Job Description
About the Role
Our Asset Management client in Stellenbosch is seeking a Financial Manager with 5-8 years of experience to lead financial management across a property and asset portfolio. The ideal candidate will ensure accurate reporting, strong controls, tax/VAT compliance, and commercially sound decision-making.
Key Responsibilities
- Manage month-end close and deliver accurate management accounts (P&L, balance sheet, cash flow) for multiple entities/SPVs.
- Prepare consolidated reporting for group structures (where applicable).
- Ensure compliance with IFRS/IFRS.
- Budgeting, Forecasting & Performance Management.
- Manage with the CFO the annual budgets and rolling forecasts.
- Build scenario and sensitivity analyses (interest rates, vacancies, escalations, cap rates, construction cost inflation).
- Development Finance & Project Cost Control.
- Set up financial controls for new developments: project budgets, cost codes, commitment tracking, and cost-to-complete reporting.
- Manage project cash flows and support lender drawdown processes aligned to covenants and facility terms.
- Oversee payments and banking processes, ensuring appropriate approvals.
- Funding, Lender & Investor Reporting.
- VAT, Tax & Regulatory Compliance (South Africa).
- Audit & Internal Controls.
- Property & Facilities Financial Operations (Asset Management Focus).
Requirements
- BCom Accounting/Finance – SAICA/SAIPA/CIMA or CA(SA) advantageous.
- 5-8 years finance experience, with exposure to asset management.
- Solid experience with Multi-entity reporting (SPVs).
- Budgeting/forecasting and cash flow management.
- VAT principles relevant to property and development in South Africa.
- REIT-style reporting basics (if applicable).
Qualifications
No specific qualifications mentioned.
Salary & Benefits
Salary is Highly Negotiable.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Accountant Jobs in Western Cape
The accounting profession is a vital component of the Western Cape’s economy, with the industry typically experiencing steady growth due to the region’s strong financial services sector and thriving business environment.
Generally, accountants in South Africa can expect to earn salaries within a broad range of R800 000 to R1.5 million per annum, although this figure can vary significantly depending on factors such as experience, company size, and industry sector. Typically, entry-level positions may start at the lower end of this scale, while senior roles can command much higher figures. It is essential to note that these salary ranges are approximate and can fluctuate based on various market and economic factors.
Common skills required for accountants in Western Cape include proficiency in accounting software such as SAP, Excel, or QuickBooks; strong analytical and problem-solving abilities; effective communication and interpersonal skills; attention to detail and organisational management skills. Typically, professionals in this field possess a degree in accounting or a related field, with many holding professional certifications such as the Certified Public Accountant (CPA) designation.
The Western Cape’s economy is often driven by various industry sectors, including financial services, technology, manufacturing, and logistics. Many companies across these sectors require accountants to manage their finances, prepare tax returns, and provide financial analysis. The financial services sector, in particular, is a significant driver of employment opportunities in accounting roles.
Career development opportunities for accountants in Western Cape are generally excellent, with many professionals progressing to senior roles within the same organisation or moving into management positions. Typically, those who wish to specialise may pursue further education or training in areas such as forensic accounting, taxation, or auditing. In addition, many companies offer professional development programs and opportunities for career advancement, making it an attractive field for those looking to advance their careers.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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