Property Accountant - Kingswinford, United Kingdom - Concept Technical Resources

Concept Technical Resources

Verified Company

Kingswinford, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Purpose

The Property Accountant needs to be commercially aware and able to challenge costs at all levels within the business and will be responsible for a mixed portfolio of properties, including Industrial, Retail and Residential sites.

Key Responsibilities

Managing the service charge:

Collating service charge budgets, working with the Asset Managers to agree costs and reporting to tenants within the RICS guideline timetable.
Responsible for monitoring service charge recovery and explaining shortfalls.
Producing Actual v Budget comparisons and working with Asset Managers to ensure expenditure is kept in line with budget.
Attend site meetings to advise on financials for the relevant properties.
Liaising with Asset Managers to respond to tenant queries.
Service charge year end reconciliations responsible for ensuring compliance with RICS guidelines (service charges reconciled within 4 months of the year end), liaising with auditors where appropriate, dealing with tenant queries in an appropriate timeframe.
Managing Sinking Fund

Monthly Management Accounts:

Reviewing income and expenditure.
Posting property prepayments and accruals and review of the purchase invoice register to ensure complete and accurate recording.

Other Duties:

Identify opportunities to improve cost management across the portfolio.
Liaising with Asset Managers and Credit Control regarding collections performance.
Work with finance and Business Managers to develop specialisms.

Person Specification

Ability to understand and interpret lease provisions to ensure appropriate recovery of costs.
Excellent communication skills, with the ability to interact at all levels of the business and externally.
Resilient, with the ability to meet tight deadlines and cope with multiple & varied tasks.
Innovative, with a desire to identify improvements.
Willingness to learn and demonstrate a flexible approach to working.
Ideally have some property industry experience preferably in an accounting role.
Good system skills including advanced excel.

Qualifications / Training