Asset Management - Real Estate Fund Controller - Associate
Aumni
Accounting & Finance
Singapore
Posted on Sep 6, 2024
Job Description
We are seeking an Associate to join the Fund Controls team that is responsible for financial oversight of the Asset Management Asia Real Estate Investments.
As an Asset Management - Real Estate Fund Controller - Associate within the Fund Controls team, you will be responsible for overseeing all Fund reporting including investor reporting, performance reporting and budgeting. You will also be responsible for the ongoing cash management of the Fund, the co-ordination all external service providers including auditors and administrators and ensuring the Fund operates in a controlled manner.
Job responsibilities
- Be responsible for quarterly, annual financial reporting including managing annual audit process and ad-hoc periodic investor queries and reporting as well as to improve existing reporting process
- Have a good conceptual knowledge in accounting principles, understanding of the IFRS/SFRS(I), US GAAP reporting and financial statement reviews
- Work closely with finance team in various locations to ensure reporting requirements and controls are aligned
- Proactively manage third party fund administrators, company secretaries, trustees and directors to ensure timeline and quality deliverables including accounts, waterfall calculation, capital drawdown and quarterly distribution
- Understand of partnership agreements and investment structures
- Prepare and lead the quarterly distribution and cash flow projection and analysis, coordinating fund flow memo, calendar and payment with different stakeholders
- Prepare and coordinate the quarterly investment valuation and accounting, investment and management report
- Calculate, review and maintain fund performance data, including return and attribution analysis
- Support on fund and business level budgeting and forecasting, regular and ad-hoc internal reporting
- Develop and maintain relationships with all internal and external stakeholders
- Take lead in other finance operational platform matters
Required qualifications, capabilities, and skills
- Bachelor’s Degree in Accounting, Finance, Business or other related discipline
- Minimum of 6 years of experience in open/closed-ended funds, operating company investments and/or fund level financial matters
- Chartered Accountant, ACCA, CPA or equivalent
- Up-to-date industry knowledge on accounting and taxation changes in the real estate industry
- Good understanding of IFRS/SFRS(I), US GAAP and advance knowledge in consolidation from different investment layers
- Understanding on compliance with the Singapore Company Acts and related legislation in relation to cash distribution and filing
- Current knowledge on industry accounting and tax structuring/trends/issues
Preferred qualifications, capabilities, and skills
- Experience in managing and operating group level/fund level holding entities
- Analytical mindset with strong attention to detail and problem-solving abilities, with the ability to act decisively, form opinions, solve problems and make recommendations
- Strong project management skills; ability to manage and organize resources, conduct effective presentations, facilitate meetings, and gain consensus around issues, with the ability to manage workload and meet tight deadline
- Excellent interpersonal and communication skills, with the ability to effectively engage and influence senior stakeholders and cultivate strong relationships internally and externally
- Experience in managing third party service provider and auditors
- Experience with data management and reconciling data
- Proficiency in Yardi, MRI Software, MS Office (Excel/VBA, PowerPoint), Alteryx, Python, Tableau and SQL