Development Analyst at Goodman:
The Development Analyst provides critical analytical, financial, and operational support to the Commercial Manager, ensuring accurate data management and comprehensive cost reporting across the Development Business Unit. This role fosters collaboration with Finance and Project Administration teams to maintain precise project allocations and actively engages stakeholders through key meetings.
Core responsibilities include delivering accurate and timely reporting, leading monthly cost reviews, supporting audits and compliance activities, and driving continuous improvements in financial systems and processes to enhance operational efficiency
Day to Day:
* Ensure all data is accurately presented for Commercial Manager reporting and functions
* Monthly review of YARDI data and information and update within as required
* Understand and implement Capital Cost Management Policy / Delegations of Authority
* Understand the feasibility model
* Conduct monthly review and management of cost reporting, identifying issues and ensuring rectification
* Manage non-cash items (e.g. Gross Void, Amortised, Rentalised, Incentives)
* Work with the Finance team to ensure the correct costs and allocations are made into projects for accurate month-end costs by managing the Project Accounting Register
* Monitor and manage (as necessary) book value and cost to complete, ensuring proper closure of jobs and transfer of balances
* Monitor and manage Cap Stats allocations and Cap Interest
* Assist with preparing Profit Reconciliations and Completion Reports
* Work with Finance and Project Admins to ensure correct costs and allocations in projects
* Assist Project Administrators in resolving financial issues in YARDI
* Set Up + Review Lease Approval Forms (LAF) in line with current approvals
* Ensure Job Set-Ups reflect approvals and verify correct implementation in YARDI
* Ensure units / vacancy (if applicable) has been set up and / or ensure rental charges are set-up in a timely manner.
* Prepare Contractor Due Diligence Forms to assess capability reviews for tender recommendations and sign-off
* Prepare Customer Due Diligence Forms to assess and recommend appointments
* Ongoing account management and liaison with Equifax
* Manage monthly registers including arrears, incoming & outgoing bank guarantees and bonds paid to authorities
* Track and manage Holding Deposits ensuring correct return or offset
* Track CM3 exception reports
* Process ad-hoc invoices as required
* Process returns or offsets of Holding Deposits
* Support audit programmes, including ASAE3407 (Internal Controls) and end of year financial statement audits
* Ensure the implementation of Stakeholder Commencement and Completion meetings for projects
* Monthly tracking / progress of DTP
* Manage DTP requirements between Stabilised, Finance and Development teams
* Update internal registers (such as National Development Allocation List) to ensure these are reflective of the latest data
* Prepare internal presentations for bi-monthly National business unit meetings
* Assist with management of the Standard Form Register, Developments Hub and WH&S Register
* Update pro-forma templates as required by the team
* Save documents to SaGe database
* Assist with document tracking (e.g. Development Management Deeds, D&C Contracts, Agreement for Lease and Lease, etc)
* Continual process improvement within Business Unit
Knowledge, Experience, and Skill Requirements:
* 1-2 years' experience in the property industry, property development and asset management processes in the industrial real estate sector
* Strong financial modelling and analytical skills
* Advanced proficiency in Microsoft Excel, Word, and Outlook
* Experience with YARDI or similar property management/accounting systems
* Understanding of capital cost management, feasibility modelling, and project accounting
* Advanced skills in Microsoft Office Suite, including Excel, PowerPoint, Word, and SharePoint.
* Familiarity with integrating finance and operational systems (e.g., Yardi, Procore, ) for improved reporting and process automation. Desirable
* Experience working within a global or multi-region environment, collaborating with distributed teams.
The Benefits
At Goodman we know that our people are integral to our company success. That's why we have implemented some fantastic benefits for all to experience, these include:
* Paid Parental Leave
* Study assistance for postgraduate and undergraduate courses
* Discretionary bonus scheme
* Eligibility to participate in Goodman's share scheme
* Wellness program that focuses on the health and wellbeing, including exercise classes, meditation, yoga, social events, exclusive discounts, cooking classes, financial wellbeing seminars and more.
About Goodman
Goodman is a provider of essential infrastructure. We own, develop and manage high quality, sustainable logistics properties and data centres in major global cities, that are critical to the digital economy.
We're a collaborative team with a shared vision to make the world a better place for our customers, our investors, our people, and the communities we operate in. We value innovation, integrity, determination, and sustainability, and our purpose is simple: to make space for greatness in everything we do.
Goodman encourages innovation at every level. We seek individuals who are eager to challenge conventional thinking, drive change, and develop new ideas that contribute to a sustainable and successful business. Your creativity and forward-thinking approach can make a tangible difference today and long into the future.