Financial Specialist building a financial services practice under Allstate's brand. Driving new business and collaborating with licensed professionals in the community.
About the role
- Associate Vice President ensuring high-quality financial information delivery at Revantage. Overseeing portfolio accounting and financial reporting for Blackstone's investments in Asia.
Responsibilities
- Manage portfolio deals in accounting & reporting functions
- Capitalize funding through the deal structure as per structure & tax requirements and monitor it throughout deal life cycle
- Ensure timely approval and payment of invoices
- Review monthly management accounts for projects under your allocation
- Review quarterly valuation deliverables to Blackstone i.e. NAV analysis, Debt valuation and Cash analysis
- Monitor liquidity and cash management on an ongoing basis
- Manage working capital and closing costs as part of quarterly reporting
- Liaison with corporate secretary and legal advisors in finalizing corporate secretarial documents and legal documentation for all capital transactions
- Review of funds transfer documents and ensuring all considerations are met (e.g., bank details, bank balances, negative interests, bank charges, cut-off timings)
- Oversee funds transfer with Treasury to ensure smooth execution, including settlement of FX trades
- Analyze cash flow requirement in each project and finalize distribution amount on a quarterly basis
- Review solvency tests and ensure compliance with legal requirements as part of distribution
- Review and finalize documentation for all funds movements working closely with Cosec and Legal teams
- Review ad-hoc capital movement through the deal structure
- Review and guide team on key financial transactions (including JE booking)
- Summarize & analyze quarterly NAV fluctuation for stakeholders
- Manage statutory audits and review financial statements of entities under your allocation, including liaison with auditors on audit issues/complex disclosures.
- Review allocation of fair market valuation for each entity / deal on quarterly basis
- Review deal book and ensure deal structures are updated
- Reviewing, preparing and analyzing portfolio and consolidated sector property results (balance sheet and profit & loss) on a monthly and YTD basis
- Forecast capex and tenant incentives, tracking of actuals vs budget, and accruals are all up to date based on inputs from development/asset managers
- Tracking income collection and cash collections – working with asset managers/sector heads to provide information to assist them in reducing aged arrears
- Calculation of management fees, leasing fees and capex fees
- Updates to the outgoings income recovery model for annual budget and quarterly re-forecast
- Review monthly property expense, capex and incentives forecasts
- Ensuring the entities have sufficient liquidity through cash forecasts and managing intercompany cash transfers
- Ensuring property & trust expenses and procurements are swiftly processed
- Disposition management, including fund flow management, onshore coordination and tax reviews
- Manage working capital till liquidation of entities
- Work closely with Cosec and Legal teams to liquidate the entities in projects
- Provide support to Tax team in ensuring all tax reporting requirements’ deliverables and support are provided on time
- Assist Tax team in responding to queries from tax agents on financial related matters
- Ensure stakeholders’ needs and expectations are well managed (i.e Blackstone business finance), and stakeholders are aware of timing and progress of deliverables
- Ensure quality of deliverables and service are aligned to excellence required by Blackstone
- Liaise with external advisors, such as tax advisors, auditors, legal advisors, and lenders in relation to ongoing matters and deal structuring issues or refinancing of loan
- Manage relationship with JV Partners/Platforms/ Service providers for various deliverables
- Assist with continuous improvement initiatives for all financial reporting processes
- Liaison with back-end (COE) teams and provide coaching and training to COE teams
- Liaison with 3rd party onshore service providers / JV partners
- Ad hoc project work
Requirements
- 7 years’ + experience in a relevant industry
- Chartered Accountant or equivalent
- Bachelors (or equivalent) in Finance/Accounting
- Working knowledge of Private Equity/Real Estate, Fund Administration experience desirable
- Tax structuring knowledge beneficial
- Relationship management experience to influence diverse stakeholders across regions
- Strong analytical skills & attention to detail
- Good written and verbal communication skills
- Property accounting experience a large plus
- Experience in ERP systems; Workday strongly preferred
Benefits
- Hybrid work arrangement
- Professional development opportunities
Job title
Job type
Experience level
Salary
Not specified
Degree requirement
Tech skills
Location requirements
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