It is a newly launched open-ended fund that seeks to capitalize on the Real Estate platform to implement a core strategy in Asia/Pacific. The Fund invests primarily in substantially stabilized office, logistics, residential and retail assets in high-quality Asia/Pacific geographies and gateway cities.
Process Creation and Management
Design and implement the process, policies and outputs to ensure preparation of high quality financial information and monitoring of day to day matters of the fund
Work closely with Finance and other teams to ensure that process and policies and deliverables are aligned globally and meet local requirements
Drive various accounting software implementation initiatives serving to improve accounting and reporting process;
Create team structure to support the needs of the business
Design and implement reporting checklists and standard reporting packs;
Financial Accounting & Reporting
Oversee external administrators' (including property and asset managers) / in house accountants' preparation of property and SPV accounting records and ensure accurate reporting from the bottom up;
Provide accounting guidance and support to internal and external finance teams with intra-GAAP conversions, purchase price allocation entries and other material transactional activity;
Ensure timely and accurate monthly and quarterly closes and review of accounting records;
Manage the process of preparation of IFRS consolidated financial statements (or other basis of accounting) for the various top holding companies;
Review of internal and external reporting packages and implement effective internal controls to comply with the group policy and achieve consistency for the portfolios under your supervision;
Facilitate timely consolidations and roll up of structures and maintain reporting calendar with the in-house and third-party accountants;
Review / preparation of IFRS, European GAAP, or US GAAP financial statements;
Intercompany reconciliations and regular intercompany settlements where applicable;
Working in a team to co-ordinate the (interim) audit process, liaising with local, group and global auditors to ensure that information is provided on a timely basis and that deadlines are met.
Ensure adherence to group accounting policy for entities;
Research accounting guidance and provide expert guidance to the wider finance team;
Liaise with the auditors and service providers to facilitate timely completion of audits and other fund reporting projects.
Investor & Bank Reporting
Preparation of quarterly cash flow reporting and summary per investment;
External debt financial covenants reporting and coordination and preparation of information packages for lending banks;
Monitoring of cash management requirements;
Provide necessary information for calculation of quarter-end and intra-quarter NAV;
Provide necessary information for AIFMD disclosure requirements;
Coordinate quarterly requests in connection with the fund valuations or ad-hoc investor reporting.
Asset Management, Acquisition and Disposals Support
Support asset management team with ad hoc financial information / analysis as required;
Preparation and monitoring of operating budgets for investments;
Review acquisition memos and funds flow schedules;
Liquidity and cash management for investments
Support acquisitions team with financial information as required and manage accounting on boarding of new deals;
Support asset management team with financial information in connection with disposals as required;
Tax Structuring and Compliance
Work with tax advisors to ensure that tax structuring for investments is complied with and that tax opinion are updated where relevant;
Ensure that all tax filings are kept up to date for the SPVs;
Ensure legal and statutory compliance through liaison with legal advisors.
Working knowledge of open ended funds and AIFMD
Involvement in reporting requirements for private equity or real estate funds structures and SPV's of the investments
Design or re engineering of business processes
Relationship Management and communication with Senior Stakeholders
Good remuneration package with a good upside on bonus component in a dynamic environment with great exposure to a large PE real estate fund
Internal Number: 4798580
About Michael Page, EA Licence No: 98C5473
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