Service Charge Accountant

Property Management Recruitment Ltd; West Midlands; On-site; GBP 32,000 - 52,000; Full time

Job summary

The Service Charge Accountant role at Property Management Recruitment Ltd oversees service charge accounts for a diverse portfolio, from budgets to year-end settlements. You'll work with property managers, clients and contractors to ensure clear financial control.

You should have proven service charge accounting experience, strong budgeting and reporting skills, and be proficient with Excel and accounting software. This is an office-based position in the West Midlands.

Qualifications

• Experience in service charge accounting or property management finance.
• Strong grasp of budgeting, reconciliations and reporting.
• Ability to produce clear financial reports and attention to detail.
• Experience with accounting software and Excel.
• Excellent communication and organisational skills.

Responsibilities

• Prepare and manage service charge budgets and forecasts across a mixed portfolio.
• Produce regular financial reports and reconciliations.
• Prepare year-end service charge accounts and schedules.
• Post and monitor service charge income and expenditure; manage invoicing.
• Reconcile supplier invoices and process creditor payments.
• Investigate and resolve spend variances.
• Act as main contact for property managers, clients and suppliers.
• Maintain records to audit standard.
• Support audit preparation and respond to auditor queries.
• Help improve processes to strengthen financial controls.

Skills

Service charge accounting

Budgeting

Financial reporting

Reconciliations

Excel

Attention to detail

Communication skills

Education

AAT, or part-qualified ACCA/ACA/CIMA

Tools

Accounting software systems

Job description

Service Charge Accountant

The role

Our client, a well-established property management company, is looking for a Service Charge Accountant to look after the service charge accounts across its managed portfolio. You'll own the full cycle, from budgets and expenditure monitoring through to reconciliations and year-end accounts. You'll work closely with property managers, clients and contractors to keep financial control clear and transparent.

Key responsibilities

• Prepare and manage service charge budgets and forecasts across a mixed portfolio
• Produce regular financial reports and reconciliations
• Prepare year-end service charge accounts and supporting schedules
• Post and monitor service charge income and expenditure, making sure invoicing and recovery are on time
• Reconcile supplier invoices and process creditor payments
• Investigate and resolve differences between budgeted and actual spend
• Act as the go-to contact for property managers, clients, contractors and suppliers on charges and queries
• Keep accurate records and supporting documents to audit standard
• Support audit preparation and respond to auditor queries
• Help improve processes to strengthen financial controls and efficiency

What you’ll bring

• Proven experience in service charge accounting or property management finance
• Strong grasp of accounting principles, reconciliations and budgeting
• Confident with accounting software and Excel, and able to produce clear financial reports
• Excellent attention to detail and numerical accuracy
• Strong communication skills, comfortable with internal teams, clients and suppliers
• Well organised, able to manage multiple accounts and deadlines

Desirable

• AAT, or part-qualified or qualified ACCA, ACA or CIMA
• Experience with property management or service charge systems

The environment

You’ll join a collaborative property management team that holds itself to high standards of financial administration. You’ll work closely with property managers and external contractors to make sure service charge funds are accurately recovered and reported.

This is an office based role.