Mentor Diary Demonstration

Summary of Experience

  • Total Mandatory Competency words: 150 of 1500 words
  • Total Technical Competency words: 200 of 4000 words
Type Competency and level Date
Mandatory Accounting Principles and Procedures - Level 1 24-03-2020
I am responsible for the day to day payment of invoices enabling me to also prepare the budgets and forecasts and assist in the preparation of the accounts. This involves the analysis of end of year accounts, preparing budgets and forecasts for estate update meetings as well as making payments and receiving and allocating money. I manage the cash flow of the estate account and ensure that a sufficient balance is maintained. My role also includes the close monitoring of debtors and creditors as well as raising our fees for consultancy advice on specific projects.
Mandatory Business Planning - Level 1 05-03-2020
I am in constant contact with my clients so that business and investment decisions are fully discussed. Business planning means that I must consider how the client's estates will be affected based on accounts, projected expenditure and new regulations and legislations, Such as the change to Assured Shorthold Tenancies rental threshold and the need to register private sewage systems with the EA along with the incoming EPC leglisalation.
Mandatory Client Care: Level 1 27-01-2020
The day to day contact I have with my client has increased with my experience over the previous three years and I work hard at maintaining a professional and positive relationship with my clients. The main estate I manage has an absentee landlord scenario and therefore the majority of updates are done by telephone or email and I am the principal contact on this an the other estates I manage. I also liaise closely with other professionals including my client's accountants and lawyers and I make sure I deal with any enquiries they have promptly and efficiently. If I am unable to answer a question I will involve a more experience colleague as a greater level of technical knowledge may be needed. I am also responsible for presenting information at estate update meetings, to clients and their advisors.