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Head of Property Financial Services
3 weeks ago
Cobalt Recruitment is seeking a Head of Property Financial Services to join their team on a temporary 2-3 month contract, with the potential to become a permanent position.
Job OverviewThe successful candidate will be working for a leading property management company on one of their most prestigious Central London portfolios. This is an exciting opportunity to take on a senior leadership role in managing financial operations for high-profile properties.
Main Accountabilities:- Coordinate the billing of service charges, rents, voids, insurance charges, and credits to tenants/occupiers/clients.
- Manage the maintenance and update of property, lease, and occupier data in Property Management Systems.
- Oversee the production, reconciliation, and closure of year-end service charges following RICS guidelines.
- Support service charge budgeting and conduct annual service charge cash reconciliations.
- Prepare and submit financial reports, including VAT reports, cash flows, net operating income, and owner statements.
- Lead client accounting for all properties under management, ensuring alignment with asset management strategies and client objectives.
- Ensure compliance with statutory requirements, RICS, ISO standards, and company policies.
Key Requirements:
- Proven experience in client accounting.
- Proficiency in Property Management Systems, particularly TRAMPS.
- Strong Excel skills and experience with financial reporting.
- Demonstrated ability to manage clients directly, including chairing meetings and communicating effectively.
- Excellent written and verbal communication skills.
Estimated Salary: £70,000 - £90,000 per annum.
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