Strategic Financial Leader for Asia Infrastructure Projects

About INFRACO ASIA DEVELOPMENT PTE. LTD.

We are a leading infrastructure development company that accelerates climate action and sustainable growth in Asia. Our team of experts works closely with public and private partners to bridge financing gaps, direct capital and expertise into projects that promote climate resilience and sustainable growth.

With a pioneering track record of integrating climate and inclusion considerations in infrastructure investment, we launched our 2030 strategy, making action on climate and nature the central purpose of all we do.

Job Overview

The Portfolio Finance Manager will play a key role in finance related matters for INFRACO ASIA DEVELOPMENT PTE. LTD. and its subsidiaries in Asia. This includes ensuring the completion and accuracy of financial reporting related to day-to-day operations and investment projects, compliance with local tax/audit regulatory requirements, and contributing to the smooth and efficient running of the business.

Main Responsibilities:

• Accounting & Tax: Ensure timely and accurate preparation of subsidiaries' audited financial statements, management accounts, and financial reports. Review accounting procedures as necessary, and ensure that INFRACO ASIA DEVELOPMENT PTE. LTD. and its subsidiaries are tax compliant.
• Monthly and Quarterly Closing: Review and assist in monthly and quarterly closing of INFRACO ASIA DEVELOPMENT PTE. LTD. and its subsidiaries' accounts, working closely with outsourced accounting service providers and local project accountants.
• Tax Planning & Compliance: Provide oversight on tax planning, filing, and review of assigned entities, working with external advisors as required.
• Project Structure & Incorporation: Help review projects' investment structure and manage incorporation of INFRACO ASIA DEVELOPMENT PTE. LTD. entities for new project investments. Work with internal teams and professional firms on structuring and incorporation of INFRACO ASIA DEVELOPMENT PTE. LTD.'s entities for new project investments as and when required.
• Company, Project Accounting & Audit: Liaise with internal team, outsourced, and project companies' accountants, tax service providers, and auditors for finance-related matters for INFRACO ASIA DEVELOPMENT PTE. LTD. and its group entities incorporated in various mandated countries in Asia.
• Group Consolidation, Audit, and Statutory Filing: Assist the Finance Manager in charge of group accounts on preparation of group consolidation, financial statements, and annual filings for INFRACO ASIA DEVELOPMENT PTE. LTD. and its group. Assist with the completion of the year-end audit process within INFRACO ASIA DEVELOPMENT PTE. LTD. and statutory deadlines with auditors.
• Due Diligence: Lead, perform, and share best practices on internal financial due diligence for new investments as and when required. Work with external advisors on tax and commercial due diligence for project investments and divestments and provide support as and when required to the deal team.
• Valuation: Review business valuation models for new project investments and quarterly/annual fair valuation exercises for existing investments as prepared by business leads/project company teams; challenge business and valuation assumptions used in discounted cashflow models (e.g., Forecast, WACC, IRR etc.). To lead and manage auditors' review of fair valuation during year-end audit while working closely with business leads and other finance team members.
• Outsourced Provider Management: Manage outsourced accounting and tax service providers and auditors for Singapore-incorporated companies under INFRACO ASIA DEVELOPMENT PTE. LTD.
• Recharges and Cost Allocation: Support the calculation and basis of recharges and cost allocation to project companies as required.

Oversight of Project Companies - Management & Financial Reporting:

• Project Financial Review: Assist to review project financial reports prepared by the business team/project company teams and provide analysis of expenditure against approved budgets.
• Financial Information: Respond to ad hoc requests for financial information and analysis as required by senior management and shareholders/PIDG.
• Continuous Improvement: Suggest improvements and support the implementation of changes to the monitoring and reporting process. To work with business teams to set up financial and operational dashboards customized for projects/investments to better track investment returns against approved targets.
• Entity Setup/Closure: Work closely with internal/project company teams on the set up/closure of entities for new investments undertaken and projects divested respectively.

