Growthpoint Properties Current job Opportunity – Apply Now!

Posted on :

28 Jan, 2021

Category :

Accounting Jobs in South Africa

Growthpoint provides space to thrive with innovative and sustainable property solutions. We are an international property company with assets on three continents and the largest South African primary REIT (Real Estate Investment Trust) listed on the JSE. We own and manage a diversified portfolio of over 550 property assets, locally and internationally.

Growthpoint is a FTSE/JSE Top 40 Index company, a constituent of the FTSE EPRA/NAREIT Emerging Index and is in the FTSE4Good Emerging Index and FTSE/JSE Responsible Investment Index.




Job Title: Portfolio Accountant – Watercrest Mall, Kwa Zulu Natal
Location: Durban, KwaZulu-Natal, South Africa
Reference #: PFA13
Contract Type: Permanent
Salary: Market Related

Job Summary:

To provide accounting activities related to the Watercrest Mall and other Joint Ventures in the region on an AD- HOC basis when necessary.

Duties and responsibilities:

•Check G/L of the Mall monthly and assist in preparations of the monthly financials by ensuring the following:
oMonthly contracts and municipal accounts have been paid and accrue where not paid
oCheck that recoveries are raised for operational costs and utilities
•Liaise with Property/Portfolio Manager regarding accruals and projections
•Liaise with Property/Portfolio Manager on any anomalies relating to payments etc. in ledgers
•Check all monthly adjusting journals prepared by the Portfolio Accountant – Regional Office in respect of Centre
•Check all monthly accruals
•Prepare projections for the Centre
•Prepare all Variance reporting
•Prepare Projection commentary
•Analyse and Recon balance sheet accounts
•Check and Process all invoices for payment in line with the co-owner requirements
•Follow-up on outstanding creditor contractual invoices and municipal accounts
•Query Contractual increases above budgeted figure
•Raise queries with Utility Managers in respect of council billings and accruals
•Update of tenancies on a monthly basis for utility companies
•Check monthly balance sheet recons
•Assist with budget preparation and capturing
•Managing petty cash and submitting monthly claims
•Upkeep of financial records for Audit purposes
•Calculation of annual increases in respect of Rates and Taxes, CID levies and other annual recovery adjustments where applicable.
•Calculation of monthly recoveries in respect of refuse, sewer, aircon and other recoveries where applicable
•Assist with Tenant account reconciliations and credit control
•Check bank reconciliation
•Capture receipts into MRI
•Reporting on other Joint Ventures
•Adhoc duties relating to Accounting

Education & Experience Requirements

•Degree in accounting,
•At least 5 years relevant working experience, preferably in property management

Competencies and Skills:

•Ability to manage own time and work extended hours when required
•Team player
•Flexibility and ability to multi-task
•Ability to meet deadlines
•Strong organizational abilities
•Accuracy, consistency and attention to detail
•Proficient in Excel

To Apply:

Click Here!

Application Deadline: 03/02/2021

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