Strategic Financial Accountant for Land Development

7 days ago


Durban, KwaZulu-Natal, South Africa HR Genie Full time
About the Role

As a key member of our Finance team, you will play a critical role in ensuring the financial health and stability of our Property business.

Main Responsibilities:
  • Enforce and monitor compliance with group-wide policies, corporate governance principles, and tax legislation.
  • Prepare accurate and timely financial information to support monthly management accounts reporting.
  • Capture creditors' invoices on the system by querying information, seeking confirmation or supporting documentation, posting the invoices, interacting, and making information available, and receiving and routing mail to the relevant department for attention.
  • Provide effective and efficient support to internal stakeholders.
  • Utilize the ERP system effectively and maintain its integrity.
  • Prepare project accounts and act as the financial custodian for designated projects.
  • Interpret feasibilities for development projects and prepare budget/forecast information.
Key Performance Indicators (KPIs):
  • Month-end financial process completion for the Property operation, including division and subsidiaries.
  • Daily bank statement posting and related procedures.
  • Reconciliation of payments and intercompany reconciliations.
  • Bank reconciliations (multiple).
  • Processing creditor's invoices onto the system, following up on outstanding queries, and resolving discrepancies.
  • Preparing monthly reporting schedules and analyses.
  • Providing explanations for material variances in actual results to budgets and forecasts.
  • Preparing monthly reconciliations of general ledger accounts (fixed assets, debtors, and creditors) and resolving outstanding issues in a timely manner.
  • Preparing inputs to ensure correct cost allocation to various land development projects.
Requirements:
  • High school diploma required; degree in finance or accounting preferred.
  • A minimum of 5 years of experience in financial accounting and analysis, preferably in the property industry.
  • Strong knowledge of financial software applications, particularly SAP.
  • Excellent analytical and problem-solving skills.
  • Strong communication and interpersonal skills.
  • Ability to work accurately under pressure and meet deadlines.
Salary Range:

We offer a competitive salary range of $80,000 - $110,000 per annum, depending on experience.

The estimated annual salary is around $95,000 based on national averages.



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