Financial Leadership Position
3 days ago
About the Role:
We are seeking a highly skilled Financial Manager to join our team at UNIVERZ HR CONSULTING PTE. LTD. The ideal candidate will have a strong background in financial management, with experience in property management accounting or real estate accounting.
Key Responsibilities:
- Review and analyze financial statements to ensure accuracy and compliance with relevant laws and regulations.
- Conduct financial analysis and performance evaluations of properties, including profitability, occupancy rates, lease renewals, and return on investment.
- Strengthen internal controls, compliance, and process improvements to optimize financial performance.
- Coordinate with auditors on statutory audits and monitor bank loan covenants compliance.
- Oversee accounts payable and receivable functions for properties, ensuring timely and accurate processing of invoices, rent receipts, and vendor payments.
- Conduct periodic reconciliations and resolve any discrepancies in conjunction with third-party property managers.
- Collaborate with property managers and stakeholders to develop annual operating budgets and cash flow forecasts.
- Monitor budget performance and provide insightful analysis on quarterly and annual variances to relevant stakeholders.
- Prepare quarterly fund requests based on cash flow forecasts.
- Work closely with tax agents to ensure compliance with tax laws and regulations, including filing and payments for GST, Property Tax, Corporate Income Tax, etc.
- Review lease agreements, ensure proper recording of lease transactions, and calculate rent escalations and common area maintenance charges.
Requirements:
- Bachelor's degree in accounting, Finance, or a related field. CPA designation is preferred.
- Minimum of 5 years of experience in property management accounting or real estate accounting, preferably in real estate private equity, REIT, or other real estate investment companies, with auditing and commercial experience.
- Strong knowledge of IFRS.
- Knowledge of Singapore tax law and regulations, GST, and property tax assessments is an asset.
- Excellent communication skills.
Estimated Salary: SGD 80,000 - SGD 120,000 per annum, depending on experience.
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