Property Accountant (Ftc)

Details of the offer

Reporting to the Finance Manager of the Property business, this is a key role player in the financial accounting and payments aspects of the business. The main responsibilities include: Assist with enforcing and monitoring compliance with group-wide policies and procedures, corporate governance principles and tax legislation. The preparation of accurate and timely financial information to support monthly management accounts reporting. The capturing of creditors' invoices on the system by querying information, seeking confirmation or supporting documentation, posting the invoices, interacting and making information available, and receiving and routing mail to the relevant department for attention. Provides effective and efficient support to internal stakeholders Effective use and maintenance of the ERP system. Prepare project accounts and act as the "financial custodian" for all designated projects Able to interpret feasibilities for development projects and prepare budget/forecast information Key Responsibilities Responsible for the month-end financial process for the Property operation (incorporating its division and subsidiaries), including: - Processing journal entries necessary to maintain the general ledger and prepare trial balances. - Daily posting of bank statements & related procedures - Reconciliation of payments & intercompany reconciliations - Bank reconciliations (multiple) - Processing creditor's invoices onto the system, following up on outstanding queries, and resolving discrepancies. - Preparing monthly reporting schedules and analyses. - Providing explanations for material variances in actual results to budgets and forecasts. - Prepared monthly reconciliations of general ledger accounts (fixed assets, debtors, and creditors reconciliations) and resolved outstanding issues in a timely manner. - Preparing inputs to ensure correct cost allocation to various land development projects. Project Reporting Month-end reporting process for all projects/precincts Prepare the monthly precinct budget and variance reports. Responsible for Joint Venture (JV) management accounts which are sent to JV partners. Responsible for cost adjustment calculations within projects. Manage the Infrastructure Provision accounting including the discounting and NPV of the Obligation Manage the Gross Profit Reporting of each precinct and potential impairment of the capitalized infrastructure Support the development manager and ongoing review of forecasting models for project/precinct reporting Responsible for producing Project reports monthly Guide development executives in determining how cost allocations should be done for each development. Responsible for the financial reporting requirements of the Property business, including: - Assisting with the preparation, coordination, and reporting requirements of the group's requirements for annual budgets, forecasts, and business plans. - Maintaining and updating the budgets and forecasts in the SAP system. - Preparing the interim and year-end financial pack support schedules in accordance with group instructions. - Assist with external audits and resolving external audit queries - Supporting schedules for annual tax return - Reconciliation of the Group's South African property registers to the consolidated "Land & Buildings" category to the audited Tongaat Hulett company reporting pack. - Assisting in preparing the annual financial statements for the operations' subsidiaries. Responsible for internal controls, systems enhancements, and accounting systems support: - Ensure internal controls are monitored and adhered to at all times - Completion and validation of the monthly control self-assessment questionnaires - Assist with co-ordinating internal audits, resolving internal audit queries and implementing recommendations - Assist with addressing day-to-day queries relating to SAP system & liaising with SAP consultants on complex issues Various other responsibilities, including the following: - Manage amendments to bank signatories and designated persons - Preparing the Statistics SA, Workmen Compensation and similar returns before submission - Timely preparation and submission of the annual insurance declaration - Assist


Nominal Salary: To be agreed

Source: Adzuna_Ppc

Job Function:

Requirements

Accounting Supervisor

Job Advert Summary Moore Midlands is looking for a Supervisor in their Accounting Division. Successful candidates will need to assist managers with handling ...


Moore Recruitment - KwaZulu-Natal

Published a month ago

Accounts Administrator/Pa

Key Responsibilities: Accounting Duties: Accounting Principles Banking Payroll Compliance & Regulation Financial Record Compilation: Accurately compile and m...


Ananzi - KwaZulu-Natal

Published a month ago

Accounting And Financial Management - Academic

Accounting and Financial Management - AcademicListing reference: manco_000354Listing status: OnlineApply by: 27 March 2024Position summaryJob category: Educa...


Mancosa - KwaZulu-Natal

Published a month ago

Accountant (Hlr7966) Durban

Desired Experience & QualificationComputer Literacy:Axapta or other Financial PackagesMicrosoft Office (Excel, Word) (Advanced Excel)A good understanding of ...


Helen Lucre Resourcing (Pty) Ltd. - KwaZulu-Natal

Published a month ago

Built at: 2024-12-19T10:36:24.851Z