Client Accountant

Cobalt Consulting (UK) Ltd; London; On-site; GBP 40,000 - 50,000; Full time

Job summary

A leading property management consultancy is seeking a Service Charge Accountant to manage the end-to-end service charge accounting process for commercial assets. Join a forward-looking organization where you will work closely with property managers and asset managers, ensuring compliance and accurate financial reporting. Strong experience in service charge accounting and familiarity with systems like QUBE or Yardi are essential.

Qualifications

• Strong background in service charge accounting within commercial real estate.
• Solid understanding of service charge principles and statutory compliance requirements.
• Experience using property management/accounting systems.

Responsibilities

• Prepare, review, and reconcile service charge accounts.
• Lead on annual service charge budgets.
• Provide accurate financial reporting to stakeholders.
• Work closely with Property Managers and Facilities teams.

Skills

Service charge accounting

Technical accounting skills

Relationship building

Compliance understanding

Tools

QUBE

Yardi

Job description

Cobalt are working with a leading property management business to hire a Service Charge Accountant on a 12-month fixed term contract. This role will see you managing the end-to-end service charge accounting process for a portfolio of commercial assets, working in close partnership with property managers, asset managers, and facilities teams.

It is an excellent opportunity to join a people-driven and forward-looking organisation, where you will gain hands-on exposure to multi-let offices, retail, and mixed-use schemes.

Key Responsibilities

• Prepare, review, and reconcile service charge accounts in line with industry standards and lease agreements
• Lead on annual service charge budgets and contribute to quarterly forecasting processes
• Provide accurate financial reporting, including variance analysis, to landlords, asset managers, and occupiers
• Work closely with Property Managers and Facilities teams to ensure accurate cost allocation and transparent reporting
• Liaise with auditors to ensure year-end accounts are delivered on time
• Identify and implement improvements in processes and reporting
• Ensure compliance with the RICS Service Charge Code and relevant legislation

Skills & Experience Required

• Strong background in service charge accounting within commercial real estate
• Solid understanding of service charge principles and statutory compliance requirements
• Experience using property management/accounting systems such as QUBE or Yardi
• Excellent technical accounting skills, particularly reconciliations and variance analysis
• Ability to prioritise and manage deadlines in a dynamic environment
• Confident communicator, with the ability to build relationships across property management and client teams