Property Accounts Assistant
Location
Dudley, West Midlands | United Kingdom
Job description
Property Accounts Assistant
A fantastic opportunity with one of the leading property investment and property management organisations in the UK is currently recruiting for 2 Property Accounts Assistants to their headquarters in the Midlands.
As a Property Accountants Assistant, you need to be commercially aware and able to challenge costs at all levels within the business and will be responsible for a mixed portfolio of properties, including Industrial, Retail and Residential sites.
Key Responsibilities:
Managing the service charge:
- Collating service charge budgets, working with the Asset and Property Managers to agree costs and reporting to tenants within the RICS guideline timetable.
- Responsible for monitoring service charge recovery and explaining shortfalls.
- Producing Actual v Budget comparisons and working with Asset and Property Managers to ensure expenditure is kept in line with budget.
- Attend site meetings to advise on financials for the relevant properties.
- Liaising with Asset and Property Managers to respond to tenant queries.
- Service charge year end reconciliations – responsible for ensuring compliance with RICS guidelines
- (service charges reconciled within 4 months of the year end), liaising with auditors where appropriate, dealing with tenant queries in an appropriate timeframe.
- Managing Sinking Fund.
Monthly Management Accounts:
- Reviewing income and expenditure.
- Posting property prepayments and accruals and review of the purchase invoice register to ensure complete and accurate recording.
Person Specification:
- Ability to understand and interpret lease provisions to ensure appropriate recovery of costs.
- Excellent communication skills, with the ability to interact at all levels of the business and externally.
- Resilient, with the ability to meet tight deadlines and cope with multiple & varied tasks.
- Innovative, with a desire to identify improvements.
- Willingness to learn and demonstrate a flexible approach to working.
- Ideally have some property industry experience preferably in an accounting role.
- Good system skills including advanced excel.
Qualifications / Training:
- GCSE Grade C or above in English and Math (or equivalent).
- AAT Level 3 or equivalent (desirable)
- We encourage self-development through professional accountancy qualifications and study support will be available for the right candidate.
Apply now
Job tags
Salary