Financial Accountant Accounts Manager


The Finance Accounts Manager will be responsible for the delivery of financial and management accounting, for the company, including the aged care, retirement village sections, and all other company investments. 

They will be involved actively with site operations, and to improve facility and management performance.

They are expected to maintain professional relationships with both internal and external stakeholders and foster caring relationships with residents, as well as supervising the training of financial staff members


Position Objectives

•             Preparation of financial statements and reports for the Board and other key stakeholders on a monthly basis.

•             Cash flow, GST/FBT and all other statutory financial and taxation reporting.

•             Ad hoc financial analysis.

•             Provide timely and effective financial reporting to the company directors.

•             Assistance in development and implementation of policies and procedures.

•             Monitor a safe workplace and ensure Workplace Health & Safety policies and procedures adhered.

•             Assist on ad hoc projects (e.g. human resources, due diligence, accounting systems, etc)

•             Identify likely problems and recommend early remedial action


Reporting and Team Relationships

•             This position reports directly to the Directors and Proprietor who co-share in the supervision of the finance accounts team for day to day financial reporting.

•             Provide guidance to other accounting personnel when required.

•             Finance accounts office staff are required to function as a team with the emphasis on sharing the decision making responsibilities with the directors as this is essential to the overall success of the business.


Major Challenges

•             Ensure all reporting is accurate and completed to specific time frames.

•             Ensure all company policy and procedures are followed and report any WHS issues and/or breaches of policies to the directors.



•             Travel required on an ad-hoc basis dependent upon the needs of the role.


Financial Reporting

•             Preparation of monthly Board reports, including Actual vs Budget results and other supplementary reports.

•             Provide monthly reporting on the Aged Care and Retirement Village financial status and provide other support as required

•             Preparation/processing of transactions into General Ledger.

•             Review and/or perform General Ledger reconciliations if required.

•             Corporate and related entities invoicing/reconciliations.

•             Aged care and RV Maintain and Review Fixed Asset Register maintenance (Tax & Accounting)

•             Review of support staff entries for accuracy and completion on a regular basis (at least monthly)

•             Review of all bank reconciliations monthly

•             Ensure month end procedures are followed and signed off

•             Compile Annual Financial Statements for Jomal Pty Ltd and related entities for review by auditors (including work-papers)

•             Compile Taxation reconciliations for Jomal Pty Ltd and related entities.

•             Prepare aged care budgets for relevant departments.

•             Prepare retirement village budgets for relevant funds

•             Assist with annual Quantity Surveyor process for RV capital and maintenance reports

•             Oversee and review accuracy of village income and expenditure statements and balance sheets, ensuring associated deadlines are met

•             Review the coding of expenditure classification in QuickBooks accounts

•             Assist with analysing actual to budget forecast for RV and aged care financials.

•             Reconciliation of RV general services/recurrent charges payable by the Scheme Operator


Statutory & Legislative Reporting

•             Review and assist in the preparation of monthly GST returns.

•             Collation of FBT returns.

•             Assist in the collation of statutory reports and liaison with external Auditors.

•             Insure Income Tax compliance

•             Preparation of Tax Planning options for the group annually

•             Ensure Activity Statement compliance



•             Provide assistance to Accounts Payable, Accounts Receivable, Payroll and Roster personnel.

•             Support other members of Finance Team.

•             Training/mentoring junior or intermediate staff as required

•             Training of finance staff to appropriate level in order for the support staff to have ownership and responsibilities for most day to day transactions.

•             Prepare RV Scheme Operator financial statements in accordance with accounting standards, company policy and legal obligations, and ensure completion within specified deadlines

•             Assists accounts receivable with ILU RV register and accounting for unit sales

•             Review RV Exit Entitlement Calculations as requested

•             Assist with annual Retirement Village External & Internal Valuations

•             Liaise with and assist the Retirement Village Manager as requested

•             External reporting to resident committees as requested

•             Identify likely problems and recommend early remedial action

•             Identify areas for improving operational performance

•             Oversee Aged care and RV resident billing

•             Oversee Accounts Receivable to ensure resident payments, RADS/DAPS/Bonds are recorded accurately in the accounting system each month

•             Oversee Accounts Receivable to ensure monthly government subsidies are accurately calculated and received.

