Service Charge Accountant

Salary
Competitive
Location
---ENGLAND---, United Kingdom
Type
Permanent
Workplace
Hybrid
Published
May 20, 2025
Ref
160514
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RENT & SERVICE CHARGE OFFICER
UP TO £45,000 PLUS BENEFITS
STUDY SUPPORT  
FLEXIBLE HYBRID WORKING
LONDON


I’m delighted to be partnered with a growing Housing Association, based in London. They are part of a G15 Housing Association and through continued growth are looking to hire a Service Charge Officer to join the Finance team.

The Service Charge Officer will ensure accurate budgeting, reconciliation, and compliance with relevant regulations for service charge funds, primarily within a residential property portfolio.

RESPONSIBILITIES:
 

  • Prepare and reconcile annual service charge budgets and actuals.
  • Produce and issue year-end service charge accounts in line with lease agreements and statutory guidelines (Landlord and Tenant Act 1985).
  • Manage and report on reserve funds, ensuring correct contributions and balances.
  • Monitor expenditure, compare against budgets, and post adjustments as needed.
  • Provide service charge budgets for new developments at design stage.
  • Calculate and issue service charge estimates, actuals, major works charges, and ground rent in line with lease terms and within set timescales.
  • Reconcile the individual leaseholder accounts and produce and send out yearly financial statements.
  • Handle leaseholder and tenant queries on service charge estimates, statements, and variances.
  • Liaise with internal teams (Repairs, Development, Finance) to ensure correct cost allocations and billing for works and new developments.
  • Support internal and external audits, tribunals, and court proceedings with required financial data.
  • Collaborate with the Leasehold Adviser to improve communication with residents, including welcome packs and service charge handbooks.

DESIRED EXPERIENCE
 
  • A part qualified Accountant (AAT, ACCA, CIMA) with demonstrable experience in a similar Rents and Service Charge role.
  • Demonstrable knowledge of Section 20 and other leasehold legislation.
  • Intermediate to Advance Excel skills
  • Experience of working in Housing or Property desirable.

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