Portfolio Accountant

SUMMARY:
We are looking for a skilled and detail-oriented Portfolio Accountant to manage accurate and complete general ledgers and financial reporting for our client’s portfolio. This role involves overseeing related accounting functions and staff as needed. If you excel at financial accuracy and enjoy working with complex portfolios, this position is for you.

POSITION INFO:
Key Responsibilities:

• Payment Management:
  
  • Prepare and submit monthly VAT returns via e-filing by the 25th of each month for clients under management.
  • Reconcile the VAT clearing account.
  • Ensure signed financial statements are received and retained on file.
  • Fulfill responsibilities associated with being a cheque signatory.
  • Review ledgers and identify monthly accruals.
  • Ensure adherence to controls and procedures, identifying and addressing control weaknesses as needed.
• Accounting and Administrative Assistance:
  
  • Provide accounting and administrative support as required.
  • Assist property managers with finance-related issues for the property portfolio under management.
  • Discuss monthly accruals with property managers and ensure necessary amendments are made to accurately reflect the financial status of the buildings.
  • Prepare preliminary financial statements in a timely manner and advise property managers when they are ready.
  • Review preliminary financial statements for each building and assess whether recurring entries have been captured.
• Financial Reporting:
  
  • Prepare monthly and ad-hoc journals as required.
  • Create monthly financial packs for all clients, balancing cash flow documents and supporting schedules.
  • Prepare year-end packs for submission to external auditors.
  • Liaise with external auditors, providing supporting documentation and assistance with audit queries.
  • Submit and pay income tax, ensuring all audit adjustments are processed and align with financial statements.
  • Ensure year-ends are finalized once audits are complete.

• Education:
  
  • B.Com Honours or a minimum of a Bachelor’s degree in Accounting (B.Com).
• Experience:
  
  • Minimum of 3-5 years relevant experience as an Accountant.
  • Audit experience is advantageous.
• Skills:
  
  • Extensive knowledge of Microsoft Word, Excel, accounting software, and MS Office.
  • Working knowledge of Sectional Title and Home Owner Association requirements.
  • Ability to follow up on outstanding refunds and provide/upload documentation during SARS audits.
  • Experience in processing tenant deposit refunds and appropriations.
  • Proficient in calculating collection commissions per the rent roll.
  • Ensure regular reconciliation and clearing of the Debtors Clearing account.
  • Update and distribute the monthly cut-off schedule.