Portfolio Finance Manager

**Portfolio Finance Manager
**About the Private Infrastructure Development Group**

At the Private Infrastructure Development Group (PIDG), we get infrastructure finance moving and multiplying - accelerating climate action and sustainable development where most urgently needed. We work with public and private partners to bridge financing gaps, directing capital and expertise into projects that promote climate resilience and sustainable growth. Working throughout the project lifecycle, we reduce financial risk, transform markets, and build local capacity, creating a deep and lasting impact.

We are a group of companies that work together to improve lives throughout south and south-east Asia and Africa. Active since 2002, more than 50% of our investments have been either in countries classified as Least Developed Countries or Fragile and Conflict Affected States. These are the countries where infrastructure gaps are the largest and most urgent and where the population is youngest and growing fastest. These are also the countries that contributed the least to climate change and yet are suffering the worse impacts, in some of the regions with the richest biodiversity left on the planet, which is quickly being depleted.

Building on a pioneering track record of integrating climate and inclusion considerations in infrastructure investment, we launched our 2030 strategy in 2023, which makes action on climate and nature, together with sustainable development through new and improved infrastructure, the central purpose of all we do.

**About the Role**

The role will contribute to the smooth and efficient running of the business.

This position will require a person of integrity and commitment, as well as the maturity in exercising ownership and judgement over matters.

**Main Responsibilities**

Accounting & Tax:

- **Subsidiaries’ Financial Review **- Ensure timely and accurate preparation of subsidiaries’ audited financial statements, management accounts and financial reports, and review accounting procedures as necessary.
- **Monthly and Quarterly Closing **- Review and assist in monthly and quarterly closing of PIDG and InfraCo Asia subsidiaries’ accounts, working closely with outsourced accounting service provider and local project accountants.
- **Tax Planning & Compliance **- Ensure that PIDG and InfraCo Asia and all related entities are tax compliant. Provide oversight on tax planning, filing and review of assigned entities, and work with external advisors as required.
- **Project Structure & Incorporation **- Help to review projects’ investment structure and manage incorporation of PIDG and InfraCo Asia entities for new project investments. Work with internal teams and professional firms on structuring and incorporation of PIDG and InfraCo Asia’s entities for new project investments as and when required. Assist with the review of various agreements to be entered into by the company (e.g. joint development agreement, loan agreement, shareholders’ agreement etc.) from a finance and commercial perspective, and ensure investment/divestment transactions are properly recorded in accounts.
- **Company, Project Accounting & Audit **- Liaise with internal team, outsourced and project companies’ accountants, tax service providers and auditors for finance related matters for PIDG and InfraCo Asia group entities incorporated in various mandated countries in Asia.
- **Group Consolidation, Audit and Statutory Filing **- Assist Finance Manager in charge of group accounts on preparation of group consolidation, financial statements and annual filings for the PIDG and InfraCo Asia group. Assist with the completion of the year-end audit process within PIDG and statutory deadlines with auditors.
- **Due Diligence **- To 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.
- **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 bus