This role reports directly into a Client Accounting Manager and requires solid all-round client accounting knowledge in addition to extensive service charge accounting experience.
The role will support the Senior Client Accountant in ensuring the delivery of all aspects of client accounting to the highest possible standard in line with client KPI's, RICS regulations and AY compliance controls.
One of the world's fastest-growing commercial real estate firms.
To ensure the maintenance of lease details on the database is performed in an accurate and timely manner.
Maintain and update property service charge year end and budget information on the database.
Working with your internal stakeholders, monitor budget to actual and actively manage shortfalls in the service charge account and escalating as appropriate any exceptions.
Client void management to ensure cashflow is maintained.
Carry out quarterly reviews of the service charge account with surveyor/facilities manager
Complete REM elements of the Service Charge Year End workflow, working closely with surveyors and AY appointed accountants, including cash reconciliation.
Produce monthly/quarterly client reporting in agreed formats in a timely and accurate manner. This will include production of Client and VAT reports, bank reconciliations, arrears report and any other bespoke reporting that has been agreed. This is to be reviewed by line manager or Senior Client Accountant before submission.
Ensure all rents and insurance are paid over to client in a timely manner paying attention to any Duty of Care arrangements and the Non-Resident Landlord Scheme.
Ensure settlement of VAT in a timely manner
Attend finance/accounts meetings both on and off site with your line manager.
Responsible for raising ad hoc and one-off charges for the recovery of costs as appropriate.
Responsible for the timely recovery of utility costs and complete full reconciliations of the utility recharge account.
Liaise with credit control/supervisor to assist in the recovery of all charges
Production of all bank reconciliations for review and ensure any reconciling items are cleared monthly
Liaise with cashiers to resolve queries.
Assist REM helpdesk with any queries that may arise
Responsible for the mobilisation and demobilisation of instructions working with appropriate stakeholders.
Ensure all KPI's and delivery deadlines are met.
Management of insufficient cash positions.Profile
Experience of working in a property accounting environment.
Knowledge of basic accounting principles for example double entry, accruals and prepayments.
Experience of working in a busy fast paced finance function.
Ability to work as part of a team and contribute in a positive manner to the overall performance of the team.
Ability to manage and prioritize accordingly, and deal with high volumes of work.
Flexibility and commitment to completing the task in hand.
Excellent interpersonal and presentation skills.
Attention to detail skills to submit reports and reconciliations for review.
Excellent communication skills and ability to work with a variety of stakeholders.
Advanced Microsoft knowledge
Self-motivated to maintain output and able to work from home at times
Competitive salary & benefits