Service Charge Accounting Manager

Service Charge Manager
London/City
£50-£60K
Plus bonus, pension, private health etc

The role: This role would be managing a small team of Accountants who are responsible for a large mixed use asset. The role would be best suited to someone with experience of service charge reconciliations, financial analysis of complex budgets and strong Excel skills.

Duties:

• Manage and supervise a team of ensuring that all team procedures are aligned in order to deliver the consistent service required.
• Be the point of contact for all financial matters regarding the service charge and other associated funds.
• Provide management reports, data and analysis to support the Client, for strategic and operational decisions.
• Ensure that all aspects of financial processes are completed in line with company policy, authority limits and controls:
• Review costs model agreeing back to budget
• Inputting service charge budgets onto accounting system
• Review, monitoring and approval of purchase orders
• Reconcile Supplier statement of accounts
• Monitor and reconcile insurance claims,
• Handle Cash Management and the escalation of funding issues
• Be responsible for the preparation of monthly and quarterly service charge budget vs actual report which are included within monthly management report.
• Completing journals, accruals & prepayments
• Carry out mid-year reviews
• Complete tenant recharges and reconciling these
• Be responsible for Reserve fund expenditure.
• Assist the Surveyors in preparing funding request
• Maintain and track Reserve fund expenditure
• Be responsible for the closure of service charge accounts.
• Reconcile the balancing year end charges/credits due
• Circulate demands and the supporting documents
• Be responsible for the Creation of statement of funds
• Carry out Balance Sheet reviews
• Handle the VAT reconciliation
• Liaising with auditors

Requirements:

• Strong service charge accounting experience
• Management or Team leading experience
• Strong Excel skills - Ideally VLookUps, SUM IFS
• Excellent written, verbal and interpersonal skills

Why should you work for this company?

• The chance to work for a leading consultancy on a world class asset
• Excellent career progression available
• Strong bonus potential

Interview process:

• Two stage process
• 1st stage on Teams/Zoom
• 2nd stage held face to face in the office

If you would like further information on this opportunity please apply online with your updated CV.
To learn more about Osborn Recruitment and our current vacancies please visit our website and follow us on LinkedIn