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Service Charge Accountant

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Service Charge Accountant Salary: £32,000 Location: Birmingham Keywords: Service Charge, Team Leader, Cost Management, Invoice Approval, Budgeting, Reporting

Our client is seeking a Service Charge Accountant to join their dynamic team in Birmingham. This role offers an exciting opportunity to lead a dedicated cost management team, overseeing invoice approvals, service charge budgeting, and reporting. The successful candidate will be the main point of escalation for clients and will work closely with property managers and the wider estates team. This role provides a unique chance to utilise your leadership skills in a supportive and collaborative environment.

  • Lead a dedicated cost management team
  • Oversee invoice approvals, service charge budgeting, and reporting
  • Main point of escalation for clients

What you'll do:

As a Service Charge Accountant, you will play a pivotal role in managing the financial aspects of our client's operations. Your day-to-day responsibilities will include approving invoices, challenging budget increases, signing off on high-level service charge budgets, and creating monthly reports. You will also manage cost team mailboxes, support property managers, complete quarterly KPIs, and liaise with various teams to ensure smooth running of accounts. Your leadership skills will be crucial in holding regular meetings with your team members and property managers to resolve any issues.

  • Approve invoices daily ensuring they are loaded to the ERP system for weekly payment runs
  • Challenge any budget increases over 10% and any ad hoc service charge requests outside of budgets
  • Sign off on high-level service charge budgets after thorough checking of all budget and apportionment information
  • Refer high-level service charge challenges to property managers for final approval and sign off
  • Update the service charge master spreadsheet and create monthly reports from budget approvals
  • Manage cost team mailboxes as the main point of escalation for clients
  • Support property managers and the wider estates team by providing necessary information/documents
  • Complete quarterly KPIs for ad hoc invoice processing times and send them to the client accounting team

What you bring:

The ideal Service Charge Accountant will bring a wealth of experience in leading a service charge or similar team. You will have strong knowledge of invoice approval processes and service charge budgeting. Your ability to challenge budget increases and handle ad hoc service charge requests effectively will be crucial in this role. Additionally, your excellent communication skills will enable you to liaise effectively with various teams and clients. Your commitment to providing training and assistance to junior team members will be highly valued.

  • Proven experience in leading a cost management or similar team
  • Strong knowledge of invoice approval processes and service charge budgeting
  • Ability to challenge budget increases and handle ad hoc service charge requests effectively
  • Experience in creating detailed financial reports
  • Excellent communication skills to liaise with various teams and clients
  • Ability to provide training and assistance to junior team members

What sets this company apart:

Our client is renowned for its supportive work environment that fosters collaboration and growth. They are committed to providing their employees with opportunities for professional development and career progression. Their inclusive culture encourages team members to share ideas and contribute to the company's success. This is a fantastic opportunity to join a company that values its employees and offers a rewarding work experience.

What's next:

Ready to take the next step in your career? Apply now for this exciting Service Charge Accountant role!

This role is managed by Walters People entity which is a temporary recruitment agency.

Contract Type: FULL_TIME

Specialism: Accountancy & Finance

Focus: Accountant

Industry: Accountancy

Salary: Up to £32,000 per annum

Workplace Type: Hybrid

Experience Level: Associate

Location: Birmingham

Job Reference: 75NIGO-EF4E137F

Date posted: 27 November 2024

Consultant: Craig Wiggins

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