Senior Accountant

3 days ago


Singapore Lestari Capital Pte Ltd Full time

Duty Station: Singapore

Contract period: Fulltime, Permanent

**OUR COMPANY**
Established in 2017, Lestari Capital is a start-up environmental enterprise, built to protect the world’s
natural assets through a commercially viable business model. We accomplish this by mobilizing new finance
for initiatives that protect and rehabilitate important natural landscapes around the world. The Indonesian
word "Lestari" means sustainable, or everlasting, signifying our commitment to developing long-term
sources of finance for high quality conservation and restoration initiatives.

As the global commodity, transportation and energy sectors begin to respond to evolving market
requirements, Lestari Capital works in parallel with the same forces driving supply-chain transformation to
generate financing for conservation. Lestari Capital supports multi-stakeholder sustainability standards by
providing credible, transparent and efficient ways for the private sector to meet and surpass sustainability
commitments, certifications and import requirements. We are using this approach in Southeast Asia,
demonstrating how the cost of environmental impact can be built into the cost of commodity production.

Lestari Capital’s impact model addresses a critical need for long-term operating capital for Projects run by
local communities, conservation non-profits and environmental services companies. Lestari Capital aims
to strengthen Southeast Asia’s emerging ecosystem services marketplace, by connecting demand for on
- the-ground conservation efforts among commodity producers/buyers with Projects that are protecting or
restoring forests where these companies operate, to protect at-risk areas.

At the center of Lestari’s approach is the Sustainable Commodities Conservation Mechanism (SCCM), which
finances Projects for a minimum of 25 years. The SCCM provides independent fiduciary oversight that ties
payments to results on the ground, ensuring benefits to local communities, global climate and biodiversity.
Funds are managed through a financial vehicle domiciled in Singapore that delivers payments through a
custodian bank.

Lestari Capital’s diverse Project portfolio includes internationally certified initiatives on the forefront of
tropical conservation, ecosystem restoration and community forestry. Our company specializes in
selecting, vetting and financing certified conservation, restoration and community-forest Projects that

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protect forests, peatlands and biodiversity. This includes working with members of the Roundtable on
Sustainable Palm Oil (RSPO) and those with “Zero Deforestation” pledges. Efforts are also underway to
expand to additional commodity sectors, as our company supports emerging sustainability trends through
a credible and transparent conservation finance platform.

Lestari Capital is supported by a diverse group of public-private partnerships and brings actors from the
commodities and finance sectors together with conservation initiatives and funders. Our portfolio
prioritizes support for Project models that can eventually support jurisdictional and national climate
targets.

**POSITION OVERVIEW**
Be a part of a vibrant and fast-growing company in an exciting and very topical space. The
Accountant/Senior Accountant will be assisting the Financial Controller in managing the day to day and
monthly financial, cost controlling and reporting activities for Lestari Capital group of companies.

**POSITION RESPONSIBILITIES**
- Reporting and Accounting
- Responsible for accounting processes and tasks such as AR, AP, GL, account reconciliations
- for all group and subsidiary company accounts- Responsible for monthly closing activities to ensure all period end activities are completed
- on a timely basis, including preparation of group consolidated accounts- Budgeting, Cash Management and Cost Control
- Assists business partners in managing cost and expense performance, including support

expense accrual and cost center expense analysis
- Assist in the preparation of short-term forecasts to manage Working Capital
- Assist the FC in managing the budget process
- Internal controls and Risk Management
- Maintain financial compliance by adhering to internal controls, accounting standards, and
- tax requirements- Support the development and roll-out of financial internal controls, policies, processes &

procedures, and ensure compliance for subsidiaries including Special Purpose Vehicle
holding Client Monies, and Indonesian subsidiary
- Compliance Tax and Audit
- Prepare statutory financial statements in line with accounting standards
- Manage the compliance and reporting requirement of the Special Purpose Vehicles
- Prepare Singapore and Indonesia company tax statements

***
- Prepare & support all finance filing requirements, tax filing (GST) according to government

reporting requirements
- Prepare audit schedules to support the annual audit process
- Payments and Payroll
- Payroll processing
- Administer payme



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