Service Charge Accountant

Job Summary: We are seeking a detail-oriented and experienced Service Charge Accountant to join our team. The successful candidate will be responsible for preparing, managing and reconciling service charge accounts for residential and commercial property portfolios. This role requires a strong understanding of service charge budgeting, financial reporting and compliance with relevant regulations. Key Responsibilities: Financial Management and Reporting: Prepare and maintain financial records for residential and commercial block management portfolios. Produce monthly, quarterly and annual financial reports, including profit and loss statements, balance sheets and cash flow reports. Assist in budgeting and forecasting. Monitor and reconcile bank accounts related to service charge accounts. Service Charge Accounting: Prepare and issue service charge budgets and year-end reconciliations in accordance with RICS (Royal Institution of Chartered Surveyors) guidelines. Ensure timely collection of service charges, ground rents, and other client-related income. Allocate service charge expenses accurately and in compliance with lease agreements. Liaise with external auditors to facilitate smooth service charge audits. Accounts Payable and Receivable: Process supplier invoices and ensure timely payments to contractors and service providers. Manage arrears collections Ensure all financial transactions are recorded accurately and in a timely manner. Regulatory ..... full job details .....