Senior Fund Accountant

Senior Fund Accountant

This position is responsible for preparing monthly management reports, variance analysis, monthly balance sheet reconciliations, BAS, monthly unit statements and tax distribution calculations for a portfolio of unlisted property funds within the Office business.

Responsibilities:

Regular responsibilities:

• Preparation of monthly management accounts for the funds including analytical commentary in accordance with agreed monthly timetable and presentation of the results to stakeholders. Complexities include accounting for development properties, equity accounting of joint ventures, borrowings and derivatives, distributions and consolidation of subsidiaries.
• Preparation of monthly unit price calculations in accordance with the Unit Pricing Policy.
• Preparation and lodgement of monthly BAS/GST returns.
• Preparation of distribution tax calculations including the liaison with external tax advisers.
• Monitor and manage short-term cash position and cash flows.
• Quarterly investor reporting and monthly reporting.
• Manage timely issuing of specific trust invoices, payment and accurate coding of trust payments, as required.
• Responsible for the set-up of new funds, liaising with the transaction and property accounting teams.
• Ensure that the financial data is maintained in an efficient manner including all GL information in Yardi.
• Liaise with internal property managers and property accountants to ensure overall quality of property information.
• Liaise with internal transactions team to support upcoming property acquisitions or disposals.

Annual reporting responsibilities:

• Preparation of consolidated financial statements. This includes the preparation of the cashflow statement, supporting workpapers and respond promptly to queries from external auditors.
• Preparation of annual income tax calculations (including CGT calculations) and returns including the liaison with external tax advisers.
• Review of debt compliance certificates.

Other responsibilities:

• Work closely with asset managers, fund analysts, internal/external registry, investor relations and investors and respond to any ad hoc requests promptly.
• Lead and/or assist with team projects as required.
• Provide and apply technical accounting and taxation knowledge to ad hoc scenarios as required.
• Continuously drive process improvement and implement best practices across all entities and funds and work together with other stakeholders and peers to achieve this.
• Provide assistance to other team members during heavy workload times and other ad hoc tasks when required.
• Proactively be involved in personal development including but not limited to participating in in-house training, external training & seeking mentor relationships within the business.
• Review work prepared by junior team members, as requested.
• Timely delivery of all financial reporting obligations, including year-end financial statements, monthly fund reporting packs, GST, distributions and unit pricing.
• Managing time to be able to deliver to deadlines on monthly basis
• Coordinating multiple stakeholders from auditors to Fund Managers, property finance team etc.

Experience

Behavioral:

• Energy, ambition and a passion for property
• Team player focussed on supporting team deliverables
• Excellent time management and planning skills
• Able to establish positive working relationships with stakeholders
• Takes responsibility and ownership for deliverables including projects/process improvements
• Excellent communication skills – both verbal and written
• Strong analytical and problem solving skills
• Flexible – willing to adapt to new systems or different reporting requirements
• Strong attention to detail

Technical:

• A relevant business degree qualification
• CA (or equivalent) qualified
• Minimum of 5 years relevant experience
• Experience in financial reporting
• High level of competency using excel
• Excellent communication & writing skills
• Property industry experience an advantage although not required
• Exposure to Yardi general ledger system an advantage
• Knowledge of stapled groups / complex consolidation an advantage