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Chief Financial Officer
1 week ago
Snatch | Accounting & Finance Headhunters is a leading provider of specialized fund administration services for private equity funds. We are currently seeking an experienced Senior Property Accountant to join our growing Cape Town team.
The successful candidate will be responsible for preparing and reviewing monthly financial statement packages, ensuring accuracy and completeness. They will also lead the in-depth review of general ledger, income statement, and balance sheet reconciliations.
Key Responsibilities:
- Prepare and review monthly financial statements, guaranteeing accuracy and completeness.
- Lead the thorough examination of the general ledger, income statement, and balance sheet reconciliations.
- Post journal entries to the general ledger and manage fixed asset depreciation and amortization.
- Oversee the review of variance commentary prepared by property management teams.
- Manage cash flow operations, ensuring timely payments for utilities, taxes, mortgages, and owner distributions.
- Oversee the review and posting of cash receipts and vendor invoice payments.
- Assist in audit processes, providing necessary documentation and explanations.
- Lead and mentor junior staff, training them on key accounting functions and industry-specific knowledge.
- Interact with property management teams and external clients to ensure expectations are met.
- Oversee vendor relationships, ensuring timely payments and proper accounting of invoices.
To be considered for this position, applicants must possess:
- A bachelor's degree in Accounting, Finance, or a related field.
- AGA (SA), CGMA, or Professional Accountant (SA) certification with 5+ years of PQE.
- CA (SA)'s with 2+ years of relevant PQE will also be considered.
- Accounting experience in real estate or fund administration services, with a solid understanding of property accounting.
- Proficiency in accounting software such as Yardi or similar real estate systems.
- Advanced Excel skills, including formula usage, pivot tables, and data analysis.