Service Charge Coordinator
5 months ago
**Company Description**
The UK is facing a housing crisis and not everyone has the means to enjoy the security and stability of owning their own home. Our aim at Legal & General Affordable Homes is to transform the affordable housing sector, and with a growing pipeline we’re committed to investing in housing for all ages, social groups and tenures. We’re collaborating with developers, housing associations and public sector bodies across the country to drive investment into the UK’s affordable housing sector, focusing primarily on the affordable rent and shared ownership markets, and striving to be the UK’s leading private affordable housing providers known for excellent service and quality homes. We want to have a positive economic and social impact on the regions and communities in which we work.
To support the Service Charge Manager and internal and external colleagues to ensure consistent, accurate and realistic service charges are set for all schemes coming through the approval process.
Support the annual review of rent and service charges with our external suppliers and internal Stakeholders.
Support the annual reconciliation of estimates and actuals in liaison with our external suppliers and other internal Stakeholders.
This role requires adhoc travel to our London site.
**What you will be doing**:
- Service charge modelling for the first stages of our internal scheme approval process in liaison with Development colleagues.
- Review of service charges ahead of the second stage of our internal scheme approval process - check all amendments from stage one have been made or explained where not required.
- Service charge review and amendment pre operational scheme handover for sign off by the Service Charge Manager.
- Update Brolly (our internal Housing Management System) with finalised service charges in advance of letting or sale.
- Liaise with Development and managing agent/ManCo to ensure an up to date budget is received and checked.
- Performance reporting.
- Ensure the service charge model is kept up to date with changes to schedule of rates costs and other variable factors.
- Maintain the reserve fund reconciliation.
- Be a point of contact for customer queries and complaints regarding service charges where these cannot be closed by our management providers.
- Contribute to internal and external audit and regulatory returns
**Qualifications**
- Proven experience of service charge budgeting and reconciliation.
- Knowledge and experience of affordable housing sector.
- Solid understanding of the importance of building and maintaining relationships for the mutual benefit of all external and internal parties.
- An understanding of key service charge legislation.
- Experience of working with Housing Management Systems and an understanding of the importance of keeping the information in such systems up to date.
- Interest in developing systems to support the business with service charge setting and reporting.
- Responding to customer queries and complaints regarding service charges.
**Additional Information**
When you commit to Legal & General, we’ll commit to you too. That means we’ll recognise and reward your hard work, your performance and your contribution.
If you join us, you’ll get access to some great benefits, including private medical insurance, 25 days holiday (excluding bank holidays), a generous pension scheme and life assurance. You can participate in our electric car scheme, which offers employees the option to hire a brand new electric car through tax efficient salary sacrifice. We’re also proud to offer competitive family leave.
You’ll have the opportunity to participate in our annual, performance-related bonus plan. And then there are the many discounts we offer that you can take advantage of - both for our own products and at a range of high street stores and online offerings.
The brand with the brolly is choosing today to change tomorrow.
Since 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands.
We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet.
We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.
At L&G, you’ll find a balance that helps you be your best. Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.
Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&G. Will you join us?
Great minds don’t have to think alike, so we welcome voices from
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