Property Accountant (Service Charge)

Dove & Hawk; Birmingham; Hybrid; GBP 30,000 - 35,000; Full time

Job summary

A leading UK and European property management firm is seeking a Property Accountant for their West Birmingham office. The successful applicant will oversee service charge accounts for various property types, ensuring compliance with financial guidelines while collaborating with Asset and Property Managers. This role necessitates at least two years of relevant experience, particularly in service charges, and offers a competitive salary alongside robust benefits. Join a dynamic team dedicated to excellence in property management and accounting.

Benefits

Enhanced Pension: GPP Aviva 8% ER 5% EE

Employee Assistance Programme

27 Days Annual Leave increasing with length of service

Life Assurance 4 x salary

Regular Social Events

Commitment to CPD

Encouragement of self-development through study support

Qualifications

• Minimum of 2 years proven Service Charge Experience.
• Commercial and residential service charge experience preferred.
• Good system skills including advanced excel.

Responsibilities

• Collating service charge budgets and managing accounts for properties.
• Producing Actual v Budget comparisons and monitoring recovery.
• Service charge year end reconciliations and compliance with RICS guidelines.

Skills

Communication skills

Cost management

Problem-solving

Resilience

Innovation

Time management

Ability to interpret lease provisions

Education

AAT Level 3 or equivalent

Tools

Advanced Excel

Job description

Property Accountant (Service Charge) - West Birmingham - £30,000 to £35,000 DOE

My client, a leading UK and European privately owned Investment and Property Management company specialising in Commercial and Residential property, are currently seeking an experienced Property Accountant with Service Charge experience, to join their West Birmingham accounts team.

You will be managing the Service Charge accounts for a mixed portfolio of properties, including Industrial, Retail and Residential sites. Proven Service Charge experience is essential.

Key Responsibilities

• Collating service charge budgets, working with the Asset and Property Managers to agree costs and reporting to tenants within the RICS guideline timetable.
• Responsible for monitoring service charge recovery and explaining shortfalls.
• Producing Actual v Budget comparisons and working with Asset and Property Managers to ensure expenditure is kept in line with budget.
• Attend site meetings to advise on financials for the relevant properties.
• Liaising with Asset and Property Managers to respond to tenant queries.
• Service charge year end reconciliations - responsible for ensuring compliance with RICS guidelines (service charges reconciled within 4 months of the year end), liaising with auditors where appropriate, dealing with tenant queries in an appropriate timeframe.
• Managing Sinking Fund.
• Reviewing income and expenditure.
• Posting property prepayments and accruals and review of the purchase invoice register to ensure complete and accurate recording.
• Identify opportunities to improve cost management across the portfolio.
• Liaising with Asset and Property Managers and Credit Control regarding collections performance.
• Work with finance and Business Managers to develop specialisms.

Person Specification

• Minimum of 2 years proven Service Charge Experience
• Mixture of both commercial and residential service charge experience would be ideal
• AAT Level 3 or equivalent (desirable)
• Ability to understand and interpret lease provisions to ensure appropriate recovery of costs.
• Excellent communication skills, with the ability to interact at all levels of the business and externally.
• Resilient, with the ability to meet tight deadlines and cope with multiple & varied tasks.
• Innovative, with a desire to identify improvements.
• Willingness to learn and demonstrate a flexible approach to working.
• Ideally have some property industry experience preferably in an accounting role.
• Good system skills including advanced excel.

Package

• Salary: £30,000 to £35,000 DOE
• Hours: Monday to Friday 9am to 5pm (4 days in office, 1-day WFH)
• Enhanced Pension: GPP Aviva 8% ER 5% EE
• Employee Assistance Programme
• 27 Days Annual Leave increasing with length of service 28 days at 4 years and 29 days at 8 years
• Life Assurance 4 x salary
• Regular Social Events
• Commitment to CPD
• Encouragement of self-development through professional accountancy qualifications and study support

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• Birmingham, Bristol, London, Manchester, Newcastle upon Tyne
• Competitive salary and a broad range of employee benefits
• Birmingham, Bristol, London, Manchester, Newcastle upon Tyne
• Competitive salary and a broad range of employee benefits