Sabenza IT

Accountant (Lease Focusing)

Sabenza IT  •  Centurion, ZA (Onsite)  •  2 months ago
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Job Description


Lease
Accountant

– Come Own the
Numbers (and the Vibes) of Our Property Empire!


Tired
of boring lease entries and dusty spreadsheets? We’re looking for a sharp,
detail-obsessed Lease Accountant who doesn’t just crunch numbers — you make
them dance.


As
our

Group’s Lease Accountant

, you’ll be the rockstar of rental
properties. You’ll twist IFRS 16 into submission, keep our lease portfolio
tight and compliant, negotiate killer deals, and make sure every rand of rent
is working as hard as you do. From building slick systems and crushing monthly
reconciliations to keeping those B-BBEE certificates glowing, you’ll be the one
making sure our property portfolio looks as good on the balance sheet as it
does in real life.


Job Overview:


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.


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 implement 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 reconciliations 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
Sabenza IT

About Sabenza IT

Sabenza iT Recruitment is a Level 2 BBBEE company with more than 23 years of expertise in Information Technology recruitment. Our team comprises 20 recruiters dedicated to providing top-notch services in recruiting for sectors such as SAP, IT Developers, and IT Security, among others. Sabenza iT is proud to be a wholly South African-owned company.

Industry
IT & Software
Company Size
11-50 employees
Headquarters
Natal, Cape Town, Gauteng, ZA
Year Founded
2013
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