Property Analyst

We're reimagining the way Australians live, work, and play. We own and manage some of the most recognisable and loved retail destinations across Australia.

We're evolving our portfolio into destinations that offer a broad selection of retail, residential, and office spaces. Through our diverse portfolio, data-led decision-making, and nationwide development pipeline, we do things differently.

We are Vicinity.

Job Description Summary

The key purpose of the Property Analyst is to be responsible for monitoring, preparing, reporting and analytical review of property performance. The role is responsible for producing property budgets and forecasts with a focus on maximising Net Property Income (NPI), , manage debtors, reconcile monthly rentals and investigate variances and assist the centre team in preparation of monthly outgoings.

Key accountabilities

·       Business partner with key stakeholders to highlight risks and opportunities across the asset, extract financial insights from analysing trends and respectfully challenge NPI assumptions and provide accurate and relevant financial and commercial advice for the centre/centres

·       Prepare monthly reporting and analysis for review by the Property Analysts to ensure that centre budgets are achieved

·       Calculate and invoice percentage rent in accordance with leases, state legislation and Group policies

·       Reconcile recoveries, investigate variances and take corrective action as required

·       Ensure shopping centre reconciliations are prepared and that aged items are cleared in a timely manner

·       Identify processes that can be eliminated or improved

·       Document procedures for new tasks

·       Identify and develop action plan to deal with shopping centre recurring issues

·       Assist the Centre Team in the preparation of the monthly outgoings forecast and the financial management of outgoings costs and outgoings rate

·       Calculate recoveries of outgoings in accordance with leases and state legislation

·       Calculate the gross lettable area (GLA) of the centre for the purposes of the outgoings rate calculation

·       Report and identify variances when reviewing non-recoverable costs and take corrective action as required

·       Assist the Marketing Manager in the preparation of the monthly marketing forecast and the financial management of the marketing costs

Ensure solvency of marketing fund

Experience & Capabilities

ESSENTIAL EXPERIENCE

(what you have done)

·       Tertiary qualifications in Business, Accounting or related business discipline

·       Post Graduate qualifications CA/CPA or studying towards this qualification

·       Experience/interest in management accounting, analysis and budgeting, financial accounting or auditing

CRITICAL KNOWLEDGE

(what you need to know)

·       Commercial acumen

·       Strong oral and written communications skills with clear lateral thinking capability

·       Financial literacy and ability to analyse financial data

CAPABILITIES

(what you can do)

·       Proficient in use of Excel / Word / PowerPoint / Outlook

·       Disciplined approach to problem solving

·       Self management skills

·       Attention to detail

·       Having the ability to work as part of a team and to work with the business to ensure the fostering of strong working relationships

·       Ability to communicate financial data/insights to non financial stakeholders

Why Vicinity?

Our benefits program focuses on creating an awesome place to work in which our people are rewarded and recognised. This includes:

• Flexible working options
• Birthday leave & purchased additional leave
• $1,000 worth of VCX securities rewarded for eligible team members
• Internal mentoring program
• Generous Parental Leave

We live and work by our values of Respect, Integrity, Customer Focus, Collaboration and Excellence.  They are the foundation to everything we do and provide us a north star with which we can shape meaningful places where communities connect.

At Vicinity we embrace and celebrate diversity and are committed to creating an inclusive work environment where we attract, retain and develop our people regardless of gender identity, ethnicity, sexual orientation, disability and age. Applications are encouraged from all sectors of the community and we strongly encourage applications from the Aboriginal and/or Torres Strait Islander community.

Our people and our Employee Advocacy Groups (Gender Balance, Cultural Diversity, Disability & Access and Pride & Allies) actively build community and provide allyship within Vicinity. If you'd like to speak to someone to understand what it's like firsthand to work here, please reach out to our Talent Acquisition team.

We are aware of current limitations with our website accessibility and are working towards improving this. Should you experience any issues accessing information in this job advertisement or the application form, and require this in an alternate format, please contact our Talent Acquisition Team. Similarly, if you would like to discuss workplace accessibility, any reasonable adjustments we can make to better support you during the recruitment process, or your potential future role please reach out to our Talent Acquisition team:

Email:

Phone: (request to speak to our Talent Acquisition team)

Note: To be eligible to apply for this position, you must have existing, relevant Australian work rights. At the later stages of the recruitment process the shortlisted candidate/candidates will be required to undergo a Criminal History Background/Police Check as a mandatory part of the process. Additional qualification checks may also be required dependant on role and level.