When I first embarked on a major personal shift in career from my Senior Manager role at Ernst & Young to become part of Ray White Real Estate, the largest real estate franchise group in Australasia, what surprised me was how many Principals were spending time locked away in their office into the late hours pouring over the business finances, worrying over tax bills and struggling to understand where the cash was going.
Rather than flexing their leadership and real estate skills to rally team efforts and build market share and rent roll size, I experienced a growing number of Principals who had lost sight of the exciting entrepreneurial vision that had led them into agency ownership in the first place.
After years of specialist knowledge and valuable insights gained at Ray White Real Estate, Financial Controllers Real Estate was founded in 2009 with a vision to reach out to the wider real estate marketplace to offer a valuable service to Principals to assist them to develop more savvy entrepreneurship skills and reap the financial rewards more easily.
We have been asked to actively engage with over 98 agency Principals since we started and provide advice & direction on business set up, accounting, tax investigations, cash flow management, profitability, growth, rent roll acquisitions, finance restructuring, partnership matters, conflict management, remuneration, entity structuring & professional indemnity matters.
A large number of agency Principals have retained us to handle all their daily accounting needs. From the moment they list a property to when it’s time to lodge the end of year income tax returns, my team has taken the lead with every aspect of their accounting requirements, so that the Principal was able focus entirely on selling, recruitment & rent roll growth without any worry on how their finances or compliances were being managed.
As astute Financial Controllers, we make it our business to drive the valued adding areas such as maximising tax savings, managing cash flows, driving your daily commitment to achieving the targets we help you set.
More than where we emerged from, it’s the future that I am really excited about.
We stand poised as the most knowledgeable, enriched and personalised accounting business that is a true real estate specialist in the agency marketplace.
Unlike anyone you will have encountered, we’re not just a business with a specialist real estate department – our entire business is just one big real estate accounting department!
You will never be left what is happening to your business behind scenes as we pride ourselves on the personal time we devote to each business to actively share our experiences from working with some of the industry’s best.
Most of all, we’re with you from start to finish. Whether it’s a cash flow issue, stagnant growth, inability to recruit, uncollected marketing monies; we will work with you and see things through.