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    Service Charge Accountant - London, United Kingdom - MAPP

    MAPP
    MAPP London, United Kingdom

    6 days ago

    Default job background
    Full time
    Description
    MAPP is the UK's leading specialist in commercial property and asset management, with over £30bn+ of property under management for a variety of UK and overseas Fund Managers, REITs and other property owners.
    MAPP believes that property management can be a force for good. That's why we make buildings work, not just for profit, but for people and the planet too. MAPP has created V1.0, V2.0, V3.0 and V4.0 versions of Property Management, to help clients and occupiers navigate the new landscape, and to ensure we deliver a fully integrated and holistic approach.
    Let's be honest, most job descriptions read like a recipe without a clear picture of what the final product looks like; so you see a list of ingredients without the image of what it looks like. We want to give you a picture of who we are and the role we are looking to fill and if this sounds exciting and you would like to join us; do apply.
    So much of the world of work is about values and culture. We want to work with people who are awesome, in an organisation that makes a difference, do a job that adds value and be rewarded for all our effort and hard work. At MAPP, we work towards making this all happen and to be a great place to work.
    We are a values driven organisation, you can see that because of our decision to become a B Corp (and the largest real estate consultancy in the UK to do so). We want you to learn and grow, to challenge yourself and be the best you can be. As an organisation, we are growing and have done so for the last 5 years. We promote on average about 10% of our office based roles in a year. We have fun together with events and opportunities to connect, grow and learn with study days as well as giving back to our communities with charity days and fundraising events.
    This role gives you the opportunity to be a part of all of this and we would love you to apply. We know that some individuals don't apply for a role unless they feel that they fit 100% or cover everything. If you would like to work with us and feel that you can do much that this role requires, even if you are not quite 100% there, please give it a go and apply. We are always on the lookout for great character, that is what makes us MAPP people, and if that is you, we would love to meet you

    Title, Team and Role Summary

    Title : Service Charge Accountant

    Team : Client Accounting

    Who Does This Role Report Into? AD - Head of Service Charge

    Role Summary / Purpose and Scope
    Our property accounting team works closely with our clients to ensure we provide a market leading accounting service. The team is responsible for the management of property and lease data, best-practice service charge account management, and the provision of accurate and timely financial reporting, all combining to provide a day to day property accounting service that is a seamless extension of our clients' own accounting teams.
    Working in conjunction with the surveying, site teams and central accounts the property accountants work diligently to ensure all financials and processes are managed efficiently and effectively across all aspects of the instruction.

    Skills, Knowledge and Values

    Skills (People & Technical)
    • Preparation, reconciliation & recharging of annual service charge accounts within agreed timescales and in accordance with the RICS code.
    • Monthly review and analysis of expenditure incurred, recommendations and meetings with site team & posting of prepayments and accruals at the service charge year end.
    • Liaison with external auditors & posting identified audit findings.
    • Liaison with property management colleagues, acting on and providing information as required.
    • Identification of committed expenditure to include in variance report analysis.
    • Review of service charge set up & ongoing service charge system maintenance for all designated properties, at property and occupier level, including apportionments, caps, landlord liabilities & scheduling.
    • Service charge budgets updates to the PM system & ensuring occupier/landlord on accounts amended accordingly.
    • Service charge cash reconciliation production up to trial balance & identification of funding issues.
    • Direct recoverable reconciliations including utility recharge journal postings..
    • Dealing with property transitions/handovers.
    • Be familiar with RICS regulations, VAT & NRL requirements, and the procedures manual.
    • Be familiar with assigned properties, client requirements, and general administrative processes for the portfolio.
    • Undertaking ad hoc duties as required.

    Values & Behaviour
    • Exhibition of MAPP Values : Avoid Ambiguity, Appreciative, Adventurous, Authentic and Accountable
    • Self Management including showing initiative, being proactive and meeting deadlines
    • Embracing Change including Technology
    • Engaging with the Big Picture
    • Great service delivery including working in partnership with internal and external individuals and good communicating in written and verbally
    • Achieving Results and Prioritise Work including attention to delivery to all stakeholders
    • Innovative Solutions and Problem Solving
    • Developing Self and Others and willing to Learn
    • Interpersonal and Relationship skills capable of communicating at various levels including meetings with occupiers, client, supplier and wider stakeholders.
    • Strong written and verbal communications including report writing

    Experience and Salary

    Level of Experience / Certifications:
    • Service charge accounting experience in a commercial environment.
    • Experience working with TRAMPS property management system would be preferred but not essential.
    • Knowledge of how to close year ends and demand balancing service charges
    • Ability to reconcile service charges and prepare service charge cash reconciliations preferred
    • Strong written and verbal communications and interpersonal skills
    • Understanding of general VAT accounting laws and requirements
    • Understanding of the application of VAT in commercial property
    Working Hours: 9.00am-5.30pm Mon-Thurs, 9.00am-5.00pm Friday

    Salary Range (Based on Experience)
    £37,000 - £45,000     per annum, depending on experience. We believe property management can be a force for good. That's why we make buildings work, not just for profit, but for people and the planet too.
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