Financial Accountant (Property Ind)

Job Description
We are seeking a skilled and experienced Financial Accountant to join our property management team. As a Financial Accountant, you will be responsible for overseeing the financial operations and reporting for our property portfolio. The ideal candidate should have a relevant tertiary qualification and possess in-depth knowledge and experience with the MDA Property Management System. This position requires a minimum of 3 years of experience in a similar role within the property industry.

Financial Management:

1. Manage all financial aspects of the property portfolio, including budgeting, forecasting, and financial analysis.
2. Ensure accurate and timely recording of financial transactions related to property acquisitions, disposals, and leases.
3. Monitor and manage cash flows, ensuring sufficient liquidity for property operations.
4. Conduct regular financial reconciliations and audits to ensure data accuracy.
5. Provide financial insights and recommendations to senior management for decision-making purposes.

Financial Reporting:

1. Prepare and analyze monthly, quarterly, and annual financial reports for the property portfolio.
2. Ensure compliance with accounting principles, standards, and regulations.
3. Generate financial statements, including balance sheets, income statements, and cash flow statements.
4. Present financial reports to management and stakeholders, highlighting key findings and trends.
5. Collaborate with external auditors during the annual audit process.

MDA Property Management System:

1. Utilize and maintain the MDA Property Management System to manage financial operations efficiently.
2. Ensure accurate data entry and management within the system, including property valuations, rental income, expenses, and tenant records.
3. Provide training and support to team members on the effective use of the MDA system.
4. Identify opportunities for system enhancements or improvements and collaborate with IT teams to implement necessary changes.

Compliance and Regulations:

1. Stay up-to-date with relevant accounting regulations, industry standards, and best practices.
2. Ensure compliance with tax regulations, property laws, and other financial obligations.
3. Prepare and submit statutory financial reports, ensuring accuracy and timeliness.
4. Collaborate with legal teams to review and execute property-related contracts and agreements.

Stakeholder Management:

1. Collaborate with property managers, leasing teams, and other stakeholders to ensure accurate financial data and reporting.
2. Provide financial guidance and support to stakeholders, answering queries and addressing concerns.
3. Participate in meetings and presentations to discuss financial performance, projections, and strategies.

SARS Management:

1. Complete and Submit VAT on e-filing.
2. Complete and Submit IT 14.
3. Calculate Provisional Tax.
4. Deal with SARS queries.

Requirements

1. Bachelor's degree in Finance, Accounting, or a related field. (A relevant tertiary qualification is mandatory.)
2. Minimum of 3 years of post-articles experience in a financial accounting role within the property industry.
3. MDA experience essential.
4. IFRS reporting essential.
5. Strong understanding of accounting principles, financial analysis, and reporting standards.