Key responsibilities
We are seeking a hands-on and detail-oriented Finance Manager to oversee the financial operations of a sizable commercial property comprising office and retail. This role will be responsible for ensuring accurate financial reporting, strong internal controls, efficient day-to-day finance operations, and asset-level financial analysis. The Finance Manager will also supervise a small team and work closely with asset management, leasing and operations teams.
Financial management and reporting
- Oversee full set of accounts, including general ledger, accounts payable, accounts receivable, and fixed assets.
- Prepare monthly and annual financial statements in accordance with Singapore Financial Reporting Standards.
- Ensure timely and accurate financial reporting to management and stakeholders.
- Manage year-end closing process and coordinate with external auditors.
- Any other ad-hoc reporting as required
Budgeting and forecasting
- Lead annual budgeting process and periodic financial forecasting.
- Monitor performance against budget and provide variance analysis with actionable insights.
- Support asset-level financial planning, including rental income projections, operating expenses, service charge recoveries and capital expenditure.
Property Finance Operations
- Oversee billing, collection of income, and accounts receivable management.
- Monitor lease-related financial obligations and ensure accurate revenue recognition.
- Review and manage operating expenses, including vendor payments and cost control initiatives.
- Coordinate with leasing and property management teams on lease-related financial matters, tenant accounts, deposits, arrears, incentives and reconciliations.
- Monitor property operating cost recoveries, service charge reconciliations and capex/project cost tracking.
Cash Flow & Treasury
- Manage cash flow planning and liquidity requirements.
- Oversee bank reconciliations and financing obligations.
- Manage fixed deposit placements in coordination with Treasury department.
- Maintain accurate records of bank loan agreements, schedules, covenants and security documentation.
- Coordinate the execution of payments relating to interest rate swaps in accordance with Treasury policies.
- Liaise with banks and financial institutions where required.
Compliance & Controls
- Ensure compliance with statutory, tax, and regulatory requirements.
- Maintain and strengthen internal controls and financial procedures.
- Prepare, review, and submit timely corporate income tax, GST, withholding tax and other statutory tax filings.
- Manage property tax including recovery, objections and enquiries.
- Manage tax computations, deferred tax calculations, and tax provisions in financial statements.
- Coordinate tax filings with advisors.
- Liaise with tax authorities on queries, audits, assessments, and investigations.
Team Leadership
- Supervise, mentor, and develop finance team, ensuring timely and high-quality deliverables.
- Foster a collaborative and accountable team environment.
Stakeholder Management
- Act as finance business partner to property management, leasing, asset management and operations teams.
- Support management with financial analysis for decision-making.
- Liaise with external parties including auditors, tax advisors, and consultants.
Qualification and experience
- Bachelor's degree in Accounting, Finance, or a related field professional qualification (e.g., CPA, ACCA, CA) preferred.
- Minimum 10 years of relevant experience, preferably within real estate industry.
- Strong understanding of property-related financial operations.
- Proven experience managing a small team.
- Strong analytical, organisational, and problem-solving skills.
- High level of integrity and attention to detail.
- Ability to work independently and manage multiple priorities.
- Positive mindset with strong resilience and adaptability.
