Service Charge Accounting Manager in London

Service Charge Accounting Manager in London

London Full-Time 50000 - 60000 £ / year (est.) No working from home possible
Osborn Executive Recruitment

At a Glance

  • Tasks: Lead a team managing service charge accounts and financial analysis for a major asset.
  • Company: Join a leading consultancy with a world-class reputation.
  • Benefits: Competitive salary, bonus potential, pension, and private health.
  • Other info: Excellent career progression opportunities and a supportive team culture.
  • Why this job: Gain valuable experience in finance while advancing your career in a dynamic environment.
  • Qualifications: Experience in service charge accounting and strong Excel skills required.

The predicted salary is between 50000 - 60000 £ per year.

This role would be managing a small team of Accountants who are responsible for a large mixed use asset. The role would be best suited to someone with experience of service charge reconciliations, financial analysis of complex budgets and strong Excel skills.

Duties:

  • Manage and supervise a team ensuring that all team procedures are aligned in order to deliver the consistent service required.
  • Be the point of contact for all financial matters regarding the service charge and other associated funds.
  • Provide management reports, data and analysis to support the Client, for strategic and operational decisions.
  • Ensure that all aspects of financial processes are completed in line with company policy, authority limits and controls:
    • Review costs model agreeing back to budget
    • Inputting service charge budgets onto accounting system
    • Review, monitoring and approval of purchase orders
    • Reconcile Supplier statement of accounts
    • Monitor and reconcile insurance claims
    • Handle Cash Management and the escalation of funding issues
    • Be responsible for the preparation of monthly and quarterly service charge budget vs actual report which are included within monthly management report.
    • Completing journals, accruals & prepayments
    • Carry out mid-year reviews
    • Complete tenant recharges and reconciling these
    • Be responsible for Reserve fund expenditure.
    • Assist the Surveyors in preparing funding request
    • Maintain and track Reserve fund expenditure
    • Be responsible for the closure of service charge accounts.
    • Reconcile the balancing year end charges/credits due
    • Circulate demands and the supporting documents
    • Be responsible for the Creation of statement of funds
    • Carry out Balance Sheet reviews
    • Handle the VAT reconciliation
    • Liaising with auditors

Requirements:

  • Strong service charge accounting experience
  • Management or Team leading experience
  • Strong Excel skills - Ideally VLookUps, SUM IFS
  • Excellent written, verbal and interpersonal skills

Why should you work for this company?

  • The chance to work for a leading consultancy on a world class asset
  • Excellent career progression available
  • Strong bonus potential

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.

To learn more about Osborn Recruitment and our current vacancies please visit our website and follow us on LinkedIn.

Service Charge Accounting Manager in London employer: Osborn Executive Recruitment

Join a vibrant team in Docklands as an Accounts Receivable Administrator, where you'll enjoy a fun and friendly work environment alongside excellent internal growth opportunities. With a strong benefits package including an enhanced pension and the flexibility of hybrid working, this role offers a rewarding experience for those looking to thrive in their careers while contributing to a dynamic company culture.

Osborn Executive Recruitment

Contact Details:

Osborn Executive Recruitment Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Service Charge Accounting Manager in London

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.

Connect on Professional Platforms

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 Osborn Executive Recruitment. 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 Accounting Manager in London

Service Charge Reconciliations
Financial Analysis
Budget Management
Excel Skills
Team Management
Management Reporting
Data Analysis

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 Osborn Executive Recruitment.

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 Osborn Executive Recruitment'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 Osborn Executive Recruitment

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 Osborn Executive Recruitment.

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 Osborn Executive Recruitment 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 Osborn Executive Recruitment 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.