Head of Accounts
7 months ago
**Head of Accounts - Property Management**
Freehold Management Company, based in Central Hove with management instructions throughout the South East. With a growing portfolio of managements under instruction, an increasing client base and an expanding team, the company continues to take advantage of opportunities and growth in the industry. We require a new Head of Accounts to take forward the finance department as we embark on a new chapter of successful growth
**The Role**
As the Head of Accounts your core duties and responsibilities will include, but not be limited to, the following:
Overall management of income and expenditure across the property portfolio, taking responsibility for full reconciliation of monies at all times.
Overall responsibility for the preparation of annual accounting packs for review by external auditors, including profit and loss, balance sheets prepared to statutory format.
Ensure full compliance of year end accounts in accordance with the 18 month rule.
Liaise and manage 3rdparty accountant/auditor relationships accordingly.
Facilitating the process of expenditure budgets (set by the property team) for properties with periodic review and monitoring against actual expenditure.
Periodic reporting to freehold clients including review calls, monthly reports and analysis and meetings.
Overseeing a team of 4 property accounts staff. Including heading the department, leading the team, improving team members, managing appraisals, performance of team members, training, leading, guiding and developing team members. Task allocation and roles and responsibilities across the department. Ensuring pathway, development and growth for team members,
Supervising the accounts payable and accounts receivable functions.
Supervising client bank account reconciliations. Including the authorisation of payments using Natwest CMS and bankline systems.
Updating data and financials resulting from lease extensions, legal completion, changes in tenancy, changes in client entity and liaising with internal legal completion team.
Supervise credit control and cash collection processes, progressing to referral packs and subsequent liaison and collaboration with external litigation lawyers regarding arrears recovery.
Support the businesses outsourced finance team on day to day accounting, including VAT, payroll, and audit queries as the main point of contact for external auditors.
Oversee, action and account for companies’ fees, with regards to billing, collection and reporting.
Drive improvements via suggestions, innovation and opportunities in finance systems and processes.
Build strong relationships with property management and surveying departments and provide full collaborative support to the Managing Director.
Encourage knowledge sharing across the team and develop growth of team members, focusing on individual improvement plans, training & development and in turn plans for the department’s future evolution.
**The Person**
The incumbent will be tech savvy and have used a recognised property management and accountancy software (MRI, YARDI, TRAMPS, Quickbooks/XERO, Qube etc). An understanding and interest in technology and software is key, allowing us to extract the most out of Proptech.
**The Credentials**
- Qualified Accountant or evidence of having or imminently will commence with qualifications
- Experience of delegating tasks to individual staff
- Experience of line/staff management.
- Excellent IT skills including the use of Microsoft packages, XERO, and property bespoke software.
- The ability to successfully deliver projects that include multiple work streams and deadlines
- Experience of Block Management
**Experience**:
- Finance Management: 3 years (required)
- Block Management: 2 years (Preferred )
**Education**:
- Accountancy qualifications, ACA, ACCA, CIMA (preferred)
Full time: 38.75 per week (Monday to Friday)
**Salary**: £38,000.00-£43,000.00 per year based on experience & qualifications
**Benefits**:
- Company pension
- Yearly performance & salary/bonus reviews
- New business bonus
- Company events
**Salary**: £35,000.00-£40,000.00 per year
**Benefits**:
- Company events
- Company pension
- Private medical insurance
- Sick pay
Schedule:
- Monday to Friday
Supplemental pay types:
- Commission pay
- Yearly bonus
Ability to commute/relocate:
- Hove: reliably commute or plan to relocate before starting work (required)
**Experience**:
- Accounting: 2 years (preferred)
- bookkeeping: 1 year (preferred)
Work Location: In person
Reference ID: Head of Accounts
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