High profile property company with a growing portfolio of retail assets.
The Role
The Retail Property Accountant will oversee the financial operations of a portfolio of retail assets, with a primary focus on owner-level reporting, budgeting, tenant financials, and outgoings management. This includes:
- Manage end-to-end property accounting functions for retail tenancies
- Prepare monthly owner reports: P&L, cash flows, tenant ledgers, aged receivables, and variance commentary
- Process accruals, journals, and reconciliations (bank, GL, outgoings)
- Ensure accurate and timely ERP entries for all retail-related transactions
- Prepare annual budgets and quarterly reforecasts in collaboration with Asset Management
- Lead outgoings estimates and reconciliations, including full audit trail for recovery
- Coordinate annual Retail Outgoings Audit (per Retail Leases Act)
- Support outgoings statements and tenant variance explanations
- Oversee rent invoicing, turnover rent calculations, escalation processing, and tenant recharges
- Monitor arrears and follow through on resolution/escalation with Centre Management
- Maintain tenant account integrity including bank guarantees and security registers
- Maintain and improve financial reporting tools (MYOB, Excel, MRI/MRX)
- Liaise with software providers (e.g. MRI, PMX) to resolve data/process issues
- Ensure adherence to lease terms and Retail Leases Act as they relate to financials
- Coordinate financial audit deliverables (external and internal)
- Maintain up-to-date insurance, lease, and tenancy schedules with financial relevance
- 3-5 years experience in a Retail Property Accounting or Retail Finance role
- Proven experience within a reputable retail property management firm
- Advanced skills in MYOB and Excel; exposure to MRI, PMX, Yardi, or equivalent platforms
- Strong understanding of Retail Leases Act, retail-specific recoveries, and retail audit processes
- Demonstrated ability to manage end-to-end financial ownership of retail centres
- Experience working within or supporting system transformation or ERP implementations
