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Assistant Financial Accountant

Location: Watford, Hertfordshire
Salary: £30000.00 - £35000.00 per annum
Job Realm: Finance
Industry: Property and Housing
Type: Permanent
Job Description:

Assistant Financial Accountant

Based in Watford, Hertfordshire, our client is an ambitious property management company that has grown rapidly in recent years and is now looking for a Assistant Financial Accountant to join their team on a permanent basis.

This role would suit an experienced and confident accountant, to be responsible for delivering a finance function in respect of service charges and all client money handing in accordance with regulations.

This company believes in a modern way of working, providing a simple, yet effective service to its clients. The business prides themselves in hiring the very best in order to maintain their reputation and ensure the best for their employees and their customers.

The successful individual will have strong experience in a month end capacity and knowledge of accounting and management of service charges along with an excellent understanding of legislation, policy and best practice. The right candidate will ensure that all client accounting functions including income and expenditure are processed in a timely manner and do not breach RICS codes of practice. Excellent bank account reconciliations experience is also beneficial.

Duties will include:

  • Manage transfers of funds between corporate and client bank accounts as necessary.
  • Produce monthly arrears /creditors reports
  • Ensure all service charge demands, budgets, payments, reconciliations, accrual, and prepayments, are processed in accordance with best practice/lease. Entering service charge budgets into the system.
  • Prepare service charge monthly/quarterly variance analysis, highlighting the reasons behind all material variances to budget, forecast and prior year.
  • Production of annual service charge statements, ensuring that the results are accurate, timely and correctly reflect the prevailing accounting standards and RICS code of practice.
  • Ensure all documentation is issued accurately including (but not limited to) budgets, cyclical demands, client reporting etc.
  • Ensuring that all monies received and expended on behalf of company clients are accounted for correctly in accordance with RICS regulations and current Government legislation
  • Develop relationships with the key stakeholders both external and internal
  • Support the running of month end reports processing any accruals/prepayments if required
  • Updating and maintaining the property management accounting systems and other databases
  • Liaising with leaseholders and clients where necessary.

This is a great opportunity to join an exciting business at a time of growth.

For more information about this role or any other Assistant Financial Accountant jobs in Watford, Hertfordshire, please contact me in confidence or visit our website

Every application will receive a response as this is the recognised working practice at MRK Associates.

MRK Associates – AGY

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