We are seeking a qualified and experienced Chartered Accountant to lead the finance function within our dynamic property business.
The successful candidate will be responsible for managing the financial reporting, project accounting, financial control, taxation, budgeting, forecasting, and strategic financial support functions of the business.
The role plays a critical part in ensuring financial viability and profitability of development projects while maintaining compliance with accounting standards, tax legislation, lender requirements, and Company policies. The CA will be responsible for providing financial insight throughout the property acquisition, development, construction, and asset management lifecycle.
ABOUT US
At Quorum Property Group, we are dedicated to making a positive impact on society and the economy. Our commitment to effective building management ensures that we provide exceptional service to all our tenants.
Quorum Property Group excels in Property Management and Development across Commercial, Residential, and Student Portfolios. We offer our tenants the opportunity to live in exceptionally well-maintained, modern units at affordable rates.
If you are looking to join a company that supports your personal and professional growth and provides the necessary guidance to help you reach your full potential in the Property Industry, we encourage you to apply for this position.
ROLES AND RESPONSIBILITIES:
The duties will include, but are not limited to:
FINANCIAL MANAGEMENT AND REPORTING:
- - Prepare monthly, quarterly and annual management accounts.
- - Ensure accurate and timely financial reporting.
- - Manage the month-end and year-end closure processes.
- - Oversee the preparation of annual financial statements.
- - Liaise with external auditors and manage annual audit processes.
- - Ensure compliance with all statutory and regulatory financial reporting requirements.
- - Develop and improve financial controls, policies and procedures.
DEVELOPMENT PROJECT ACCOUNTING:
- - Monitor project budgets, forecasts, feasibility models, and actual expenditure.
- - Track development costs, capital expenditure, and project performance against approved budgets.
- - Review project cash flow forecasts and funding requirements.
- - Ensure accurate allocation of project costs, professional fees, interest, and construction costs.
- - Monitor project profitability and financial viability throughout the development lifecycle.
- - Provide financial support during acquisitions, developments and project disposal.
BUDGETING AND FORECASTING:
- - Lead the annual budgeting process across development and operational portfolios.
- - Prepare rolling forecasts and long-term financial models.
- - Analyse variances between budget and actual performance.
- - Produce financial insights and recommendations for management decision-making.
- - Assist in evaluating new development opportunities and investment decisions.
TREASURY AND CASH FLOW MANAGEMENT:
- - Manage project and corporate cash flows.
- - Monitor debt facilities, development finance agreements, and covenant compliance.
- - Develop funding drawdown schedules for development projects.
- - Ensure adequate liquidity to support development activities.
TAXATION AND COMPLIANCE:
- - Oversee VAT, income tax, dividends tax, and other statutory submissions.
- - Ensure compliance with SARS and all applicable tax legislation.
- - Assist with the tax structuring of development projects and transactions.
- - Manage tax risk and liaise with external tax advisors where required.
FINANCIAL ANALYSIS AND BUSINESS PARTNERING:
- - Conduct feasibility assessments for new developments and acquisitions.
- - Evaluate project returns and investment performance metrics.
- - Support development teams with financial analysis and decision-making.
- - Present financial reports and recommendations to senior management and board committees.
- - Identify risks and opportunities impacting project returns.
GOVERNANCE AND RISK MANAGEMENT:
- - Ensure strong internal financial controls across all entities and projects.
- - Monitor and mitigate financial risks.
- - Support compliance with company governance frameworks.
- - Assist in maintaining lender, shareholder, and investor reporting requirements.
STAFF MANAGEMENT:
- - Supervise financial staff, accountants and creditors personnel.
- - Provide coaching, training, and performance management.
- - Promote continuous improvement within the finance function.
REQUIREMENTS:
- - Completed SAICA articles.
- - Minimum 5 years’ post article experience, preferably in a Financial Manager or similar role.
- - Proven experience within the Property industry.
- - Strong knowledge of financial reporting standards, taxation, budgeting and cash flow management.
- - Experience managing audits and statutory compliance.
- - Advanced financial analysis and financial modelling skills.
- - Excellent analytical and problem-solving skills.
- - High attention to detail and accuracy.
- - Ability to operate in a fast-paced, results driven environment.
- - strong analytical and problem-solving skills.
- - Professional.
- - Computer Literate (MS Office).
- - Own transportation.
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