Accountant
Permanent,Full-time
Job Description
- Responsible for assisting in the preparation of annual budgets and monthly reporting.
- Accountants are responsible for billing service charge, utility recharges, the timely completion of service charge reconciliations and providing relevant information for completion statements.
- Each accountant has full ownership of several properties.
- They will work closely with operations teams to accurately account for the property and this will require periodic visits to the assigned properties.
- The individual will be the first point of contact for service charge and/or managed operations related issues for properties in their responsibility.
- Working with operations teams, assist in preparation of the annual service charge budgets, managed operations budgets (costs and income) and the service charge budget booklets.
- Complete the month-end for properties, working with operations teams to accurately account for all costs and income.
- This includes prepayments and accruals review, cost and income analysis and reviewing performance versus budget.
- Prepare and issue variance reports to key business partners and senior management. Answer queries on month end/period-end as appropriate.
- Ensure costs are correctly apportioned between recoverable service charge and non-recoverable managed operations where appropriate.
- A regular review of cash suspense in respect of managed operations, clearing items in a timely manner and assisting with reconciliations recording income received against site specific records.
- Ensure key controls including managed operations cash reconciliations are completed in a timely manner.
- Accurate billing of the service charge, demised utilities and other recoverable costs in a timely manner.
- Ensure internal and external queries are addressed and resolved promptly, attending meetings where necessary.
- Understand key balance sheet accounts for each property and provide analysis in respect of the closing balances and year to date movements.
- Accounting for asset sales and acquisitions, as and when required.
- Involvement in other property accounting work and projects as appropriate.
- Routine monthly accruals and processes
- Allocating cash received via bank to relevant managed operations properties
- Improving day-to-day processes and controls for properties
Required Knowledge, Skills, and Abilities
- Experience of business partnering
- Understanding of managed operations, in particular car parks
- Qualified or part-qualified accountant
- Experience of accounting for large volume of transactions
- Service charge accounting experience
- Strong Excel skills
- Ability to build relationships across the business
- Highly motivated, proactive and ability to use own initiative
- Good interpersonal skills
- Working under pressure and to tight deadlines
- Ability to work as part of a team
- Problem solving
Reference no: 104960