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Finance Officer - Service Charges

Finance Officer - Service Charges

  • Location

    London, England

  • Sector:

    Financial Accounting

  • Type:

    Permanent

  • Salary:

    £32500.00 - £33500.00 per annum

  • Contact:

    Matt Davidson

  • Contact Email:

    Matt.Davidson@pro-Finance.co.uk

  • Salary:

    33500

  • Salary:

    32500

  • Reference:

    BBBH52750

  • Published:

    3 months ago

  • Expiry Date:

    2021-11-21

Service Charge Finance Officer: £32,500 - £33,500 | London

For a public sector housing provider in central London, we are recruiting a Service Charge Finance Officer on a permanent basis. Reporting to the Service Charge Accountant, this role will ensure Service Charges levied to tenants are accurate, transparent, and in line with housing legislation. This role will analyse, account for, and reconcile service charges and will ensure effective administration of payment systems for resident and their rent and service charges. The Finance Officer will ensure transaction processing, bookkeeping and record keeping are efficient and robust.

Main Duties:

  • Accurately record service charge expenditure on a scheme basis at block and estate level
  • Ensure all service charges are reconciled and recorded correctly
  • Provide detailed breakdowns for residents of costs incurred including day to day repairs
  • Raising rechargeable invoices for major works for leaseholders
  • Review and process service charge adjustments, allocating receipts and charges
  • Prepare accrual and prepayment journals
  • Set up new accounts on Orchard Housing Management System
  • Assist the rent accounting team with rent increases, and changes to Housing Benefits, DSS and Direct Debits
  • Assist with the financial information for the annual Service Charge accounts
  • Liaise with external and internal auditors
  • Assist in the preparation of service charge statements
  • Prepare accurate annual reconciliation of service charge expenditure reports
  • Liaise with Leasehold Services, Home Ownership, Local Authorities, DWP

Person Specification:

  • AAT, BTEC or experience within a Finance department
  • Experience within a Housing Association, RSL or ALMO
  • Experience of Rent Accounting Systems such as Orchard
  • Excel and Open Accounts experience would be desirable
  • An understanding of Housing Benefits
  • An understanding of Service Charge legislation

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As an employer, we are committed to ensuring representation of people from all backgrounds regardless of their gender identity or expression, sexual orientation, race, religion, ethnicity, age, neurodiversity, disability status, or any other aspect which makes them unique. We welcome applicants from all backgrounds to apply and would encourage you to let us know if there are steps, we can take to ensure that your recruitment process enables you to present yourself in a way that makes you comfortable.

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