. This role involves end-to-end responsibility for financial reporting, budgeting, and reconciliation of income and expenditure relating to rent and service charges across a variety of multi-let commercial assets, including offices and retail sites.
This is a key role providing financial insight to property managers, asset managers, and the wider group.
Please note that this is a full-time, office-based role. Standard working hours are Monday to Friday, 9:00am to 5:30pm
Key Responsibilities:
Rent & Income Accounting:
Prepare and reconcile
monthly rental income schedules
, ensuring accuracy of tenant charges and lease compliance.
Monitor and analyse
rent arrears and tenant account movements
, working with credit control and property management.
Ensure correct posting of
rental income, incentives, rent-free periods, and lease surrender premiums
.
Service Charge Accounting:
Prepare annual
service charge budgets and forecasts
, working with property and facilities managers.
Monitor and report on actual service charge expenditure vs. budget across multi-let properties.
Complete
annual service charge reconciliations
, including tenant apportionments and balancing charges.
Ensure service charge transactions are accounted for in line with
lease terms
and
RICS Commercial Service Charge Code
.
Reporting & Analysis:
Produce
monthly management accounts
for each asset, including variance analysis and commentary.
Support
cash flow forecasting
, rent roll reviews, and service charge cost recovery analysis.
Assist in preparing information for
external auditors, internal stakeholders, and investors
.
Maintain and enhance reporting processes and financial controls across property accounting.
Skills and Experience:
Part-qualified or qualified accountant (ACCA, CIMA, ACA) or qualified by experience.
Minimum 3 years' experience in a
property management finance role
, with exposure to both rent and service charge accounting.
Strong understanding of
commercial property leases
, lease obligations, and service charge recoveries.
Excellent Excel skills and working knowledge of
property management systems
such as MRI, Qube, Yardi, or similar.
Confident in interpreting lease documents, budgets, and cost allocations.
Strong communication and relationship-building skills - able to work cross-functionally with asset and property teams.
Highly organised, deadline-driven, and meticulous in financial accuracy.
Proficiency in Mandarin and/or Cantonese is an asset.
Desirable:
Experience in managing
multi-let commercial properties
across sectors (office and retail).
Understanding of
VAT treatment of rent and service charges
.
Familiarity with IFRS 16 or FRS 102 as it applies to lease accounting.
Previous involvement in system migrations or finance process improvements.
Immediate availability is preferable.
What We Offer:
Competitive salary and discretionary bonus
25 days annual leave plus bank holidays
Life insurance and private medical insurance
Company pension
Ongoing professional development and training support
A collaborative and commercially-focused team environment
Job Types: Full-time, Permanent
Benefits:
Casual dress
Company pension
Life insurance
Private medical insurance
Sick pay
Experience:
property management finance: 3 years (preferred)
Work Location: In person
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