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- Tasks: Manage service charge budgets and ensure accurate accounting for mixed-use estates.
- Company: Join a leading property management firm in North London with a strong reputation.
- Benefits: Enjoy an excellent pension, bonus, and a flexible 3:2 work pattern.
- Why this job: Be part of a dynamic team focused on high standards and impactful financial management.
- Qualifications: Experience in accounting and knowledge of service charge processes are essential.
- Other info: This role offers opportunities for professional growth and development.
The predicted salary is between 42000 - 84000 £ per year.
Service Charge Accountant
London | £40,000 – £50,000
Our client, a Residential Managing Agent, is seeking a Service Charge Accountant to join its Central Finance team.
Duties
- To provide property managers with financial information within a reasonable timeframe
- To deal with day‑to‑day queries from clients and Property Managers.
- Producing periodic reporting to Clients / Property Managers
- Responsible for producing variance analysis reports – actual vs budgets.
- Ensure service charge budgets are entered into the system accurately and within a timely manner
- Processing Service Charge invoices when required
- Oversight of regular bank reconciliation process
- Assist the Property manager in financial interpretation and analysis
- Prepare service charge accounts summaries and associated schedules for auditors
- Work with and assist auditors when required
- Completing the annual service charge accounts for properties under management and issuing balancing charges/credits
- Responsible for preparing dormant statutory accounts
- Preparing monthly management accounts and budget reports
- Process agreed instructions such as adjustments to Accounts
- Uploading new buildings on the system, reconciling financial records received on handover and assuring handover has been finalised
- Controlling the accounts payable and receivable processes, liaising with the management team on outstanding debtors and creditors
Requirements
- Previous experience of working in a service charge or property accounting environment
- Strong knowledge of year‑end accounts, budgets, cashflows and leases
- Experience working with client accounting software, ideally Propman
- Strong knowledge and understanding of the Landlord and Tenant Acts and relevant guidelines to producing service charge accounts.
- Ability to analyse and investigate accounting issues
- Strong communication skills, able to liaise with non‑financial client base and work colleagues
Why should you work for this company?
- An opportunity to work in a small to mid‑size property management company working closely with the Head of Finance
- Opportunity to potentially work across commercial service charges in future
- Excellent benefits package including ACCA/CIMA study package
Interview process
- Two stage process
- 1st stage on Teams/Zoom
- 2nd stage held face to face in the office
If you would like further information on this opportunity please apply online with your updated CV or contact Holly Osborn 07393 126240 or Alec Mackenzie 07767 661896.
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Service Charge Accountant employer: OSBORN EXECUTIVE RECRUITMENT LTD
Contact Detail:
OSBORN EXECUTIVE RECRUITMENT LTD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Service Charge Accountant
✨Tip Number 1
Familiarise yourself with the specific service charge accounting practices relevant to mixed-use estates. Understanding the nuances of this area will help you stand out during discussions and demonstrate your expertise.
✨Tip Number 2
Network with professionals in the property management sector, especially those who work on the client side. Engaging with industry contacts can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Prepare to discuss your experience with budgeting and reforecasting in detail. Be ready to share specific examples of how you've successfully managed these processes in previous roles.
✨Tip Number 4
Research the company culture at StudySmarter and align your values with theirs. Showing that you understand and fit into their ethos can make a significant difference in your candidacy.
We think you need these skills to ace Service Charge Accountant
Some tips for your application 🫡
Understand the Role: Take time to thoroughly read the job description for the Service Charge Accountant position. Understand the key responsibilities, such as managing service charge budgets and working with various teams, so you can tailor your application accordingly.
Highlight Relevant Experience: In your CV and cover letter, emphasise any previous experience in property accounting or service charge management. Use specific examples that demonstrate your ability to manage budgets and work collaboratively with teams.
Showcase Your Skills: Make sure to highlight skills that are relevant to the role, such as financial analysis, attention to detail, and proficiency in accounting software. Mention any certifications or training that enhance your qualifications for this position.
Craft a Compelling Cover Letter: Write a tailored cover letter that connects your background to the specific requirements of the Service Charge Accountant role. Explain why you are interested in this position and how you can contribute to the company's success.
How to prepare for a job interview at OSBORN EXECUTIVE RECRUITMENT LTD
✨Know Your Numbers
As a Service Charge Accountant, you'll be dealing with budgets and forecasts. Brush up on your accounting principles and be ready to discuss how you've managed service charge budgets in the past.
✨Understand the Role
Make sure you fully understand the responsibilities outlined in the job description. Be prepared to explain how your experience aligns with managing mixed-use estates and collaborating with various teams.
✨Prepare Questions
Interviews are a two-way street. Prepare insightful questions about the company's service charge setting processes and how they measure success in this role. This shows your genuine interest.
✨Showcase Your Teamwork Skills
Since the role involves working with different teams, be ready to share examples of how you've successfully collaborated with others in previous positions. Highlight your communication skills and adaptability.