Property Accountant

at  Iconic Recruit

SKILLS AND EXPERIENCE:

• 5 years of strong owner-operated property accounting experience including financial and tax accounting/reporting
• Formal Accounting qualifications – Degree Qualified, CPA/CA
• Budgeting and forecasting experience in the property industry, with both bottom up from lease level and top-down approach
• Performance reporting and variance analysis experience including commentary tailored to target audiences
• Strong experience interpreting leases and translating to financial outcomes or impact on property accounting
• Practical experience and familiarity with various modules within MRI and workflow is desirable but not essential
• Business or system improvement experience is desirable
• General understanding of tax accounting

HOW TO APPLY:

If this sounds like the opportunity you have been looking for and would like to apply, then please send your CV to Amanda Miron or Marton Volep ASAP via amiron@iconicrecruit.com.au before this position is filled. For a confidential discussion, please call 0467 055 244.
All applications will be held in strict confidence, only shortlisted candidates will be contacted. Thank you for your understanding

ABOUT THE ROLE:

We are seeking a Property Accountant to join our client’s property finance team, overseeing the accounting and financial management of the Commercial Property. This involves handling reporting and strategic financial responsibilities for high-quality commercial property assets, primarily in retail, within key Metropolitan areas along Australia’s eastern seaboard.

DUTIES:

• Ensure accurate and timely delivery of monthly, quarterly, and year-end property reports, including financial and statistical information
• Take full ownership and responsibility for end-to-end property accounting, including tax implications
• Maintain and oversee the property system (MRI) and review / approve property and lease database setup
• Manage tenant billings and collections, collaborating with Property Managers
• Develop and maintain systems, processes, and procedures for property performance analysis and value assessment
• Manage tenancy schedule accuracy and lease administration, including rent roll preparation and expense accruals
• Provide information to Property Managers for monthly property reports, including variance commentary and balance sheet reconciliations
• Oversee tenant receipting allocations and assist with queries and reconciliations
• Review bad debts and propose write-offs, manage PO/invoice coding, and complete management accounts and bank compliance reporting
• Account for capital vs. operational expenses, maintain fixed asset registers, and prepare property budgets and annual outgoing estimates
• Participate in ad hoc reporting, annual audit tax requirements, board reporting, and special projects as needed
• Collaborate closely with the finance team, internal and external property managers, auditors, vendors, tenants, and other stakeholders