Property Finance Analyst

• Exciting career development opportunity 
• Broad finance and property investment skills required
• Progressive and dynamic company
• “In office” role

Due to recent growth, CHP Management has a requirement for a motivated and passionate individual, wishing to be a part of a dynamic commercial property business. 

We are seeking a professional who can oversee the financial administration of the portfolio for the Company, and support the Senior Analyst as directed. Ultimately collaborating with the property management team to deliver superior analytical expertise to the Clients and other stakeholders.

About the Role:

Provide analytical expertise to the portfolio encompassing Office, Industrial, Shopping Centres and developments throughout Australia. This role encompasses:

• Analytical monthly reporting on the financial and retail performance of the assets.
• Provide financial and analytical support to the Portfolio Managers in the delivery of property management and facilities management services to their clients.

Oversee the financial operations of CHP Management’s assets via management of net income including outgoings budgeting, recovery reconciliation, sales reporting, turnover rent, and extended trade analysis where required.

• Outgoings recovery
  • Oversee the portfolio management of the outgoing’s recovery for tenants.
  • Ability to utilise technical and retail act knowledge to understand lease requirement and ensuring outgoings calculation reflects accordingly.
  • Provide the Property Management team with analytical assistance to ensure accurate recovery profiles for each net tenant.
  • Manage the annual budgeting and outgoings reconciliation process for the portfolio and the external auditors.
  • Process improvement- to build outgoings calculations (mainly majors) within Yardi to minimise use of excel.

• Turnover rent calculations – Retail tenants
  • Oversee the collection of retail tenant’s sales figures.
  • Provide strong analytical reporting of retail sales figures to property/centre managers and clients.
  • Ensure all turnover based calculations are correct to the lease.
  • Each month collate each applicable tenant turnover rent mechanism and ensure timely calculation and invoicing to tenants.
  • Process improvement- to build percentage rent within Yardi to minimise use of excel.

• Property Budgets
  • Oversee the generation by property managers and proofing of property budgets for the retail portfolio. Ensuring timely completion of critical tasks in meeting Company directions.
  • Ensuring recovery profiles for tenants within the portfolio is accurate to the lease.
  • Assist the managers in presenting the budgets to clients.
  • Ensuring timely and accurate delivery of correspondence to tenants in meeting the Act requirements.
  • Updating the Companies internal software for tenant charges

• Monthly Accruals
  • Perform monthly accruals on a timely basis for accrual basis properties within portfolio.
  • Provide analysis and commentaries to support journals made.
  • Business partner with various property managers to ensure action items are performed monthly.

• Monthly financial reports
  • Proofing before issuing to Clients.
  • To ensure and uphold the Companies policies and procedures within the financial management of the portfolio and to ensure alignment with each Client’s management and investment objectives.

• Year End close off.
  • Collaborate with the finance team and property managers to ensure the portfolio’s end of year procedures are completed in a timely manner including any carry forward balances.
  • End of year reporting to be issued to clients as per each Client’s request.

• Ad Hoc
  • Lease maintenance- New property set up, net tenants, change in property areas.
  • The financial management of the major supermarket lease requirements such as rent reviews.
  • Assist senior management with any required changes to the Companies policies and procedures of the trust and financial management, as changes in legislation requires or internal management changes.
  • Take primary charge for the continual improvement to the Companies property/financial management software platform for the retail portfolio. Continually look for opportunities to improve service delivery or efficiency of administering the retail leases within the portfolio.

• Lease Administration
  • Lease maintenance
  • New property set up, net tenants, change in property areas.

Qualifications 

• Previous experience in a Retail property/ management accountant role or similar

Competencies:

• Commercial acumen
• Knowledge of investment software Yardi highly desirable
• High proficiency in Microsoft Office (Outlook, Word, Excel)
• Excellent Communication skills both Written and Oral, ability to converse with all level of staff from senior level management to technical staff.
• Excellent stakeholder and time management skills
• Attention to detail.
• Ability to work as a team and collaborate with different department/ team members.

Perks & Benefits 

Within the role you will be guided by senior members of the team who have previously worked in this role. You will be provided with regular continued support and ongoing training to ensure you have the necessary tools for success in this position with the potential for future career development.

This exciting opportunity will suit a self-motivating and passionate individual who portrays a high level of accountability, initiative and attention to detail. If this opportunity excites you, apply now.

Salary package will be renumerated in line with individual experience.