Commercial Property Accountant

Commercial Property Accountant. OUR CLIENT are seeking an experienced and proactive Property Accountant to support the financial management of a commercial property portfolio, covering both rental income and service charge accounting. 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 role will be 5 days in the office. THE ROLE REQUIREMENTS: Rent and 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 and Analysis:Produce monthly management accounts for each asset, including variance analysis and commentary.Support cash flow forecasting, rent ..... full job details .....
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