Portfolio Accountant

5 days ago


Randburg, Gauteng, South Africa Flair TM Full time
Job Title: Portfolio Accountant

We are seeking a highly skilled and detail-oriented Portfolio Accountant to manage accurate and complete general ledgers and financial reporting for our client's portfolio. This role involves overseeing related accounting functions and staff as needed.

Key Responsibilities:
  • Payment Management:
    • Prepare and submit monthly VAT returns via e-filing by the 25th of each month for clients under management.
    • Reconcile the VAT clearing account.
    • Ensure signed financial statements are received and retained on file.
    • Fulfill responsibilities associated with being a cheque signatory.
    • Review ledgers and identify monthly accruals.
    • Ensure adherence to controls and procedures, identifying and addressing control weaknesses as needed.
  • Accounting and Administrative Assistance:
    • Provide accounting and administrative support as required.
    • Assist property managers with finance-related issues for the property portfolio under management.
    • Discuss monthly accruals with property managers and ensure necessary amendments are made to accurately reflect the financial status of the buildings.
    • Prepare preliminary financial statements in a timely manner and advise property managers when they are ready.
    • Review preliminary financial statements for each building and assess whether recurring entries have been captured.
  • Financial Reporting:
    • Prepare monthly and ad-hoc journals as required.
    • Create monthly financial packs for all clients, balancing cash flow documents and supporting schedules.
    • Prepare year-end packs for submission to external auditors.
    • Liaise with external auditors, providing supporting documentation and assistance with audit queries.
    • Submit and pay income tax, ensuring all audit adjustments are processed and align with financial statements.
    • Ensure year-ends are finalized once audits are complete.
Qualifications:
  • Education:
    • B.Com Honours or a minimum of a Bachelor's degree in Accounting (B.Com).
  • Experience:
    • Minimum of 3-5 years relevant experience as an Accountant.
    • Audit experience is advantageous.
  • Skills:
    • Extensive knowledge of Microsoft Word, Excel, accounting software, and MS Office.
    • Working knowledge of Sectional Title and Home Owner Association requirements.
    • Ability to follow up on outstanding refunds and provide/upload documentation during SARS audits.
    • Experience in processing tenant deposit refunds and appropriations.
    • Proficient in calculating collection commissions per the rent roll.
    • Ensure regular reconciliation and clearing of the Debtors Clearing account.
    • Update and distribute the monthly cut-off schedule.


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