed-use backgrounds considered
- Sound understanding of relevant RICS professional standards
- Strong Excel skills (VLOOKUP, PivotTables) and experience with Yardi, MRI Horizon, Qube or TRAMPS
- Excellent communication, organisational and stakeholder management skills
- ACCA, CIMA or ACA qualifications advantageous but not essential
- communication
- organisational skills
- stakeholder management
- Rent and service charge accounting
- Budgeting and variance analysis
- Financial reporting
Property Accountant in London employer: Macdonald & Company
Join a dynamic in-house legal team that values collaboration and professional growth, offering a unique opportunity to work on high-profile construction projects in a supportive environment. With a focus on employee development, you will gain invaluable experience while contributing to significant industry advancements, all within a culture that prioritises innovation and teamwork. Located in a vibrant area, this role not only promises meaningful work but also a chance to thrive in a forward-thinking organisation committed to building safety and compliance.
