Senior Property Accountant

1 day ago


Leeds, Leeds, United Kingdom IPS Finance Full time

IPS Finance is seeking a highly skilled Senior Property Accountant to join their expanding team in the property sector. The ideal candidate will have a strong background in property finance, excellent communication skills, and the ability to thrive in a dynamic environment.

About the Role

This is an exciting opportunity for a talented individual to contribute to the financial management of IPS Finance's property portfolio. As a Senior Property Accountant, you will be responsible for preparing monthly, quarterly, and annual financial reports, reconciling accounts, and ensuring compliance with relevant regulations.

The salary for this role is estimated to be around £45,000-£60,000 per annum, depending on experience.

Key Responsibilities
  1. Prepare monthly, quarterly, and annual financial reports for property portfolios, including income statements, balance sheets, and cash flow statements.
  2. Reconcile accounts and ensure accuracy in financial records, particularly around rental income, service charges, and maintenance fees.
  3. Ensure that all client money (rents, deposits, service charges) is handled in compliance with relevant regulations.
  4. Reconcile client accounts and ensure funds are properly allocated and protected.
  5. Manage the accounts receivable process, ensuring timely collection of rent and service charges.
  6. Handle accounts payable, ensuring suppliers and contractors are paid on time.
  7. Prepare and manage service charge budgets, ensuring accurate allocation of costs for multi-tenant properties.
  8. Track expenses and compare them against budgeted figures to ensure proper fund management.
  9. Perform regular bank reconciliations for client and company accounts, identifying and resolving discrepancies.
  10. Ensure compliance with property and financial regulations, including client money protection (CMP) schemes.
  11. Assist with internal and external audits, preparing necessary documentation and ensuring the accuracy of financial data.
  12. Work closely with property managers, landlords, tenants, and external auditors to resolve financial queries and maintain clear communication regarding property finances.
Requirements
  1. Proven experience in a finance or accounting role, ideally within the property sector.
  2. Familiarity with client money protection regulations and best practices.
  3. Strong knowledge of financial reconciliation, cash flow management, and bookkeeping.
  4. Proficiency in property management software (e.g., Qube, MRI, or similar).
  5. Excellent communication and interpersonal skills.
  6. Attention to detail with the ability to manage multiple tasks efficiently.


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