Job Summary
IGrow Wealth Investments, South Africa’s #1 Property Investment Company, is looking for a Financial Manager with experience in trust accounting to join their team in their Legal division which specialises in Transfers and Bonds.
To qualify for this position, you must have the qualification and experience:
- A relevant tertiary qualification (Degree in Accounting/Financial Management with
completed articles)
- Previous knowledge and experience of attorney’s trust bookkeeping
- Knowledge of Conveyancing transactions and the accounting thereof
- Knowledge of the Statutory Regulations regarding Attorneys bookkeeping and trusts
- AJS Experience and Excel Advance
Duties and responsibilities include, but not limited to:
BUSINESS ACCOUNTING
- Strategic and Business Financial Planning
- Financial Management and Reporting
- Cash Flow Management
- Financial Risk Management
- Ensure the availability, use, maintenance and development of internal Accounting
procedures and best practices
- Assist the GM with operational decision-making
- Assist with cross-functional corporate services responsibilities with other departments.
- Monthly processing and accounting transactions
- Preparing Monthly Management Statements
TAXATION
- Preparing and submitting income tax, provisional tax and VAT returns
PROJECT ACCOUTING
- Project Costings and feasibility
- Creating and updating Project Guarantee Calculators and Pre-Sales Schedules
- Drafting Guarantees
- Updating draft invoices on computer software program
- Reporting to management
TRUST ACCOUNTING
- Capturing receipts
- Trust Journals
- Payments by use of requisitions
- Client investment duties on various investment platforms: Corporate Saver, Standard Bank TPFA, FNB 3pim
- Opening and closing of Investments on all platforms
- Monthly interest journals for client investment accounts and reconciliations
- Monthly Trust bank reconciliations: FNB, Nedbank, Standard Bank, ABSA
- Ensure that invoices and payments correspond with guarantees
- Attend to Correspondent transactions and accounts
- Attend to Month end requirements and procedures
- Responsible for Trust Audit preparation and queries for companies and FFC compliance.
GENERAL
- Reliable
- Good time management and deadline driven