Consultant, Portfolio Accounting & Financial Reporting (9-mth contract)

REVANTAGE GLOBAL SERVICES ASIA PTE. LTD.; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A corporate services firm in Singapore seeks a Financial Analyst with over 5 years of experience. This role involves delivering high-quality financial reporting and managing special purpose vehicles. Candidates should have a background in finance and strong analytical skills, with chartered accountant certification preferred. The firm values detail and results orientation and offers a dynamic work environment.

Qualifications

• 5 years+ experience in a relevant industry.
• Fluent in English with strong relationship management skills.
• Experience in Private Equity/Real Estate and Fund Administration preferred.

Responsibilities

• Deliver high quality financial information for SPVs.
• Collaborate with team leads on acquisition support.
• Manage portfolio deals in accounting & reporting functions.
• Ensure timely approval of invoices.

Skills

Financial Analysis

Relationship Management

Analytical Skills

Microsoft Excel

Education

Bachelor’s degree in Finance/Accounting/Economics

Chartered Accountant

Job description

Overview

Who We Are

Revantage is a Corporate Services affiliate of The Blackstone Group, the world’s largest alternative investment firm. In Pursuit of Better, we deliver exceptional customer experiences to Blackstone and its portfolio companies that enable them to thrive. Revantage provides a highly skilled employee base and state-of-the-art technology to further our key focus on providing best in class Corporate Services to multiple Blackstone real estate portfolio companies. Sectors include Hospitality, Industrial, Multi-Family, Office, Retail, Senior Housing, and Manufactured Homes.

Revantage APAC, headquartered in Singapore, is one of three global offices that includes Revantage Europe and Revantage Americas.

What We Value: Our Culture

Creating a culture that inspires change and momentum requires the right team. We know what it takes to lead an industry, and are looking for leaders who seek constant growth, want to excel, and continuously improve upon themselves and the industry. The culture at Revantage is built on our shared core values and commitment to be:

• Achievers – We expect high standards for ourselves and enable the success of our teams.
• Enthusiasts - We face challenges with optimism and believe anything is possible.
• Leaders - We commit to continuously improve our performance.
• Learners – We learn from our challenges, successes and the diversity of our people.
• Partners - We deliver value and positive impact to our partners.

Why This Role Is Valuable

Ensuring the delivery of high quality financial information and monitoring of day-to-day matters of the Special Purpose Vehicles (SPV) owned by the Blackstone Real Estate Funds investing across Asia.

Reports to

AVP, Finance

How You Add Value

(including but are not limited to)

Deal Onboarding:

• Collaborate with the team lead to track deliverables for acquisition support, coordinating with legal advisors, lenders, and sellers
• Prepare acquisition funds flow through the deal structure
• Summarize key activities from acquisition documents
• Prepare closing costs & working capital schedule as part of deal acquisition

Deal Management:

• Support team lead in managing portfolio deals in accounting & reporting functions;
• Prepare/ Review funds capitalization file as per deal structure & tax requirements;
• Ensure timely approval of invoices on accounting system;
• Review monthly management accounts and financial reports for assigned portfolio deals;
• Review quarterly valuation deliverables to Blackstone i.e. NAV analysis, Debt valuation, and Cash analysis;
• Monitor liquidity and cash management on an ongoing basis;
• Manage working capital and closing costs as part of quarterly reporting;
• Liaison with corporate secretary and legal advisors in finalizing corporate secretarial documents and legal documentation for capital transactions;
• Review funds transfer documents and ensuring all considerations are met (e.g., bank details, bank balances, negative interests, bank charges, cut-off timings);
• Coordination of funds transfer with Treasury team for smooth execution, including FX trade settlements;
• Analyze cash flow requirement for each portfolio deals and finalize quarterly distribution amounts;
• Conduct solvency test to ensure compliance with legal requirements during distribution;
• Review and monitor ad-hoc capital movement through the deal structure;
• Analyze quarterly NAV fluctuation for stakeholders;
• Review / perform intercompany reconciliation with JV Partners/Platforms/ Service providers;
• Manage external debt financing linked to the project, including loan drawdown, interest servicing, loan repayment, and loan covenant compliance;
• Review financial statements for assigned deals;
• Review allocation of fair market valuation for each entity/deal on a quarterly basis.

Deal Disposition & Liquidation:

• Support team lead in asset disposition activities such as preparation of funds flow and tax review coordination
• Prepare working capital schedule for entities under liquidation

Tax Compliance

• Provide support to Tax team in ensuring all tax reporting requirement deliverables and supports are provided on time;
• Assist Tax team in responding to queries from tax agents on financial-related matters

Fund reporting

• Conduct detailed reviews of property-level and portfolio-level Net Operating Income and Adjusted Net Income;
• Review and analyze fund-level roll-up adjusted net income (property level and non-property level entities) across multiple portfolio deals;
• Review capex data for portfolio deals to ensure accurate categorization and perform quarterly movement analysis;
• Review and analyse Expense Ratio (covering non-property vehicle costs), including identifying key cost drivers and anomalies;
• Collaborate with asset managers, business finance, and property management teams to reconcile variances and ensure data integrity.

Other Responsibilities

• Support new reporting initiatives and continuous improvement initiatives for financial reporting processes;
• Manage back-end (COE) teams, including coaching and training to the COE teams;
• Liaison and co-ordinate with 3rd party onshore service providers / JV partners for onshore reporting;
• Undertake ad hoc project work as required.

What You Bring To The Role

• 5 years’ + experience in a relevant industry
• Chartered Accountant
• Bachelor’s degree (or equivalent) in Finance/ Accounting/ Economics
• Working knowledge of Private Equity/Real Estate and Fund Administration experience is desirable
• Fluent in English, with strong relationship management skills to influence diverse stakeholders.
• Strong analytical skill, with ability to work with large data sets, synthesizing information from diverse data to draw logical conclusions and communicate insightful analysis;
• Results orientated with a strong attention to detail;
• Proven coordination experience, highly organized with ability to hold stakeholders accountable;
• Strong interpersonal and relationship-building skills, capable of working across functional teams.
• Advanced proficiency in Microsoft Excel
• Comfortable working in a fast-paced and dynamic environment.