Rent and Service Charge Specialist

3 weeks ago


Evesham, Worcestershire, United Kingdom Cy Resourcing Full time

Cy Resourcing has partnered with a respected public sector organization to recruit a skilled Rent and Service Charge Accountant on a permanent basis. The ideal candidate will be an experienced accountant looking to take their career to the next level in a dynamic and supportive environment.

About the Role
  • We require an individual with strong analytical skills to calculate the annual rent uplift in line with the Rent Standard, ensuring thorough checks and ongoing updates to the Association's Rent Model.
  • The successful candidate will guarantee accurate rent calculations by the Finance Team and other officers, maintaining compliance for new developments and relets.
  • Determine annual service charges according to policies, ensuring adherence to the Landlord and Safety Act, and prepare service charge accounts for audit along with reconciliations for variable service charges in new developments.
  • Conduct annual reconciliations of service charge actuals against budgets, providing detailed variance analyses.
  • Prepare an annual report for the Executive Team outlining proposed service charges.
  • Manage the preparation of variable service charge accounts and address external auditors' inquiries regarding these accounts.
  • Act as a liaison with internal and external stakeholders on rent and service charge issues, resolving queries and attending necessary stakeholder meetings.
  • Complete regulatory submissions to the Social Housing Regulator and generate monthly stock reports.
Responsibilities and Requirements
  • Collaborate with the Financial Business Partner for Operations & Resources to prepare monthly revenue management accounts within 10 days of month-end, including variance analysis and forecasts for the Executive Team and Board.
  • Support effective budgetary control through monthly monitoring and variance analysis of the Operations and Resources budgets, engaging with budget holders to assess financial performance and provide necessary training.
  • Maintain and periodically review cost centre and budget holder information in the accounting system, ensuring accessibility for budget holders.
  • Assist in developing annual budgets for the Operations and Resources directorate within established deadlines set by the Financial Analysis Manager, providing relevant insights.

The salary for this role is approximately £40,000 - £55,000 per annum, depending on experience.

This is a unique opportunity to advance your career in rent and service charge accounting, budgeting, and financial reporting. We welcome applications from qualified accountants who are passionate about delivering high-quality results.



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