Property Finance Business Partner - Claremont at Virgin Active South Africa

Introduction

Your Purpose... To make exercise irresistible. To help us ensure that fixed assets and accounts payable balances are accurate, complete and valid.

Job description

Your Duties and Responsibilities...

• Continually seek process efficiencies to identify, minimize and eliminate “manual” or labour intensive processes;
•  As part of the finance, review and authorise outgoing payments to suppliers, members and staff when required.
• Continually review, design and implement processes within property management and payments, that ensure are adequate controls and systems exist that prevent or detect errors / invalid payments, supported by a seamlessly integrated or automated business and systems end to end process flow;
• Provide monthly commentary on rent variances;
• Prepare the 5YP rent submission plan;
• Ensure that monthly rental payments as per the rental contracts agree to signed or amended lease agreements;
• Continually work with BI team to improve the end user experience and support the needs of business stakeholders through the production of meaningful property reporting;
• Preparation and maintenance of IFRS 16 lease liability and right of use asset calculations;
• Ensure that proper reconciliation of balances due per landlord statements to amounts paid is performed and that all property related unpaid expenses actually incurred are appropriately accrued for where necessary;
• Ensure that rental payments are correctly adjusted on finalization of TI Allowances;
• Review back-dated rates escalations and ensure these are properly calculated and charged;
• Support the national property asset manager with the annual rent and rates budget;
• Support internal business stakeholders and specifically the national property asset manager with the analysis and forecast of property related expenses;

Minimum requirements

We can’t live without…

• Respect for others
• Honesty and accountability
• Strong analytical and problem-solving skills
• Initiative and resourcefulness
• Critical and informative interpretation of financial information

We’d love you to…

• Be deadline driven
• To be able to work independently
• Have strong written and verbal communication skills

We’d like you to have…

• BCom, BBSc or similar tertiary qualification
• Experience with business process and information systems design