Retail Property Accountant

[axr] Recruitment & Search; Sydney; Hybrid; AUD 108,000 - 132,000; Full time

Benefits offered by this job

Hybrid working

Pathway to permanent

Job summary

[axr] Recruitment & Search is seeking a hands on Retail Property Accountant for a 12 month contract in Sydney CBD with 1 day WFH. You will own month end across a portfolio of retail assets, build repeatable processes and support asset managers with budgets and forecasts.

Experience in retail property accounting is essential, with Yardi and strong Excel skills highly regarded. CA or CPA is preferred but not essential.

Qualifications

• Retail property accounting experience is essential.
• Experience with portfolio performance monitoring and reporting.
• Comfort working with asset managers and explaining numbers.

Responsibilities

• Own the month end close for a portfolio of retail assets.
• Prepare accruals, journals and property P&Ls and deliver reports to asset managers.
• Manage tenant billing, outgoings recoveries and percentage rent across leases.
• Complete balance sheet reconciliations and tenancy audits.
• Set up a repeatable month end process and support budgets/forecasts.

Skills

Excel

Stakeholder communication

Backlog management

Education

CA or CPA completed or underway

Tools

Yardi

Job description

Retail Property Accountant

12 month contract, with a genuine pathway to permanent

Sydney CBD, 1 day WFH

$120,000 base plus Superannuation

Job Brief

Our client is looking for a hands on Retail Property Accountant to take control of month end across a portfolio of retail assets. This suits someone with retail property accounting experience who wants to build a reliable process, clear a backlog and become the go to person for the asset management team.

About Our Client

Our client is a growing property investment and funds management business with a portfolio across industrial and retail. Their approach is value add: they buy assets where there is room to improve, through expansion, remixing tenants or repositioning. The finance team is close knit and collaborative, and works directly with the asset managers who run each property. As the retail portfolio has grown, the business wants to strengthen how retail accounting is delivered.

Responsibilities

• Own the month end close for a portfolio of retail assets, ranging from large format centres to shopping centres with a high volume of tenants, including majors, mini majors and food courts
• Prepare accruals, journals and property P&Ls, and deliver reporting to asset managers in close to final form
• Manage tenant billing and lease data, including outgoings recoveries and percentage rent across leases with differing arrangements
• Complete balance sheet reconciliations and tenancy audits
• Clear the existing backlog and set up a repeatable month end process
• Work closely with the retail asset managers, answering questions on the numbers and supporting budgets and forecasts
• Spend some time with the Queensland based asset management team and centre management, mainly in the first few months

Requirements

• Retail property accounting experience is essential, ideally gained with a REIT, centre owner or retail property group
• Candidates from a mid tier accounting firm will be considered if they have worked on significant retail property clients
• Yardi experience is strongly preferred
• Strong Excel skills
• CA or CPA completed or underway is preferred but not essential
• Comfortable working directly with asset managers and explaining the numbers
• Open to occasional interstate travel

What's on Offer

• A 12 month contract with a real opportunity to move into a permanent role
• A clear brief: fix month end and build the process, with visible impact on the business
• Close working relationships with asset management in a growing, value add property business
• Hybrid working once settled in, with a team that supports midweek days at home