Accountant (Property)
Acumen Recruitment · Midrand, Gauteng
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One of my clients that is based in the North of Johannesburg is looking for an Accountant with experience in the Property industry
Duties & Responsibilities
- Prepare monthly management accounts, including income statements, balance sheets, and cash flow statements, for allocated entities.
- Perform full general ledger reconciliations and investigate and resolve variances, misallocations, and coding errors.
- Process and review property-related transactions, including rental income, recoveries, tenant billings, and lease accounting.
- Maintain the fixed asset register and process property acquisitions, disposals, and capitalisation of costs in line with IFRS for SMEs.
- Perform intercompany reconciliations and ensure correct classification of intercompany loans and balances.
- Prepare balance sheet reconciliations and supporting schedules for audit and management review purposes
Desired Experience & Qualification
- A relevant Accounting degree (BCom Accounting or equivalent) is the minimum educational requirement
- Ideally within property, real estate, or asset management.
- Demonstrated experience working with Xero accounting software.
- Demonstrated experience working with MDA (property management software).
- Prior exposure to multi-entity or group reporting environments is advantageous.
- Strong working knowledge of IFRS for SMEs and general financial reporting standards.
- Sound understanding of South African tax compliance, including VAT and income tax.
- Assist with statutory compliance, including VAT201 submissions, provisional tax, and other SARS-related filings.
- Support the audit process by preparing working papers and liaising with external auditors.
- Maintain and reconcile property management data between Xero (or the general ledger system) and MDA, ensuring data integrity across both platforms.
- Assist with the preparation of board packs, variance commentary, and executive summaries for management reporting.
- Identify and escalate control deficiencies, and support the implementation of process improvements.
- Contribute to year-end audit preparation and annual financial statement compilation.
Package & Remuneration
R600 000