PwC SATIC Property Accountant(Talent pool)

PwC South Africa; Johannesburg; On-site; ZAR 350,000 - 600,000; Full time

Job summary

Join a leading consulting firm as a Property Accountant, contributing to service charge and rent management for various properties. This dynamic role requires strong financial expertise and analytical skills to ensure financial accuracy and compliance with relevant property laws.

Qualifications

• Bachelor’s degree in accounting or related.
• 3+ years' experience in property accounting.
• Knowledge of South African property laws.

Responsibilities

• Prepare and manage service charge budgets.
• Oversee rent collection process and maintain records.
• Conduct financial analysis for property performance.

Skills

Analytical skills

Problem-solving

Communication

Education

Bachelor’s degree in accounting, Finance, or related field

Tools

Accounting software

Microsoft Excel

Job description

PwC SATIC Property Accountant(Talent pool)

PwC SATIC Property Accountant(Talent pool)

South Africa Technology & Innovation Centre (SATIC) is the latest addition to the PwC global technology delivery network. PwC leads the way in human led, technology enabled professional services, working with clients to transform their business and make them fit for the future. We are seeking a dynamic and visionary leader who brings in-depth market experience, who sees technology as a way to enable and drive human innovation and who wants to lead, develop and bring together a community of solvers, to tackle the biggest challenges in society.

If you are looking for a career where every day is different, where challenges are complex and where you can make a real difference, then we want to hear from you. By choosing to join the SATIC, you are choosing to work with and lead teams across territories, harnessing the power of world leading tech and making a difference to real people’s lives.

As the Property Accountant of SATIC, you will need to meet the following requirements:

Qualifications / Certifications required:

• Bachelor’s degree in accounting, Finance, or related field.

Experience required:

• Proven experience in property accounting or real estate finance.
• 3+ years' experience in property accounting or real estate finance

Responsibilities of role:

Service Charge Accounting:

• Assist in the preparation and management of service charge budgets for properties, ensuring accurate forecasts for maintenance, utilities, and other communal costs.
• Monitor and record expenses related to service charges, ensuring they remain within budget and are appropriately allocated.
• Conduct reconciliations of service charge accounts to ensure all payments and receipts are accurately recorded and discrepancies are addressed.
• Prepare detailed financial reports on service charge expenditures and income for stakeholders, such as landlords and tenants.
• Coordinate with auditors to facilitate the review and audit of service charge accounts, providing necessary documentation and explanations.

Rent Arrears Management:

• Oversee the rent collection process, ensuring timely payments are made by tenants, and address any payment issues promptly.
• Maintain detailed records of rent arrears, including aging reports to identify overdue accounts and prioritize follow-ups.
• Communicate with tenants who are behind on their rent to negotiate payment plans and resolve outstanding balances.
• Collaborate with legal teams to initiate proceedings against tenants with significant arrears and enforce collection policies.
• Develop and implement payment plans for tenants in arrears and monitor their compliance with these arrangements.

General Property Management Accounting:

• Maintain accurate ledgers and accounting records for all property-related financial transactions.
• Conduct financial analysis to assess the performance of property investments and operational costs.
• Generate invoices for tenants for rent and service charges, ensuring accurate billing and timely distribution.
• Manage cash flow to ensure sufficient funds are available for property operations and maintenance.
• Track inventory and assets related to property management, including equipment and supplies.

Desirable skill sets include:

• Proficiency in accounting software and Microsoft Excel.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal abilities.
• Knowledge of South African property laws and financial regulations

Role related attributes:

• Problem-Solving and Ad Hoc Queries
• Accounting Knowledge
• Process Improvement
• Collaboration and Teamwork
• Self-Management
• Agility and Adaptability

Industry experience required:

Applying to a Talent Pool vacancy means you're expressing interest in future opportunities within our organization—even if there isn’t an immediate opening. By joining the Talent Pool, you become part of a select group of candidates who are pre-screened and prioritized for upcoming roles that match your skills and experience.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing, Project Management, and Consulting

• Industries

  Business Consulting and Services

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