Property Accountant
£50000 - £60000 per annum
Contact No
0203 837 9008
Expiry Date
04 Jul 2024
Job Reference
Job Posted
17 days ago

Property Accountant (PQ)

£50,000 - £60,000 per annum (depending on relevant experience)

Hybrid role - 4 days per week

London based

Previous property experience is essential

Full time, permanent role

Cedar have partnered with a well-known PE-backed property business who are in search of a talented part qualified Property Accountant with solid service charge experience to join their thriving team.

The successful candidate must have previous property experience and be studying towards ACCA/CIMA/ACA.

Key Responsibilities:

  • Service charge Maintenance: Assist with the upkeep of complex service charge estates, including NIA & density calculations.
  • Budget Preparation: Prepare service charge budgets and calculate service charges for tenants.
  • Expenditure Review: Review service charge expenditure, investigate variances against the budget, and request forecasting adjustments as needed. Present service charge data at budget meetings with budget holders.
  • Year-End Reconciliation: Administer the year-end reconciliation process.
  • Communication: Effectively communicate with Estate/Building Managers and head office staff to ensure the timely delivery of monthly reports to Directors and external clients.
  • Estate Expansion Management: Proactively manage the rapid expansion of the estate and associated Yardi configuration set up.
  • System Development: Assist with system development and process automation of estate service charges.
  • Account Reconciliation: Review Tenant Recovery & Landlord Recovery accounts and perform monthly reconciliations.
  • Liaison with Accounts Teams: Collaborate with Management Accounts and Financial Accounts on group reporting, financial statements, and external audits.
  • Quarterly Reconciliation: Conduct quarterly reconciliation of balance sheet accounts and assist the Financial Controller in presenting financial results to Group Finance on a quarterly basis.

Qualifications and Skills:

  • Proven experience in property accounting, particularly in managing service charges.
  • Studying towards ACA, ACCA, CIMA, or equivalent qualification is desirable.
  • Strong understanding of NIA & density calculations.
  • Excellent budget preparation and expenditure review skills.
  • Proficiency in Yardi or similar property management software.
  • Strong communication skills, with the ability to liaise effectively with various stakeholders.
  • Detail-oriented with strong analytical and problem-solving abilities.
  • Ability to work independently and as part of a team

Please note that only shortlisted candidates will be contacted.

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Business Manager - PQ Finance - Accountancy & Finance
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