May 22, 2023

Senior Group Financial Reporting Accountant

  • REA Group
  • Richmond VIC 3121, Australia
Full time Accounting Finance

Job Description

We're REA

REA Group  is not your average digital business. From humble beginnings in a garage in Melbourne’s east in 1995, we have grown into a leading global digital business, specialising in property.
With bold and ambitious goals, we are changing the way the world experiences property. No matter where you're at on your property journey, we're here to help with every step - whether that's finding or financing your next home.

Our people are the key to our success. At the heart of everything we do, is a thriving culture centred around high performance and care. We are purpose driven and collaborative, which drives innovation and our ability to make a real impact. As such, we’re proud to be named in Australia’s “Top 5” Best Workplaces two  years in a row, as well as being recognised as a Best Workplace for Women.

Where the team fits in

The Senior Group Financial Reporting Accountant sits within the Finance & Business Services Group, headed up by the CFO. The Finance and Business Services team, or FaBS as we like to call them, is the engine room of the REA Group. The team is comprised of Finance, Risk, Procurement, Pricing, Corporate Developer, Corporate Affairs, Contracts, Customer Collections, Payments and Facilities Management.

The financial reporting team is responsible for the accurate and timely reporting of the financials for each of the businesses within the REA Group. The team’s purpose is to provide reliable, relevant and efficient reporting in accordance with IFRS standards as well as consideration of US GAAP implications. The teams are accountable for, and assist in, the management of financial, tax and compliance reporting obligations as well as supporting the growth of the business by advising on strategic initiatives.

The Senior Group Financial Reporting Accountant is responsible for ensuring the integrity and accuracy of REA Group’s consolidated accounts and the financial reporting requirements for News Ltd and management reporting where required. The Senior Financial Reporting Accountant also provides support and guidance to the finance teams across the Group focusing on group reporting, assisting with technical accounting matters, process improvement and efficiencies.

The Financial Reporting team advises and supports the wider business and subsidiaries on implementation of new accounting standards, significant business transactions, due diligence projects and M&A transactions.

This Senior Accountant will be a key resource responsibile for the scope and delivery of an in-house review of our current financial general ledger system. This will require collaboration and consultation with various stakeholders, including team members outside of Group Reporting Team, external auditors, internal audit & risk and senior management.

The Values we live by

Our Values are at the core of how we operate, treat each other and the choices we make, because how we do our work is equally important as what we do.

You'll feel it as soon as you join the REA family; our Values are role modelled by our leaders, lived by our people and felt by our customers, consumers and communities. 

We are looking for someone who can:

  • Re-imagine it

  • Own it

  • Do it with heart

  • Inspire it

  • Do it as a team

  • Keep it real

What the role is about:

In addition, this senior accountant will be a SME technical accountant for our Financial Services business, supporting the Finance Services team to ensure compliance with IFRS, US GAAP and SOX reporting.

Some of the activities under the Senior Financial Reporting Accountant’s remit includes:

  • Analysis and review of Financial Services monthly reporting

  • Ensuring compliance in accordance with IFRS and accounting standards, ASX listing rules and Corporations Law.

  • Review Financial Services related balance sheet reconciliations on a regular basis for any issues and compliance with Group policies

  • Review of existing reporting processes and controls to streamline reporting and realise efficiencies.

  • Identify process improvements/efficiencies for finance teams reporting to the Group

  • Assist with external and internal audit requirements

  • Prepare and analyse monthly and quarterly reporting to major shareholder, News Limited.

  • Ensuring accounting policies are in accordance with IFRS and US GAAP

  • Ensuring Sarbanes Oxley controls for US reporting regulations are operating effectively and always met without exception

  • Strong project management skills to efficiently ensure monthly reporting requirements (both internal and external) are well planned and executed

  • Advise on corporate entity structure rationalisation

  • Adopt a whole business perspective when solving issues

  • Promote REA values and encourage teamwork through stakeholder collaboration

  • Work collaboratively within the team to share and obtain knowledge

  • Ensure team members are compliant with company policies/procedures and adhere to the REA values

Who We’re Looking For

  • Tertiary qualifications or equivalent

  • CA or CPA qualified

  • Experience in the production of financial statements for ASX listed companies either via big 4 accounting firm or industry

  • AIFRS technical accounting knowledge – financial services experience necessary

  • Knowledge of US GAAP and AIFRS accounting and disclosure differences

  • Experience with complex entity structures, foreign currency and consolidations

  • Experience in assessment and testing of Sarbanes Oxley attestation requirements

  • Experience with NetSuite, Adaptive and Blackline. At least intermediate Excel experience.

The REA experience

The physical, mental, emotional and financial health of our people is something we’ll never stop caring about. This is a place to learn and grow. We’re committed to your development – both professionally and personally. Your experience with us is something we take seriously.

We offer: 

  • A hybrid and flexible approach to working -  

  • Flexible parental leave offering for primary and secondary carers 

  • Programs to support mental, emotional, financial and physical health & wellbeing

  • Our Because We Care program offers employees volunteering leave, community grants, matched payroll giving and our Community Café donates 100% of revenue to charity.

  • Hack Days so you can bring your big ideas to life  

  • Performance recognition programs because hard work should never go unnoticed

Our commitment to Diversity, Equity, and Inclusion  

We are committed to providing a working environment that embraces and values diversity, equity and inclusion. We believe teams with diverse ideas and experiences are more creative, more effective and fuel disruptive thinking - be it cultural and ethnic backgrounds, gender identity, disability, age, sexual orientation, or any other identity or lived experience. We know diverse teams are critical to maintaining our success and driving new business opportunities. If you've got the skills, dedication and enthusiasm to learn but don't necessarily meet every single point on the job description, please still get in touch.