Financial Reporting

Preparation of information for preparation of yearly financial statements and tax returns for all development and investment entities by external accountants

Capitalisation of development costs

Amortisation of borrowing costs

Cost of goods sold calculations

Coordinate financial reporting with external accountants to meet investor reporting deadline including final reviews and sign off by directors

Prepare annual investor reports and co-ordinate its distribution

Review all changes made by accountants and ensure these make commercial sense for our reporting purposes

Management Reporting

Preparation of monthly development management reports

Provide information and background on costs incurred on a monthly basis for developments

Liaise with development team to ensure budgets and costs have been correctly allocated

Report to banks regarding financial covenants as required

Prepare and review management accounts for correctness as well as identifying areas of risk that require attention

Treasury and Cashflow

Oversee cash requirements for development entities taking into consideration timing of GST and bank financing

Ensure entities maintain adequate levels of cash to meet short and long term requirements

Manage monthly draws of debt from banks including liaising with quantity surveyor, providing non-construction costs

Accounts Payable/Account Receivable

Process payables and distributions on a monthly basis

Attend to invoicing on a monthly basis as required

Oversee administration of leases and appropriate increases are applied

Oversee preparation of yearly outgoings adjustment

Monthly bank reconciliations

Preparation of monthly BASs for development entities

Ad hoc

Apply for registrations for development entities (ABN, TFN, GST)

Handle any enquiries related to development entities

Assist with answering questions from investors

Any other ad hoc duties as requested by the team

Skills and experience

Knowledge of MYOB and MS Office is a must

Knowledge of Xero is beneficial but not required

Please refer to job description.