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Financial Accountant

1 month ago


Johannesburg, Gauteng, South Africa Red Ember Recruitment (PTY) Ltd Full time
About the Role

We are seeking an experienced Financial Accountant to manage our property portfolio, based at our client in Johannesburg CBD. As a key member of our team, you will be responsible for delivering high-quality financial reporting and analysis to support strategic decision-making.

The ideal candidate will have a strong background in accounting and finance, with a focus on property management. You will be confident in your ability to analyze complex financial data, identify trends, and provide actionable insights to stakeholders.

Key Responsibilities
  • Financial Reporting: Prepare and analyze monthly, quarterly, and annual financial reports for our property portfolio, including revenue analysis, cash flows, and variance analysis.
  • Budgeting and Forecasting: Collaborate with management to develop comprehensive property budgets and forecasts, monitoring actual performance against budgeted figures and providing detailed variance analyses.
  • Accounts Receivable Management: Oversee accounts receivable for the property portfolio, ensuring timely invoicing and rent collection, addressing outstanding receivables and resolving discrepancies effectively.
  • Lease Administration: Maintain up-to-date lease databases, accurately recording lease terms, rent escalations, and other critical lease transactions, calculating and processing tenant rent adjustments as necessary.
  • Cross-functional Collaboration: Work closely with the COO and the Management Accounts team to ensure smooth coordination on all financial matters related to property management.
  • Reconciliations: Conduct detailed reconciliations, analyzing expenses, tenant billings, and lease agreements to ensure financial accuracy and consistency with lease terms.
Requirements
  • A three-year Accounting Qualification.
  • A minimum of 5 years of experience in property accounting or real estate finance.
  • Proficiency in accounting software, with specific experience in Pastel and MDA Property Management Software, as well as advanced skills in Microsoft Excel.
  • Strong analytical and problem-solving abilities, with the capacity to interpret complex financial data and trends effectively.
  • Excellent written and verbal communication skills, with a professional demeanor for engaging with both internal and external stakeholders.
  • High attention to detail and a commitment to accuracy and integrity in financial reporting.
  • Ability to work both independently and collaboratively in a fast-paced and dynamic environment.

This is a challenging and rewarding opportunity to join our team and contribute to the success of our clients. We offer a competitive salary package, including R750,000 - R950,000 per annum, commensurate with experience, plus benefits.