Service Charge Analyst

Osborn Executive Recruitment Ltd; Manchester; Hybrid; GBP 45,000 - 53,000; Full time

Job summary

A leading recruitment firm is seeking a Service Charge Analyst to join their EM EA / Occupier Property Accounts team. The ideal candidate will have 2-5 years of commercial service charge accounting experience and will be responsible for auditing occupier leases to identify savings and ensure compliance with lease terms. The role offers excellent training and career progression, along with strong bonus potential. Candidates can apply online or contact the designated personnel for more information.

Benefits

Excellent training opportunity

Strong bonus potential

Career progression

Qualifications

• 2-5 years of commercial service charge accounting experience required.
• Experience with year-end calculation of service charges.
• Ability to read and extract information from commercial leases.

Responsibilities

• Audit and reconcile financial considerations including service charges and insurance recharges.
• Prepare lease audit reports compliant with client scope.
• Manage audits and liaise with stakeholders.

Skills

Commercial property accounting experience

Lease negotiation skills

Stakeholder management

Job description

Service Charge Analyst

Location: London or Manchester or Birmingham

Salary: £45k - £53k bonus 3:2

The role

Working in the EM EA / Occupier Property Accounts team where the individual will be responsible audit occupiers leases and identifying savings through the service charges, insurance recharges, base rent, turnover rent, works deposits and capital allowances calculations.

This role is suitable for a Service Charge Accountant with 2-5 years of commercial service charge accounting experience seeking a more technical client-facing role.

Responsibilities

• Audit and reconcile all financial considerations including but not limited to service charges, insurance recharges, base rent, turnover rent, works deposits and capital allowances.
• Troubleshoot/dispute resolution through lease language regarding specific issues.
• Prepare individual lease audit reports consistent with each client’s scope of work.
• Communicate and negotiate with landlords to enforce compliance of lease obligations.
• Work closely with client legal department in interpretation of lease clauses for purposes of ensuring landlord/tenant compliance with lease terms.
• Coordinate and lead recurring lease audit status meetings with clients and account teams.
• Supervise 3rd party auditors on other lease audit projects as needed.
• Manage and prepare reports for clients including a lease master audit saving and cost avoidance reports.
• Liaising with various internal and external stakeholders to achieve the role responsibilities.
• Conduct audit service across UK, Europe and in some cases rest of the world with support, where required, from in country expertise both in-house and/or 3rd party.

Requirements

• Commercial property accounting experience.
• Prior experience of the full year end calculation of service charges - ideally reconciling back to the cashbook and in compliance with RICS.
• Previous experience of reading and extracting information from commercial leases.
• Have a robust personality and be able to confidently manage internal and external stakeholders.

Why you should work for us

• A rare opportunity to specialise in Service Charge.
• Excellent training and 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 or contact Holly Osborn 07393 126240 or Alec Mackenzie 07767 661896

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