Rental Accountant

Pro Select Consulting; Durban; On-site; ZAR 300,000 - 450,000; Full time

Job summary

A leading retail company in Durban is seeking a Retail Rental Accountant responsible for managing financial transactions and ensuring compliance with lease agreements. The role involves maintaining accounting records, processing payments, and preparing financial reports while adhering to financial regulations. Candidates should have 3-5 years of experience in accounting and lease administration, preferably in retail, alongside relevant professional certification.

Qualifications

• Minimum 3-5 years of experience in accounting and lease administration, preferably in retail.
• Professional certification is advantageous.

Responsibilities

• Manage financial records related to retail rental properties.
• Process and verify rental payments and resolve discrepancies.
• Assist in preparing budgets and analyzing rent variances.

Skills

Financial transaction management

Accounting accuracy

Lease compliance

Dispute resolution

Budget preparation

Education

Professional certification (e.g., CA, ACCA, CIMA)

Job description

About the job Rental Accountant

Our Client - a large retailer is recruiting for A Retail Rental Accountant to be responsible for managing financial transactions related to retail rental properties, ensuring accuracy in accounting records, and maintaining compliance with lease agreements.

Duties Include:

• Recording and maintaining lease agreements in accounting systems.
• Processing and verifying rental payments to landlords.
• Reconciling rent payments with lease agreements and financial statements.
• Investigating discrepancies in rental charges and resolving landlord disputes.
• Reviewing and reconciling service charges, common area maintenance (CAM) fees, and other operating costs.
• Ensuring accurate allocation of costs to store locations.
• Assisting in preparing rental expense budgets and forecasts.
• Analyzing rent variances and providing financial insights.
• Preparing rental expense reports and lease accounting schedules.
• Ensuring compliance with financial reporting regulations and internal policies.
• Assisting with audits related to lease and rental accounting.

Minimum 3-5 years of experience in accounting and lease administration, preferably in retail
Professional certification (e.g., CA, ACCA, CIMA) (advantageous)