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Service Charge Accountant

Accounts - Finance - AAT - QBE - 19K - Accountant - Worcester - Worcestershire

My client, based just outside the city centre are looking for a candidate who is either qualified by experience, or are studying towards their AAT to join the company as a Service Charge Accountant.

This permanent vacancy is paying £19,000 per year.

The successful candidate will have previous experience within a finance as well as strong Microsoft office skills, including Word and Excel.


To assist the company in the delivery of an excellent service charge product to a variety of external clients.


Reporting to the Senior Service Charge Accountant, this role has responsibility for the delivery of certain financial aspects of the service charge management product offered.

This includes extensive liaison with the Estates Management team and some external client contact.


Experience & Qualifications

Previous experience working in a finance environment
Probably part qualified AAT or qualified by experience
PC literate and ideally familiar with using Excel and Word
Ability to rapidly gain a good understanding of unfamiliar computing systems
Previous experience of QUBE (a property management system) would be a distinct advantage or an accountancy package based on a data base

Personal Qualities & Skills

Strong customer focussed approach to work
Analytical skills, accompanied by an attention to detail
Ability to work under pressure and meet tight deadlines
Enthusiastic team player
Keen to take responsibility and use initiative
Effective communicator who enjoys contact with non-finance staff and external clients
Professional approach to dealing with both internal and external clients


Establishing new business client account data

Developing service charge models

Preparing service charge budgets
Production of annual accounts
Liaising with Estates management team
Maintenance of QUBE database
Establishing new business client account data

Liaise with Company Secretary where the accounting reference date needs amending

Liaise with developer and New Business Property Manager to obtain all necessary information to set the site up on our systems

Collect lease and memorandum and articles of association data relevant to new sites

Developing Service Charge Models

Ascertain from the New Business Project Manager the required service charge structure for new developments coming under management
Develop an Excel model to reflect the required service charge structure (these models can often be quite complex)
Modify the model as required by external developers during the development phase

Preparing Service Charge Budgets

Liaise with the New Business Project Manager and the Property Managers to develop annual budgets for each development
Calculate the service charge contributions due from leaseholders (usually payable six monthly)
Monitor and report on expenditure incurred, as compared to budgeted levels of spend
Production of Annual Accounts

Produce annual service charge accounts for each development (using QUBE property management system)
Liaise with external auditors to ensure sufficient completion of service charge audits
Oversee posting of service charge demands on QUBE accounts package
Produce expenditure and other analysis reports required by the Property Managers
Liaise with the financial accounting team and property managers to ensure accurate coding of expenditure and up to date maintenance of QUBE database.
Calculate annual rebates (or additional premiums) payable by leaseholders, following production of annual accounts
Liaising with external clients

On a number of developments there will be a requirement to liaise directly with directors of small management companies and with suppliers providing services to those developments
There will also be a requirement, on occasion, to liaise with developers and other external contacts
Maintenance of QUBE database
Creating new properties, units and leaseholders and maintenance thereafter.
Processing charges and demands.
Dealing with general queries relating to the database.

Other responsibilities

Undertake other duties that may reasonably be requested
Advise Senior Service Charge Accountant of any problems immediately