Finance Executive/Accountant (Melbourne)

Job Purpose

As a Finance Executive/Accountant, this position plays a key role in supporting all the accounting functions for the property development business of Sime Darby Property (SDP) Australia.

Responsibilities:

• Management Reporting: Prepare timely management accounts, including profit and loss statements, balance sheet, group consolidation reporting to the group
• Audit Coordination: Assist in the annual internal and external audit process
• Internal Controls: Supporting and adhering to internal control systems to ensure precise financial record-keeping
• Cross-Department Support: Collaborate with various departments on accounting and financial matters
• Stakeholder Engagement: Act as a regular liaison with banks, auditors, tax agents, and other regulatory bodies such as ATO, SRO, Council etc
• Financial Reporting: Preparation of the month end/year end closing, project accounting, financial reporting, reconciliation and managing accounts payable and receivable.
• Cash Flow Forecast: Assist in operational cash flow forecast and management
• Banking: Managing the bank accounts and reconciliations
• Accounts Payable Management: Manage the accounts payable process, ensuring timely and accurate payments to vendors while maintaining strong relationships with suppliers.
• Equity/Debt Raising Support: Provide support for equity and debt raising initiatives for projects
• Compliance Management: Preparation of tax work paper and analysis for income tax and other statutory reporting purposes, GST/BAS returns
• Budget Monitoring: Assist with budgeting for corporate and project budgets, including variance analysis.
• Others: Other ad hoc related duties when required
• Assist the Finance Manager in all the accounting functions for the property development business of SDP Australia
• Accountable for the accuracy and timely financial reporting and compliance

• 3+ years accounting experience, preferably in property development industry
• Strong understanding of financing accounting concepts and tax compliance
• High degree of attention to detail and accuracy
• Good time management
• Excellent communication and interpersonal skills to effectively collaborate with stakeholders
• Proactive with a strong sense of initiative
• Ability to work independently and as a team
• Takes ownership of the numbers, reports and analysis
• Unrestricted working rights to work and live in Australia