SabNewCo Pte. Ltd. is a wholly owned entity of SGX-listed Sabana Industrial REIT. SabNewCo will soon assume the role of the new internalised manager of Sabana Industrial REIT.
We are seeking a Finance Executive (Real Estate / Property Management) for the finance team.
Key Responsibilities
Billings
- Prepare and issue rental invoices, service charges, utilities, and other recoverable costs to tenants in accordance with lease agreements
- Ensure billing accuracy and timeliness across all properties under management
- Coordinate with Leasing and Property Management teams to verify lease terms, rental adjustments, and billing exceptions
- Maintain complete and accurate billing records for audit and compliance purposes
Collections
- Monitor accounts receivable and follow up on outstanding tenant payments
- Communicate with tenants to resolve payment issues and disputes professionally
- Generate and send reminders, statements of accounts, and collection notices
- Escalate overdue accounts to management and assist in enforcement or legal recovery actions
- Maintain and update AR aging reports, highlighting risk accounts and collection status
Payments
- Process vendor invoices and staff claims, ensuring accuracy and compliance with internal policies and contractual terms
- Prepare payment vouchers and execute payments via cheque, GIRO, or online banking platforms
- Reconcile vendor statements and resolve discrepancies with suppliers or service providers
- Maintain proper documentation and filing of payment records for audit and internal control
Bank Reconciliation
- Perform monthly bank reconciliations for all property bank accounts to ensure cash balances are accurately reflected
- Investigate and resolve discrepancies between bank statements and accounting records
- Ensure timely posting of bank transactions including receipts, payments, and bank charges
Reporting & Compliance
- Support month-end closing activities including preparation of AR/AP schedules, reconciliations, and financial reports
- Assist in internal and external audits by providing relevant documentation and explanations
- Ensure compliance with internal controls, company policies, and regulatory requirements (e.g., GST, property tax)
Other Duties
- Participate in system enhancements and process improvement initiatives
- Support ad-hoc finance projects and assignments as required by management
Key Requirements
- Diploma or Degree in Accountancy, Finance, or related field
- 1-2 years of relevant experience in real estate finance or property management
- Familiarity with property management systems (e.g., Yardi) and MS Excel
- Strong attention to detail, good communication skills, and ability to work independently and collaboratively