Job Overview
Property Finance Manager
REPORTS TO: CFO, CEO DIVISION
Multiple Portfolios, Group Companiesand Estate Agents
LOCATION: KZN – Umhlanga Rocks
JOB PURPOSE
Property Finance Managers performdata analysis and advise senior managers on profit-maximizing ideas. They areresponsible for the financial health of an entire property group companies byproducing financial reports, direct investment activities, and developstrategies and plans for the long-term financial goals of Group. In addition,they plan and direct accounting activities within the Finance department byperforming the following duties list below, personally or throughsubordinates.
PRINCIPAL ACCOUNTABILITIES
Job Requirements:
Responsible for the financialmanagement of the portfolios under management including:
• Providing strategic input into thepolicies and processes within the portfolio’s finance department
• Responsible for the full financialfunction of the Property portfolios under management
• Overseeing the financialmanagement of the Property portfolios accounting for all regions, ensuring thatthe various regions are provided with the appropriate guidance wherenecessary.
• Rolling out head office controlsand processes to the regions where applicable
• Overseeing the treasury andinvestment function for the portfolios under management
• Working closely with clients, toensure that the needs and expectations of the clients are being addressed andidentifying areas for improvement
• Overseeing and coordination of theinternal and external auditors, ensuring all necessary deliverables areprovided
• Must have a good understanding ofthe portfolio under management. Must have regular meetings with the portfolioaccountants and the creditors/cashbook supervisor responsible for the propertyportfolios to ensure that adequate guidance is provided where necessary.
• Must have a very goodunderstanding of MDA/MRI, Management reporting in order to be able to providethe necessary assistance to staff when required.
• Overseeing the maintenance and thereconciliation of the respective general ledgers.
• Performing all month-end andyear-end procedures, ensuring that all client requirements and deadlines aremet.
• Ensure that the financial recordsare accurate, complete, valid and classified correctly all the time. • Reviewof the monthly management packs where necessary
• Review and authorization ofbalance sheet recons
• Review and authorization of vatsubmissions
• Review of adjustment accountsprepared for sold properties
• Adherence to reportingrequirements for the portfolio under management (format and timing).
• Project manage client take on newproperty acquisitions
• A very good understanding of thetake on process to ensure the adequate coordination of the take on of all newproperty acquisitions
• Ad hoc review of portfolioprovisional income statements.
• Overseeing the submission of allstatutory returns
• Involvement in ad-hoc projectsrelated to the financial and administration needs of the portfolios.
• Important role regarding staffgrowth ensuring that staff have a clear and attainable future
• Assist in the drafting andimplementation of policies related to the financial systems andprocedures.
• Implementation, modifications andensuring the adherence to all internal controls
• Provide oversight and a high-levelreview of the budgeting process
• Obtaining high-level informationregarding large utility accruals, highlighting anomalies and variances whichrequire further attention from the relevant subordinates.
• Maintaining other financialcontrol functions
• Overview review of Year-to-dateresults, versus budget, and or previous projections, and proving Client withsummary.
• Managing and coordinating thevarious stages of financial closes and updates on the MDA/MRI with propertymanagement
• Due to the high demands of thefinancial management position, there would be a need to work overtime where theneed arises.
EDUCATION EDUCATION
• BCom Honours, MBA or a minimum ofa bachelor’s degree in Accounting
EXPERIENCE
• Previous experience as a financialmanager or a minimum of 3 years’ relevant experience as an accountant.
• Audit experience will be an addedadvantage
• Must have worked with propertymanagement systems within a large group KNOWLEDGE / SKILLS • Knowledge ofMicrosoft Word; Excel;
• Knowledge of MDA/MRI propertysoftware; and
• Explorer or internetsoftware.
• Complete self-motivation andself-starting capabilities.
• Ability to integrate informationfrom diverse sources, often involving large amounts of data.
• Proactively seeks and structuresnew solutions in clients’ best interests and those of
CLIENT.
• Exceptional business and peopleskills.
• Strong team abilities.
• Total reliability.
• Time management.
• The highest level of client andbusiness confidentiality always.
• Ability to ensure that thestandards, disciplines, and procedures of the company are strictlymaintained
• Detailed understanding of theAccounting Standards, Income Tax Act is mandatory.
• Results focused.
• Ability to lead people and a levelof business maturity commensurate with that of a professional person.
Please send your cvto annelize@jobs4all.co.zaJob Detail
-
Experience3 Years
-
QualificationCertificate