Property Accountant Permanent NEW

Property Accountant | Super-Prime London Residential Developer | Mayfair

A leading international developer of super-prime residential property is looking for a Property Accountant to take ownership of the finances of its completed London buildings. These are some of the most prestigious addresses in the capital. You will make sure the buildings run to the standard residents expect, backed by robust, compliant financial management.

The role

• Set the annual service charge budget with the Property Manager and on-site building manager, covering staffing, concierge, M&E, insurance, utilities, cleaning and sinking fund contributions
• Issue service charge demands correctly, manage collection and arrears, and produce year-end accounts to RICS and leasehold legislation standards
• Maintain the sinking fund as a separate reserve and manage s.20 consultation on major works
• Support the on-site team with the supplier lifecycle, onboarding, POs, three-way match and payment runs
• Manage building services contracts, the vendor register and monthly building P&L reporting against budget
• Support compliance with the Building Safety Act 2022, including financial records for higher-risk buildings and insurance claims
• Deliver month-end journals, service charge bank reconciliations and a monthly finance pack for the CFO

About you

• ACA, ACCA or CIMA qualified (or part-qualified with strong relevant experience)
• 5+ years’ finance experience in UK residential property management, block management, or a residential developer with a managed portfolio
• Familiarity with service charge accounting best practice
• SAP or similar ERP experience; property management software (Qube, MRI, Yardi) is an advantage
• Organised, collaborative and commercially aware, with an understanding that financial decisions shape the resident experience in a super-prime building