Service Charge Accountant

3 weeks ago


City of London, United Kingdom Kennedy Pearce Consulting Careers Full time

Our client is a 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 6 months FTC basis, with strong scope to become perm.Key Responsibilities & AccountabilitiesAct as the internal subject matter expert on service charge accounting across the portfolioPost monthly service charge forecasts in the property management systemPost and monitor service charge capital projects run by estate management companiesPrepare quarterly Budget vs Actual (BvA) reports and liaise with managing agents to resolve queriesSupport preparation and review of annual service charge reconciliations, including P&L and balance sheet, ensuring year-end balances reconcile to the final managing agent positionEnsure appropriate treatment of service charge surpluses and deficits in line with leases and accounting standardsUnderstand the impact of service charge activity on both the P&L and balance sheet, including accruals and prepaymentsQualifications & ExperienceStrong experience in service charge accounting (preferably residential or mixed-use)Key Skills & CompetenciesSolid understanding of accounting treatment of service charge trans...



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