Service Charge Financial Manager

5 days ago


Manchester, United Kingdom CV Library Full time
Job Summary
CV Library is a leading recruitment agency that specializes in placing talented professionals in various roles within the real estate industry. We are currently seeking a skilled Service Charge Financial Manager to join our team in Manchester. In this role, you will be responsible for providing financial expertise and guidance to our clients in the property sector.

Key Responsibilities:
- Provide financial expertise and guidance to clients in the property sector.
- Assist property managers in preparing service charge budgets and implementing them into the property management system.
- Raise and issue billing to leaseholders.
- Monitor and check expenditure against budgets throughout the year, monitor cash flow.
- Perform monthly bank account reconciliations.
- Raise and send service charge and ground rent invoices.
- Assist property manager with budgets.
- Prepare and reconcile year-end accounts ready to go to external accountants including accruals and prepayments.
- Process reports, handover information, and funds.
- Process accounting data using both PM software and others (Excel etc.).
- Prepare reports including budgets, year-end, arrears, and others as required.
- Ensure compliance with internal accounting, legal, and RICS regulations.
- Answer financial queries and have the confidence to challenge.

Requirements:
- Prior experience working for a property/real estate company preparing service charge accounts.
- Familiarity with relevant legislation and regulations.
- Working knowledge of a Property System (QUBE, Yardi, TRAMPS or similar).

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