Portfolio Accountant_Industrial

Redefine; Sandton; On-site; ZAR 900,000 - 1,700,000; Full time

Job summary

Redefine is seeking an experienced Finance Manager to manage financial records and reporting for its property portfolio. You will oversee trial balances, budgets, forecasts, and management accounts with clear variance commentary, while ensuring accruals and journal postings are accurate and timely.

You will also drive performance metrics, support acquisition projects, and lead reporting staff to deliver accurate financial information for decision makers.

Qualifications

• Solid knowledge of accounting principles and standards.
• Understanding of budgeting and forecasting processes for property portfolios.
• Experience with financial reporting and variance analysis.

Responsibilities

• Review trial balances for properties and portfolios.
• Prepare budgets and forecasts for income statements and balance sheets.
• Provide management accounts with variance commentary.
• Accrue expenditures and manage property accruals at portfolio level.
• Review arrears and assist with debt provisions.
• Support management in tracking yield improvements and acquisitions.
• Reconcile and post monthly journals and balance sheet recons.

Skills

Accounting knowledge

MS Excel

Budgeting

Forecasting

Reporting

Time management

Multitasking

Education

B.Com Degree in finance, including accounting

Honours Degree in Accounting

Tools

MDA Property Management Software

ERP systems

Job description

Primary Purpose of the Job:

Providing stakeholders with relevant and timely information to facilitate appropriate decision making by maintaining valid, accurate and complete financial records and reporting accurate and complete management accounts, budgets and forecasts.

Key Performance Areas (KPA’s):

• To review and analyse accurate and complete trial balances for properties and portfolios
• To review, analyse and facilitate the timely and accurate completion and reporting of budgets and forecasts for both Income Statement and balance sheet for these properties and portfolios
• To provide and report timely, accurate and complete portfolio management accounts with variance commentary.
• To review and accrue for expenditure and to manage the accrual account on property at portfolio level
• accrue for expenditure and to manage the accrual account on property at portfolio level
• Review arrears to raise appropriate bad debt provisions
• To assist management in tracking and driving result / yield improvement on property and portfolio level.
• To assist with the take on of properties during the acquisition and development phases
• To reconcile and process the adjustment accounts on disposal of properties
• To provide the business with regular reporting on the portfolio’s financial performance
• To effectively manage all reporting staff
• To assist financial managers with month end reviews and day to day operational requirementsTo review and analyse monthly balance sheet recons
• Review and posting of monthly tenant, special journals and any adhoc journals

Job Specific Requirements:

Job Knowledge:

• Knowledge of accounting.
• Knowledge of commercial property.
• Knowledge of budgeting and forecasting.

Job Related Skills:

• Computer proficiency (Essential)
• Microsoft Excel (Essential)
• Time management (Essential)
• Advanced numeracy (Essential)
• Reporting and communication skills (Essential)
• Knowledge of MDA Property Management Software (Desirable)
• Communication skills (Essential)
• Interpersonal skills (Essential)
• Self-starter (Essential)
• Team player (Essential)
• Multitasking (Essential)

Job Experience:

• 3 years minimum accounting experience

Education:

• B. Com Degree in finance, including accounting (Essential)
• Honours Degree in Accounting (Desirable)

Competency Requirements:

Essential:

• High level of analytical skills
• Applying Expertise and Technology
• Planning and Organising
• Following Instructions and Procedures
• Entrepreneurial and Commercial ThinkingDelivering Results and Meeting Customer Expectations

Desirable:

• Learning and Researching
• Presenting and Communicating Information
• Writing and Reporting
• Adhering to Principles and Values
• Coping with Pressures and Setbacks
• Relating and Networking
• Creating and Innovating
• Deciding and Initiating Action