Financial Management & Reporting:
- Prepare and maintain financial records for residential and commercial block management portfolios.
- Produce monthly quarterly and annual financial reports including profit and loss statements balance sheets and cash flow reports.
- Assist in budgeting and forecasting.
- Monitor and reconcile bank accounts related to service charge accounts.
Service Charge Accounting:
- Prepare and issue service charge budgets and year-end reconciliations in accordance with RICS (Royal Institution of Chartered Surveyors) guidelines.
- Ensure timely collection of service charges ground rents and other client-related income.
- Allocate service charge expenses accurately and in compliance with lease agreements.
- Liaise with external auditors to facilitate smooth service charge audits.
Accounts Payable & Receivable:
- Process supplier invoices and ensure timely payments to contractors and service providers.
- Manage arrears collections
- Ensure all financial transactions are recorded accurately and in a timely manner.
Regulatory Compliance & Best Practices:
- Ensure compliance with accounting standards RICS Service Charge Code ARMA guidelines and other industry regulations.
- Maintain knowledge of property management regulations and update internal financial processes accordingly.
ACCA Qualified/ CIMA Qualified/ ACA Qualified/ CTA Qualified