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Property Accountant
Job summary
A prestigious landlord in the City of London is seeking a Property Accountant to manage property accounting and support Property Surveyors. The successful candidate will have 2-5 years of experience in property accounts and service charge accounting, along with strong communication and Excel skills. This role offers a salary between £40-£45k plus bonuses and excellent pension benefits, along with significant career progression opportunities.
Benefits
Qualifications
- 2-5 years experience in a residential or commercial property accounts environment.
- Previous experience of service charge accounting.
Responsibilities
- Set up new properties on the systems.
- Ensure all charge raising is complete for monthly and quarterly periods.
- Handle the void funding demands in line with the service charge budgets.
- Conduct quarterly reviews of service charges.
- Reconcile annual service charges.
Skills
West End/London
£40-£45k + bonus and excellent pension
The role: An excellent opportunity for a Client/Service Charge Accountant with 2-5 years experienceto move client side to manage a portfolio of properties within the Property Management department, providing support to Property Surveyors to ensure clear and accurate accounting to the tenants and finance department.
- Set up new properties on the systems
- Ensure all charge raising is complete for monthly and quarterly periods.
- Handle the void funding demands in line with the service charge budgets.
- Have responsibility for annual insurance premiums and to reconcile recharges.
- Monitor property funding
- Input service charge budgets, updating the on-account charge; apportionments and void funding for each property.
- Conduct quarterly reviews of service charges
- Reconcile annual service charges.
- Arrange external audits, answering all queries as required.
- Handle the demands for the excess/surplus from the tenants to close the accounts within four months of the year end.
- Complete the cash reconciliations
- Carry out quarterly review of income v budget
- Reconcile service charge bank accounts on a quarterly basis.
- Assisting with the quarterly reporting and VAT Liability
- Finance Department quarterly and deal with VAT queries on a timely basis.
- 2-5 years experience in a residential or commercial property accounts environment
- Previous experience of service charge accounting
- Strong communication skills
- Good Excel skills
- An amazing opportunity to join a prestigious landlord and a close knit friendly team
- Excellent bonus and career progression potential
- An opportunity to learn and study
- 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
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.