Job Title : Financial Manager – Residential Property Management
BENONI
Job Purpose
To lead and manage the finance function of a residential property management agency, overseeing all financial operations across body corporates and homeowner associations. This includes budgeting, levy processing, reporting, banking control, staff management, onboarding new portfolios, professional communication, and audit coordination — all delivered within defined timeframes and governance requirements. A critical aspect of the job is to provide support to operations (i.e. portfolio and estate managers) as well as other departments in the company.
Key Responsibilities
Financial Operations
Manage debtors, creditors, general ledger, account reconciliations, and age analysis
Administer levy runs using complex Excel models tailored to individual schemes
Validate uploaded rates, charges, and usage data across body corporates and HOAs
Ensure all financial transactions are accurately processed via dedicated property management software using imported Excel spreadsheets for billing and reconciliation workflows
Load and authorise payments on banking platforms including FNB 3PIM, Enterprise, and others
Maintain strict control over user permissions and authorisation levels across financial systems
Plan, track, and ensure completion of month-end, quarter-end, and year-end tasks within set deadlines
Budgeting & Financial Reporting
Prepare and present scheme-specific budgets in collaboration with trustees, portfolio and estate managers
Compile monthly, quarterly, and annual financial reports (income statement, balance sheet, variance analysis, cash flow) as required
Interpret and communicate financial data to support governance decisions and operational planning.
Ensure that all financial transactions are accurately recorded, documented, and analysed in accordance with generally accepted accounting principles (GAAP) or International Financial Reporting Standards (IFRS)
Managing the budgeting and forecasting process to support strategic planning and decision-making within the organization
Assessing and implementing internal controls, processes, and systems to improve the efficiency, accuracy, and reliability of the accounting function.
Monitor and analyse financial data to identify variances, trends, and areas for improvement, and providing insights and recommendations to management.
Audit & Compliance
Support external auditors by preparing documentation, reconciliations, and historical records
Ensure full compliance with STSMA, Companies Act, and applicable HOA governance structures
Maintain internal controls and documentation systems that support transparency and audit readiness
Keep abreast of changes in accounting standards, regulations, and reporting requirements, and ensure that the company remains compliant with all relevant financial regulations
Keep abreast of fraud related activities to ensure policies and procedures are to combat fraud are kept up to date
Supervise and mentor accounting staff across bookkeeping, data entry, payments, and reporting functions
Conduct regular training on property management systems, reconciliation methods, regulatory frameworks and all other activities
Establish performance metrics and accountability reviews aligned with financial deadlines
Ensure team deliverables are coordinated and tracked to maintain operational flow
Manage financial onboarding of new property portfolios within agreed deadlines
Liaise with outgoing managing agents to secure and integrate historical financial records
Facilitate stakeholder communication during onboarding phases, ensuring smooth financial transitions
Managefinancial offboarding of other managing agents taking over a IM scheme
Develop strong relationships and support with portfolio managers, estate managers, compliance teams, and administrative departments
Participate in strategic planning to align financial operations with broader property management objectives
Share financial insights and recommendations across departments to support operational efficiency
Stakeholder Communication
Professionally liaise with trustees, directors, auditors, attorneys, accountants, and homeowners
Prepare and review financial statements, including balance sheets, income statements, and cash flow statements, to provide accurate and timely financial information to external stakeholders
Provide financial updates, respond to queries, and communicate decisions clearly and diplomatically
Ensure all stakeholder interactions are documented and handled with accuracy, professionalism, and legal clarity
Develop and maintain strong relationships with banks, financial institutions, and other relevant external partners to support the company’s financial operations.
Experience using property management software for financial transactions and reporting
Strong understanding of digital banking platforms and authorisation protocols
Excellent leadership and planning skills with a proven ability to manage deadlines and team output
Professional stakeholder engagement and cross-functional collaboration abilities
Qualifications & Experience
Bachelor’s degree or similar diploma in Accounting, Finance, or related field
Minimum 5 to 10 years'' experience in property finance with focus on body corporates and HOAs
Familiarity with property management software and levy automation systems
Proven success in team management, financial reporting, audit preparation, and stakeholder relations
Financial Manager • Johannesburg, South Africa
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.