Property Accountant

The Company
Listed on the NZX, Precinct is a long-term owner, developer and manager of real estate in New Zealand. 

Precinct is the largest owner, developer, and manager of premium commercial real estate in Auckland and Wellington. As an NZX-listed company, thousands of Kiwis invest in our business, which also includes leading coworking provider, Generator, Commercial Bay Retail Centre, third party capital partnerships, and a growing pipeline of residential development projects around Auckland.

Our core business is owning, developing and managing commercial office buildings in city centre locations. More recently, we have expanded our strategy to include development of retail, hospitality, tourism and residential projects which add amenity and benefits for our customers and drives sustainable value for our shareholders.

Our precincts are designed with people-centric outcomes in mind, to create multi-use hubs that empower our communities to lead more connected, fulfilled, and meaningful lives.

The opportunity
This is a 12-month fixed-term-contract opportunity for a Property Accountant. You will be responsible for the financial reporting of the Precinct Portfolio and providing assistance to the Accounting Team Leader with all other month end reporting requirements.

Responsibilities will include, but not be limited to:

• Prepare monthly EOM reporting up to Net Property Income;
• Review the general ledger and undertake journals and adjustments as part of the month end process;
• Assist the Property and Facilities Managers in preparation of monthly income and expenditure accruals;
• Prepare, review and reconcile income and expenditure profit and loss accounts to trial balance on a monthly and year to date basis;
• Undertake variance analysis, in conjunction with the Property and Facilities Managers, on a monthly basis providing explanations for discrepancies on a month to date and year to date basis;
• Complete monthly operating expense washups accruals for management reporting and annual washups for tenants including audit review;
• Complete calculations for turnover rental and GOC invoices as per specific lease requirements;
• Deliver monthly and other periodic reports within specified timeframes for the Precinct Portfolio;
• Prepare the calculation of IFRS adjustments for property prepayments, lease incentives, prepaid lease costs and straight-line rental income;
• Assist in annual budget preparation and monthly forecast preparation;
• Support the annual and interim audits.

What’s in it for you
This is a superb opportunity to join a highly reputable NZX listed Real Estate business and be part of a high performing and collaborative team. Amazing offices, brilliant benefits and a fantastic culture.

Your profile

• Tertiary qualifications in accounting or a business related discipline;
• CA/CPA or equivalent qualified or working towards;
• 3+ years of accounting experience;
• Experience in property accounting;
• Experience in retail property accounting;
• Excellent interpersonal and communication skills.

To be considered for this position, submit your CV by following the link below. For more information contact Caroline Ledger on carolinel@huntercampbell.co.nz