Finance Consolidation Manager - Singapore - Vita Partners Real Assets

Description

Vita Partners is Asia-Pacific's largest pan-regional pure-play life science, innovation and R&D real estate platform, backed Australian headquartered multinational real estate company Lendlease and leading US private equity growth investor Warburg Pincus. The platform focuses on investing, acquiring, developing, constructing, managing, and operating real estate projects in fast-growing life sciences, innovation and R&D real estate markets in Asia-Pacific. The company operates within two main segments – a high-barrier-to-entry life sciences project construction management business and a specialized investment management business. Since the 2000s, the project construction management business has worked on over 200 projects in Asia-Pacific for more than 100 blue-chip life sciences and pharmaceutical companies, with many repeat clients. The investment management business currently manages ~SGD 2 billion of AUM on behalf of institutional investors, with strong aspirations for growth within the region.

Job Role

Reporting to General Manager, Finance, this is a finance business partner role covering wide spectrum of financial & analytical reporting requirements for private equity funds in real estate industry. The scope encompasses financial & compliance responsibilities across multiple entities in different geographical jurisdictions. The role needs to be equipped with strong communication and collaborative skills to work with both external and internal stakeholders.

Key accountabilities include preparing and ensuring accuracy and integrity of the financials reporting to meet both investors/ shareholders and regulatory requirements, undertaking duties and accountabilities in areas of taxation, treasury, compliance and system/workflow enhancements.

Financial Reporting

• Perform financial consolidation for the group of companies, able to develop, maintain, and refine the consolidation process, ensuring accurate elimination of intercompany transactions.

• Oversee all accounting operations, including accounts payable, accounts receivable, general ledger, and inventory accounting, and ensure accurate and timely reconciliation of financial statements.

• Prepare, analyze, and present various reports, including monthly management reports, month-end, quarter-end and year-end reports, as well as consolidated financial statement (balance sheet, income statement, cash flow statement), according to local and corporate requirements, and in compliance with regulatory and accounting standards, for the Company and all entities to ensure comprehensive financial oversight.

Trust Expenses Budgeting and Forecasting

• Prepare budgeting, forecasting, financial analysis, revenue and cost projection.

• Conduct actual vs forecast, budget variance analysis, trending analysis, project margin analysis and simulation to provide insights on business performance and help strategic decision making.

• Monitor and manage cash flow projection for purposes of debt financing, dividend declaration and capital outlay expenditure.

Audit and Tax

• Ensure compliance with local tax regulations, including preparation and submission of GST and other statutory filings.

• Coordinate and manage internal and statutory audits, prepare detailed financial statements and audit-related documentations, working with external auditors to ensure a timely and efficient audit process.

• Liaise with company secretary for corporate finance matters.

Treasury

• Manage cash flow and working capital to optimize financial performance.

• Liaise with bankers for letter of credit, banker's guarantee, performance bond, respond to bank inquiries.

• Assist in compliance reporting responsibilities per bank regulatory requirements such as Know your Client (KYC) etc.

• Support other administrative treasury duties like setup of new bank accounts, change of bank signatories or account closure.

Compliance

• Assist management in developing or improving policies and procedures.

• Implement and maintain strong internal controls to safeguard company assets and ensure compliance with company policies, bank loans compliance, and bank KYC.

Knowledge, Skills & Experience

• Bachelor of Accountancy or Bachelor of Business/Commerce - majoring in accounting.

• CA/ CPA or ACCA qualified.

• Able to handle full set accounts and in-depth knowledge of local accounting standards, tax regulations, and compliance requirements.

• Good knowledge of Companies Act and Professional Accounting Practices relating to financial/ consolidation accounting, Singapore Tax Regulations in GST and Corporate Income Tax.

• Minimum 7 years of experience in a financial control role, preferably in fund accounting.

• Similar work experience in a real estate fund with multiple entities across various jurisdictions preferred by not mandatory.

• Proficiency in Microsoft Office software applications – particularly MS Excel (advanced), Word and Powerpoint and General Ledger systems (Yardi).

What you can expect from us

Every person at Vita Partners is critical to the success of the business. We believe high performing employees drive business growth. We support our people through ongoing engagement, by providing learning and development opportunities for future career progression and by recognising and rewarding exceptional achievements. If this resonates with you, we encourage you to apply even if you don't meet all of the requirements. We're interested in getting to know you and explore how we can take your career forward. Apply now