Senior Property Accountant London£60k-£70kBonusFlex working 4:1

The role:

Manage the year end service charges and subsequent reporting for a prestigious mixed use development as well as a team of property accountants.

Duties:

• Produce Service charge accounts and liaise with auditors and ensure final accounts are reconciled
• Oversee, mentor and train a team consisting of Assistant Property Accountants and Property Accountants.
• Provide up to date financial information to Property Directors and leaseholders.

• Lead on entering annual budgets and raising of service charge demands to lessees, and assist in the collection of service charges
• Review ground rent demands raised on lessees, and ensure that ground rent returns are made to Freehold clients in an accurate and timely manner.
• Review, monitor and control all outgoings from the client bank accounts
• Complete bank reconciliations on a monthly basis
• Prepare the apportionment of final expenditure between lessees compared to service charges demanded on account.
• Prepare voids schedules and forecasts for freehold clients
• Prepare monthly VAT reports
• Posting any adjustments required, closing down year ends on the system and uploading balancing charges or credits
• Prepare weekly and monthly management summary reports
• Undertake monthly ground rent summaries for clients
• Preparation of reports (with accruals and prepayments) on actual vs budgeted expenditure at least quarterly, moving to monthly
• Ensuring any client/leaseholder enquiries are dealt with in a timely, helpful and professional manner.
• Assisting with the internal audit of client procedures and monies.

Requirements:

• Good experience of service charge reporting gained either in practice or in the finance department of a Residential Managing Agent
• Be studying towards ACCA/CIMA
• Advanced Excel skills
• Knowledge of a PMA system
• Professionalism and an appreciation of Property accounting compliance requirements