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  • Posted: Aug 23, 2021
    Deadline: Not specified
  • Africrest Properties owns, re/develops and manages office, retail, industrial and residential property. We pride ourselves on being able to structure dynamic deals to suit our tenants’ needs, striving always for our tenants’ utmost happiness.
    Read more about this company


    Head Of Finance

    About the job

    Job Specification:


    All below duties and responsibilities are included in the cost of your package referred to in 3 above.


    Oversight of financial reporting:

    • Monthly reporting to Funder (financial position, results, and covenants)

    • Quarterly reporting to Audit Committee and Board incl.

    • Variance reporting and commentary

    • Annual budgets

    • Annual consolidation

    • Annual financial statements – Company and group (IFRS for SMEs)


    • Management of Accountants and Head Office Administrators (team of 7)

    • Review of journal entries, reconciliations, and analyses prepared by Accountants

    • Oversight of creditors management and cash books

    • Review of monthly VAT submissions and reconciliations

    • Review of provisional and final income tax computations and deferred tax computations

    • Assistance with tax planning and oversight of tax compliance

    • Cash flow forecasting

    • Operational and strategic support to Exco as a key member of senior management

    • Oversight of outsourced VAT and tax submissions

    • Oversight of external audit

    • Oversight of company secretarial

    • Review of legal agreements (financing, acquisitions) and involvement in briefing lawyers (execution of corporate transactions)

    • Compliance in terms of contracts

    • Accounting for acquisitions and disposals

    • Identification of risks and management thereof

    • Maintenance and improvement of control environment including implementation of internal controls, policies, and procedures, and principles of good governance

    • Investigation and implementation of system changes from a finance perspective

    • Access control to finance software and information

    • Ad hoc reporting for business ventures and funding arrangements

    • Compliance with relevant legislation

    • Ad hoc projects and resolution of issues

    • Option to be nominated to the board, to represent the finance department.


    Reports to Director

    Salary: Market-related



    • Passionate about improving accuracy and efficiency

    • Work under pressure and deadline management

    • Good attention to detail

    • Problem-solving


    Non-negotiable knowledge, skills, and abilities required

    • CA (SA)

    • Minimum 5 years of commercial experience

    • Excel – Intermediate to Advanced level


    Job Qualifications Required

    • Experience in property

    • MDA Property Manager accounting software


    Starting date for this position- ASAP

    Method of Application

    Kindly send your CV's to [email protected] if you meet the above requirements.

    Note: Never pay for any training, certificate, assessment, or testing to the recruiter.

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