Service Charge Accountant

Posted 12 February 2025
Salary £45000.00 - £55000.00 per annum
LocationCity of London
Job type Permanent
Discipline Accounting & Finance
ReferenceSCA_1739355133

Job description

Our client is a FTSE listed Real Estate business based in the heart of London with an ever-expanding footprint and a fantastic culture. Due to the continues growth, they require an energetic Service Charge Accountant to help the finance team on a permanent basis.

Key responsibilities & accountabilities:

The Service Charge Accountant will oversee the financial management of the business unit residential portfolio. The role offers hybrid working.

Key Responsibilities:

  • Financial Management: Prepare and manage annual service charge budgets, ensuring accuracy and compliance with relevant legislation and best practices.
  • Preparation of Accounts: Produce Service Charge Actuals, reconciling customer payments and contractor payments to ensure accurate financial records.
  • Year-End Accounts: Prepare and finalise Year-End Accounts, ensuring all documentation is complete and compliant with industry regulations.
  • Finance Business Partnering: Client meetings as necessary to explain service charge accounts and procedures, addressing any queries or concerns.
  • Reporting: Produce high-quality service charge reports on a quarterly basis, providing variance analysis and actionable insights.
  • Audit Coordination: Liaise with external auditors to facilitate smooth audit processes, preparing necessary documentation and addressing audit queries.

Qualifications and Experience:

  • Experience: over 2 years working in a service charge role
  • Education: Bachelor's degree in accounting, Finance, or a related field, or an equivalent combination of education and experience.
  • Professional Certification: Part-qualified or fully qualified Accountant