Senior Accountant (Umhlanga)

Secondments; Durban; On-site; ZAR 400 000 - 600 000; Full time

Job summary

A leading property management company in Durban is looking for a financial professional with a BCom and 2-5 years of relevant experience. The candidate will manage financial reporting, budgeting, and audits. Proficiency in SAP and MS Office, especially Advanced Excel, is essential. Strong organizational and analytical skills are required to ensure financial integrity and compliance. This role involves client communication, report preparation, and maintaining data accuracy across financial processes.

Qualifications

• 2-5 years of relevant working experience in accounting or finance roles.
• Proficiency in SAP and Advanced Excel.
• Strong understanding of International Financial Reporting Standards (IFRS).

Responsibilities

• Provide management information and reports.
• Handle budget management and forecasting.
• Prepare audit packs and manage audit requirements.

Skills

Organizational abilities

Attention to detail

Analytical mindset

Interpersonal communication

Education

Minimum BCom with Accounting III

Tools

SAP

MS Office Suite

Job description

What you will bring

Inherent requirements for the position (non-negotiable)

• Minimum BCom with Accounting III
• At least 2-5 years of relevant working experience in accounting or finance roles, ideally within the property management or real estate industry.
• Proficiency in SAP and MS Office Suite, particularly Advanced Excel, Intermediate Word, and Outlook.

Additional demonstrable requirements:

• Strong organizational abilities with attention to detail.
• Proven ability to prioritize tasks and meet deadlines effectively.
• Experience in complex financial analysis and reporting.
• Thorough understanding of financial policies and procedures.
• Familiarity with capital expenditure processes and management.
• Proficient in tax principles, including VAT, and their application.
• Sound understanding of International Financial Reporting Standards (IFRS).
• Analytical mindset with a strategic approach to financial management.
• Strong interpersonal and communication skills for effective collaboration across teams.
• Commitment to maintaining confidentiality and integrity in financial matters.

What you will be doing

As an important member of our team, you will undertake a variety of responsibilities crucial to the smooth operation and financial oversight of our property management division. Key duties include:

Financial Reporting

• Provide Management information and reports,
• Communication with clients,
• Statutory reporting,
• Handling of queries relating to the financial reporting

Budgeting and Forecasting

• Budget management
• Coordination including the
• establishment of deviations
• Compilation, in conjunction with
• Business, of annual budgets
• Reporting on deviations
• Handling of queries
• Budget Class rates - Compare tariffs
• against budgets, Identify tendencies,
• Updating of tariffs.
• Amend monthly projections

Manage Audit requirements

• Handle queries on audit reports
• Preparation of audit packs
• Arrange audits as required

Manage Data Integrity

• Contracts check contract summary for accuracy
• Manage integrity of data
• Lease Audits

Balance sheet control

• Maintain General ledger account list
• Clearing of take on accounts
• Monthly reconciliations of all balance sheet items
• Maintain Intercompany loan account between the company and Client, invoicing & collection thereof
• Maintain fixed asset registers
• Follow up of long outstanding items
• Reporting on Balance sheet

Take on & Hand overs of buildings

• Capturing of take on balances
• Hand overs: Coordination of financial process

Attend monthly client meetings
Monthly feedback to management regarding the Management meeting.
Verify expenses against Project lists
Ensure use of correct accounts
Calculating and invoicing of management fee.
Review Commissions for accuracy & posting of batches

Legal Compliance

• Complete VAT returns
• Complete income tax returns (where necessary)

Manage of GPS sundry debtor (incl commissions)

Provide input in GPS property management budgets

Cash management

• Owner payments
• Cashflow recons