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- Tasks: Manage financials for a diverse commercial property portfolio and ensure accurate reporting.
- Company: Dynamic property management firm in the heart of Central London.
- Benefits: Competitive salary, professional growth, and a supportive team environment.
- Why this job: Join a proactive team and make a real impact on financial management in commercial property.
- Qualifications: Experience in property accounting and strong analytical skills required.
- Other info: 5 days in the office with excellent career advancement opportunities.
The predicted salary is between 50000 - 60000 £ per year.
Our client is seeking an experienced and proactive Property Accountant 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.
Commercial Property Accountant 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
✨Tip Number 1
Network like a pro! Reach out to your connections in the property accounting field. Attend industry events or join relevant online groups. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Showcase your skills! Prepare a portfolio that highlights your experience with financial reporting, budgeting, and service charge accounting. Bring it along to interviews to demonstrate your expertise.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or family. Focus on common questions related to rent and income accounting, and be ready to discuss your previous experiences in detail.
✨Tip Number 4
Apply through our website! We’ve got loads of opportunities waiting for you. Make sure to tailor your application to highlight your experience with multi-let commercial assets and service charge reconciliations.
We think you need these skills to ace Commercial Property Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Commercial Property Accountant role. Highlight your experience with service charge accounting and financial reporting, as these are key aspects of the job. We want to see how your skills match 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 passionate about property accounting and how your previous roles have prepared you for this position. We love seeing enthusiasm and a personal touch in applications.
Showcase Relevant Experience: When filling out your application, be sure to showcase any relevant experience you have with managing accounts, preparing budgets, or working with multi-let properties. We’re keen on candidates who can demonstrate their expertise in these areas.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it makes the process smoother for everyone involved.
How to prepare for a job interview at Trident International Associates
✨Know Your Numbers
As a Commercial Property Accountant, you'll be dealing with financial reports and budgets. Brush up on your accounting principles and be ready to discuss how you've managed financial reporting in the past. Be specific about your experience with service charge accounting and rent reconciliation.
✨Showcase Your Analytical Skills
This role requires a keen eye for detail and strong analytical skills. Prepare examples of how you've monitored and analysed financial data, particularly around rent arrears and tenant accounts. Highlight any tools or software you’ve used to enhance your reporting processes.
✨Understand the Industry Standards
Familiarise yourself with the RICS Commercial Service Charge Code and other relevant regulations. Being able to discuss these standards will show that you’re not just knowledgeable but also proactive about compliance and best practices in property accounting.
✨Prepare Questions for Them
Interviews are a two-way street! Think of insightful questions to ask about their commercial property portfolio and how they measure success in this role. This shows your genuine interest and helps you assess if the company is the right fit for you.
