Financial Manager

Location: Johannesburg, South Africa
Salary: Market Related
Recruiter: Agile Staffing
Job Ref: JHB000368/Megz
Date posted: Friday, October 4, 2019
Summary: Plans and directs accounting activities within the Finance department by performing the following duties, personally or through subordinates



Job Description

Key Role Responsibilities:

Responsible for the financial management of the portfolios under management including: 

  • Providing strategic input into the policies and processes within the portfolio’s finance department 
  • Responsible for the full financial function of the Property portfolios under management 
  • Overseeing the financial management of the Property portfolios accounting for all regions, ensuring that the various regions are provided with the appropriate guidance where necessary
  • Rolling out head office controls and processes to the regions where applicable 
  • Overseeing the treasury and investment function for the portfolios under management 
  • Working closely with clients, to ensure that the needs and expectations of the clients are being addressed and identifying areas for improvement 
  • Overseeing and coordination of the internal and external auditors, ensuring all necessary deliverables are provided 
  • Must have a good understanding of the portfolio under management. Must have regular meetings with the portfolio accountants and the creditors/cashbook supervisor responsible for the property portfolios to ensure that adequate guidance is provided where necessary. 
  • Must have a very good understanding of PIMS, Management reporting (Ex Frx) and Great Plains in order to be able to provide the necessary assistance to staff when required. 
  • Overseeing the maintenance and the reconciliation of the respective general ledgers
  • Performing all month-end and year-end procedures, ensuring that all client requirements and deadlines are met
  • Ensure that the financial records are accurate, complete, valid and classified correctly all the time. 

Review of the monthly management packs where necessary 

  • Review and authorisation of balance sheet recons
  • Review and authorisation of vat submissions
  • Review of adjustment accounts prepared for sold properties
  • Adherence to reporting requirements for the portfolio under management (format and timing)
  • Project manage client take on new property acquisitions
  • A very good understanding of the take on process to ensure the adequate co-ordination of the take on of all new property acquisitions
  • Ad hoc review of portfolio provisional income statements
  • Overseeing the submission of all statutory returns
  • Involvement in ad-hoc projects related to the financial and administration needs of the portfolios
  • Important role regarding staff growth ensuring that staff have a clear and attainable future
  • Cheques and EFT signatory on all portfolio bank accounts 
  • Maintain good working relationships with the Property Management division
  • Assist in the drafting and implementation of policies related to the financial systems and procedures
  • Implementation, modifications and ensuring the adherence to all internal controls
  • Provide oversight and a high-level review of the budgeting process
  • Obtaining high-level information regarding large utility accruals, highlighting anomalies and variances which require further attention from the relevant PM's and Portfolio Accountants
  • Maintaining other financial control functions
  • Overview review of Year to date results, versus budget, and or previous projections, and proving Client with summary
  • Managing and coordinating the various stages of financial closes and updates on the PIMS with property management
  • Due to the high demands of the financial management position, there would be a need to work overtime where the need arises.

Minimum Requirements

  • Matriculation Certificate
  • B. Com Honours or a minimum of a Bachelor’s degree in Accounting 
  • Previous experience as a financial manager or a minimum of 5 years’ relevant experience as an accountant. 
  • Audit experience will be an added advantage 


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