Service Charge Accountant

2 weeks ago


Colchester, United Kingdom Dove & Hawk Full time

**Service Charge Accountant - £25,000 to £35,000 - Colchester, Essex - Hybrid Working**
Due to an influx of new business and growth in my client's portfolio, they are on the search for a Service Charge Accountant to join their friendly team. My client predominately manages blocks of flats and estates in Colchester and surrounding areas, includingIpswich, Chelmsford, and other locations throughout Essex, together with a growing number of developments further out of area.
**Responsibilities**
- Deliver year end accounts to residents in a timely fashion
- Liaise effectively with external accountants to deliver a smooth audit process and provide the best possible outcome for our customers and our clients
- Ensuring TECH 03/11 is adhered to
- Working alongside Property Managers setting Service Charge Budgets, administering year end accounts and recording all incoming/outgoing transactions relating to estates under management
- Update the Database with the Service Charge Budget and ensure the charges are applied correctly to the tenant account
- Review and recommend any movements of expenditures between Cost Centres
- Review and recommend any prepayments and accruals at Service Charge Year End Reconciliation
- Check invoice descriptions where these are not clear and make amendments where applicable.
- Confirm with the Property Manager on tenant apportionment percentages and make changes to the database where applicable
- Prepare spreadsheets and system-generated reports that match the income against expenditure to create a Balancing Charge Report
- Raise Balancing Charges in line with the Balancing Charge Report
- Create a Service Charge pack for the Property Manager to distribute to tenants
- Answering internal and external queries relating to service charge matters.
- Balance sheet analysis
- Review budget vs actual expenditure throughout the year
- Provide Service Charge reports to the Property Managers in line with the Service Charge timetable and ahead of the annual budget being prepared
- All other Service Charge tasks as required to ensure resident/client satisfaction alongside internal team efficiency

**Required Skills & Experience**
- Ideally a part qualified Account
- A minimum of 2 years' experience of working in an accounting environment, ideally within the private sector leasehold industry
- Double entry book-keeping and the accuracy that accompanies it
- Microsoft Excel in particular at intermediate level, alongside Microsoft Word
- High attention to detail with the ability to see and challenge information
- Strong communication skills, able to liaise with non-financial internal and external Customers
- Self-motivated and organised, able to prioritise own workload
- A team player, demonstrates working towards a common goal.
- Strong customer focus, understanding both internal and external stakeholders

**The Reward**
Excellent long term career prospects
Company Pension Scheme
21 days Holiday allowance plus bank holidays and Christmas shutdown (Christmas Eve - News Years)
Hybrid working considered.



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