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Senior Property Accountant

2 months ago


London, Greater London, United Kingdom Osborn Executive Recruitment Full time
{"h1": "Senior Property Accountant", "p": "We are seeking a highly skilled Senior Property Accountant to join our team at Osborn Executive Recruitment. As a Senior Property Accountant, you will be responsible for managing the year-end service charges and subsequent reporting for a prestigious mixed-use development, as well as overseeing a team of property accountants.

Key Responsibilities:

* Produce Service charge accounts and liaise with auditors and ensure final accounts are reconciled
* Oversee, mentor and train a team consisting of Assistant Property Accountants and Property Accountants
* Provide up-to-date financial information to Property Directors and leaseholders
* Lead on entering annual budgets and raising of service charge demands to lessees, and assist in the collection of service charges
* Review ground rent demands raised on lessees, and ensure that ground rent returns are made to Freehold clients in an accurate and timely manner
* Review, monitor and control all outgoings from the client bank accounts
* Complete bank reconciliations on a monthly basis
* Prepare the apportionment of final expenditure between lessees compared to service charges demanded on account
* Prepare voids schedules and forecasts for freehold clients
* Prepare monthly VAT reports
* Posting any adjustments required, closing down year ends on the system and uploading balancing charges or credits
* Prepare weekly and monthly management summary reports
* Undertake monthly ground rent summaries for clients
* Preparation of reports (with accruals and prepayments) on actual vs budgeted expenditure at least quarterly, moving to monthly
* Ensuring any client/leaseholder enquiries are dealt with in a timely, helpful and professional manner
* Assisting with the internal audit of client procedures and monies

Requirements:

* Good experience of service charge reporting gained either in practice or in the finance department of a Residential Managing Agent
* Be studying towards ACCA/CIMA
* Advanced Excel skills
* Knowledge of a PMA system
* Professionalism and an appreciation of Property accounting compliance requirements

Why Osborn Executive Recruitment?

* We are a leading urban regeneration developer
* We champion internal progression
* A chance to work on some of London's most prestigious mixed-use developments. Some truly unique properties.

Interview Process:

* One stage process
* 1st stage face-to-face

If you would like further information on this opportunity, please apply online with your updated CV. To learn more about Osborn Executive Recruitment and our current vacancies, please visit our website and follow us on LinkedIn."