Business Plan, Budgeting & Forecast - Group & Project Companies:

• Business/Operating Planning: Support the preparation of Business Plan and Annual Operating Plan for the organization and assist Senior Management as required.
• Budgets & Reporting: Review investment proposals and project budgets. Liaise with investment management team/project company teams in relation to annual budgeting, year-to-date spending, and forecasts, quarterly reporting, and various finance-related matters.
• Forecast & Cash Flow Management: Regularly monitor and forecast company and project cash flow for monthly and quarterly reporting purposes and to highlight on cash flow risks. Review company payments and expense claims as needed in compliance with company policies and procedures. Manage payments in relation to capital calls for investments by INFRACO ASIA DEVELOPMENT PTE. LTD. in accordance with shareholder/investment agreements.

Audit and Internal Controls:

• Annual Audit Review: Manage annual audit process within INFRACO ASIA DEVELOPMENT PTE. LTD. and liaise with external auditors. Monitor financial compliance by projects and support local project finance team on the coordinating/performing of potential audits/internal reviews and other financial matters as required.
• Committee Support: Support the Head of Finance/Finance Manager in reporting to the Audit/Investment Committee and Risk Management Committee or Board, including organizing meetings, preparing papers, and minutes.
• Policy Development: Support the implementation and documentation of internal controls and procedures for INFRACO ASIA DEVELOPMENT PTE. LTD. as required.
• Internal Controls: Perform in-country on-site or off-site/desktop internal control reviews, including documentation of procedures, to make sure the control process is compliant with company and shareholders requirements, and work with business team/project company teams to ensure effective controls are implemented, including managing INFRACO ASIA DEVELOPMENT PTE. LTD.'s banking activities.

Payments:

• Payments: Prepare, review, and process company payments and expense claims in compliance with company policies and procedures. Manage payments to consultant/vendors in accordance with relevant consultancy services agreements.
• Banking: Support banking-related matters for INFRACO ASIA DEVELOPMENT PTE. LTD. e.g., opening of bank accounts, changes in bank signatories and approvers, or KYC documentation of INFRACO ASIA DEVELOPMENT PTE. LTD. entities when required.

Corporate Support:

• Corporate Information: Work closely with the corporate secretarial team to maintain and monitor corporate information including Group structure, directorships, shareholding, etc. Maintain data/information as required for disclosure/compliance purposes.
• Company Initiatives: Support assessment and implementation of new initiatives/changes undertaken by the team and the Company.
• PIDG and INFRACO ASIA DEVELOPMENT PTE. LTD. Ambassador: Act in all circumstances as an ambassador of PIDG and INFRACO ASIA DEVELOPMENT PTE. LTD., displaying and demonstrating the highest ethical and moral standards, while effectively managing and controlling budgets and expenditure in accordance with PIDG and INFRACO ASIA DEVELOPMENT PTE. LTD. policies and procedures.

Qualifications and Education Requirements:

• Certified Public Accountant (CPA), with a Bachelor's degree in Accounting, Finance, or other relevant field from a reputable university/credible organization.

Skills and Experience:

• At least 8 years of hands-on work experience in a relevant finance role (preferably with around 3-4 years in a Big Four accounting firm) in a dynamic and fast-paced multinational environment with exposure in the Asia region essential.
• Prior exposure in a finance business partner or advisory role for corporate-related investment projects either in a leading or review role e.g. financial and tax due diligence and financial modeling will be highly advantageous.
• Proficiency in IFRS with exposure to consolidation or investment accounting dealing with overseas entities.
• Experience in the infrastructure sector, working with international development institutions and investment funds and/or regional experience in Asia would be advantageous.
• Highly proficient in both oral and written English. Proficiency in one or more of the regional languages in one of the countries where INFRACO ASIA DEVELOPMENT PTE. LTD. is mandated to work is a plus.
• Strong appreciation and passion for PIDG and INFRACO ASIA DEVELOPMENT PTE. LTD.'s mandate with a strong work ethic and desire to work in a fast-paced and demanding environment essential.

Estimated Salary: The estimated salary for this position is $120,000 - $180,000 per annum, depending on experience.