Assistant Service Charge Accountant required to support service charge accounting for MAPP. This involves billing, reconciliation, and compliance within a designated portfolio.
Responsibilities
This role is responsible for all aspects of supporting service charge accounting within a designated portfolio.
Requirements
Billing of Service Charges, Rents, Voids, Recharges, Credits, Insurance Charges to Tenants / Occupiers or Clients
Updating & Maintaining property, lease & occupier's data on Property Management Systems. Preparation of completion statements, rent review & interest calculations
Deal with the smooth onboarding and offboarding or handovers of any new or outgoing instructions to relevant external parties
Produce, reconcile, analyse, apportion and close year end service charges in accordance with RICS guidelines. Prepare service charge cash reconciliations on an annual basis, reporting & investigating any outstanding issues. Inputting and assisting the surveying team with service charge budgeting.
Produce, reconcile, analyse monthly client & tenant deposit bank accounts, addressing any outstanding positions & backlogs
Preparation and submission of Financial reporting, Owner Statements, VAT Reports, Cashflows, Net Operating Income and other reports as required by the client
Provide Client Accounting leadership regarding all properties and portfolios under management including supporting asset management strategies, funding positions and client objectives in accordance with the PMA and other guidelines.
Monitoring statutory and internal compliance, including meeting MAPP policies and procedures, RICS and ISO standards and any statutory timelines and escalation requirements
Benefits
1-2 years of experience of working in a similar role
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