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Commercial Property Senior Service Charge Manager

Pearl & Coutts
Job LocationLondon
EducationNot Mentioned
Salary£45,000 - £55,000 per annum, negotiable
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent, full-time

Job Description

The Structadene Group is an established, friendly and successful private London based property investment and development company, owning and managing a substantial commercial and residential portfolio - in excess of 1200 commercial properties - with a presence in central London and selected regions throughout the UK.This unique and exciting opportunity, heads up a team of Service Charge Accountants, working within the Commercial Property Management Department.The main duties include - these duties are not exhaustive:-Preparation and Authorisation (work prepared by members of the team) of all service charge matters on a large mixed use portfolio (Commercial and long leasehold residential).

  • In conjunction with the Property Managers, prepare year end reconciliations, service charge budgets, vacations, sales, take on properties, utility recharging etc.
  • Providing service charge information and budgets to the asset managers, landlord and tenant team and Commercial Lettings departments when required.
    • Managing Service Charge Team
  • This includes training, performance appraisals, performance issues when they arise, responsibility for all service charge work and department deadlines, allocation of work, team meetings etc.
  • Allocating each service charge accountant their own portfolio increasing accountability and performance.
    • Complex Queries and Legal Matters
  • Checking and approving service charge clauses in new and renewal leases.
  • Dealing with all complex and legal service charge disputes that have escalated from the service charge accountant to manager.
  • Assisting in the recovery of service charge debt that has arisen as a result of a tenant query.
    • Property Management System [Horizon].
  • Responsible for continuous improvement to maximise use of the system to improve efficiency and accuracy.
  • Full use of system to fully reconcile the year end service charge accounts.
  • Continuous monitoring of the company Dashboard, with regards to service charge related items and updating the system, when required.
    • Preparing Cash Flow Forecasts for Major Service Charge Projects including full communication with the tenants including meetings
  • Full Analysis of major work projects including forecasting the recoverable amount for the Landlord taking into account the occupational lease agreements.
    • Preparing service charge
  • information relevant for bank re-financing
    • Preparing service charge accounts and budgets using MRI Qube Horizon.
  • Accounts to be fully reconciled using the system, rather than predominantly, manually on excel.
    • Key Competencies include:-Excellent Knowledge of Service Charges -
  • Preparation of year end accounts, budgets, vacation accounts, tenant queries, leases.
  • Thorough understanding of RICS commercial service charge code and legislation around long leaseholders (Landlord & Tenant Act)
  • General overview of systems.
  • Extensive experience using the Expense Recovery section.
  • Able to lead and manage a small team.
    • Required skills
  • ACCA
  • Accountancy
  • CIMA
  • Property
  • Team Leadership

    • Keyskills :
    ACCA Accountancy CIMA Property Team Leadership

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