Responsibilities – Provides strong leadership and mentorship to the Portfolio financial team. – Providing strategic input into the policies and processes within the finance department – Responsible for the full financial function of all property portfolios under management – Overseeing the financial management of property portfolio 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 relevant 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 – Completion of various Cognos packs for MMI group reporting purposes (Quarterly) – Preparation and submission of Group reporting requirements within the required deadlines. – Prepare Annual Financial Statements for client portfolios where required. – Must have a good understanding of all portfolios under management. Must have regular meetings with all portfolio accountants and the creditors/cashbook supervisor to ensure that adequate guidance is provided where necessary. – Must develop 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. – Undertake and review of the SMAC calculations on a monthly basis ensuring that the company’s portfolio information for the MMI portfolios agrees to the SMAC investment balances. – Undertake and review the authorisation of the MMI monthly movement files that needs to be uploaded on JDE for the “on balance sheet” portfolio. – Undertake the monthly recons between JDE and the Great Plains ledgers. – 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. – Review of the monthly management packs where necessary – Review and authorisation of balance sheet recons ensuring that recon items are cleared monthly – Review and authorisation of vat submissions – Review of adjustment accounts prepared for sold properties – Adherence to reporting requirements for the portfolios under management (format and timing). – Co-ordination and supervision of the accounting administration and net income flows of the properties under management, and the payment thereof to the property owners. – Project manage new client take on and new property acquisitions for existing client portfolios. – A very good understanding of the take on process to ensure the adequate co-ordination of the take on of all new portfolios as well as new buildings for existing portfolios. – A very good understanding of financial accounting to ensure the accurate preparation of annual financial statements for the companies forming part of the portfolios under management – Ensure compliance for vat and income tax for all portfolios. – A very good understanding of taxation (Income and deferred) to ensure the completion of income and deferred tax calculation for the relevant portfolios under management. – Must have a detailed understanding of reporting standards and being up to date with newly effective standards. – Ad hoc review of portfolio accountants provisional income statements. – Overseeing the submission of all statutory returns – Ensuring that the departments performance is in line with management agreements and Service Levels Agreement. – Involvement in ad-hoc projects related to the financial and administration needs of the portfolios. – Staff management for the Portfolio Finance Team including recruitment of staff and performance management. – Important role regarding staff growth ensuring that staff have a clear and attainable future – EFT signatory on all portfolio bank accounts – Maintain good working relationships with Property Management and Asset Management divisions. – 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 – Ensuring that there are adequate, consistent monthly reporting packs for the respective portfolios. – Ensuring suppliers payments are made paid in accordance with the pre-defined terms. – Evaluate financial reporting systems, accounting and collection procedures, and investment activities, and make recommendations for changes to procedures, operating systems, budgets, and other financial control functions. – Due to the high demands of the financial management position, there would be a need to work overtime where the need arises. Experience – Previous experience as a financial manager – Audit experience will be an added advantage – Detailed understanding of the IFRS and Income tax Act is mandatory

Click Go Apply to apply online!

---

More related positions

---