Spectre Property is a commercial and industrial property development group with offices in Melbourne and Brisbane.We industrial and commercial projects across Victoria and Queensland.Our accounts function sits at the centre of the business.
It spans multiple project entities, joint venture partners, financiers and purchasers, and it touches every stage of a development from the first invoice through to settlement.WHAT YOU WILL BE DOINGAccounts payableProcessing supplier invoices into Xero, identifying the correct entity and project each cost belongs to and applying the correct GL codeBank reconciliations across multiple entity filesPreparing ad hoc payments including brought forward supplier payments and rental guarantee paymentsLoading payments into the bank for release by the Managing DirectorAccounts Receivable and Inter Company BillingRaising invoices from Spectre Property to the project entities for services provided, and ensuring both sides of the transaction are recorded correctlyRaising purchaser and other project invoices, applying receipts, and following up outstanding amountsMaintaining intercompany positions so balances agree across entitiesSettlements and ProjectsPreparing for and reconciling settlements, often thirty to fifty lots at a time.
Reviewing settlement statements, raising the associated invoices and bills, applying clearing account treatment, and reconciling amounts remitted to the financier against GST receivedCalculating rental guarantee obligations, including the difference between rent received and the guaranteed amountProcessing builder progress claims paid directly by the financierReading and reconciling lender and financier loan statements, and posting drawdowns, capitalised interest, line fees and establishment fees correctly against each facilityMaintaining director and intercompany loan accounts, including calculating and applying interestMigrating pre Xero entities from Excel based bill registers into Xero, including correct allocation to loan accountsReporting, Payroll and ComplianceMonthly profit and loss, balance sheet and cash flow reporting to directorsJournal entries and general ledger reconciliations as part of month endMid month payables reporting,



confirming bills due at month end have the required internal and external approvalsExporting bills from Xero for import into our development feasibility toolProviding Development Managers with project cost data.
Coding accuracy matters here, as this information feeds project decisions downstreamSupporting the development team with project and group cashflow reporting and forecastingFortnightly payroll and superannuation for a team of five to ten, including related reportingPreparing and lodging BAS for each entity through the ATO portalsCompany administration across the group, including record keeping for trusts, corporate trustees and partnerships, and annual reporting obligationsLiaising with internal and external stakeholders including financiers, joint venture partners, conveyancers and suppliersWorking with AccountantsPreparing each entity for year end and responding to queries from our external accountantUnderstanding and posting the journals they provide, and being able to follow the reasoning behind them rather than simply entering themBuilding the functionDocumenting the processes you learn and building out a written playbook for the accounts function.
Very little of this is currently on paper, so you will be creating it, with the Directors' input, as you work through each task for the first time.WHAT WE ARE LOOKING FORThree or more years in a broad accounts role with genuine ownership of the ledgerExperience in property development, construction, or an accounting or conveyancing practice with strong property settlement exposureXero across multiple entities, including trusts, corporate trustees, and intercompany and loan account treatmentComfort with debt facilities.
You can work through a lender statement, identify drawdowns, interest and fees,



and account for them correctlyHands on experience preparing and lodging BASConfidence with journal entries and general ledger reconciliations, and experience working alongside an external accountant at year endSound Excel skills.
Some of our earlier entities are still run on Excel bill registers before migrationPayroll and superannuation processing experienceStrong written and spoken English.
Instructions here often carry context and exceptions, so explicit comprehension mattersGood commercial judgement.
You can read a settlement statement or an invoice, work out what it relates to and how it should be treated, and run with it once you have been shown the approachThe confidence to raise something when a transaction does not fit the usual patternWell regardedDegree or diploma qualified in accountingExposure to development feasibility toolsExperience with joint venture partner reportingExperience setting up new entities in Xero from scratchThis is a hands on transactional and project accounting role rather than a financial controller position.
The person who enjoys it will be someone who likes owning the detail.The work is recurring and the rhythm is predictable, but our processes are not yet written down.
Much of what you need to know sits with the Directors and gets passed on as you go, so you will be learning our structures and our approach in the early months and documenting them as you do.
If you like bringing order to something, there is plenty of scope here.You will load payments and the Managing Director releases them, so there is no payment authority attached to the role.This is a standalone role.
You will be the accounts function, working directly with the Directors and the Development Managers rather than within a finance team.
If you enjoy owning a function end to end and seeing your work matter, it suits well.WHAT WE OFFERA direct reporting line to the Managing Director, full ownership of the accounts function, and real influence over how it is runGenuine variety across a portfolio of active development projectsFlexible working arrangements, based in HuntingdaleOnsite parking and an easy commute against the traffic
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📌 Accounts Manager - Property Development (Melbourne)
🏢 Spectre Property
📍 Melbourne