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Our property management accounts function provides a breadth of transaction management and financial reporting solutions for a range of funds, institutions and overseas investors.

Scale and capability of our Property Management Accounts

Our team of more than 200 in Property Management Accounts enables Workman to provide a scale of resource to accommodate our client’s full range of property management accounts and financial reporting requirements, from single assets to complex nationwide portfolios.

The property management accounts team operates across four offices. Teams are arranged by discipline, led by dedicated Client Accountants who provide direct client liaison and financial reporting oversight, supported by specialists in Service Charge, Treasury, Cashiers and Credit Control teams.

The scale of client funds and volume of transactions handled by our teams are listed below.

  • Our credit control team collect more than

    1.8

    billion in rent per annum
  • Of the rent collected,

    95

    percent is typically recovered within 14 days
  • We manage more than

    1,400

    service charge budgets, reconciled annually within four months of year-end
  • Our cashier team manage approximately

    1,800

    client bank accounts and reconcile these on a monthly basis
  • Our accounts payable team process approximately

    500

    million in budget expenditure each year
  • With a team of over

    200

    across
  • 4

    offices

A governance framework to ensure service quality

Our commitment to quality assurance processes and procedures is the platform upon which the accuracy and consistent quality of our property management accounts service is based.  The firm’s property management processes have been certified to ISO 9001:2015 Quality Management Systems for many years, which is continually reviewed and regularly audited.

In addition, the firm’s accounting processes and controls are accredited to Audit and Assurance Facility 01/06 (AAF 01/06), which is consistent with the requirements of the International Standard on Audit Engagements (ISAE) 3401. These are audited annually.

Our processes for the handling of client monies are also regularly audited by, and are compliant with, the RICS and a copy of our RICS Client Money Certificate can be viewed here.

Senior Management oversight to deliver a consistently high quality of service

Led by Oliver Keeble, our Property Management Accounts department is managed by the Accounts Executive Group (AEG), which is made up of the seven Directors of Accounts.

The role of the AEG is to ensure the Accounts department keep up to date with current legislation, setting policies & procedures, ensuring consistency and quality of service across teams and overseeing the training and development of the accounting function. The AEG meet regularly to monitor the accounts team performance against internal controls.

Expertise in industry-leading Property Management systems

Our Property Management Accounts teams have experience in operating on a number of different property management systems.

We have dedicated teams with expertise in the use of Tramps, Horizon, Yardi and MRI as well extensive experience of migrating from one system to another and developing specific functionality and reports in those systems for specific clients. For example, we manage over 1,000 properties on Yardi for leading investors such as CBREIM, BlackRock and New River and a similar number on Horizon for clients including Columbia Threadneedle Investments and Federated Hermes.

Meet our senior team
Untitled  R McCrimmon
Michelle Molyneux
hannah bonomini
Olliver Keeble
Simon Murphy
Erin seeley
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A vital part of our Property Management service, our accounts teams work closely with the property managers to ensure the financial objective of each asset are met and reports are delivered in line with the clients' KPIs.
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