Portfolio Accountant

The Focus Group; Johannesburg; On-site; ZAR 300,000 - 450,000; Full time

Job summary

A leading company in Johannesburg seeks an experienced Accountant to manage general ledgers and prepare financial statements. Candidates should have a BCom Honours or a bachelor's degree in accounting, along with relevant experience and the ability to maintain high standards of accounting practices. The role includes financial reporting, bank reconciliations, and compliance with IFRS, making it critical for ensuring accurate financial management and reporting.

Qualifications

• Matric and BCom Honours required.
• SAICA Articles plus 2 years post-articles preferred.
• 3-5 years relevant experience as an Accountant.

Responsibilities

• Maintain accurate and complete general ledgers.
• Prepare and submit monthly VAT returns.
• Prepare financial statements in accordance with IFRS.

Skills

Strong communication skills

Innovative thinking

Dynamic and enthusiastic

Decision-making ability

Analytical mind

Education

BCom Honours or bachelor's degree in accounting

Matric

Tools

Microsoft Word

Microsoft Excel

Accounting software

Job description

Maintain accurate and complete general ledgers with responsibility for related accounting functions and staff where necessary.

Key Responsibilities :

General Accounting :

• Ensure accurate and complete general ledgers.
• Reconcile general ledger accounts monthly and clear reconciling items promptly.
• Review bank reconciliations monthly.
• Reconcile and confirm intercompany loan accounts.
• Maintain the Fixed Asset Register, including allocation, addition of fixed assets, monthly depreciation, and reconciliation to the general ledger.
• Prepare and submit monthly VAT returns via e-filing by the 25th of each month.
• Process tenant deposit refunds and appropriations.
• Calculate collection commission per the rent roll.
• Reconcile and clear the Debtors Clearing account regularly.
• Update and distribute the monthly cut-off schedule.
• Identify depreciable assets from Capex and Tenant Installation accounts.
• Prepare monthly journals, including pro rata allocations of interest and bank charges, net income distributions, and capex claims.
• Prepare monthly financial packs for external clients and balance cash flow documents and supporting schedules.
• Prepare weekly cash flow statements and control expenditure and cash flow.
• Review ledgers and identify monthly accruals.
• Ensure adherence to controls and procedures, identifying and implementing additional controls as needed.
• Provide accounting and administrative assistance as required.
• Assist property managers with finance-related issues for the property portfolio under management.
• Prepare preliminary financial statements and advise property managers when ready.
• Review preliminary financial statements per building and ensure recurring entries are captured.
• Prepare financial statements in accordance with International Financial Reporting Standards (IFRS).

Skills and Competencies :

• Strong communication skills (both written and verbal).
• Innovative thinking and ability to follow processes.
• Dynamic and enthusiastic.
• Professional interaction with individuals at all levels.
• Decision-making ability.
• Professional attitude, capability, and personal initiative.
• Ability to work independently.
• Analytical mind with a keen eye for detail.

Qualifications and Experience :

Qualifications :

• Matric (Must).
• BCom Honours or a minimum of a bachelor’s degree in accounting.
• SAICA Articles plus 2 years post-articles in an accounting or related role.

Experience :

• 3-5 years’ relevant experience as an Accountant.
• Audit experience is an added advantage.
• Experience in preparing financial statements in accordance with IFRS.
• Extensive knowledge of computer skills, including Microsoft Word, Excel, accounting software, and MS Office.