Property Accountant - London

Marks Sattin (UK) Ltd; City Of London; On-site; GBP 40,000 - 55,000; Full time

Job summary

A leading Real Estate business in Central London is seeking a Property Accountant for an 8-month contract. The role involves maintaining service charge calculations, preparing service charge budgets, and providing financial reporting. Candidates should have a strong background in service charge accounting with at least 5 years of experience and good communication skills.

Qualifications

• 5 years in a service charge accounting background.
• Part-Qualified accountant or studying (ACA, ACCA or ACMA) preferred.
• Good communication skills.

Responsibilities

• Assist with complex service charge calculations including budget preparation.
• Review service charge expenditure and handle forecasting adjustments.
• Communicate effectively for timely delivery of monthly reports.

Skills

Service charge accounting

Communication skills

Education

Part-Qualified accountant (ACA, ACCA or ACMA)

Job description

Property Accountant - London

Seeking a Property Accountant for an 8-month contract within a Real Estate business based in Central London. Looking for a candidate with a strong background in service charge accounting experience across large commercial businesses.

Responsibilities:

• Assist with the maintenance of complex service charge calculations. Including net internal area and density calculations.
• Preparation of service charge budgets and calculation of service charges for tenants.
• Reviewing service charge expenditure and investigating variances against budget, handling forecasting adjustments if required and presenting data at budget meetings with budget holders.
• Communicating effectively with all relevant parties to ensure timely delivery of monthly reports.
• Assist with system development and process automation of service charges.
• Review Tenant and Landlord Recovery account and reconcile monthly.
• Quarterly reconciliation of balance sheet accounts and assisting the Financial Controller in presenting financial results to Group Finance on a quarterly basis.

Requirements:

• 5 years in a service charge accounting background
• Part-Qualified accountant or Studying (ACA, ACCA or ACMA) is preferred.
• Possess good communication skills

To be considered for the role, candidates must be available to start the role immediately.

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