Head of Financial Operations Apac - Singapore - CBRE

CBRE

Verified Company

Singapore

3 weeks ago

Posted by:

Wei Jie

beBee Recruiter

Description

Posted- 09-Jun-2023- Service line- REI Segment- Role type- Full-time- Areas of Interest- Accounting/Finance, Investment Management- Location(s)- Singapore - Singapore- Across the APAC region, CBRE Investment Management manage $11.0bn of direct real estate assets.

Working as a Head of Financial Operations you will lead the Fund Accounting team (3 direct reports, 5 people in total - based in Singapore), and the regional Asset Finance teams (3 direct reports, 8 people in total - Japan, Korea, China), with responsibility for reporting, structuring, financing and financial and regulatory management

Key Responsibilities:

Overall responsibility for the delivery of all required reporting for the Funds/Mandates, both in terms of quality and adherence to deadlines.
Ensuring consistent best practice financial management, tax planning, legal and regulatory compliance for products, ensuring segregation of duties and a suitable controls framework across the region
Play a strategic role in the selection of the accounting/reporting systems and development of technology solutions to improve efficiency and reduce risk.
Remain current with changing environment/regulations, responsible for impact on fund accounting practice.
Serve as a nonexecutive director for Fund entities and member of internal committees.
Treasury & Debt Financing
Responsible for establishing fund financing strategy and optimising the financing process, including sign off on financing terms (local and fund level).
Review of treasury/cash management functions and counterparties, including consideration of risk.
Maintain existing and cultivate new relationships with lenders.
Lead in the setup of new Fund/Mandate structures from a tax and operational perspective, including contributing and sign off to Fund/Mandate documentation language and terms.
Oversight on the investment deal structuring and financial/tax DD process for all transactions.
Play a role in capital raising, including review of RFP and participation in investor pitches and due diligence meetings.
Manage relationships with tax and legal advisors.
Leading and developing the fund finance team of 5 located in Singapore and the regional asset finance teams (3 direct reports, 8 employees in total).
Responsible for planning and monitoring of resourcing levels, recruitment of new staff, performance appraisals for team members and the longterm development of individuals.
Act as mentor and coach and lead by example with model behaviors consistent with the company's values.
Be the key finance partner to the CIO & Fund Managers.
Client facing with frequent interactions with investors during the lifetime of the Funds/Mandates.
Work with other internal teams in handling special requirements or projects.
Managing relationships and negotiation of fees with external service providers, including, tax and legal advisors, depositaries, fund custodians and auditors.

Qualifications & Experience:

Degree educated with an emphasis in accounting, finance or related field. A minimum of 10 years accounting experience or equivalent combination of education and experience required.
Chartered/Certified Accountant with minimum 7 years PQE.
Prior experience in real estate/private equity/investment management a prerequisite.
Experience in structuring and debt financing desirable.
Proven at managing and developing teams.
Excellent written and verbal communication skills, combined with a professional and engaging manner.
High level of selfmotivation and willingness to take responsibility and work independently.
Performanceoriented as well as handson mentality.
Fluent in English, additional languages beneficial.
Ability and willingness to travel.

- #CBREIM

Investment Management
CBRE Investment Management is a leading global real assets investment management firm operating in over 30 offices and 20 countries around the world. Through its investoroperator culture, the firm seeks to deliver sustainable investment solutions across real assets categories, geographies, risk profiles and execution formats so that its clients, users, people and communities thrive.