Property Accountant - Senior

My client, a large Asset Owner, is seeking a contractor for 6-9 months (likely longer) to join their Residential Property Accounting team.

1. Be responsible, in conjunction with colleagues, for the accounting book of records of the direct real estate portfolio, including residential, commercial, rural, strategic land, timber, and minerals.
2. Ensure acquisitions, disposals, revaluations, income, expenses, and other transactions are accurately reflected in the SAP accounting system.
3. Review information supplied by managing agents regarding income collection and expenses paid to ensure data completeness and accuracy.
4. Collaborate with the Investment Operations team to manage daily treasury functions such as acquisitions, sales, calls, and distributions, ensuring accurate cash management.
5. Work with the Property Finance Manager to perform quarter-end and year-end closing procedures and post monthly journals to NCI's SAP ERP system for various property portfolios.
6. Assist in producing management reports for asset managers on a monthly, quarterly, and ad-hoc basis, and track direct asset management costs against budget.
7. Support the preparation of year-end audit schedules to facilitate annual audits and financial statements.
8. Attend regular service review meetings with managing agents, discuss queries/issues/requests, document minutes, and report progress to the Property Finance Manager and Head of Investment Accounting.
9. Assist in managing the agent change project, including:

• Collaborating with the Contract and Vendor Manager and the Head of Investment Accounting to clarify managing agents' SLA data and reporting requirements.
• Working with existing and new managing agents to ensure accurate data transition through checks and controls.
• Preparing reconciliations between ERP systems and agents' data to ensure successful migration, and obtaining sign-off from the Head of Investment Accounting.
• Post go-live, ensuring accurate reporting from managing agents as per SLA documentation.
• Keeping stakeholders informed throughout the transition to prevent unintended impacts.