Financial Accountant Needed for Property Development Company based in Cape Town

• Financial accounting:

• Preparation of financial statements, management accounts, budgets and annual financial reports
• Overseeing the administration and financial systems, procedures and controls
• Financial operations (FinOps) management: Management oversight of -

• MDA financial accounting and administrative duties and functions

• Receipting tenants' trust deposits and payments
• Facilitate Third Party Fund Administration (TPFA) investments
• Rent reconciliation and journaling
• Facilitate landlords' expense and utilities payments; e.g. municipal accounts & SARS
• MDA data capturing & reconciliation duties

• Tenant trust payments and receipts
• Municipal utility accounts due by tenants
• Legal expenses and fees recovered from bad debtor tenants
• Supplier expenses and fees for landlords' account
• VAT payable by landlords as reflected in cashflow and rent roll statements
• Business account receipts, payments and invoices
• Credit control duties and functions

• Reconciliation landlords' accounts to ensure accurate representation of outstanding balances
• Resolution of any queries or issues with debtor aging reports
• Facilitate promise-to-pay arrangements with debtors
• Handover of bad debtors to attorneys for collections
• Reporting to landlords
• General administrative duties

• Administration and record keeping of all property related processes regarding the portfolio
• Assisting with data processing as and when required
• Tax & accounting standards:

• SARS and related tax compliance & requirements
• Accounting standards
• Insurance: Company & client insurance requirements
• Compliance & corporate governances

• COIDA
• FICA & RMCP
• POPI & PAIA
• BBB-EE strategy & compliance with the Amended Property Sector Code
• Manage compliance relating to all regulatory & other controlling bodies
• Company secretarial functions
• Effective client & stakeholder relationship management: Engage, liaise and maintain good relationships with landlords, tenants, local municipalities, contractors/suppliers, company accountants & auditors, SARS and other stakeholders, where required

• CA or similar qualification
• Property management / administration experience desirable
• Experience in accounting function
• Technically strong and knowledge of IFRS
• Experience in preparing financial statements, management accounts, budgets and annual financial reports
• High level of competencies & skills required: Time management, ability to work independently, attention to detail, strong communication (verbal & written), well organised, problem solving, analytical, financial acumen, managerial
• Proficiency with MDA software desirable
• Computer literate (MS Office) with strong excel skills

Redline Recruitment