Property Accountant

Placements24; Sandton; Hybrid; ZAR 450,000 - 650,000; Full time

Benefits offered by this job

Hybrid working arrangement

Career development opportunities

Be part of a well-established Sandton/

Job summary

Placements24 is assisting a dynamic property investment and management company in Sandton, Gauteng to find an experienced Property Accountant to join the finance team. The role focuses on accurate financial operations across a diverse property portfolio, including leases, AP/AR, reporting, and budgeting.

The ideal candidate will hold a Bachelors in Accounting or Finance, a professional qualification is advantageous, 3–5 years in property accounting, and strong IFRS knowledge along with

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• CA(SA), ACCA or CIMA qualification is a strong advantage.
• 3–5 years of experience in accounting, with property/real estate exposure.
• Proficiency in SAP, Oracle and Xero; strong Excel skills.
• Knowledge of IFRS and local regulations.
• Experience with lease accounting and property management software.
• Analytical, problem-solving and organizational skills.
• Excellent communication and interpersonal skills.
• Ability to work independently and in a hybrid environment.

Responsibilities

• Manage all aspects of property accounting including general ledger, A/P and A/R.
• Process rent collections, reconcile tenant accounts, and manage arrears.
• Prepare monthly, quarterly and annual financial statements and management reports.
• Assist in budgets and forecasts, analyzing variances.
• Reconcile bank statements and balance sheet accounts.
• Ensure compliance with accounting standards, tax regulations and leases.
• Liaise with external auditors during year-end audits.
• Assist in implementing and maintaining accounting systems and controls.
• Provide financial support and analysis to the property management team.

Skills

Analytical skills

Communication

Organizational skills

Detail-oriented

Team collaboration

Education

Bachelor's degree in Accounting/Finance

CA(SA)/ACCA/CIMA qualification

Tools

SAP

Oracle

Xero

Job description

About the Role

Our client, a dynamic property investment and management company, is seeking a diligent and experienced Property Accountant to join their finance team in Sandton, Gauteng . This role is essential for managing the financial operations of their diverse property portfolio, ensuring accuracy and compliance in all accounting matters. The ideal candidate will have a strong understanding of property accounting principles, experience with lease administration, and proficiency in accounting software. You will be responsible for tasks ranging from accounts payable and receivable to financial reporting and budgeting, playing a crucial role in the financial health and strategic decision-making of the company's assets in the bustling Sandton financial hub.

Key Responsibilities

• Manage all aspects of property accounting, including general ledger, accounts payable, and accounts receivable.
• Process rent collections, reconcile tenant accounts, and manage arrears.
• Prepare monthly, quarterly, and annual financial statements and management reports for properties.
• Assist in the preparation of property budgets and forecasts, analyzing variances.
• Reconcile bank statements, balance sheet accounts, and other financial data.
• Ensure compliance with all relevant accounting standards, tax regulations, and lease agreements.
• Liaise with external auditors during year-end audits.
• Assist in the implementation and maintenance of accounting systems and controls.
• Provide financial support and analysis to the property management team.

Requirements

• A Bachelor's degree in Accounting, Finance, or a related field.
• A professional qualification (e.g., CA(SA), ACCA, CIMA) is a strong advantage.
• Minimum of 3-5 years of experience in accounting, with specific experience in property accounting or real estate.
• Proficiency in accounting software (e.g., SAP, Oracle, Xero) and strong Excel skills.
• Solid understanding of IFRS and local accounting regulations.
• Experience with lease accounting and property management software is highly desirable.
• Excellent analytical, problem-solving, and organizational skills.
• Strong communication and interpersonal skills, with the ability to interact effectively with various stakeholders.
• Detail-oriented with a high degree of accuracy.
• Ability to work independently and as part of a team in a hybrid work environment.

Benefits

• Competitive salary and potential for performance-based bonuses.
• Hybrid working arrangement offering flexibility and work-life balance.
• Opportunities for professional development and career advancement within a growing company.
• Be part of a well-established and respected entity in the Sandton property sector.
• Contribute to the financial success of a significant property portfolio.