Service Charge Accountant (12 Month FTC) Service Charge Accountant (12 Month FTC)

The Crown Estate, St James, City of Westminster

Service Charge Accountant (12 Month FTC) Service Charge Accountant (12 Month FTC)

Salary Not Specified

The Crown Estate, St James, City of Westminster

  • Full time
  • Temporary
  • Remote working

Posted today, 25 Oct | Get your application in now to be one of the first to apply.

Closing date: Closing date not specified

job Ref: 784f175963ba4c38b3d11df08998c95b

Full Job Description

We are seeking a skilled Service Charge Accountant to manage the service charge accounts for an allocated portfolio of our esteemed assets. This role is crucial in ensuring the accuracy and efficiency of our service charge management processes. This is a 12-month fixed-term contract (FTC) position.,

  • Manage service charge accounts for an assigned portfolio, ensuring all related activities are accurately and efficiently executed.
  • Establish and maintain close working relationships with asset managers, property managers, facilities managers, and management accountants to integrate all aspects impacting service charge management.
  • Participate in budgeting and reconciliation processes, producing templates and backup data as needed.
  • Own and manage capping calculation and apportionment models, keeping them updated with occupancy and building changes.
  • Conduct regular reviews of expenditure to ensure accurate postings to cost headings and schedules, including full 6-monthly interim reconciliations.
  • Monitor and report on accuracy to enhance business processes.
  • Undertake service charge fund reconciliations and support period-end routines.
  • Advise management accountants and property managers on the necessity of floats or interim budgets.
  • Manage the expense apportionment for electricity and insurance recharges, ensuring risk monitoring and task completion by colleagues and service partners.
  • Provide performance reports and insights for your portfolio to aid property management strategy and overall governance.
  • Participate in managing non-recoverable revenue budgets, including expense management and reporting.
  • Assist in reviewing and optimizing operational efficiency and accuracy.
  • Review and advise on lease and capping provisions as required, including cap calculations during lease negotiations.
  • Set up and administer sinking and reserve funds as necessary., We value that you get more time with your family and friends. Therefore, we offer everybody 28 days paid holiday, 2 volunteering days and the option to purchase further holiday.
  • Flexible working
  • We value work-life balance highly, therefore we have flexible & hybrid working policies.
  • Market leading family friendly policies
  • We want the support we offer to be inclusive of everyone, reflective of the wide range of situations people face in life.Workplace, Culture & Diversity It's our ambition to be an inclusive organisation that reflects our society, one where all feel welcome, able to be themselves and belong. A workplace where you're empowered to be yourself, diverse thinking is encouraged, and a place where you can realise your potential. Finance · The Crown Estate, 1 St James Market · Hybrid Remote

  • Minimum of 2 years' experience in service charge accountancy or an advisory position.
  • Experience with commercial and residential property types.
  • Preferable knowledge of MRI Horizon property management databases or equivalent.
  • Desirable experience with reconciliation tools such as Blackline.
  • Well-versed in the RICS Service Charge Code & Professional Statement requirements, case law, and precedent.
  • Proven experience in managing and implementing best practice processes, procedures, and reporting frameworks.
  • Demonstrable history of providing service charge analytics and reporting.
  • Ability to manage multiple projects simultaneously, tracking and reporting progress.
  • Exceptional attention to detail and accuracy.
  • Strong understanding of the links between data fields, reporting, and financial outputs.
  • Willingness to participate in the ongoing development of best practices and process efficiencies.
  • Competent in reading and comprehending lease provisions for services, providing reasoned recommendations to surveyors., If you are a dedicated and experienced service charge accountant looking to make a significant impact within a prestigious organization, we would love to hear from you

    The Crown Estate is a unique business with a diverse portfolio that stretches across the country. Our work touches millions of lives, and we are committed to delivering sustainable, long-term returns, working in partnership to create brilliant places through conscious commercialism.

    At The Crown Estate, we believe in creating an environment where everyone can thrive. We offer a competitive salary, comprehensive benefits, and opportunities for professional growth. Join us and be a part of a team that values sustainability, innovation, and excellence.