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An established industry player is looking for a motivated Assistant Finance Manager to oversee accounting and reporting for their REIT Manager and subsidiaries. In this pivotal role, you will manage financial reporting, coordinate with finance teams, and ensure compliance with tax regulations. This position offers an exciting opportunity to contribute to financial strategies and gain exposure in the real estate sector. If you have a strong background in finance and are passionate about driving results, this could be the perfect career move for you.
We are seeking a motivated and result-oriented Assistant Finance Manager that will be overall responsible for the accounting and reporting of the REIT Manager and REIT & its subsidiaries.
Responsibilities:
Accounting & Financial Reporting
Review monthly accounting entries for REIT manager, REIT and SPV entities;
Coordinate with Property Manager's Finance team and review monthly accounting data for asset companies to ensure proper accounting treatment and readiness for consolidation;
Prepare monthly, quarterly, semi-annually and annual consolidated financial statements in accordance with the appropriate accounting/financial reporting basis;
Responsible for audit for REIT Manager, REIT and SPV entities as well as group audit at REIT level;
Prepare and or review individual and consolidated annual budget and forecast;
Prepare performance analysis and calculations of key performance return metrics
Prepare periodic and ad-hoc analytical reports, financial models as needed
Liaise with local accounting service providers, financiers etc. where need to assist in the transaction processes related to acquisition and/or disposal of real estate/investment holding companies Cash Management/Treasury
Manage processes for opening, operation and closure of bank accounts
Monitor cash balance regularly and manage cash needs of various entities structure
Manage AP process and effect payments/disbursements
Manage distribution process Company Secretarial • Liaise with company secretary/compliance officer/trustee/legal counsel on filing and financing matters e.g. announcement of results, distributions, refinancing, capital market transactions etc. Structuring and Tax Compliance • Assist with tax planning, structuring and compliance
Qualifications:
Bachelor’s Degree in Corporate Finance, Accounting, ACCA or CA is preferred
Preferably with at least 5 years of consolidation knowledge
Experience in real estate industry will be an added advantage
If you are interested for a career move please reach out to Danah Velasco. Email: dvelasco@srt.drakeintl.com or call us at +65 6645 4541.