Service Charge Accountant - FTC

Cobalt Recruitment; London; Hybrid; GBP 40,000 - 45,000; Full time

Job summary

An established industry player in property investment and management is seeking a Service Charge Accountant for a 6-month temporary contract. This dynamic role involves preparing annual service charge statements, performing reconciliations, and collaborating with Property Managers to create detailed budgets. The ideal candidate will have experience in Service Charge Accounting and a friendly demeanor to foster a supportive team culture. With a focus on accuracy and timely results, this position offers a chance to work in a vibrant environment, contributing to the management of iconic retail and residential spaces in central London.

Qualifications

• Experience in Service Charge Accounting for a real estate business is essential.
• Strong planning skills and attention to detail are crucial.

Responsibilities

• Prepare annual service charge statements and manage the service charge audit.
• Collaborate with Property Managers on annual service charge budgets.

Skills

Service Charge Accounting

Planning Skills

Attention to Detail

Communication Skills

Tools

Unit 4

Horizon

Job description

About the Role

Service Charge Accountant - 6 month FTC

London

£40,000 - £45,000

A prominent property investment and management company with a dynamic portfolio in central London, specialising in iconic retail, hospitality, and residential locations. Known for cultivating vibrant, high-traffic destinations, they focus on creating sustainable, community-oriented spaces that attract visitors, residents, and businesses alike.

Our client is looking to hire a Service Charge Accountant on a temporary basis for 6 months initially. Working hours are 9AM - 5PM each day and will require you to come into their London office 4 days per week, offering 1 day working from home. This role will be working closely with 2 other Service Charge Accountants focusing on the reconciliations and budgets for the year-end.

Responsibilities -

• Prepare annual service charge statements, ensuring accurate, timely results that align with accounting standards and the RICS code, aiming to deliver statements three months early. Includes managing the service charge audit.
• Perform service charge balance sheet reconciliations, monitoring balances to confirm timely recharges or income recognition, and clearing balances annually.
• Collaborate with Property Managers on detailed annual service charge budgets reflecting operational plans.
• Create monthly service charge reports, reviewing variances and proposing adjustments.
• Cultivate relationships with key stakeholders to enhance statement accuracy and timely balance management.
• Support the Property Accountant and finance team as needed.

Requirements -

• Experience in Service Charge Accounting for a real estate business is essential.
• Background in Investment Property is beneficial.
• Familiarity with Unit 4 and Horizon is advantageous.
• Strong planning skills, attention to detail, and reliability.
• Ability to communicate and present effectively, especially with non-finance professionals.
• Friendly and personable, contributing to a supportive team culture.

If you are seeking a temporary role as a Service Charge Accountant, please apply today with the latest copy of your CV!