Financial Manager – Rentals
Posted on 2025-04-11
| Employer | I Grow Wealth Investments |
|---|---|
| Salary | 0 |
| Category | Retail |
| Location | Western Cape / Western Cape |
Job Summary
The Financial Manager will be responsible for overseeing the financial health and sustainability of the rental management business. This includes financial planning, budgeting, reporting, and ensuring compliance with regulatory requirements. The role requires strong financial controls, cash flow management, and the ability to optimize financial processes through technology and automation. The ideal candidate will have experience in property or rental management finance, with a strong understanding of trust accounting, rental collections, and cost optimization.
To qualify for this position you need:
- Bachelor’s degree in Finance, Accounting, or a related field. Professional qualification (CA(SA), CIMA, or similar) preferred.
- Minimum10 years of financial management experience.
- Property or rental management experience is essential.
- Strong knowledge of trust accounting and rental property finance regulations.
- Experience with financial reporting, budgeting, and cash flow management.
- Proficiency in accounting software and financial management systems.
- Strong understanding of South African Tax laws and financial compliance requirements.
- High accuracy and attention to detail in financial reporting.
- Ability to align financial strategies with business objectives.
- Strong analytical skills to identify risks and inefficiencies.
- Experience in financial automation and system integration.
- Ability to mentor and manage a finance team.
- Strong integrity and commitment to financial compliance.
- Ability to explain financial insights to non-financial stakeholders.
Duties and responsibilities include, but not limited to:
Financial Planning & Strategy
- Develop and implement financial strategies aligned with business objectives.
- Conduct financial forecasting and risk analysis to support decision-making.
- Provide strategic input on profitability, cost-saving initiatives, and revenue growth.
Budgeting & Cost Management
- Prepare and manage the company’s monthly/annual budgets.
- Monitor and control expenses to optimize profitability.
- Implement cost reduction strategies while maintaining service excellence.
Financial Reporting & Compliance
- Prepare accurate financial statements, reports, and management accounts.
- Ensure compliance with South African financial regulations, Tax laws, and industry standards.
- Oversee audit preparation and liaise with external auditors.
- Ensure accurate reporting of trust accounts in line with regulatory requirements.
- Ensure owner reporting is on time and accurate.
Cash Flow & Trust Account Management
- Oversee rental collections and ensure timely payments to property owners.
- Manage cash flow effectively to ensure operational sustainability.
- Implement strict controls over trust accounts and all payments.
Process Optimization & System Implementation
- Implement and improve financial systems, automation tools, and reporting processes.
- Ensure deposit refunds and owner payments run smoothly.
- Ensure seamless integration of accounting software with property management systems.
- Optimize financial workflows to improve accuracy and efficiency.
Risk Management & Financial Controls
- Identify financial risks and implement mitigation strategies.
- Establish internal controls to prevent fraud and ensure financial integrity.
- Monitor rental arrears and implement effective debt recovery strategies.
Team Management & Leadership
- Lead and mentor the finance team to ensure high performance.
- Develop and enforce financial policies and procedures.
- Collaborate with other departments to align financial goals with business strategy.
Financial Manager – Rentals position available in Western Cape, Western Cape. This job position was posted by I Grow Wealth Investments. The job has been posted as a char8000 ad on 2025-04-11 at 01:34:36 in the Retail category
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