Bookkeper

Citra (citra.co.za), an innovative and rapidly growing company based in Cape Town, is expanding its dynamic sales team at our Development in Blue Downs, Central Blue. We are seeking dedicated and hardworking Bookkeeper to join us on our mission to create a living environment that enhances the everyday lives of present and future generations.

About Citra: At Citra, we bring together talented architects, engineers, contractors, and developers to utilize cutting-edge design and technology in constructing beautiful premium and affordable homes of outstanding quality. Our value chain covers the entire process, from raw land and urban design to the construction of both residential and non-residential buildings.

Opportunity Overview:

• In 2024, we are set to transfer over 200 residential units to clients, with plans for more than 400 in 2025.


• Citra boasts a landbank of 4,000 residential units, with 25,000m² GLA of retail and 30,000m² GLA of light industrial development planned over the next 5-10 years.
  

We are seeking an experienced and detail-oriented Bookkeeper to join our team on a reconciliation-focused assignment. The ideal candidate will have strong problem-solving skills, exceptional attention to detail, and a results-driven approach to resolving complex historical accounting issues.

Key Responsibilities & Project Scope

1. Revenue & Debtor Reconciliation +- 35 Owners

• Conduct a comprehensive review of historical revenue and debtor records.


• Reconcile gross collections against net receipts, identifying discrepancies arising from agent or debt collection fee deductions.


• Analyse collection reports to confirm actual amounts paid by owners and ensure accurate allocation to individual accounts.


• Verify that all debt collection fees are accurately calculated, paid, and correctly allocated

2. Phase 17 Account Review: +- 50 Units

• Perform a detailed review of Phase 17 accounts to identify, calculate, and process required credit adjustments, and to correct historical billing or allocation errors.
  

3. Supplier & Creditor Cleanup

• Opening Balance Verification: Audit the handover data from the previous managing agent.


• Identify discrepancies between the handover balances and actual supplier statements.

4. Utilities Management & Recoveries

• Eskom Reconciliation: Reconcile the bulk electricity account (Eskom) against the General Ledger for the past 24 months.


• PEC Recoveries: Perform a matching exercise between PEC metering data (recoveries) and the utility expenses paid.


• Identify recovery gaps (under-recoveries) or billing errors.

   5.Nedbank Bank Reconciliation

• Capture monthly bank statements on WeConnectu/Xero BC & HOA


• Call account 4 -8 transactions per month ( Bank charges and interest )


• Main account 90 -120 transactions per month

Requirements & Qualifications

Experience

- A minimum of 5 years’ experience in property accounting and/or financial reconciliation.

Technical Skills

- Advanced Excel proficiency is essential, including pivot tables, google suite and the ability to manage and reconcile large datasets to accurately match collections to individual accounts.

- Proven experience using property management and accounting software, specifically WeConnectU Community Scheme and Xero .

Key Competencies

- Forensic Mindset: Strong ability to trace and reconstruct financial transactions through incomplete or fragmented records.

- Tenacity: Persistence in resolving issues with utilities, service providers, and suppliers, including ongoing engagement with entities such as Eskom until matters are resolved.

- Accuracy: Exceptional attention to detail, particularly in maintaining and verifying client balances.