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- Tasks: Manage service charge budgets and conduct year-end reconciliations.
- Company: Join a dedicated team managing high-end residential and mixed-use developments.
- Benefits: Competitive salary of £45,000 with opportunities for professional growth.
- Why this job: Be pivotal in financial management while ensuring compliance and client satisfaction.
- Qualifications: Experience in service charge accounting and knowledge of RICS guidelines required.
- Other info: Located in North West London, this role offers a chance to work with a growing portfolio.
The predicted salary is between 36000 - 54000 £ per year.
Job Title: Service Charge Accountant Location: North West London Salary: £45,000 About the Role: WE are seeking an experienced Service Charge Accountant to join our dedicated team, supporting the financial management of a growing portfolio of high-end residential and mixed-use developments. This role is pivotal in ensuring accurate and efficient service charge accounting, compliance with regulations, and delivering exceptional support to both clients and internal teams. Key Responsibilities: Prepare and manage service charge budgets, ensuring accuracy and alignment with operational requirements. Conduct year-end service charge reconciliations and liaise with external auditors to finalize accounts. Monitor and manage expenditure against budgets, providing clear and detailed reports to stakeholders. Work closely with Property Managers to review and adjust service charge budgets as required. Oversee accounts payable and receivable related to service charges, ensuring timely invoicing and collections. Handle client and resident queries regarding service charge accounts, resolving issues promptly and professionally. Ensure compliance with relevant regulations, including RICS guidelines and lease agreements. Assist in refining financial procedures and controls to improve efficiency and accuracy.
Service Charge Accountant employer: PMR
Contact Detail:
PMR Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Service Charge Accountant
✨Tip Number 1
Familiarize yourself with RICS guidelines and lease agreements, as these are crucial for the Service Charge Accountant role. Understanding these regulations will not only help you in interviews but also demonstrate your commitment to compliance.
✨Tip Number 2
Network with professionals in the property management and accounting sectors. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities within their organizations.
✨Tip Number 3
Prepare to discuss specific examples of how you've managed service charge budgets and reconciliations in previous roles. Highlighting your hands-on experience will set you apart from other candidates.
✨Tip Number 4
Showcase your ability to communicate effectively with both clients and internal teams. Being able to resolve queries and issues promptly is key in this role, so be ready to share examples of your customer service skills.
We think you need these skills to ace Service Charge Accountant
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Service Charge Accountant position. Make sure you understand the key responsibilities and how your experience aligns with them.
Tailor Your CV: Customize your CV to highlight relevant experience in service charge accounting, budget management, and compliance with regulations. Use specific examples that demonstrate your skills in these areas.
Craft a Strong Cover Letter: Write a compelling cover letter that explains why you are the perfect fit for this role. Mention your experience with high-end residential developments and your ability to manage client queries effectively.
Highlight Relevant Skills: In your application, emphasize skills such as financial management, attention to detail, and communication. These are crucial for the role and will help you stand out to the hiring team.
How to prepare for a job interview at PMR
✨Know Your Numbers
As a Service Charge Accountant, you'll be dealing with budgets and financial reports. Make sure you brush up on your accounting principles and be ready to discuss how you've managed service charge budgets in the past.
✨Understand Compliance Requirements
Familiarize yourself with relevant regulations, including RICS guidelines and lease agreements. Be prepared to explain how you ensure compliance in your previous roles and how you handle audits.
✨Showcase Your Communication Skills
This role involves liaising with Property Managers and handling client queries. Practice articulating how you've effectively communicated complex financial information to non-financial stakeholders.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills, especially regarding budget adjustments or resolving client issues. Think of specific examples from your experience that demonstrate your ability to handle such situations.
