24 Oct
Ballymore
East London
Job description
Property Accountant - Permanent - Canary Wharf
Hours : 40 per week, 08.30am - 17.30pm Monday to Friday
Role & Responsibilities
- To support the Senior Property Accountant in maintaining the accounting records for their appointed schemes
- To carry out all basic accounting procedures to ensure that financial information is accurate and available on a timely basis.
- To interact with all stakeholders outside of the department in a professional manner
- Advising Property Directors on any accounting issues associated with annual service charge budgets and to assist as required in the production, distribution and processing of budgets
- To check that all properties,
units and tenant details are correctly held on the property management system.
- To update and change any Service charge or Ground rent amounts relating to Property transfers and sales.
- To prepare monthly ground rent returns for submission to Freehold clients.
- To draft monthly service charge income and expenditure reports for the Senior Property Accountant to discuss with the Property Directors
- To draft the monthly variance analysis reports and highlight any areas of budgetary anomalies
- To process journals reallocating expenditure as necessary
- To support the on-site development teams with Propman system and purchase order best practice, invoice coding, expense forms and requests for payment.
- Oversee the completion of bank reconciliations on a monthly basis for all designated schemes.
- To support the on-site development teams with Propman system and purchase order best practice, invoice coding, expense forms and requests for payment.
- To support the work of the purchase ledger team through obtaining payment runs for approval by the Senior Property accountant.
- Dealing with daily transactions for on-site petty cash and ensure that returns are properly authorised and coded.
- To monitor development scheme cashflow and forecasting at least 12 months ahead.
- Bill periodic ground rent, service charges, insurance and other charges to lessees or occupiers.
- Bill directly recoverable charges to lessees / occupiers.
- Assist with the service charge audit review at year end and check for all invoices against expenditure before passing to the external accountants.
- Send out service charge accounts to leaseholders once completed along with all relevant information
Skills & Experience
- Must have at least 3 years’ experience of managing service charge accounting.
- Must be part qualified ACA,
ACCA, AAT and actively working towards a professional qualification, or qualified by experience
- Must be interested in the property management sector and be able to engage with colleagues in an effective manner and support colleagues as required.
- Must be competent with accounting software packages and knowledge of property management software would be an advantage
- Good Excel skills required.
▶️ Property Accountant
🖊️ Ballymore
📍 East London