Property Accountant

The Property Accountant is responsible for the end-to-end accounting of a designated portfolio of properties.

This includes the accurate recording and reconciliation of operational property transactions, vendor payments, municipal charges, and expenses associated with the properties.

The Property Accountant works closely with Financial Managers and property teams to ensure the financial integrity of the assigned portfolios and alignment with internal controls.

This role involves a range of accounting responsibilities, including journal entry preparation, bank reconciliations, age analysis, and financial reporting.

Key Responsibilities:

1. GL Maintenance, Reporting and Reconciliations:
   • Prepare and maintain the general ledger (GL), ensuring accurate and timely recording of all financial transactions.
   • Prepare and post journal entries to the GL.
   • Prepare and deliver various accounting reports and supporting schedules, including balance sheets and income statement schedules.
   • Maintenance of monthly balance sheet reconciliations.
   • Prepare and reconcile inter-company loan accounts.
   • Manage the accounting and reconciliation of letting commissions.
   • Prepare age analysis reports for debtors and creditors.
   • Conduct detailed reconciliations and analysis.
   • Prepare shareholder loan schedules and reconciliations.
2. Cashbook Related:
   • Prepare and sign-off monthly bank account reconciliations.
   • Check cashbooks on a daily basis to ensure correct allocations.
   • Capture cashbook entries.
3. Compliance:
   • Assist in the preparation for the year-end audits.
   • Address audit information requests and queries in a timely manner.
4. Daily Operations:
   • Check cashbooks on a daily basis to ensure correct allocation of transactions.
   • AP Support with Supplier invoices for payment listing.
   • Process and reconcile supplier invoices related to property operations.
5. Process Efficiency and Automation:
   • Create efficiencies through the implementation of automated processes and procedures.

Requirements:

1. Must be a South African Citizen.
2. Must be willing to work onsite in Office.
3. Bachelor's degree in Accounting or Finance (or in progress).
4. Minimum 2 Years Of Accounting Experience (property Experience Advantageous).
5. Experience with municipal utility accounting and operational property transactions.
6. Strong Excel skills (pivot tables, lookups, reconciliations).
7. Experience with property finance systems (e.g., MDA, MRI).

We are committed to employment equity and invite candidates from all designated groups, as defined by the Employment Equity Act, to apply.

Benefits:

1. Basic Salary.
2. Provident Fund and Group Risk cover (post probation).