Portfolio Finance Manager - Sandton Verfied

Salary Negotiable Sandton, Gauteng Sandton, Gauteng more than 14 days ago 30-01-2020 3:07:42 PM
10-03-2020 9:47:46 AM
A property management company in Sandton is looking for a PORTFOLIO FINANCE MANAGER

ROLE PURPOSE:
• To ensure that the accounting of all transactions of the portfolio of properties is complete and accurate and in accordance with generally accepted accounting practices, and completed by the set deadlines;
• To ensure that all processes, internal controls, and limits of authority are strictly adhered to.

Both the Debtors and Creditors Administrators will report to Portfolio Finance Manager

REQUIREMENTS
• Minimum B Com with Accounting major
• Minimum 5-10 years working experience in similar position
• Computer literacy in Microsoft Office
• Experience in recognised accounting software

Key Functions and Responsibilities:
Debtors
• Check that leases are loaded and vacated timeously and accurately by Debtors Administrator
• Be aware of, and on instruction, load annual increases at all properties across all revenue streams
• Pre-billings at all properties are accurately processed by Debtors Administrator
• Monthly billings go out on time as per set deadlines
• Tenant queries follow up responsively and professionally
• Send out reminders at set dates; collect rentals by due dates; follow up and collect all arrears
• Ensure that telephones and internet are cut at prescribed dates and breach notices are sent out
• Receipting is performed daily
• Report on arrears at least weekly providing complete, accurate and updated notes
• Give reasons and make recommendations for any legal handovers
• Outgoing inspections and tenant refunds are paid within set timeframes
• Individual debtors accounts are reconciled when considered necessary
• Debtors control account balances to the Debtors Age Analysis monthly

Creditors
• Purchase process is strictly adhered and all internal controls are followed and checked
• Supplier invoices are processed timeously by the Creditors Administrator
• Check creditors reconciliations and remittances prepared and loaded for payment prior to due dates
• Supplier queries follow up responsively and resolve professionally
• Follow up on old outstanding arrear invoices
• Outgoing inspections and tenant refunds are loaded for payment within set timeframes
• Creditors control account balances to the Creditors Age Analysis monthly

Cash Book, General Ledger and Monthly Reporting
• Check all allocations are correct and cashbook cleared weekly and finalized by month end
• Bank Recons are processed and cleared on a monthly basis
• Standing journals are processed monthly and sundry journals where necessary
• Expense and Balance Sheet accounts reconciled where required
• Check Recoveries from tenants of disbursements
• Fixed Asset Register maintained and processed monthly
• Intercompany Opex and Loan accounts balanced monthly
• VAT control accounts reconciled and returns prepared and processed for payment on due dates
• Pack preparation for Monthly Financial Reporting
• Budgetary control

Salaries and Wages
• PAYE returns prepared and processed for payment on due dates
• Salary and PAYE Control accounts reconciled on a monthly basis

General
• Participation in continuous process improvements
• AD hoc IT implementations & improvements to systems & internal controls

Skills, Competencies & Behaviours
• Highly driven and committed individual
• Firm planning, deadline and task focus.
• Good attention to detail and accuracy.
• Work as a member of the team.
• Build and maintain effective working relationships.
• Out-of-the box thinking and creativity.
• Ability to work under pressure.
• Open to change and to new opportunities to learn.
• Not afraid of confrontation and will take ownership of staff and teams
• Ability to take constructive criticism and take corrective action to make improvement.
• The employee may be required from time to time, to perform duties which are incidental to this position.
• The employee expressly understands and accepts that this position will require overtime work as and when project deadlines require
• The employee undertakes, as far as reasonable in each project, to commit to successful achievement of project deadlines and submission dates.

Salary: CTC R 40 000 commensurate with experience
Please reply with CV in MS Word only, stating current salary and availability

Recruiter: Uptime Recruit