POSITION: Portfolio Accountant
LOCATION: Sandton
EE: Open to all

PURPOSE OF JOB
Maintain accurate and complete General Ledgers and Financial Reporting with responsibility for related accounting functions and staff where necessary.

KPA KPI

Payment Management

• Preparation and timely submission of monthly Vat returns via e-filing by the 25th of each month:

• for clients under management
• Reconciliation of the vat clearing account
• Follow up on outstanding refunds.

• Providing and uploading documentation and information requested when SARS audits are conducted.
• Processing of tenant deposit refunds and appropriations.
• Calculation of collection commission per the rent roll.
• Ensuring that the Debtors Clearing account is reconciled and cleared on a regular basis.
• Update and distribute the monthly cut-off schedule.

General

• Preparation of monthly and ad hoc journals as required Preparation of monthly financial packs for all clients and balance cash flow documents and supporting schedules.
• Prepare year -end packs for submission to external auditors.
• Liaising with external Auditors during the audit and providing supporting documentation and assistance with audit queries
• Submission and payment of income tax
• Ensuring all audit adjustments are processed and in line with financial statements.
• Ensuring year ends are run once audits are finalized.

 

• Ensuring that signed Financials have been received and are retained on file.
• All responsibilities associated with being a cheque signatory.
• Review the ledgers and identify monthly accruals.
• Assist in ensuring that controls and procedures are adhered to and identify control weaknesses that may require additional controls to be implemented.
• Provision of accounting and administrative assistance as and when required.
• Assist property managers with finance related issues relating to the property portfolio under management.
• Discuss monthly accruals with property managers and ensure that the necessary amendments are made to accurately reflect the financial status of the buildings.
• Timeously prepare preliminary financial statements and advise property managers when ready.
• Review preliminary financial statements per building and assess holistically whether recurring entries have been captured.

SKILLS AND COMPETENCIES ESSENTIAL TO THE POSITION
Achievement orientation

• The ability to identify opportunities to earn fees while adding value to the client.

Computer skills

• Proficient in the full MS Office suite

General

• Ability to assist with the preparation of a budget and manage invoicing

QUALIFICATIONS AND EXPERIENCE
Qualifications

• B. Com Honors 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 will be an added advantage.
• To perform this job successfully, an individual should have extensive knowledge of Computer Skills: Microsoft Word; Excel; accounting software; and MS Office
• Working knowledge of Sectional Title and Homeowner Association