Vita Partners is Asia-Pacific's largest pan-regional pure-play life science, innovation and R&D real estate platform, backed Australian headquartered multinational real estate company Lendlease and leading US private equity growth investor Warburg Pincus. The platform focuses on investing, acquiring, developing, constructing, managing, and operating real estate projects in fast-growing life sciences, innovation and R&D real estate markets in Asia-Pacific. The company operates within two main segments a high-barrier-to-entry life sciences project construction management business and a specialized investment management business. Since the 2000s, the project construction management business has worked on over 200 projects in Asia-Pacific for more than 100 blue-chip life sciences and pharmaceutical companies, with many repeat clients. The investment management business currently manages SGD 2 billion of AUM on behalf of institutional investors, with strong aspirations for growth within the region.
Job Role
Role Purpose
The Senior Accountant reports to Head, 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.
