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.