Job Description

Finance Officer - a senior position, prefer to be Qualified CPA accountant with experience to back and have strata experience

JD

Accounts Payable/Receivable

• Oversee AP and AR

• Process supplier invoices and ensure timely payment from the correct owners corporation account
• Reconcile creditor and debtor ledgers
• Manage insurance premium payments and recovery where applicable

Trust & General Accounting

• Manage trust accounts for multiple owners corporations in accordance with statutory requirements
• Process receipts, payments, and disbursements on behalf of strata schemes
• Perform daily/weekly bank reconciliations for all trust accounts
• Ensure segregation of funds between administrative and capital works (sinking) funds
• Investigate and resolve discrepancies in trust ledgers

Levies & Debt Management

• Calculate, raise, and issue owner levy notices in line with approved budgets
• Monitor levy collections and follow up on arrears in line with company/legislative processes
• Liaise with debt collection agencies or legal representatives on overdue accounts where required
• Process levy refunds, credits, and adjustments

Budgeting & Financial Reporting

• Prepare annual administrative and capital works fund budgets in consultation with Strata Managers and Committees
• Prepare monthly, quarterly, and annual financial statements for owners corporations
• Prepare financial reports and disclosures for Annual General Meetings (AGMs) and Committee Meetings
• Track actual expenditure against budget and report variances
• Assist in forecasting future capital works and sinking fund requirements
• Notes on Financial statements

GST and BAS Lodgments

Compliance & Audit

• Ensure compliance with relevant strata/OC legislation (e.g., Strata Schemes Management Act or equivalent state/regional legislation)
• Coordinate external audits of trust accounts and financial statements
• Maintain accurate records to support statutory audit requirements
• Ensure GST/BAS (or applicable tax) compliance and lodgment where relevant
• Maintain up-to-date knowledge of changes in strata/OC financial regulations

Experience using Excel and Microsoft product

Fluency in English

Proactive and Confident – Go getter

Join the A-Team and experience the A-Life!