Business View Oceania | September 2022

41 42 BUSINESS VIEW OCEANIA VOLUME 4, ISSUE 9 BUSINESS VIEW OCEANIA VOLUME 4, ISSUE 9 RODGERS & CO syndicates alike. We operate on a national level from our headquarters in Christchurch- our team consists of 21 experienced accountants with a wide range of practical and technical skills, seven of which are specialists in the retirement village sector. Every situation is different and has its own challenges and opportunities, so it’s important for us to deeply understand our clients’ position in their unique business environment. This way, we can provide simple and practical solutions that are tailored to their needs.” Staff operate on the belief that health and wealth are intertwined, in more than a financial sense. Mr. Pryce shares, “We aim to be recognised as a progressive, forward-thinking accounting firm that creates an environment where staff and clients feel supported to develop and grow their skills. Our priorities are communication, collaboration, integrity, flexibility, respect, and problem-solving. We Rodgers & Co states, “Our involvement spans from business advisors to acquisitions, strategic direction, due diligence, and forecasting. We project manage the relationships and communication with statutory supervisors, auditors, valuers, and other associated professionals. We also understand the unique legislation and related requirements around GST rates, cashflow impacts and trends, and the growth management cycle. Beyond purely financial involvement, Rodgers & Co act in different support and governance roles, including strategic direction to ensure a wider view of business success is maintained.” Director Andrew Pryce has been part of the Rodgers & Co team since 2016. He begins, “We have been involved in the retirement village sector since the pioneering days of the industry 25 years ago, and have been involved with over 100 facilities. Our clients over the years have included independent retirement villages and work closely with village owners, managers, and administration staff to tackle challenges and set up best practices to strengthen their financial and operative position.” Rodgers & Co specialise in the preparation of auditing and complex IFRS requirements, Mr Pryce explains. “We liaise with our established clients and wider network of professional service providers, including auditors, valuers, statutory supervisors, and lawyers, to prepare financial statements for AGMs. We also specialise in periodic reporting- six monthly reports, quarterly reports for syndicate accounts etc, as well as Retirement Village Act disclosures. For new and emerging villages, we are always happy to assist with financial strategy, budgets and forecasts, capital raising requirements… we can effectively build a greenfield site from the ground up.” Supporting clients in such a capital-intensive sector certainly has its challenges, but Rodgers & Co has a foundation of experience, skill, and collaborative partners to help them successfully tackle issues on clients’ behalf. “Having been connected to this industry for so long, we have a wealth of knowledge we can draw on.” Mr. Pryce says. “Our grasp of the industry allows us to advise for small, independent, and single villages right up to larger corporates and syndicates. Rodgers & Co have worked with all kinds of capital structures, and we definitely keep ourselves abreast of market and legislative changes as they arise so we can pass that knowledge on to our clients. Raising capital is always a tricky business, but at the moment we are seeing some really significant challenges tied to construction and supply costs. New, emerging, and established businesses alike are finding it very difficult to secure the funds they need to progress Andrew Pryce, Director, Jean-Marie Galbreath, Client Manager and Suzy Cadigan, The Sterling Village Manager