Senior Financial Accountant

SUMMARY:
Our client in the commercial and industrial property industry is seeking a highly qualified Senior Financial Accountant to join their team in Durban.

POSITION INFO:
Position: Senior Financial Accountant

Location: Durban, Kwa-Zulu Natal


Minimum Qualifying Criteria 

• Qualified Chartered Accountant
• Minimum of 4-5 years of work experience post articles.
• Commercial and Industrial Property experiences is compulsory
• Construction industry related experience is compulsory
• Experience working on the financial accounts of multiple companies in a group structure.
• Up to date knowledge of IFRS for SME's and Tax Computation

• Prepare the management accounts and balance sheet reconciliations with accuracy and in compliance with IFRS.
• Preparation of lease smoothing calculations when a new tenant is signed on.
• In depth analysis of the general ledger for correct processing and support for all special journal entries.
• Posting month end management account journals (depreciation, accruals, lease smoothing, interest on bonds and equipment finance etc.
• Perform analytical review of all balance sheets and income statements.
• Preparation of the property group monthly consolidated management accounts.
• Analysis of the KPI reports to ensure that all property expenses have been recovered in accordance with the governing lease agreements. 
• Review and ensure that property payments, ie. Rentals, bonds, security, utilities are timeously and accurately made & reconciled to current statement of accounts.
• Review of the bond reconciliations before payments against the bond statements ensuring that interest rate changes are correctly factored in.
• Review and ensure that all construction creditor payments are in accordance with the payment certifications and approved purchase orders.
• Preparation and balancing of the group loan matrix & intercompany debtor and creditor matrix.
• Maintenance of Property Asset Register
• Preparation of control account, input & output vat reconciliations together with the monthly VAT 201 submissions
• Accurate preparation of provisional and income tax computations in accordance with the relevant tax laws
• Liaise with SARS, draft objections to SARS regarding audits and disputes on income tax and vat.
• Preparation of the year-end pack for the annual audits.
• Liaising with the auditors.
• Ability to prepare and draft financials on CaseWare ensuring compliance with relevant accounting policies and IFRS.