Portfolio Accountant

Purpose of the Job:

Maintain accurate and complete general ledgers with responsibility for related accounting functions and staff where necessary.

Key Responsibilities:

General Accounting:

• Ensure accurate and complete general ledgers.
• Reconcile general ledger accounts monthly and clear reconciling items promptly.
• Review bank reconciliations monthly.
• Reconcile and confirm intercompany loan accounts.
• Maintain the Fixed Asset Register, including allocation, addition of fixed assets, monthly depreciation, and reconciliation to the general ledger.
• Prepare and submit monthly VAT returns via e-filing by the 25th of each month.
• Process tenant deposit refunds and appropriations.
• Calculate collection commission per the rent roll.
• Reconcile and clear the Debtors Clearing account regularly.
• Update and distribute the monthly cut-off schedule.
• Identify depreciable assets from Capex and Tenant Installation accounts.
• Prepare monthly journals, including pro rata allocations of interest and bank charges, net income distributions, and capex claims.
• Prepare monthly financial packs for external clients and balance cash flow documents and supporting schedules.
• Prepare weekly cash flow statements and control expenditure and cash flow.
• Review ledgers and identify monthly accruals.
• Ensure adherence to controls and procedures, identifying and implementing additional controls as needed.
• Provide accounting and administrative assistance as required.
• Assist property managers with finance-related issues for the property portfolio under management.
• Prepare preliminary financial statements and advise property managers when ready.
• Review preliminary financial statements per building and ensure recurring entries are captured.
• Prepare financial statements in accordance with International Financial Reporting Standards (IFRS).

Skills and Competencies:

• Strong communication skills (both written and verbal).
• Innovative thinking and ability to follow processes.
• Dynamic and enthusiastic.
• Professional interaction with individuals at all levels.
• Decision-making ability.
• Competent time management skills.
• Professional attitude, capability, and personal initiative.
• Ability to work independently.
• Analytical mind with a keen eye for detail.

Qualifications and Experience:

Qualifications:

• Matric (Must).
• BCom Honours or a minimum of a bachelor’s degree in accounting.
• SAICA Articles plus 2 years post-articles in an accounting or related role.

Experience:

• 3-5 years’ relevant experience as an Accountant.
• Audit experience is an added advantage.
• Experience in preparing financial statements in accordance with IFRS.
• Extensive knowledge of computer skills, including Microsoft Word, Excel, accounting software, and MS Office.