Role Purpose
The Senior Accountant/Assistant Finance Manager reports to Head of Fund Finance & Operations and is responsible for overseeing the financial management and reporting of assigned property portfolios. This role ensures accurate and timely preparation of month-end closing, financial statements, budgets, forecasts, and compliance with regulatory standards, while supporting stakeholders and leading a small team to deliver efficient finance operations.
Key Responsibilities
Financial Operations & Reporting
- Oversees the Accounts payable /receivable functions as well as day-to-day finance operations for assigned property portfolios.
- Responsible for the accounting and financial functions, including month/quarter/year-end close, variance analysis, management / investor reports, bank accounts reconciliations, cash flow management, operational accounting, planning and budgetary control and tax related issues (income tax, property tax and GST) for a portfolio of entities/asset
- Prepare monthly current and deferred tax computations
- Work with tax consultants to prepare and file the annual tax returns
- Prepare financial statements and XBRL filings
- Work closely with asset management and property management teams, and handle day-to-day operations to ensure accurate and timely management reporting
- Manage a robust planning cycle, including annual budget and forecasts. Monitor revenue and expenses and enforce budget accountability when necessary
- Ensure effective ongoing liaison with IM (Investment Management) team/ REIT/ Trustee and manage relations with treasury, corporate departments, and other service providers such as tax agents, corporate secretaries etc
- Ensure that all internal controls are adhered to in accordance with Group and local policies. Review internal controls, policies and systems on an ongoing basis and recommend improvements as necessary
- Responsible for liaising with internal and external auditors, ensuring timely completion of audits and closing out of financial actions
- Prepare financial statements (FS), consolidated FS, and XBRL filings.
- Manage tax filings, liaise with tax agents, and review tax packages.
Stakeholder Management
- Establish and maintain effective working relationships with internal and external stakeholders.
- Coordinate with various departments to manage info requests / provide financial data to shareholders and management as required.
Systems & Process Improvement
- Leverage the Yardi accounting system for reporting, consolidation, and compliance.
- Drive finance initiatives to improve efficiency and streamline accounting processes.
- Develop and maintain templates for analysis reports, management reports, and budgets.
Compliance & Audit
- Ensure compliance with approved accounting standards and regulatory requirements (GST, WHT, IRAS submissions).
- Manage queries from external auditors, internal auditors, and tax agents.
- Prepare loan compliance reports, loan covenant calculations and monthly cash projections.
Qualifications & Attributes
- Relevant tertiary qualifications in Business or Commerce with a major/sub-major in Accounting or Finance (or equivalent skills and knowledge).
- Demonstrable experience in accounting, with sound commercial acumen and understanding of transactional accounting, cost accounting, and reporting.
- Property and infrastructure or investment management industry experience preferred.
- Experience with Yardi or similar financial accounting systems.
- Proficiency with Microsoft Office applications.
- Problem-solving and analytical skills with ability to resolve moderately complex issues and guide others.
- Team-player, independent, excellent communication and interpersonal skills, with proven ability to engage across all organizational levels.
