Senior Accountant

1 week ago

Cape Town, Western Cape, South Africa Blok Full time R90 000 - R120 000 per year

About us:

Blok is not just an urban property developer. We are an advocate of urban living and the opportunities it presents, Blok operates through thoughtfully designed product, community and customer experience. We see things differently and this allows us to look at our property market differently.

Everything we do needs to be excellent, not just good or good enough. We are individuals with strong opinions, but not opinionated. We are passionate, not pushy or arrogant. We love what we do and work as a team.

Blok focuses on urban apartment living in the Atlantic Seaboard and City Bowl of Cape Town.

Role Overview:

The Senior Accountant is responsible for full-function accounting across multiple entities within the group, ensuring accurate reporting, strong control environments, and efficient financial operations. This role requires advanced technical capability, strong analytical skills, and the ability to work across SPVs, development entities, and operational companies.

You will work closely with the Group Finance Manager and supervise junior staff while contributing to robust financial management across the organisation.

Key Responsibilities:

1.Payment Processing & Cash Management

  • Review supplier reconciliations for mid-month, month-end, and ad-hoc payments
  • Review and authorise beneficiaries
  • Process drawdowns (Investec) and Forex payments (FNB)
  • Oversee project payment cycles and ensure timeous submission
  • Cash flow oversight across entities

2.Revenue & Billing

  • Update brokerage and project billing schedules
  • Prepare new project billing frameworks
  • Review STL, leasing, ad-hoc, and tenant billing
  • Prepare intercompany loan interest journals
  • Support revenue reconciliation and month-end close

3.VAT Compliance

  • Prepare and review VAT workings
  • Submit VAT payments for approval
  • Ensure compliance across all statutory entities

4.Audit & Independent Reviews

  • Full ownership of the audit cycle per entity
  • Prepare audit files and supporting schedules
  • Resolve queries and process audit journals
  • Review drafted AFS

5.Month-End Close & Reporting

  • Review TBs, reconciliations, control accounts, and balance sheet movements
  • Prepare monthly accruals and recurring journals
  • Review debtor/creditor age analyses and facility statements

6.Transfers & SPVs

  • Prepare unit transfer schedules
  • Review transfer billing
  • Process reallocation journals and completion cost adjustments

7.Xero Administration

  • Add new entities and maintain system structures
  • Set up users, templates, GL codes, and tags

8.SARS eFiling

  • Manage profiles, add entities/users, update banking details
  • Request new tax types

Qualifications:

  • BCom Accounting / BCompt or equivalent (Accounting III + Taxation essential)
  • Minimum 6 years' accounting experience
  • Experience in SPVs, property development, or audit practice highly advantageous
  • Supervisory experience beneficial

Skills & Competencies:

  • Strong technical accounting and taxation knowledge
  • Advanced Excel and financial systems capability
  • Ability to supervise junior finance staff
  • High accuracy and attention to detail
  • Excellent problem-solving and time-management skills
  • Ability to work under pressure in a deadline-driven environment

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