The Role
This position will be responsible for the review of accounts and management reporting for the portfolio of assets.
Job Responsibilities
- Review of financial statement prepared by outsourced service providers (GAAP) and supporting schedules for accuracy and completeness.
- Prepare monthly IFRS financial statement for group consolidation (prior IFRS preferred but not required; on-job training/mentoring will be provided).
- Prepare intercompany reconciliation, ensure all inter-company transactions are properly recorded.
- Review of yearly budget submitted by asset management team, bi-annual forecast.
- Review monthly actual vs budget variance analysis prepared by asset management team.
- Prepare monthly flux analysis (MTM income statement analysis).
- Calculate and review recovery ratio (OPEX recovery ratio) for assigned portfolio and communicate with respective asset manager if ratio is not in line with lease agreement.
- Prepare cash flow forecast for assigned portfolio and propose need for additional funding needed to cover operating expense.
- Quarterly lender, investor and REIT compliance reporting.
- Ensure all payment requests comply to the Delegation of Authority and Policies and process payments timely and accurately.
- Act as a liaison between US and headquarters’ counterparts in Singapore as well as to communicate with many levels of Senior Management.
Job Requirements
- Degree in Accountancy and/or an Advanced Degree in Accounting or Finance required.
- 1-3 years of property accounting experience required.
- Well versed in US GAAP, IFRS knowledge is preferred.
- Experience in MRI/SAP required.
- Hands-on with good eyes for details, able to communicate effectively to various parties and work independently in a fast-paced environment.
- Self-motivated and detail-oriented individual with high level of initiative.
- Candidates with Certified Public Accountant (CPA) qualifications will have an added advantage.
Please note, candidates must be local to the New York City area or willing to relocate on a short timeline. No relocation assistance is available for this position. Interested applicants, please submit your resume via APPLY NOW.
(We regret that only shortlisted candidates will be notified. Mapletree Investments Pte Ltd shall not be responsible or liable to any recruitment firm or agency in connection with the receipt of any unsolicited information on any prospective candidate.)