Portfolio Accountant

About the position

We are seeking a Portfolio Accountant to Maintain accurate and complete General Ledgers with responsibility for related accounting functions and staff where necessary.
REQUIREMENTS

• Matric (Must)
• 3-5 years’ relevant experience as an Accountant
• B.Com Honours or a minimum of a Bachelor’s degree in Accounting
• SAICA Articles plus 2 years post articles in a accounting or related role
• Audit experience will be an added advantage.
• Financial statements preparation in accordance with IFRS is mandatory.
• To perform this job successfully, an individual should have extensive knowledge.
• Of Computer Skills: Microsoft Word; Excel; accounting software; and MS Office

DUTIES

• Ensure that accurate and complete general ledgers are maintained.
• Ensure that general ledger accounts are reconciled on a monthly basis and that reconciling items are cleared timeously.
• Review bank reconciliations on a monthly basis.
• Monthly reconciliation and confirmation of intercompany loan accounts if applicable.
• Maintenance of the Fixed Asset Register including the following:
• the allocation and addition of Fixed Assets
• monthly generation of depreciation
• reconciliation of the fixed asset clearing account
• reconciliation of the fixed asset register to the general ledger in Great Plains
• Preparation and timely submission of monthly Vat returns via e-filing by the 25th of each month
• for the respective entities making up the specific portfolio
• Reconciliation of the vat clearing account
• Follow up on outstanding refunds
• Processing of tenant deposit refunds and appropriations.
• Calculation of collection commission per the rent roll.
• Ensuring that the Debtors Clearing account is reconciled and cleared on a regular basis.
• Update and distribute the monthly cut-off schedule.
• Identify depreciable assets from the Capex and Tenant Installation accounts.
• Prepare monthly journals as required including: pro rata allocations of interest & bank charges, net income distributions and capex claims.
• Prepare monthly financial packs for external clients and balance cash flow documents and supporting schedules.
• Preparing weekly cash flow statements, and controlling expenditure and cash flow
• All responsibilities associated with being a cheque signatory.
• Review the ledgers and identify monthly accruals.
• Assist in ensuring that controls and procedures are adhered to and identify control weaknesses that may require additional controls to be implemented.
• Provision of accounting and administrative assistance as and when required.
• Assist property managers with finance related issues relating to the property portfolio under management.
• Discuss monthly accruals with property managers and ensure that the necessary amendments are done to accurately reflect the financial status of the buildings;
• Timeously prepare preliminary financial statements and advise property managers when ready.
• Review preliminary financial statements per building and assess holistically whether recurring entries has been captured.
• Prepare Financial Statements in accordance with International Financial Reporting Standards (IFRS).

Desired Skills:

• IFRS Compliance
• Financial Reporting
• General Ledger Management