Finance Manager - Property

at  Greystar Real Estate Partners LLC

ABOUT GREYSTAR

Greystar is a leading, fully integrated global real estate company offering expertise in property management, investment management, development and construction services in institutional-quality rental housing, logistics, and life sciences sectors. Headquartered in Charleston, South Carolina, Greystar manages and operates over $315 billion of real estate in 250 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, manages more than 1,000,000 units/beds globally, and has a robust institutional investment management platform comprised of more than $78 billion of assets under management, including over $36 billion of development assets. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com.

JOB DESCRIPTION SUMMARY

The Finance Manager - Property will lead Australia’s property accounting function with overall accountability for the financial operation, accounting and reporting of Greystar Australia’s property portfolio. This role will be based in Sydney, Australia.

QUALIFICATIONS

• Qualified accountant (CA/CPA)
• Degree in accounting, business, finance or related field
• 8+ years of property accounting experience
• Strong understanding of AASB and IFRS
• Strong understanding of Australian GST
• Experience in business development/improvement advantageous
• Experience in wholesale real estate funds, listed REITs or funds management advantageous
• Yardi experience advantageous
• Strong organisational skills and excellent communication skills with all levels of staff
• Ability to work to tight deadlines
• Ability to handle high levels of pressure and changing priorities
• Ability to work independently and in a team
• Proficient in the use of Microsoft Word and Excel
  Greystar is an equal opportunity employer committed to providing a working environment that embraces and values diversity and inclusion. By coming to work for us, you’ll be part of an organisation that encourages diversity, supports charities and environmental initiatives.
  We encourage Aboriginal and Torres Strait Islander, and people of all backgrounds to apply. If you have any support or access requirements, we encourage you to advise us at time of application. Your personal information will be kept confidential in compliance with relevant privacy legislation

Establish, maintain and manage best practice property accounting processes and controls;

• Identify improvement opportunities and drive streamlining of processes to improve efficiency and productivity, and achieve operational excellence;
• Apply local generally accepted accounting principles (AASB) and International Financial Reporting Standards (IFRS);
• Manage onshore and offshore property accounting teams to:

o Ensure timely and accurate month end close process in accordance with the month end timetable, includes posting journal entries, accruals, reconciliations, and resolving discrepancies to ensure completeness;
o Maintain accurate accrual and cash accounting records;
o Deliver high quality financial and management reporting, including commentary, to internal and external stakeholders;
o Oversee the billing process and resident payments by providing guidance, support, and ensuring accuracy;
o Ensure timely vendor payment and appropriate recording of tax and expense accruals;
o Maintain fixed asset registers;

o Manage property cash flows, including forecasting, fund requests and owner remittances;

• Co-ordinate the budgeting and forecasting process for Greystar’s property portfolio, including the review and critique of budget assumptions provided by Property Managers;
• Co-ordinate and drive property required audits including outgoings and trust account audits;
• Complete other reasonable duties as assigned or as necessary.