[Hiring] Property Accountant @People Dimension

Role Description

The Property Accountant is responsible for the day-to-day accounting of the company’s property portfolio and for compiling the financial reporting packs that support the Asset Manager. The role covers:

• Tenant billing and recoveries
• Municipal and utility recovery reconciliations
• Building-level bookkeeping
• Month-end close per property
• Preparation of budget-to-actual and portfolio performance reporting inputs

The role reports to the Financial Manager, with a functional (dotted) line to the Asset Manager for reporting matters. Success looks like clean, on-time property books, accurate recoveries, and reporting packs the Asset Manager can trust without re-checking.

Key Responsibilities

• Tenant billing & leases: Process monthly tenant billing (rentals, operating costs, rates, parking and other charges) accurately and on time, in line with signed lease terms.
• Recoveries: Calculate, bill and reconcile tenant recoveries — including municipal and utility recoveries (electricity, water, rates, refuse) and ensure recovery ratios and reconciliations are accurate.
• Building bookkeeping: Maintain complete, accurate books per building/entity: process invoices, allocate costs correctly, and keep the general ledger clean.
• Reconciliations: Reconcile tenant accounts, municipal accounts, deposits and inter-company balances; investigate and clear reconciling items promptly.
• Month-end close: Run month-end close per property — accruals, journals, straight-lining where applicable — and deliver accurate management figures to deadline.
• Deposits & arrears: Maintain tenant deposit records and support the Debtors’ function on arrears, credit control and tenant queries.

Reporting Support to Asset Management

• Budget-to-actual per building: Prepare monthly and quarterly budget-versus-actual packs per property, with clear variance detail.
• NOI & portfolio performance: Compile net operating income, yield, occupancy/vacancy and other performance metrics for the Asset Performance Review.
• Recoveries reporting: Provide recovery-ratio and utility-recovery reporting so recovery accuracy is visible and defensible.
• Annual budgets: Assist the Asset Manager in preparing and consolidating annual property budgets and forecasts.

Contract Type and Duration

This is a permanent, full-time position.

Work Hours

Standard work hours are 08:00 am to 17:00 pm, Monday to Friday (including lunch).

Qualifications

• A relevant accounting qualification — e.g. BCom / Diploma in Accounting, or part-qualified (SAIPA / SAICA / CIMA) or an experienced property bookkeeper with a strong track record.
• Solid, demonstrable commercial property accounting experience (retail and/or office), including tenant billing, recoveries and month-end — this is essential.
• Hands-on experience in a property management system, ideally MDA / MRI Property Central.
• Strong working knowledge of municipal and utility recoveries in a South African context.

Benefits

• Group Provident Fund included in CTC above (Employee & Employer contributions: 4.5% each)
• 15 days of annual leave

Skills

• Accounting
• Asset Management
• Client Portfolio Management
• Financial Reporting
• MDA Accounting
• Microsoft Excel
• Monthly Closes
• Portfolio Management
• Property Management

Interested?

Shortlisted applicants will be contacted within 2 weeks; if you do not hear from us by then, your application for this position was unsuccessful, but you have been added to our database for future vacancies.