Service Charge Accountant 12M FTC

Cobalt Recruitment; City Of London; Hybrid; GBP 50,000; Full time

Job summary

A recruitment agency is seeking a Service Charge Accountant to join a commercial property management team on a 12-month fixed-term contract. The ideal candidate will manage the preparation and reconciliation of service charge accounts for high-profile commercial assets, ensure compliance with relevant legislation, and liaise with various stakeholders. This hands-on role is set in a fast-paced environment with opportunities for professional growth.

Qualifications

• Solid experience in service charge accounting within commercial property.
• Knowledge of service charge best practice and statutory requirements.
• Strong technical accounting and reconciliation skills.

Responsibilities

• Prepare, review, and finalize service charge accounts.
• Assist with annual budgeting and quarterly forecasting.
• Reconcile expenditure and analyze variances.
• Liaise with Property Managers and auditors.
• Support improvements to processes and reporting standards.
• Ensure compliance with legislation and RICS Service Charge Code.

Skills

Service charge accounting experience

Knowledge of service charge best practice

Proficiency with property management/accounting systems

Technical accounting skills

Ability to manage multiple deadlines

Effective communication

Tools

QUBE

Yardi

Job description

Location: London/Hybrid

Salary: £50,000

Contract: 12-Month Fixed Term

Overview

Cobalt are working with a highly regarded property company to source a Service Charge Accountant to join their commercial property management team on a 12-month fixed term contract. The role involves managing the preparation, reconciliation, and reporting of service charge accounts across a portfolio of high-profile commercial assets. This is a hands-on role within a fast-paced environment, offering exposure to large office and retail developments while working closely with property and asset managers.

Responsibilities

• Prepare, review, and finalise service charge accounts in line with lease terms and best practice
• Assist with annual budgeting and quarterly forecasting for multi-let commercial properties
• Reconcile expenditure, analyse variances, and provide clear reporting to stakeholders
• Liaise with Property Managers, Facilities teams, and auditors to ensure accurate year-end delivery
• Support improvements to processes, systems, and reporting standards
• Ensure compliance with relevant legislation and RICS Service Charge Code

Skills & Experience

• Solid experience in service charge accounting within commercial property
• Knowledge of service charge best practice and statutory requirements
• Proficiency with property management/accounting systems (QUBE, Yardi, or similar)
• Strong technical accounting and reconciliation skills
• Ability to manage multiple deadlines in a fast-moving environment
• Effective communicator, able to work confidently with stakeholders and occupiers