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Property Accountant

Posted 18 days ago

  • Kirkstall, West Yorkshire
  • Permanent
  • Excellent Benefits
  • £40,000 to £50,000 /Yr
  • Sponsored
  • Expires In 10 days

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:

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


Essential:

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