Vacancy Title
Senior Property Accountant
Business Unit, Department & Location
PMA
Birmingham
Details

Overall Purpose of Job

 

  • This role reports directly into the Finance Manager in PMA and requires solid all round property accounting knowledge.
  • You will be required to have a comprehensive understanding of the property life cycle from mobilisation through to off boarding, including interpretation of completion statements, accounting for property sales and transfers to new managing agents.
  • You will be required to deputise for the Finance Manager during periods of absence. This will require you to oversee training, approval of finance reports to clients and staff management.
  • Extensive experience of all aspects of service charge accounting is necessary. You will take immediate responsibility for a portfolio of clients and have full ownership for the database maintenance of all property/tenant details,
  • Experience in accounting for separate client types is also required including, investor, off shore, NRL, industrial, retail, residential, estate and management companies.
  • You should also have a strong understanding of RICS Members Accounts Regulations for all aspects of handling client monies and be commercially minded.

 

Main Duties, Responsibilities & Accountabilities

 

  • To ensure delivery of client financial reporting in accordance with agreed SLA.
  • To discuss and present financial information to clients and to propose and develop alternative reporting options if required.
  • To generate and reconcile VAT reports in accordance with agreed SLA and ensure settlement of VAT.
  • To ensure that all Rental/Insurance receipts are transferred to clients in accordance with required SLA and/or DOC agreements.
  • To ensure that delivery is within the agreed scope of works as documented within the management agreement and that any deviation to this is escalated to the Finance Manager.
  • To attend and participate in regular meetings with clients both on/off site.
  • To deputise for the Finance Manager during periods of absence.
  • To attend/run weekly team meetings.
  • To manage your own portfolio of clients and support and oversee the delivery to all clients within the team.
  • To manage and close all service charge year ends in accordance with the 4 month RICS guidelines.
  • To ensure handovers are completed within the required 4 month guideline, unless otherwise specified.
  • To ensure that all lease accounting information is accurate and maintained.
  • To ensure that all income is demanded in advance of due date.
  • To manage service charge, non recoverable and direct recoverable cash flow and to support other team members with this task.
  • To deliver training when required and to ensure that changes to the RICS code in terms of service charge and the handling of client monies is communicated to the team.
  • Responsibility for budget monitoring of own portfolio and that of the team and report exceptions.
  • Carry out quarterly reviews of the Service Charge accounts with surveyor/facilities manager on your own and team member’s accounts.
  • Responsibility of accurate recovery of ad-hoc/one-off lease recharges
  • Liaise with utilities team on all issues they may have with the portfolio.
  • Ensure timely recovery of utility charges and associated reconciliation of the utility recharge account.
  • To ensure that all work within the team is carried out in accordance with the departmental procedures and that those procedures are maintained and reviewed annually by the team.
  • Liaise with credit control/supervisor to enable recovery of all charges.
  • Liaise with accounts payable on all issues they may have with the portfolio.
  • Review of all bank account reconciliations for the portfolio and ensuring that the reconciling items are dealt with correctly on a monthly basis.
  • Liaise with cashiers on all issues they may have with the portfolio.
  • Assist PMA Helpdesk with all queries they need resolving in a timely manner.
  • Responsibility for weekly/monthly updates to departmental control and compliance reports for the portfolio.
  • Have a proactive approach to risk management.

 

The above list summarises main responsibilities to be carried out in the role but is not exhaustive. You may be asked to carry out additional activities.

 

Desired Knowledge, Skills and Experience

 

  • Accounting skill / ability within a property accounting environment.
  • Personality to mix and work with a busy team in an accounting department of 100 plus.
  • Ability to communicate and deliver a quality service and to quickly pick up the QA procedures and work under the pressure of high volume and tight deadlines.

GVA are an equal opportunities employer.
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