Financial Accountant for Property Investments

1 month ago


Cape Town, Western Cape, South Africa iGrow Wealth Investments Full time
Job Title: Financial Accountant for Property Investments

About the Role:

We are seeking a skilled Financial Accountant to manage our property investments. The successful candidate will be responsible for managing up to 1500 properties monthly payments, attending to all rental assist payments, obtaining monthly levy accounts, and loading onto PayProp for payment.

Key Responsibilities:

- Manage up to 1500 properties monthly payments
- Attend to all rental assist payments for allocated developments
- Obtain monthly levy accounts and load onto PayProp for payment
- Obtain monthly rates accounts and load onto PayProp for payment
- Obtain all water, refuse, sewerage accounts and invoice the tenant
- Load all maintenance invoices on PayProp
- Invoice any tenant penalties issued by the Body Corporate
- Determine what accounts are being paid for the landlord. Have those accounts redirected to IGrow and ensure the correct amounts are paid every month
- Send monthly statements to Landlord
- Send monthly statements and invoices to tenants
- Attend to monthly reconciliation of rental payments on allocated portfolio
- Attend to the monthly account payments for Investor
- Attend to and finalize all deposit refunds
- Deal with all client queries relating to the tenant and/or investor account
- Attend to deposit refund payments within 14 days
- Load deposit processing fee on deposit refunds
- Follow up on tenants in arrears as per strict process LOD on the 4th of every month
- Investors to be kept updated on late payments at all times
- Have an action plan in place to collect arrears
- Eviction instructions to be handed to attorney's obo owner if requested
- Download contracts expiring from PayProp according to 40/80 rule, negotiate renewals accordingly to ensure all invoices have been loaded
- When warning letters are received by Body Corporate, send to tenant, and keep track that it is followed up on
- Attend to problems with water and electricity accounts

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