Trainee / Graduate Financial Accountant

Inospace Johannesburg, Gauteng, South Africa

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Trainee / Graduate Financial Accountant role at Inospace

We are looking for a young, energetic and ambitious individual who is eager to learn and grow within a fast-paced, entrepreneurial property company. The Accountant will play a key role in supporting the financial management and reporting functions of the group. This role includes journal entry preparation, reconciliations, age analysis, and assisting with financial reporting. This is an ideal opportunity for a newly qualified accountant who wants to develop their career in a dynamic business environment.

Responsibilities

• General Ledger, Reporting and Reconciliations : Prepare and post journal entries and maintain accurate records in the general ledger.
• Prepare and deliver monthly reports, supporting schedules, and reconciliations.
• Maintain balance sheet reconciliations (e.g., prepayments, accruals, deposits, suspense) and flag unusual movements.
• Process monthly intercompany entries (expenses, recharges, funding) and maintain reconciliation schedules.
• Account for lease commissions received and manage reconciliation of letting commissions.
• Billing & Fee Management : Prepare and post monthly park management fee billing and expense entries, ensuring accuracy and alignment with agreements.
• Calculate and journalise project management fees based on internal contracts and milestones.
• Prepare internal and external billing journals for Builders Warehouse and Promac Paint recharges.
• Bill monthly recoveries including asset management fees, MRI licence fees, lease fees, ancillary income, and insurance allocations.
• Cashbook & Bank Reconciliations : Capture daily cashbook entries and ensure correct allocation of transactions.
• Prepare weekly and month-end bank reconciliations and investigate outstanding items.
• Audit, Compliance & Documentation : Perform monthly reconciliations between Dext expense allocations and the general ledger, ensuring accurate VAT coding and expense classification.
• Compile supporting documentation, schedules, and transaction listings required for audits (Inospace Services and Holdco).
• Ensure finance documents are filed, stored, and named correctly in line with retention policies.
• Reporting & Management Support : Prepare working papers and supporting schedules (e.g., income analysis, cost breakdowns) to assist with monthly reporting packs.
• Support the Financial Manager’s review process by submitting accurate information timeously.
• Process Efficiency : Continuously look for opportunities to improve and automate accounting processes to drive efficiency.
• Collaboration : Work closely with finance colleagues and cross-functional teams to achieve business objectives.

Requirements

We are committed to employment equity and invite candidates from all designated groups, as defined by the Employment Equity Act, to apply.

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