Financial Controller

About the position

Our client is an urban property developer, who focuses on urban apartment living in the Atlantic Seaboard and City Bowl of Cape Town. They are seeking a Financial/Reporting Controller to join their team.
KEY FOCUS AREAS:
FINANCIAL FEASABILITIES & ANALYSIS

• Analysing Project financial feasibilities and profit returns
• Calculating Project interest rolls
• Mapping out Project funding split, raise targets & pre-sale targets
• Analysing Project IRR’s and Net profit returns
• Analysing Project costing efficiencies

OPERATIONAL

• Cash Flow Management (Daily updates, Budget vs Actual tracking, driving key cash flow items)
• Cash Flow forecasting for Projects and Group
• Project Bank draw recons and submissions
• VAT facility recons & VAT submissions reviews
• Revenue forecasting and tracking
• Overhead budgeting and tracking
• Tax related matters when applicable
• New entity set-up - from a SARS, Accounting package and CIPC perspective
• Legal agreement implementation and review

SECRETARIAL

• Booking shareholder meetings
• Compiling meeting agenda’s and minutes

ACCOUNTING

• Audit oversight and management
• Overseeing complete and accurate trial balances
• Accounting system changes and improvement implementation
• Focusing on efficiencies
• Developing and implementing smart & live reporting
• Reconciling Sales system and Accounting system
• Reconciling 3rd party platform reports and providing sales splits
• Review of payroll
• Posting sales, interest and transfer journals

REPORTING & PACK CREATION

• Leadership reporting
• Management Reporting
• Shareholders Reporting
• Project Reporting
• Bank funding pack creation
• Project reconciliations between departmental reports
• Viability updates

OTHER

• Providing support where applicable to the Finance Director and Financial Manager
• General ad hoc duties as the company sees fit

IDEAL QUALIFICATIONS:

• 3-5 years’ experience in a similar role
• Degree in Finance or Accounting non-negotiable
• Xero and Syft accounting software experience non-negotiable
• CA (SA) or CIMA qualification preferred
• Construction related experience preferred
• Must love a fast-paced, dynamic environment
• A highly-organised individual who is responsible to manage tasks on their own
• Hard-worker, efficient, deadline focused, high attention to detail and strong ability to self-review work
• Incredibly neat and have extensive experience with reporting pack compilations
• Must be good with people and work well in a team
• Proficient in Microsoft 365 suite (Outlook, Teams, Office)
• Strong Microsoft Excel skills(pivot tables, vlookups, complex if formulas)

Desired Skills:

• Financial analysis and reporting
• Accounting
• Administration