Rent & Service Charges Accountant - (Manager)

4 weeks ago


United Kingdom Adecco UK Full time

Rent & Service Charges Accountant required for our public sector client to work on a Hybrid basis - Mostly home working to manage a small team of 6.

Client: Local Authority in South West London

Job Title: Rent & Service Charges Accountant

Pay Rate: £26.56 per hour PAYE or £34.27 per hour UMB (Inside IR35)

Hours: 36 Hours a week (Mon-Fri) Occasional day in the office

Duration 3 Month Contract (likely extension)

Knowledge of rent setting/leaseholders in the Public Sector, Advanced excel & Knowledge of Financial coding structures for expenditure in a finance setting

Job purpose:
  • The Property Accounts team comprises of two areas specialising in property charge functions for Wandsworth Borough, service charges for leaseholders and managing rent accounts for tenants.
  • The team are responsible for the raising and calculation of charges for both tenant's rents and leaseholder's service charges and the preparation of Right to Buy and sales information.
  • There are approximately 22,000 rent accounts and 16,000 leaseholder properties.
The purpose of this role is:
  • To be responsible for effective billing and calculation of service charges for leaseholders.
  • To be responsible for the year-end service charge reconciliations and maintain accurate records of all transactions, analyse financial data, and preparing reports.
  • To have overall responsibility for the correct charging of rent including all elements to tenants and the annual recalculation of tenant's rents.
  • To review current process and procedures, introducing change where appropriate and finding solutions.
Specific Duties and Responsibilities
  • Responsibility for raising the annual leaseholders service charges promptly and accurately to a total of approximately £12m. Working to a tight timetable and with other departments to ensure that the information required for the service charges are collated from various sources and calculated accurately.
  • Responsible for managing the annual rent modelling exercise for tenants and the final rent calculations.
  • Reporting on the progress on all activities on a regular basis.
  • Management of officers, including recruitment, training, development and appropriate application of policies and codes of practice on staffing matters
  • Working with the corporate IT department and other partners to ensure successful implementation of a new IT service charge system for to ensure that service charges can be accurately calculated according to lease agreements.
  • Review the current calculation of the service charge elements and ensure that the calculation is transparent and accurate with clear written documentation.
  • The role may involve evening and weekend work when necessary.
Adecco acts as an employment agency for permanent recruitment and an employment business for the supply of temporary workers. The Adecco Group UK & Ireland is an Equal Opportunities Employer.

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