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- Tasks: Review service charge expenditures and correct posting errors while maintaining the general ledger.
- Company: Join a dynamic team focused on accurate financial management and client satisfaction.
- Benefits: Enjoy flexible work options and opportunities for professional growth.
- Why this job: Be part of a crucial role that impacts financial accuracy and client relations in a supportive environment.
- Qualifications: Ideal for detail-oriented individuals with a knack for numbers and accounting principles.
- Other info: Collaborate with managers and stakeholders to enhance your skills and make a real difference.
The predicted salary is between 36000 - 60000 £ per year.
Service Charge Accountant Key Responsibilities Conducting full review of service charge expenditure and ensuring all posting errors are identified and corrected and posting journal transfers, accruals and prepayments as required. Maintaining the general ledger and completing reconciliations coinciding with the year-end for the service charge function, ensuring all imbalances are identified and corrected. Working with managers to ensure that accounts are completed with a high degree of accuracy in line with the account’s deadlines. Producing balancing schedules to apportion service charge expenditure on the correct basis. with reference to income billed on account, occupancy changes during the period and tenant caps. Completing variance analysis and producing final reports. Completing reconciliation of prior agent information following new purchases, ensuring this is dealt with in line with the sales contract. Completing the closure of the final service charge reconciliation following sales, ensuring this is completed in line with the sales contract. Providing the closing accounts to the purchaser, resolving any queries and clearing all ledger balances. Acting as a key liaison with internal stakeholders on service charge matters, to resolve tenant and client queries arising following the completion of the service charge accounts. Key experienc…
Service Charge Accountant employer: Nouvo Recruitment (London) Ltd
Contact Detail:
Nouvo Recruitment (London) Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Service Charge Accountant
✨Tip Number 1
Familiarize yourself with the specific accounting software and tools commonly used in service charge accounting. Being proficient in these tools can set you apart from other candidates.
✨Tip Number 2
Network with professionals in the property management and accounting sectors. Attend industry events or join relevant online forums to connect with potential employers and gain insights into the role.
✨Tip Number 3
Prepare to discuss your experience with reconciliations and variance analysis in detail during interviews. Be ready to provide examples of how you've successfully managed these tasks in previous roles.
✨Tip Number 4
Research common challenges faced in service charge accounting and think about how you would address them. This will demonstrate your proactive approach and problem-solving skills during the interview process.
We think you need these skills to ace Service Charge Accountant
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Service Charge Accountant position. Understand the key responsibilities and required skills, as this will help you tailor your application.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience with service charge expenditure, general ledger maintenance, and reconciliation processes. Use specific examples that demonstrate your ability to conduct variance analysis and produce accurate reports.
Showcase Attention to Detail: Since accuracy is crucial in this role, provide examples of how you've successfully identified and corrected posting errors in previous positions. This will show that you have the meticulousness needed for the job.
Tailor Your Cover Letter: Write a personalized cover letter that addresses the specific requirements mentioned in the job description. Mention your ability to work with internal stakeholders and resolve queries, as this is a key aspect of the role.
How to prepare for a job interview at Nouvo Recruitment (London) Ltd
✨Understand Service Charge Fundamentals
Make sure you have a solid grasp of service charge accounting principles. Be prepared to discuss how you would conduct a full review of service charge expenditure and correct posting errors, as this will likely be a key focus during the interview.
✨Showcase Your Analytical Skills
Highlight your experience with variance analysis and producing final reports. Be ready to provide examples of how you've successfully completed reconciliations and identified imbalances in previous roles.
✨Demonstrate Attention to Detail
Since accuracy is crucial in this role, prepare to discuss specific instances where your attention to detail made a significant impact on your work. This could include maintaining the general ledger or ensuring compliance with deadlines.
✨Prepare for Stakeholder Interaction
As a key liaison with internal stakeholders, it's important to show that you can effectively communicate and resolve queries. Think of examples where you've successfully managed stakeholder relationships and resolved issues related to service charge accounts.
