Service Charge Accountant
Borehamwood | Permanent | £35,000 - £45,000/year | www.cv-library.co.uk |
We require a Service Charge Accountant to start in Borehamwood for a Permanent Contract working for a leading property management business. The Service Charge Accountant is primarily responsible for the timely production of service charge accounts, monthly reporting, including accruals and prepayments, and managing the Section 20b process and client money handling in accordance with the appropriate codes of practice and RICS standards/ARMA Guidelines.
Location: Borehamwood
Key Requirements:
• Prepare and produce service charge accounts in a timely manner to our clients Standards ensuring the need for Section 20b for the late issuing of accounts is not required. Review and analyse financial transactions to ensure completeness and accuracy whilst resolving any balance sheet anomalies.
• Ensure any void units are billed appropriately to the Developers and are reflected correctly within the accounts.
• Work closely with the property management team and customers to gather and review information to ensure clear and transparent finance reporting.
• Attend meetings internally, with clients and external auditors during the accounts process in order to finalise service charge accounts.
• Prepare dormant and company accounts, and issue Trust Tax returns where necessary.
• Prepare monthly financial reports, energy reconciliations, including income statements, and cashflow monitoring adhering to RICS standards, ARMA Guidelines.
• Perform monthly accruals and prepayments to ensure expenses and receipts are recognised in the appropriate accounting period.
• Reconcile accounts and resolve any discrepancies in a timely manner
Successful candidates must have:
• Intermediate excel knowledge, using basic formulas, V-lookups and pivot tables
• Experience in accruals based accounting
• Good communication skills, written and verbal.
• Solution driven and forward thinking.
• Minimum 2 years’ experience in a financial role
• Has experience is working within a finance team in the property sector (plus)
• Analyzing and interpreting financial reports
• Studying towards an accounting qualification (ACCA, CIMA) (plus)
In return, we offer:
• £35,000-£45,000 per annum
• Career Progression
• Easy access to location
Location: Borehamwood
Key Requirements:
• Prepare and produce service charge accounts in a timely manner to our clients Standards ensuring the need for Section 20b for the late issuing of accounts is not required. Review and analyse financial transactions to ensure completeness and accuracy whilst resolving any balance sheet anomalies.
• Ensure any void units are billed appropriately to the Developers and are reflected correctly within the accounts.
• Work closely with the property management team and customers to gather and review information to ensure clear and transparent finance reporting.
• Attend meetings internally, with clients and external auditors during the accounts process in order to finalise service charge accounts.
• Prepare dormant and company accounts, and issue Trust Tax returns where necessary.
• Prepare monthly financial reports, energy reconciliations, including income statements, and cashflow monitoring adhering to RICS standards, ARMA Guidelines.
• Perform monthly accruals and prepayments to ensure expenses and receipts are recognised in the appropriate accounting period.
• Reconcile accounts and resolve any discrepancies in a timely manner
Successful candidates must have:
• Intermediate excel knowledge, using basic formulas, V-lookups and pivot tables
• Experience in accruals based accounting
• Good communication skills, written and verbal.
• Solution driven and forward thinking.
• Minimum 2 years’ experience in a financial role
• Has experience is working within a finance team in the property sector (plus)
• Analyzing and interpreting financial reports
• Studying towards an accounting qualification (ACCA, CIMA) (plus)
In return, we offer:
• £35,000-£45,000 per annum
• Career Progression
• Easy access to location
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