Manager: Corporate Finance at City Property Administration (Pty) Ltd

About the Job

Job Purpose:

• Ensuring reliable financial information, accurate management accounts and support to the Finance Executive and Financial Director (CFO) with particular focus on valuations, treasury management, financial reporting, acquisitions and disposals and property yield performance management.

Responsibilities

• Management Accounts and Financial Reporting
• Review and authorisation of financial transactions and payments.
• Detailed review of monthly management packs for the various portfolios within Octodec as well as the group.
• Investigate and resolve any significant variances and ensuring that these are rectified.
• Detailed review of the group consolidation, investigating and reconciling all significant line items to supporting calculations and documentation.
• Prepare the Group Annual Financial Statements and/or review subsidiary annual financial statements in accordance with IFRS as well as the interim reports and other related reports in accordance with all the legislation and regulations.
• Determine the accurate profit/loss on disposal of assets
• Perform due diligences on the assessment of acquisitions and disposals
• Assist the CFO/Finance Executive to in treasury management, including raising funding, management of lender relationships, risk management and debt listing requirements.
• Remain up to date with any developments with regards to IFRS and tax.
• Prepare the relevant reports for the senior financial manager and financial director for submission to the various board committees, in particular the audit committee.

Budgets 

• Ensure that the budgeting process is carried out timeously, that due process is followed and that budgets are accurately and realistically prepared.

Portfolio Valuation

• Perform portfolio valuation.

Tax & VAT 

• Complete and/or review the various tax returns for the group.
• Review and approve the VAT returns for the group.

Stakeholder Engagement

• Provide information to the various stakeholders for decision making and corporate functioning in a timely manner.
• Assist the business divisions and/or internal audit with the documentation or update of departmental business processes and procedures and/or review thereof.
• Engaging with the various business departments to resolve errors identified and provide guidance and training.

Staff Management

• Take responsibility for workforce planning for own department.
• Ensure fair allocation of workloads.
• Ensure job descriptions for each position are up to date.
• Take responsibility for new staff induction/training, development, coaching and mentoring.
• Manage employment relations (grievance, discipline, and poor performance) timeously.

Working conditions:

• Mostly Office Based. Limited travelling will be required.

Qualifications & Experience:

• Bcom Accounting qualification required and registered with a professional accounting body with any of the following designations - CA(SA), SAIPA, CIMA, AGA
• At least two years’ post articles experience in a commercial environment required
• Real Estate experience an advantage

Skills & Knowledge Required:

• Thorough knowledge of IFRS
• A good understanding of company taxation and VAT
• Computer literate (Excel: Advance)
• Excellent report writing skills
• Understanding of treasury management (intermediate)
• Valuations experience (intermediate)
• Financial Planning and Analysis

Personal Attributes:
Problem solving – find solutions when emotions are involved.
Flexibility – adapting emotions, thoughts and behaviors.
Stress tolerance – coping with stressful situation.
Interpersonal relationships – building mutually satisfying relationships.
Empathy – understanding & appreciating how others feel.
Independence – be self-directed and free from emotional dependency.
Assertiveness – communicating feelings and beliefs; being non-offensive.
Leadership – willingness to lead, take charge of situations, offer opinions and directions to others.
Social confidence – be self-assured and at ease with people in all types of social situations.
Persuasion – negotiating, selling, influencing and attempting to persuade people or trying to change the point of view of others.
Multitasking – dealing with several activities at a time, enjoy being given new tasks before they have finished another.
Teamwork – cooperation with others, good-natured attitude and encouraging people.
Rule following – adhere to rules and strictly follow work regulations.
Attention to detail – focus on details, strive for perfection and be well organized.
Planning – enjoy making detailed plans and long-terms plans.
Self starter – be able to work on own and run with projects requiring critical and deep thinkings