•             Oversee Workers Compensation and related matters

•             Oversee Payroll and Rostering

•             Oversee Accounts Payable to ensure all suppliers are paid in a timely manner and review all coding of expenditure classification in Quickbooks to be correct.

•             Reconciliation of general services/recurrent charges payable by the Scheme Operator

•             Prepare written responses to financial queries received from residents, as and when required, in a timely manner

•             Assist village manager with resident committee meetings, in relation to village financial matters

•             Responsible for assistance in the completion of annual external audits

•             Presentation of RV financial results and information

•             Ad-Hoc assistance for analysis and assistance with Special Resolutions

•             Assist Retirement Village Manager with ensuring financial legislative compliance if required

•             Maintain company secretarial requirements


Management Reporting & Financial Analysis

•             Proactive approach to business improvement through delivering management reports

•             Produce ad-hoc reports and projects as required.

•             Develop Monthly / Quarterly Management Report packs to ensure a review of business operations by management is in place (includes a review and summary of financials)



•             Participate in the maintenance of Commonwealth Accreditation of Sunnymeade Park Aged Care and Retirement Living Community.

•             Contribute to the development of quality programs.

•             Assist to collect accurate comprehensive data at appropriate intervals.


•             Quality, accuracy and timeliness of all reports.

•             Accuracy of information processed.

•             Accuracy and completeness.

•             Accuracy and compliance with Accounting and Taxation standards and legislation.

•             Quality, accuracy and completeness of report.

•             Meet budgets and deadlines

•             Feedback from internal clients.

•             Quality and accuracy of returns.

•             Quality, accuracy and timeliness of reporting.

•             Quality, accuracy and timeliness of reporting.

•             Feedback from clients and members of Finance Team and management.



•             Degree in Business or Commerce- Majoring in Accounting or equivalent.

•             Tertiary: Completed a degree in business studies with an accounting major, or equivalent.

•             CPA or CA qualifications  (minimum 2-3 years post)

•             National Police Clearance (within 6 months date of issue)

•             Experience in financial environment in essential.


Knowledge and/or Experience

•             Knowledge of accounting standards and compliance with corporate affairs and other government regulations affecting business

•             Broad understanding of accounting standards (inc IRFS) legislation, regulations and requirements

•             Quick Books accounting package experience desirable.

•             Proficient in Microsoft Excel, Word, Power-point

•             Proficient general computer skills e.g. keyboard skills


Desirable Selection Criteria

•             Professional member or studying for membership of the ICAA/ASPCA or equivalent

•             Retirement Village industry experience

•             Residential Aged Care experience


Technical and Business Skills and Competencies

•             Excellent accuracy and numeric skills.

•             Excellent level of verbal and written communication

•             Excellent level of verbal and written communication

•             Excellent organisation skills.

•             Meet budgets and deadlines

•             High level of attention to detail.

•             Sound judgment skills.

•             Research Skills

•             Conflict resolution experience

•             Proficient time management and organisational skills

•             Commercial awareness

•             Strong interpersonal skills; networking, working with junior and intermediate staff

•             Professional telephone etiquette


Personal Competencies

•             Confidentiality, professionalism and honesty are essential.

•             Ability to build rapport with other personnel and external clients.

•             Ability to meet deadlines.

•             Excellent interpersonal and communication skills, with the ability to convey financial outcomes to many different stakeholders.

•             Strong work ethic and ability to work autonomously.

•             Clean, neat and tidy appearance.

•             Integrity and Professionalism.

•             Articulate with good communication skills.

•             A positive “can do” attitude.

•             Flexible approach to work planning.

•             Ability to contribute effectively within a team environment.

•             Good listening skills