Finance Manager

Excellerate JHI; Gauteng; On-site; ZAR 500 000 - 700 000; Full time

Job summary

A real estate services company in Gauteng seeks a financial professional to optimize property portfolio performance. This role involves financial oversight, budget preparation, and stakeholder collaboration to enhance business decisions. Candidates must hold a BCom Accounting Degree, have 5 years of relevant experience, and proficiency in financial applications like SAP and MS Office. This position offers an opportunity to lead financial strategies within a dynamic environment.

Qualifications

• 5 years of relevant experience in property management.
• Completed SAICA/SAIPA articles required.
• In-depth understanding of financial policies and procedures.

Responsibilities

• Manage portfolio and optimize financial performance.
• Prepare budgets and analyze variances.
• Handle audit queries and implement recommendations.

Skills

Proficiency in SAP

Advanced Excel

Strong administration skills

Financial calculations

Business planning

Excellent communication skills

Team leadership

Education

BCom Accounting Degree

Tools

MS Office

Job description

JHI is a leading real estate services company that combines global standards with specialised local knowledge to create customisable high-performance solutions for our clients. We advise property owners and occupiers on every aspect of their property strategies and assist them in the development, buying, selling, leasing, valuing and management of their assets. Our dedication to quality and excellence sets us apart in the industry.

Why choose us

Be part of a forward-thinking culture that values entrepreneurial spirit and celebrates your best work. Collaborate with talented property professionals, leverage unparalleled resources, and enjoy opportunities for both personal and professional growth. At JHI, your contributions are encouraged and celebrated, ensuring a rewarding journey as you advance in your career.

About the role

We are seeking a dynamic professional to enhance finance's role as a strategic business partner across Business, Tenants, Property Asset Management, and External Clients. This pivotal role involves overseeing and influencing business decisions, managing the Client Portfolio Financial Department, and developing robust reporting systems tailored to property owners' needs. Join us in transforming finance into a value-adding force within our organisation.

What you will bring

• BCom Accounting Degree
• 5 years of relevant experience, ideally within the property management sector.
• Completed SAICA/SAIPA articles

Additional demonstrable requirements

• Proficiency in computer applications including SAP, MS Office (Advanced Excel, Outlook, Word)
• Strong administration and time management skills
• Advanced financial calculations and reporting capabilities
• Business planning expertise, particularly in the context of property asset management
• In-depth understanding of financial policies, procedures, and processes
• Proven experience in capital expenditure and contract management
• Familiarity with legal aspects pertaining to property management, including leases and regulatory compliance
• Knowledge of financial statements (IS, BS), budgeting processes, GAAP principles applicable to property accounting, and tax implications in property transactions
• Excellent communication skills, particularly in conveying financial information to stakeholders in property management
• Effective team leadership and change management skills, essential for guiding financial strategies in property portfolios
• Strong financial and business acumen, with a demonstrated ability to optimize financial performance in property assets

What you will be doing

As part of our team, you will be responsible for comprehensive portfolio management, focusing on optimizing financial performance and client satisfaction within the property management sector. Your key responsibilities will include:

• Portfolio Management and Reporting
  • Asset register management
  • Cash flow management - preparing weekly cash flow
  • Allocation of Debit orders and sundry payments
  • Debtors Clearing
  • Debtors Management - weekly review and commentary update
  • Intercompany management
  • Processing and review of transactions on the system
  • Ensuring accuracy and completeness of the TB.
  • Loading and releasing payments
  • Outstanding GRN report preparation and submission
  • Credit Card Processing and reconciliation
  • Balance sheet reconciliations
  • Bank Reconciliations
  • VAT Reconciliations
  • Payroll, I/S & B/S reconciliation, recoverable salary control report
  • Creating of Vendors on SAP
  • Procurement and vendor management, ensuring that BEE requirements from suppliers are closely monitored to achieve maximum benefit
  • Management of expired vendor BEE certificates, analysis and reporting
  • Review and management of Creditors
  • Review of Company Credit card analysis and monitoring spend
  • Review of payroll cost centre report and ensuring that FMs are reviewing the allocation of staff and identifying and correcting discrepancies
  • Tax Submissions (VAT, Dividends Tax and Income Tax).
  • Preparations and presentation of monthly management accounts
  • Preparation and/or review of Annual Financial Statements
  • Group requirements - Ad-Hoc (special audits, historic information requests) filtering the request and allocating the task to the person who will be accountable.
• Budgeting and Forecasting
  • Prepare overheads annual budget
  • Analyse and explain variances on a monthly basis
• Audits
  • Handle queries on audit reports
  • Preparation of audit packs
  • Implementation of audit recommendations
  • Assist CFO with compliance audits
  • Audit findings (External and internal) tracking register maintenance and follow ups.
• Business Partnering
  • Assistance with procurement processes
  • Assistance with training of business staff
  • Business unit support

This role requires strong financial acumen, leadership skills, and the ability to effectively partner with various stakeholders to drive profitability and operational excellence within the property management sector.

JHI is committed to striving for diversity and equitable representation in our workforce. Preference may thus be given to suitably qualified candidates as identified in our employment equity plan. Persons with disabilities are encouraged to apply.