Financial Manager - Ekurhuleni (East Rand) at Unique Personnel

Job Description    
Budgeting:

• Prepare and present the annual administrative budget and a 10-year maintenance plan for the reserve fund, which determines monthly levies.

Levy Collection:

• Ensure levies are calculated and billed correctly to all owners, and follow up on arrear levies.

Bank Account Management:

• Manage the body corporate's bank accounts, including paying expenses, taxes, water, and electricity bills.

Financial Statements:

• Prepare monthly financial statements and reports for the trustees and owners.

Expense Forecasting:

• Analyze past expenses and trends to predict future expenses, allowing for proactive budgeting and cost reduction.

Financial Record Keeping:

• Maintain accurate financial records and ensure compliance with financial regulations.

Investment of Funds:

• Invest surplus funds in accordance with the body corporate's investment policy.

Debt Collection:

• Assist with debt collection procedures for outstanding levies.

Insurance:

• Ensure the scheme is adequately insured and that premiums are paid on time.

Compliance:

• Ensure compliance with relevant legislation and regulations, including the Sectional Titles Schemes Management Act.

Administrative and Record-Keeping:
Record Keeping:

• Maintain accurate records and documentation related to the sectional title scheme.

Meeting Preparation:

• Assist with the preparation of general meetings, ensuring compliance with the Sectional Title Act and using standard documentation.

Liaison:

• Serve as a point of contact for trustees and owners, providing guidance and information on financial matters.

Contractor Management:

• Assist with the selection and payment of contractors for maintenance and repairs, ensuring they are compliant and paid timely.

Inherent Requirements    

• Looking for a candidate who has completed their B. Comm Accounting Degree
• Minimum 5 to 8 years’ experience
• Sectional Title experience