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Service Charge Accountant

United Kingdom, Bedford 40000.00 - 45000.00 GBP / Year · Job Posted January 15, 2026
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Job Description

This is an in-house Service Charge Accountant position responsible for the accurate preparation, administration, and reconciliation of service charges across a diverse commercial property portfolio. The role offers full ownership of the service charge lifecycle and plays a key part in strengthening internal processes and financial controls.

Job Responsibility

  • Interpret commercial lease agreements to ensure service charge calculations, apportionments, and recoveries are accurate and compliant
  • Prepare annual service charge budgets aligned with the wider business planning and budgeting timetable
  • Issue service charge demands in accordance with lease terms and agreed schedules
  • Perform regular reconciliations of service charge accounts, investigating and resolving variances and discrepancies
  • Produce year-end service charge accounts and supporting documentation in line with regulatory and best practice standards
  • Monitor service charge income and arrears, supporting effective recovery while maintaining positive tenant relationships
  • Deliver clear management information, including variance analysis and commentary
  • Assist with forecasting and periodic reforecasting of service charge expenditure
  • Review existing service charge processes, recommending and implementing improvements to enhance efficiency, accuracy, and consistency
  • Attend meetings with operational teams or occupiers to explain budgets, reconciliations, and adjustments where required
  • Work closely with property management and finance colleagues to ensure audit readiness and consistent application of policies
  • Provide ad hoc support to the Financial Controller as needed

Requirements

  • Demonstrable experience within commercial service charge accounting
  • Experience managing the full service charge cycle from budget setting through to year-end reconciliation
  • Comfortable operating autonomously in a newly established or evolving in-house role
  • Strong technical knowledge of service charge accounting principles and reporting requirements
  • Working understanding of the RICS Service Charge Code of Practice
  • High level of accuracy and strong analytical capability
  • Advanced Excel skills, including reconciliation of large and complex data sets
  • Confident in reviewing and challenging information provided by managing agents and external suppliers
  • Clear and effective communicator, able to explain financial information to non-finance stakeholders
  • Well organised, adaptable, and able to manage competing deadlines

What we offer

discretionary bonus

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