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Service Charge Accountant

Cobalt is thrilled to announce that we are supporting a prestigious property organisation with an exciting project on an exclusive basis. This leading real estate business manages a diverse portfolio of assets, from iconic retail spaces to unique residential properties all with a commitment to sustainability and community engagement.

Due to an expansion within the business, our client are seeking a Service Charge Accountant to join their team looking after a residential portfolio. This role is working 9am - 5pm, Monday to Friday and offers 2 days working from home. We are looking for Service Charge Accountants who are free from November.

Responsibilities -

  • Manage service charge operations for a designated portfolio of assets.

  • Build strong working relationships with asset, property, and facilities managers, as well as management accountants, ensuring alignment and integration of all aspects affecting service charge management.

  • Conduct comprehensive reviews of background information and system reports to thoroughly assess income and expense transactions for the relevant service charge period(s).

  • Handle adjustments, accruals, and prepayments within the property management system.

  • Submit accounts for audit and respond to audit inquiries.

  • Prepare draft balance sheets for review by auditors and management accountants.

Requirements -

  • Experience in a Service Charge Accountant or advisory role

  • Familiarity with both commercial and residential property types.

  • Proficient in using property management systems, preferably Horizon.

  • Highly knowledgeable in the RICS Service Charge Code and Professional Statement requirements, as well as relevant case law and legal precedents.

If you are a Service Charge Accountant available for a long term contract and have experience working for a real estate company previously and are free from November please apply today!