Service Charge Accountant at The Faculty

Service Charge Accountant

Job description

Role Purpose

The Service Charge Accountant is responsible for maintaining accurate financial

records across a portfolio of client accounts, ensuring strong financial controls,

producing high-quality financial reporting, and supporting effective decision-making

across operational teams.

Key Responsibilities

Financial Management & Controls

• Complete monthly bank reconciliations and resolve discrepancies.

• Monitor service charge, reserve and client account balances.

• Manage working capital and cash flow requirements.

• Review income and expenditure postings to ensure accuracy and lease

compliance.

• Maintain accurate accounting records and robust audit trails.

Reporting & Analysis

• Prepare financial information for monthly and quarterly client reporting.

• Produce budget versus actual reporting and variance analysis.

• Support Senior Client Accountants with data validation and reporting queries.

• Generate accurate service charge demands in line with budgets and lease

requirements.

Budgeting & Planning

• Support annual budget preparation through analysis of historical expenditure

and future cost assumptions.

• Maintain audit trails of budget amendments.

• Ensure approved budgets are accurately loaded into systems.

Year-End & Audit

• Prepare year-end audit packs to ETB level.

• Liaise with auditors and provide supporting documentation.

• Investigate and resolve audit queries and discrepancies.

• Ensure year-end outputs are complete, accurate and delivered on time.Stakeholder Collaboration

• Work closely with Senior Client Accountants, Property Managers and General

Managers.

• Provide financial insight, highlight risks and support operational decision-

making.

• Collaborate with auditors, finance and credit control teams to ensure financial

integrity.

Skills & Experience

Essential

• 2 years accounting experience.

• Accounting in service charge or property management highly preferable.

• Strong reconciliation and financial control knowledge.

• Good working knowledge of Qube or similar accounting systems.

• Strong Excel skills.

Personal Attributes

• Highly organised with excellent attention to detail.

• Strong analytical and problem-solving skills.

• Proactive, accountable and collaborative.

• Confident communicator with both financial and non-financial stakeholders

Salary

· Negotiable up to a maximum of R40 000.00 CTC per month - depending on experience

· UK working hours

· UK public holidays

· 25 days annual leave

· Fully remote