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- Tasks: Manage financial reporting and budgeting for a commercial property portfolio.
- Company: Join a dynamic team in a leading commercial property management firm.
- Benefits: Enjoy flexible start times, 25 days holiday, and a supportive work environment.
- Why this job: Make a real impact in property finance while developing your skills.
- Qualifications: 3 years experience in commercial property finance and strong Excel skills required.
- Other info: Opportunity for career growth in a fast-paced, collaborative setting.
The predicted salary is between 36000 - 60000 £ per year.
Our client is seeking an experienced and proactive Property Accountant on a 6 month contract to support the financial management of a commercial property portfolio, covering both service charge accounting and monthly management accounts. This role involves end-to-end responsibility for financial reporting, budgeting, and reconciliation of income and expenditure relating to rent and service charges across a variety of multi-let commercial assets, including offices and retail sites. This role will be 5 days in the office 9am-5:30pm.
THE ROLE REQUIREMENTS:
- Rent & Income Accounting: Prepare and reconcile monthly rental income schedules, ensuring accuracy of tenant charges and lease compliance. Monitor and analyse rent arrears and tenant account movements, working with credit control and property management. Ensure correct posting of rental income, incentives, rent-free periods, and lease surrender premiums. Managing an Accounts Assistant.
- Service Charge Accounting: Prepare annual service charge budgets and forecasts, working with property and facilities managers. Monitor and report on actual service charge expenditure vs. budget across multi-let properties. Complete annual service charge reconciliations, including tenant apportionments and balancing charges. Ensure service charge transactions are accounted for in line with lease terms and RICS Commercial Service Charge Code.
- Reporting & Analysis: Produce monthly management accounts for each asset, including variance analysis and commentary. Support cash flow forecasting, rent roll reviews, and service charge cost recovery analysis. Assist in preparing information for external auditors, internal stakeholders, and investors. Maintain and enhance reporting processes and financial controls across property accounting.
THE PERSON and SKILL REQUIREMENTS for Accounts Assistant:
- Minimum 3 years' experience in a commercial property management finance role, with exposure to both rent and service charge accounting.
- Experience of preparing monthly management accounts.
- Understanding of VAT treatment of rent and service charges.
- Strong understanding of commercial property leases, lease obligations, and service charge recoveries.
- Excellent Excel skills and working knowledge of property management systems such as MRI Qube, Yardi, or similar.
- Happy to work 5 days in the office.
BENEFITS: Flexi start/end time. 25 days holiday.
Locations
Commercial Property Accountant - Contract in City of London, London employer: Trident International Associates
Contact Detail:
Trident International Associates Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Property Accountant - Contract in City of London, London
✨Tip Number 1
Network like a pro! Reach out to your connections in the property management sector. Let them know you're on the lookout for opportunities, and who knows? They might just have the inside scoop on a role that’s perfect for you.
✨Tip Number 2
Get your LinkedIn game on point! Make sure your profile is up-to-date and highlights your experience in commercial property accounting. Engage with relevant content and connect with industry professionals to increase your visibility.
✨Tip Number 3
Prepare for interviews by brushing up on your knowledge of service charge accounting and financial reporting. Be ready to discuss your past experiences and how they relate to the role. Confidence is key!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love hearing from proactive candidates who are eager to join our team.
We think you need these skills to ace Commercial Property Accountant - Contract in City of London, London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Commercial Property Accountant role. Highlight your experience in rent and service charge accounting, and don’t forget to mention any relevant software skills like MRI Qube or Yardi. We want to see how your background fits with what we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this contract. Mention specific experiences that relate to financial reporting and budgeting, and show us your proactive approach. We love a good story!
Showcase Your Skills: Don’t just list your skills; demonstrate them! If you’ve got strong Excel skills or experience with financial controls, give us examples of how you’ve used these in past roles. We want to see your expertise in action!
Apply Through Our Website: We encourage you to apply through our website for the best chance of being noticed. It’s super easy, and you’ll be able to find all the info you need about the role and our company. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at Trident International Associates
✨Know Your Numbers
As a Commercial Property Accountant, you'll need to be on top of your financial game. Brush up on your knowledge of rental income schedules, service charge budgets, and reconciliation processes. Be ready to discuss specific examples from your past experience where you successfully managed these aspects.
✨Familiarise Yourself with the Role Requirements
Make sure you understand the key responsibilities outlined in the job description. This includes everything from preparing monthly management accounts to monitoring rent arrears. Prepare questions that show your understanding of these tasks and how you can contribute to the team.
✨Excel Skills are Key
Since strong Excel skills are a must for this role, be prepared to demonstrate your proficiency. You might be asked about specific functions or how you've used Excel in previous roles. Consider bringing along examples of reports or analyses you've created to showcase your abilities.
✨Show Your Proactivity
The client is looking for someone proactive, so highlight instances where you've taken initiative in your previous roles. Whether it’s improving reporting processes or enhancing financial controls, share how your proactive approach has led to positive outcomes in your work.
