Property Accountant

Are you an experienced Property Accountant looking for a new opportunity?
IPS Finance is working with a fast-growing client in the property sector, and they are seeking a talented individual to join their expanding team.
If you have a strong background in property finance, a keen eye for detail, and the ability to thrive in a dynamic environment, this could be the perfect role for you! This is an exciting chance to contribute to a company on the rise and make a real impact in the financial management of their property portfolio.
Duties of Property Accountant:

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• Prepare monthly, quarterly, and annual financial reports for property portfolios, including income statements, balance sheets, and cash flow statements.
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• Reconcile accounts and ensure accuracy in financial records, particularly around rental income, service charges, and maintenance fees.
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• Ensure that all client money (rents, deposits, service charges) is handled in compliance with relevant regulations
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• Reconcile client accounts and ensure funds are properly allocated and protected.
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• Manage the accounts receivable process, ensuring timely collection of rent and service charges.
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• Handle accounts payable, ensuring suppliers and contractors are paid on time.
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• Prepare and manage service charge budgets, ensuring accurate allocation of costs for multi-tenant properties.
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• Track expenses and compare them against budgeted figures to ensure proper fund management.
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• Perform regular bank reconciliations for client and company accounts, identifying and resolving discrepancies.
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• Ensure compliance with property and financial regulations, including client money protection (CMP) schemes.
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• Assist with internal and external audits, preparing necessary documentation and ensuring the accuracy of financial data.
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• Work closely with property managers, landlords, tenants, and external auditors to resolve financial queries and maintain clear communication regarding property finances.
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• Supervise and support junior accounts administrators or finance assistants, ensuring that day-to-day financial tasks are completed efficiently.
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Essential:

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• Proven experience in a finance or accounting role, ideally within the property sector.
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• Familiarity with client money protection regulations and best practices.
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• Strong knowledge of financial reconciliation, cash flow management, and bookkeeping.
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• Proficiency in property management software (e.g., Qube, MRI, or similar).
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• Excellent communication and interpersonal skills.
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• Attention to detail with the ability to manage multiple tasks efficiently.
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• Relevant qualifications in property management, accounting, or finance would be advantageous.
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