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Kennedy Pearce Consulting provided pay range
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About the roleOur client is a listed Real Estate business based in the heart of London with an ever-expanding footprint and a fantastic culture. Due to the continues growth, they require an energetic Service Charge Accountant to help the finance team on a 6 months FTC basis, with strong scope to become perm.
Key Responsibilities & Accountabilities- Act as the internal subject matter expert on service charge accounting across the portfolio
- Post monthly service charge forecasts in the property management system
- Post and monitor service charge capital projects run by estate management companies
- Prepare quarterly Budget vs Actual (BvA) reports and liaise with managing agents to resolve queries
- Support preparation and review of annual service charge reconciliations, including P&L and balance sheet, ensuring year-end balances reconcile to the final managing agent position
- Ensure appropriate treatment of service charge surpluses and deficits in line with leases and accounting standards
- Understand the impact of service charge activity on both the P&L and balance sheet, including accruals and prepayments
- Strong experience in service charge accounting (preferably residential or mixed-use)
- Solid understanding of accounting treatment of service charge transactions across both P&L and balance sheet
- Experience preparing statutory accounts for management companies
- Associate
- Contract
- Accounting/Auditing
- Real Estate and Equipment Rental Services and Real Estate
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