Job Summary
Macdonald & Company are delighted to be working with a highly reputable national consultancy who are seeking a detail-oriented and experienced Service Charge Accountant to join their dynamic team in Brighton. As a Service Charge Accountant, you will play a crucial role in assisting in the preparation and completion of service charge year end reporting on both commercial and residential portfolios. This position requires a strong understanding of financial reporting, meticulous attention to detail, and effective communication skills.Responsibilities:
- Expenditure Reporting:
- Produce detailed expenditure reports, ensuring accuracy and correction of posting errors.
- Communication and Query Resolution:
- Distribute detailed reports to relevant property managers in a timely manner.
- Address and resolve any queries raised by property managers regarding the reports.
- Collaborate with property managers to ensure accurate and comprehensive financial data.
- Audit Preparation and Support:
- Facilitate the distribution of reports to auditors as necessary.
- Collaborate with auditors to address any queries and provide necessary documentation.
- Ensure all audit-related activities are completed accurately and within established timelines.
- Prepayments and Accruals:
- Post prepayments and accruals accurately to reflect financial commitments.
- Maintain a systematic approach to tracking and recording prepayments and accruals.
- Year-End Monitoring:
- Continually monitor year-end financial status.
- Maintain accurate records of progress throughout the financial year.
- Auditor Queries:
- Respond promptly and comprehensively to any additional queries raised by auditors.
- Collaborate with relevant stakeholders to gather required information for audit purposes.
- Confirmation and Distribution:
- Distribute confirmed accounts to relevant property managers upon finalisation.
- Ensure timely and accurate communication of financial results.
- Finalisation of Accounts:
- Facilitate the finalisation of service charge accounts.
- Ensure a smooth turnover of financial periods, meeting all necessary deadlines.
- Essential Accounting Skills (Bookkeeping, including accruals, prepayments, and Bank)
- Proven experience in service charge accounting or a similar financial role.
- Strong understanding of financial reporting principles and practices.
- Excellent communication and interpersonal skills.
- Proficiency in relevant accounting software and Microsoft Excel.
