An industrial property company is looking for an experienced Financial Accountant that has strong financial acumen and excellent leadership capabilities.
Please email application through to sharonsmit@armstrongappointments.com
Main job function
Duties & Responsibilities
Prepares monthly financial reports.
Reviews Balance Sheets and Income Statements per property to verify account balances and reasonable revenue and expense amounts.
Ensures accuracy of all general ledger information
Ensures that all property and tenant information is up to date and correct through lease interpretation and cross-referencing against other property information
Assists in the preparation of quarterly and annual recoverable charges reconciliation.
Performs quarterly reconciliations and assembles the necessary detail and back-up for the tenants.
Preparation of annual budgets
Review of budget performance
Monthly review and monitoring of actuals against budgets
Report on actual performance against budgets
Prepares monthly management reports, including budget, payroll, insurance and tax information.
Ensures reports/documents are forwarded to auditors and maintains applicable documentation.
Informs management as to any discrepancies or any other problem areas that may exist that arise from the audit.
Ensure updated and accurate information and reports are generated on MDA and submitted to Management.
Provide analytical reports and schedules.
Prepare monthly statements by collecting data, analysing, and investigating variances, summarising data.
Respond to financial enquiries by gathering, analysing summarising, and interpreting data.
Prepare specialised reports by studying variances, preparing budgets, and developing forecasts.
Ensure monthly billings are executed.
Supervising and signing off on creditors and debtors
Monthly reconciliations of general ledger accounts
Supervising and managing the Finance department and assuming accountability for the execution of their task and responsibilities
Reviewing monthly VAT Returns and reconciliations
Monthly bond reconciliation to statement
Monthly group loan reconciliation (including interest calculations)
Monthly income and expenditure variance analysis as well as investigation of large variances
Reconciliation of debtors and creditors general ledger to age analysis
Assistance with budget preparation
Assistance with monthly management accounts and interims
Preparation of the general ledger accounts
Preparation and interpretation of annual financial statements and cash flows
Preparation of current and deferred tax computations
Reconciliation of general ledger accounts to supporting schedules
Preparing fixed asset registers
Preparing bank reconciliations
Reconciling long term borrowings and instalment sale agreements to amortization schedules, correctly accounting for finance and bank charges
Assist external auditors during the audit.
Will report directly to the CEO, CFO and MD
Meets Accounting Department calendar deadlines.
Assists Accountant(s) with preparation of monthly funding requests.
Makes bank deposits as required.
Assists with preparation of bank reconciliations.
Assists with the preparation of business plans and special projects.
Other related duties may be assigned as necessary.
Improves process related to above duties and responsibilities.
Qualification
Qualification
Bachelor of Commerce in Accounting or other relevant Accounting Degree
Experience/Criteria
MDA experience will be advantageous.
Minimum of 3 years of experience within the property/construction sector is preferential.
Minimum of 5 years of managerial experience is mandatory.
Working knowledge of GAAP and financial reporting
Skills
Excellent understanding of accounting principles
Strong leadership skills
Excellent verbal and written communication skills
Excellent organizational skills
Attention to details and accuracy.
Flexible outlook toward task management
Ability to work under pressure and in a fast paced and highly stressful environment.
A Consultant will be in touch if you are shortlisted for the position. Please consider your application unsuccessful should you not have been contacted within 2 weeks. We will keep your CV on our database and contact you should you match the criteria of any other vacancies.
