About the job
The Role
This position will be responsible for the review of accounts and management reporting for the portfolio of assets and the management company.
Job Responsibilities
- Review of financial statement prepared by outsourced service providers (GAAP) and supporting schedules for accuracy and completeness.
- Prepare monthly IFRS financial statement for group consolidation (prior IFRS preferred but not required; on-job training/mentoring will be provided).
- Prepare intercompany reconciliation, ensure all inter-company transactions are properly recorded.
- Review of yearly budget submitted by asset management team, bi-annual forecast.
- Review monthly actual vs budget variance analysis prepared by asset management team.
- Prepare monthly flux analysis (MTM income statement analysis).
- Calculate and review recovery ratio (OPEX recovery ratio) for assigned portfolio and communicate with respective asset manager if ratio is not in line with lease agreement.
- Prepare cash flow forecast for assigned portfolio and propose need for additional funding needed to cover operating expense.
- Quarterly lender, investor and REIT compliance reporting.
- Ensure all payment requests comply to the Delegation of Authority and Policies and process payments timely and accurately.
- Act as a liaison between US and headquarters’ counterparts in Singapore as well as to communicate with many levels of Senior Management.
Job Requirements
- Degree in Accountancy and/or an Advanced Degree in Accounting or Finance required.
- 3-5 years of property accounting experience required.
- Well versed in US GAAP, IFRS knowledge is preferred.
- Experience in MRI/SAP required.
- Hands-on with good eyes for details, able to communicate effectively to various parties and work independently in a fast-paced environment.
- Self-motivated and detail-oriented individual with high level of initiative.
- Candidates with Certified Public Accountant (CPA) qualifications will have an added advantage.
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