Accountant - Lease Accounting

Description

We are looking for a
professional and detail -oriented Lease Accountant who demonstrates integrity,
accuracy and strong analytical capability. The successful candidate will be
responsible for managing the Group’s lease accounting function, ensuring
compliance with applicable accounting standards, company policies, and
legislative requirements.

The incumbent will be
expected to effectively manage and control the Group’s leased properties and
the related accounting function through the development, design and
implementation of organizational systems, controls and measures with the
objective of ensuring the efficient management and accounting of the Group’s
rental property portfolio.  You will also
be expected to maintain the integrity of the financial accounting function,
following sound accounting practices, company policy, business plans, programs,
strategies and legislative requirements under the guidance of the Manager
Finance: Business Support.

Must have a firm grasp of
accounting and financial practices and regulations and possess strong computer,
verbal and written communication skills, especially those that relate to leases
of property.

Responsibilities:

• To monitor and maintain the financial reporting systems
  related to leases and report on all financial activities and on variances
  between budgets.
  
• To monitor and maintain financial administration systems
  related to leases and implementing internal controls through the implementation of
  policies and procedures.
  
• To establish and maintain the lease budgeting system and
  assist in the preparation of monthly management accounts related to leases
  
• To prepare the lease disclosure in the annual financial
  statements and the assist with the related audit and quarterly reviews.
  
• Ensure that market -related rent is negotiated on rental
  premises, protect the Group’s interest and maintain cost -effective lease
  agreements
  
• Ensure that the controls over leases are sufficient and
  effective
  
• Accurate and timely recording of property lease
  transactions and balances
  
• Monthly reconciliation are done correctly with no
  outstanding reconciling data
  
• Ensure correct and effective administration of the
  Group's rental properties, including lease negotiations and monthly payment
  administration
  
• Annual review and calculations of own properties’ market
  values
  
• Take an active leading role in the development of related
  systems and processes that enhance the department’s ability to report and
  access timely and accurate management and financial information.
  
• Accurately maintain the Group’s IFRS 16 lease system to
  ensure the accurate recording of leases in the annual financial statements.
  
• Weekly follow up on unapproved invoices and payments with
  all relevant departments
  
• Assist to manage any other ad -hoc financial accounting
  functions.
  
• Maintain and validate that at least 70% of the Group's
  lease -portfolio B -BBEE certificates are valid at a given point in time
  
• Continuously provide feedback and coaching to ensure that
  the staff member/s perform at optimum productivity level.
  
• Lead and manage the subordinates in the achievement of
  set objectives and targets.
  

Requirements

• Degree in Finance
  
• Minimum 5 years relevant experience of which at least 2
  years must be supervisory experience.
  
• Property administration experience.
  
• Leadership skills.
  
• Time management skills.
  
• Knowledge and understanding of latest accounting
  legislation.
  
• Advanced level of accounting principles, processes and
  procedures.
  
• Advanced level of budgeting and cost control.
  
• Advanced level of administration skills.
  
• Advanced level of negotiating skills.