Accounts Assistant

Robert Walters UK; City Of London; On-site; GBP 35,000 - 40,000; Full time

Job summary

A reputable property business is seeking an Accounts Assistant in London to ensure smooth financial operations within a supportive finance team. This full-time role requires attention to detail in various financial tasks, including managing sales ledgers and preparing management accounts. Ideal candidates will have experience in property accounting and strong bookkeeping skills, with a competitive salary of £35,000 - £40,000 offered.

Qualifications

• Experience in property or real estate accounting, especially in service charge work.
• Hands-on experience in bank and balance sheet reconciliations.
• Familiarity with sales ledger management and credit control.

Responsibilities

• Post and process payments efficiently and prepare weekly payment runs.
• Manage the sales ledger, including raising tenant invoices and credit control.
• Assist with monthly management account preparation and VAT submissions.

Skills

Attention to detail

Double-entry bookkeeping

Sales ledger management

Invoice processing

Intercompany postings

VAT return preparation

Job description

Overview

An exciting opportunity has arisen for an Accounts Assistant to join a reputable property business based in North London. This permanent, full-time position offers you the chance to play a vital role within a supportive finance team, working closely with experienced professionals to ensure the smooth running of financial operations across a diverse residential and commercial property portfolio. With a competitive salary of £35,000 - £40,000 and the stability of an office-based role, this is your chance to develop your skills in a collaborative environment where your attention to detail and commitment to accuracy will be highly valued.

Responsibilities

• Post and process payments efficiently while preparing weekly payment runs to ensure timely settlements across multiple entities.
• Handle daily bank postings and perform accurate bank reconciliations for various client accounts, maintaining robust financial controls.
• Manage the sales ledger by raising tenant invoices, allocating receipts promptly, issuing tenant statements, and overseeing credit control activities.
• Process credit card transactions and reconciliations diligently while reviewing and posting staff expenses in line with company policies.
• Undertake intercompany postings and reconciliations, ensuring that intercompany matrices are maintained accurately and month-end settlements are completed without discrepancies.
• Assist with the preparation of monthly management accounts by supporting accruals, prepayments, journal entries, profit & loss reviews, and balance sheet analysis.
• Contribute to VAT return preparation and submission by gathering relevant data and ensuring compliance with statutory requirements.
• Support service charge accounting by helping prepare budgets, apportionments, expenditure tracking reports, reconciliations, and comprehensive year-end packs for residents or tenants.
• Maintain the rent ledger by monitoring rent reviews or uplifts, indexation adjustments, lease schedules, deposits management, and arrears tracking.
• Provide cash flow support through weekly forecasting activities while assisting with year-end close procedures and responding to external audit requests with detailed schedules and reconciliations.

The Ideal Candidate

• Demonstrated experience in property or real estate accounting (residential or commercial), particularly involving service charge work which requires meticulous attention to detail.
• Proven double-entry bookkeeping skills supported by hands-on experience in performing bank reconciliations as well as credit card and balance sheet reconciliations across multiple entities.
• Familiarity with sales ledger management including raising invoices for tenants, allocating receipts efficiently, issuing statements regularly, and conducting effective credit control measures.
• Experience processing payments accurately alongside preparing weekly payment runs that adhere strictly to deadlines set by the finance department.
• Ability to handle intercompany postings confidently while maintaining precise intercompany matrices; adept at completing month-end settlements without error.
• Competence in assisting with monthly management account preparation—covering accruals calculation; prepayment adjustments; journal entry creation; profit & loss statement review; balance sheet analysis—all under supervision from senior finance colleagues.
• Understanding of VAT return preparation requirements coupled with practical involvement in compiling necessary documentation for timely submissions.
• Knowledge of service charge accounting processes such as budget preparation; apportionment calculations; expenditure tracking; reconciliation exercises; assembling comprehensive year-end packs for residents/tenants.
• Skill in maintaining rent ledgers—monitoring rent reviews/uplifts; applying indexation changes; updating lease schedules; managing deposit records; tracking arrears effectively throughout tenancy lifecycles.
• Willingness to contribute towards continuous improvement initiatives aimed at streamlining existing processes or optimising system usage within the finance function.

Next Steps

If you are ready to take the next step in your career as an Accounts Assistant within a welcoming finance team then we encourage you to apply now!

Apply today by clicking on the link - don't miss out on this fantastic opportunity!

Robert Walters Operations Limited is an employment business and employment agency and welcomes applications from all candidates