Portfolio Manager (Accountant)

SUMMARY:
Job Title: Portfolio Manager - Accountant
Location:  Olifantsfontein in Midrand
Remuneration: Negotiable, dependent on qualifications and work experience

Position Overview
The Portfolio Manager - Accountant is responsible for managing the property portfolio and supervising the Property Accounting Function.

We are seeking a candidate with a Property Studies Degree or a B.Com Degree, along with 1 to 3 years of work experience in the property sector. Ensure time-critical payments are actioned within timeframes (Bond installments, Tax payments, Intercompany funding transfers, Dividends, Shareholder requirements). Ensure Propco Annual Financial statements are completed, and the audit process is managed. Ensure all Income and VAT Tax Returns are submitted timeously.
 
Requirements for Education & Experience:

• Property Studies Degree, or B Com Degree, or relevant qualification will be preferred
• Minimum 2–3 years of work experience in the property sector
• Prior experience as a Portfolio Manager

POSITION INFO:
Duties & Responsibilities:
Financial Management

• Supervision of the Property Accounting Function
• Review of monthly property income statements
• Review debtors and recommend actions on arrears tenants
• Review of matched recovery reports
• Review cash flow report
• Review of balance sheet controls
• Inter-company loan accounts
• All reconciliations are reviewed
• Accruals
• Capital WIP
• Debtors
• Statutory controls
• Subsidiary Investment accounts
• Ensure time-critical payments are actioned within timeframes (Bond installments, Tax payments, Intercompany funding transfers, Dividends, Shareholder requirements)
• Ensure municipal services accounts are paid on time, and services are not cut off
• Ensure monthly Board reporting packs are completed, reviewed, and distributed
• Ensure Board decisions are actioned, and progress is followed up on
• Propco Annual Financial statements are completed, and the audit process is managed
• Ensure all Income & VAT Tax Returns are submitted timeously

• Management of the property portfolio
• Site visits as required
• Review property inspections
• Follow up on improvements and repairs & maintenance
• Monitor and ensure Property Compliance is maintained
• Ensure municipal services are maintained and queries resolved
• Tenant Liaison
• Debtors collection intervention
• Attending to and drafting Lease amendments
• Capex planning and execution of approved works
• Progress management and reporting of Capex projects
• Ensure Municipal billing issues are managed
• Review of metering & recoveries
• Broker liaison & arranging viewings
• Accountable for individual Property performance