Finance Manager Real Estate

Singapore, Singapore

Job Description



Manager, Finance

Our client develops and invests in real estate properties, projects and companies around the world. They invest internationally alongside strategic partners and major real estate funds and they are a leading Global Real Estate Investor.

Specific accountabilities

Based out of the Singapore office, you will be part of a dynamic, fast-growing, and high-performance team. You will work closely with the Director, Finance and the rest of the team to implement and execute the company\xe2\x80\x99s financial strategies in the region, both within existing partnerships and through the creation of new ones. In this role, you will be responsible for the quarterly and annual financial information of existing investments, the activities associated with capital transactions as well as overseeing the calculation of total real estate returns for the business unit. You will be expected to liaise with external partners, managers and other stakeholders on a regular basis. Main responsibilities will include:

  • Review monthly, quarterly and annually financial statement package provided by the Managers and ensure timely submission to Group Corporate Accounting, respond within a reasonable timeframe to ad-hoc queries.
  • Perform quarterly actual versus budget variance analysis on NOI and Capex for existing investments and review the quarterly reforecast.
  • Work with partners and Asset Managers to analyze the financial performance in the annual budget and business plan for the existing investments.
  • Contribute to reviewing financial information and resolutions generated for acquisition transactions, financing, solvency and other calculation, assist in accounting treatment of the relevant transactions.
  • Review the financial information for disposition transactions, evaluate gain and loss on disposition and work with Group Transaction Accounting on accounting treatment of the relevant dispositions.
  • Work with partners on Group\xe2\x80\x99s reporting requirement and co-ordinate initial accounting for new investments.
  • Review funding requirement for new investment and subsisting investment, create cash call transaction in OLAF and co-ordinate Group\xe2\x80\x99s internal funding process.
  • Review cash flow forecast of the existing investments and ensure timely submission to Group Treasury, respond within a reasonable timeframe to ad-hoc queries.
  • Work with partners and Asset Managers to review external debt financing proposal, draft debt approval memo for the review of Corporate Financing and co-ordinate internal debt approval process.
  • Update financing dashboard and review compliance with LTV, Debt service coverage ratio and other covenants included in borrowing covenants, ensure timely submission to Group Financing Team, respond within a reasonable timeframe to ad-hoc queries.
  • Other duties as assigned.
Key requirements
  • Eight to Ten years of relevant accounting experience in positions of increasing responsibility;
  • Bachelor\xe2\x80\x99s degree in accounting, with CPA designation;
  • In-depth knowledge of international accounting standards;
  • Excellent knowledge of the accounting aspects related to transactional accounting and consolidation;
  • Big-four accounting firm or real estate investment experience would be a plus;
  • Strong communication, teamwork and collaboration skills. Ability to establish productive working relationships with people at all levels of the organization as well as with external partners;
  • Strong leadership skills; ability to influence others;
  • Ability to work flexible hours, and able to work under pressure and meet deadlines;
  • Confidently innovative; creative and comfortable in challenging the status quo;
  • Proficiency in Microsoft Office, including advanced knowledge of Word,Excel and PowerPoint;
  • Knowledge of accounting ERP and consolidation system, an asset;
  • Fluency in written and spoken English.

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Job Detail

  • Job Id
    JD1277086
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned