Portfolio Accountant

The Focus Group; Johannesburg; On-site; ZAR 420,000 - 540,000; Full time

Job summary

The Focus Group in Johannesburg seeks an experienced Accountant to maintain accurate general ledgers, reconcile accounts, prepare IFRS-compliant financial statements, and support property managers with finance-related issues as part of a busy portfolio.

The ideal candidate holds a BCom Honours or accounting degree, SAICA articles, 3–5 years’ accounting experience, strong Excel skills, and the ability to work independently with keen attention to detail.

Qualifications

• Matric is a mandatory requirement.
• Requires a BCom Honours or an accounting degree.
• SAICA Articles with 2 years post-articles experience is preferred.
• Strong IFRS knowledge and financial statement preparation.

Responsibilities

• Maintain accurate and complete general ledgers.
• Reconcile general ledger accounts monthly and clear reconciling items.
• Review bank reconciliations monthly and ensure accuracy.
• Reconcile and confirm intercompany loan accounts.
• Maintain Fixed Asset Register and depreciation.
• Prepare monthly journals and pro rata allocations.
• Prepare monthly financial packs and IFRS-compliant statements.
• Assist property managers with finance-related issues.

Skills

Communication

Innovative thinking

Dynamic

Professional interaction

Decision-making

Time management

Professional attitude

Independence

Attention to detail

Education

Matric

BCom Honours or accounting degree

SAICA Articles

Tools

MS Office

Excel

Accounting software

Job description

Purpose of the Job: 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.
• Competent time management skills.
• 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.