Accountant CA SA

About the position

Property Accountant

Job Description

The Property Accountant is responsible for the end-to-end accounting of a designated portfolio of properties. This includes the accurate recording and reconciliation of operational property transactions, vendor payments, municipal charges, and expenses associated with the properties. The Property Accountant works closely with Financial Managers and property teams to ensure the financial integrity of the assigned portfolios and alignment with internal controls. This role involves a range of accounting responsibilities, including journal entry preparation, bank reconciliations, age analysis, and financial reporting.

Key Responsibilities:

• GL Maintenance, Reporting and Reconciliations

• Prepare and maintain the general ledger (GL), ensuring accurate and timely recording of all financial transactions

• Prepare and post journal entries to the GL, ensuring accurate and timely recording of financial transactions
• Prepare and deliver various accounting reports and supporting schedules, including balance sheets and income statement schedules
• Maintenance of monthly balance sheet reconciliations
• Prepare and reconcile inter-company loan accounts, ensuring accurate and timely recording of inter-company transactions
• Manage the accounting and reconciliation of letting commissions, ensuring accurate recording and payment
• Maintain monthly balance sheet reconciliations, ensuring that all accounts are accurately reconciled and discrepancies addressed
• Prepare age analysis reports for debtors and creditors, identifying overdue accounts and taking appropriate action to manage outstanding balances
• Conduct detailed reconciliations and analysis, such as resolving issues on debtors' accounts and preparing bond account reconciliations

• Prepare shareholder loan schedules and reconciliations and reconcile inter-company loan accounts

• Cashbook Related

• Prepare and sign-off monthly bank account reconciliations, ensuring all transactions are recorded accurately and discrepancies resolved

• Check cashbooks on a daily basis to ensure correct allocations

• Capture cashbook entries

• Compliance

• Assist in the preparation for the year-end audits, ensuring all necessary documentation and reconciliations are completed and available for auditors

o Address audit information requests and queries in a timely manner

• Daily Operations

• Check cashbooks on a daily basis to ensure correct allocation of transactions and maintain accurate financial records

• AP Support with Supplier invoices for payment listing.
• Process and reconcile supplier invoices related to property operations, including:

o Municipal utilities (water, electricity, refuse, sewerage)

o Security, cleaning, landscaping, and maintenance services

o Building repairs and capital improvements

• Process Efficiency and Automation

• Create efficiencies through the implementation of automated processes and procedures, continuously seeking opportunities to streamline applicable accounting processes

Requirements

Must be a South African Citizen

Must be willing to work onsite in Office

Bachelor's degree in Accounting or Finance (or in progress)

Minimum 2 years of accounting experience (property experience advantageous)

Experience with municipal utility accounting and operational property transactions

Strong Excel skills (pivot tables, lookups, reconciliations)

Experience with property finance systems (e.g. MDA, MRI)

Benefits

Basic Salary

Provident Fund and Group Risk cover (post probation)

Desired Skills:

• CIMA
• SAIPA
• PROPERTY ACCOUNTANT
• Preparation of annual accounts
• FINANCIAL REPORTING
• PROPERTY EXPERIENCE
• BALANCE SHEET RECONCILLLATIONS
• GENERAL LEDGER C
• CASHBOOK

Desired Work Experience:

• 2 to 5 years Financial / Project Accounting

Desired Qualification Level:

• Degree