Management Accountant (Melbourne)

Management Accountant (Melbourne)

05 Aug
|
Urban Property Group
|
Melbourne

05 Aug

Urban Property Group

Melbourne

Urban Property Group is quickly becoming one of NSW's largest and most dynamic residential developers and there's never been a more exciting time to join our team. A 4.5-star iCIRT-rated property company, Urban has over 40 years of experience delivering high-quality homes, workplaces and retail environments that shape thriving communities across Sydney. Today, we are a fully integrated, multi-disciplinary organisation, bringing together development, design and construction expertise under one roof. This end-to-end capability enables us to deliver on our vision to build for the way living should be, creating places that genuinely enhance how people live.
With a robust and growing pipeline of projects, we are now seeking an experienced Management Accountant to join our finance team and take ownership of project-level financial performance, cash flow and reporting across our development and construction business.
Role Description
As Management Accountant, you will be responsible for tracking project performance against budget and forecast at the development and construction level, and translating this into clear, reliable management and board reporting. Working closely with the finance team and collaborating with project teams, banks and financiers, you will manage cash flow, WIP and revenue recognition, and give senior management ongoing visibility of the development and construction pipeline. This is a hands‐on role suited to a technically strong, analytical accountant with a background in project‐based accounting in property development, construction or asset management.
Key responsibilities




Prepare and maintain rolling cash flow forecasts, including project-level drawdowns and milestone payments
Manage loan and debt facility drawdowns, repayments and covenant compliance (LVR, ICR, gearing)
Support the day to day management with QS, banks and financiers on development and construction finance, including updating of registers, maintaining covenants, and drawdown certifications.
Manage working capital and intercompany funding across multiple entities and SPVs
Undertake project costing, billings, analysis as part of EOM and EOFY
Provide financial support to project teams.
Manage WIP and revenue recognition for development and construction projects in line with AASB 15
Prepare variance analysis of actual results against budget and forecast, by entity and by project
Lead forecasting and re‐forecasting, and prepare trend/scenario analysis and reporting for management and the board
Manage ASIC compliance, statutory accounts and act as lead point of contact for the EOFY audit
Support company secretarial administration and assist with day‐to‐day management of the finance team
About you
CA or CPA qualified, or in the final stages of completion
Bachelor's degree in Accounting, Finance or Commerce




3-5 years' experience in a management accounting, project accounting or similar analytical finance role
Experience within property development, construction or real estate asset management highly regarded
Working knowledge of AASB 15 and revenue/WIP recognition for project-based businesses
Proficient with Jobpac, MYOB, Xero or Property Tree, with advanced Excel skills
Want to grow in a dynamic working environment and not afraid of taking on challenges.
Strong analytical and financial modelling skills, with high attention to detail and accuracy.
Strong problem-solving skills and sound commercial judgement, with the ability to think through complex issues and connect the dots across projects and entities.
Ability to translate project-level data into clear, actionable management and board reporting.
Strong commercial acumen and understanding of project economics in a development/construction context.
Excellent written and verbal communication skills, with the ability to liaise confidently with project, finance, and external stakeholders.
Ability to manage competing deadlines across multiple projects and entities.
High level of initiative and a continuous improvement mindset.
Collaborative approach, working closely with the Senior Financial Accountant and project teams.
Work across high-quality, design-led residential projects
Collaborative, down-to-earth team environment
Genuine ownership over project-level finance and reporting
A business that values quality, long-term thinking and people-first outcomes
#J-*****-Ljbffr

📌 Management Accountant (Melbourne)
🏢 Urban Property Group
📍 Melbourne

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