South Africa

Strategic Finance Manager– Property&Asset Management, Soweto

Strategic Finance Manager– Property&Asset Management, Soweto
Description
Job Description We are seeking a dynamic professional to enhance finance's role as a strategic business partner across Business, Tenants, Property Asset Management, and External Clients. This pivotal role involves overseeing and influencing business decisions, managing the Client Portfolio Financial Department, and developing robust reporting systems tailored to property owners' needs.

Financial Management

Management accounts preparation. Forecast updates and management. Financial Reporting: Finco, Exco and Board pack preparation General Ledger Management. Debtors management- weekly Creditors management-monthly Payroll processing Auditing&Analytical explanations Management information and reports Pro-active feedback and reporting to business Monthly statutory reporting (i.e. Trial balance, cash flow management, VAT and Income tax. etc ) Income management (Management Fees, recoveries, commissions and sundry income due by Landlords)Budgeting (Analyze, determine tendencies, evaluate, budget management&explain deviations)

System development

Automation of processes with regards to reporting and management fees. Development in conjunction with Senior Financial Manager and CFO Input how transactions should be treated financially on IT systems SAP and BI Tool maintenance Structure and hierarchy maintenance

Business Unit Profit Review results (Cost Centers) Manage actuals vs budgets (Variance analysis) Receive the input of functions on budget Input w.r.t projections Control and update Projections Pro active identification of over and under spending Manage Income and Balance sheet of region Cost control

Audit and Compliance

Handle queries on audit report Implement audit recommendations Preparation of monthly Compliance schedules

Requirements

BCom Accounting Degree 5 years of relevant experience, ideally within the property management sector. Business planning expertise, particularly in the context of property asset management In-depth understanding of financial policies, procedures, and processes Proven experience in capital expenditure and contract managementFamiliarity with legal aspects pertaining to property management, including leases and regulatory compliance Knowledge of financial statements (IS, BS), budgeting processes, GAAP principles applicable to property accounting, and tax implications in property transactions

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Strategic Finance Manager– Property&Asset Management has been posted in the Soweto Accounting, Financing & Banking category on Locanto.

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