Property Accountant

1 week ago


City Of London, United Kingdom Cobalt Consulting (UK) Ltd Full time

Overview Property Accountant - 12 month FTC – West End Cobalt are working with a highly prestigious and well respected commercial real estate developer who are on the hunt for an experienced Property Accountant to join an accounts team of over 15 people. Main focus: liaising with the site team and surveyors to oversee the financial control of a portfolio of commercial properties such as retailers, retail parks and industrial developments across the UK and reporting directly to the Financial Controller. Responsibilities Management of all financial matters affecting the properties. Produce month end management accounts, including VAT, bank and control account reconciliations. All balances understood monthly, specifically the rent, service charge and direct recovery funds Cashflow management for each property to ensure suppliers can be paid. Service charge compliance review Raise income demands in accordance with internal timetables. Actively seek improvements to the procedures within the department. Issues resolved or escalated on a timely basis Provide ad hoc reports and help set up new sites as required Work with the property accounting team and wider finance team, to achieve departmental targets and deadlines Prepare quarterly accounts for the management companies and reconcile any differences. Liaise with the accounts payable team and the property accountant's team to resolve any outstanding service charge void invoices. Produce the year end accounts and manage the service charge review process to ensure service charge packs are issued on time. Support the site teams and surveyors providing financial guidance including quarterly service charge reviews, mid-year forecasts and ad- hoc queries. Provide financial support to new initiatives and commercial projects Assist with the production of the annual service charge budgets in accordance with RICS guidelines. Assist with any occupier queries. Support with ad-hoc reports as required. Requirements Property accounting experience both within rent and service charge Ability to communicate confidently with accountants and non-accountants. Comfortable taking on responsibility, whilst being effective working collaboratively. Quick learner, process improvement mindset, with strong problem-solving skills. Excellent IT skills- excel and word and ideally Qube or similar systems Benefits 25 days holiday plus shutdown between Christmas and New Year Private Medical Insurance Pension Contribution Employee Assistance Programme #J-18808-Ljbffr


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