Leasehold Finance Officer - London, United Kingdom - iWork Recruitment Limited

iWork Recruitment Limited

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Contract to start until with a possible extension.

MAIN PURPOSE OF THE JOB:

To work as part of the Leasehold Finance Team responsible for; the calculation of service charges; major works; reserve fund; shared ownership rent and ground rent; the production of the estimated, interim and actual invoices; and, the billing of service charge and rent payers, including service of Section 20B notices.

To prepare and issue appropriate Section 20 notices for all schemes and services, including Qualifying Long Term Agreements.

To ensure the provision of a high quality customer services to the Client's residents.

To effectively maintain the service charge and major works database/module making accurate changes to customer accounts.

MAIN AREAS OF RESPONSIBILITY:

In collaboration with Leasehold Finance Colleagues calculate annual and major works service charges to produce estimated, interim and actual invoices which are accurate, reasonable, and in accordance with legislation and local procedures and policies.

To collate all financial records pertaining to communal and structural expenditure in relation to property service charges and major works, and be responsible for the high level of accuracy and maintenance of financial information provided for the calculation of service charges and major works.

To carry out necessary accountancy functions for the production of service charges, major works, reserve fund, ground rent and shared ownership rent.

To calculate and issue Section 20B notice to protect the financial position of the landlord.

To maintain and update electronic and manual records, including supporting documentation, in relation of annual and major works properties.

To provide clear and timely reports for investigations, as and when required, to leaseholders and/or representatives.

To record and report any errors or inaccuracies within the accounting processes and financial recording systems, and to implement any appropriate improvements to ensure an efficient service.

To liaise with appropriate clients departments, sections, regulatory bodies, auditors and partners to encourage good practice and effective service charge accounting.

To provide appropriate background information and to perform necessary calculations for all service charge and major works enquiries, including Section 125 offer notice information.

RQ

Salary:
£18.76 per hour

Schedule: