Executive, Finance (Cash Flow & Generalist)

Central Region, Singapore
$42,000-47,000 per year
Permanent
Full-time

8 hours ago
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ESR Real Estate Services Management (previously known as APM Property Management) is part of the ESR Group (the “Group”). The Group is APAC’s largest real asset manager powered by the New Economy and the third largest listed real estate investment manager globally.With US$140 billion in gross assets under management (AUM), the Group’s fully integrated development and investment management platform extends across key APAC markets, including China, Japan, South Korea, Australia, Singapore, India, New Zealand and Southeast Asia, representing over 95% of GDP in APAC, and also includes an expanding presence in Europe and the U.S.A Finance Executive handling MCST’s cashflow and liquidity management oversees the organization's cash inflow and outflow, ensuring sufficient liquidity to meet obligations while optimizing cash utilization and managing financial risks.Cash Flow Updating, Forecasting and Analysis:

Updating weekly cash flow of both maintenance funds and sinking funds accurately, ensuring balances tie with the respective bank accounts.
Developing and maintaining accurate cash flow forecasts and projections.
Analyze cash inflows and outflows to identify trends and potential issues.
Monitor actual cash flows against forecasts and identify variances.

Liquidity Management:

Work closely with the other departments to determine and manage liquidity needs, ensuring sufficient funds are available.
Managing short-term financing and investments to optimize cash utilization.
Identify, assess, and manage liquidity and cash flow risks.

Reporting and Analyses:

Prepare monthly cash flow reports reflecting liquidity positions accurately.
Provide insights and recommendations to senior management.

Bank Balances and Reconciliations:

Reviewing the bank balances daily to sight for any irregularities.
Preparing the monthly bank reconciliation on all 6 bank accounts of the MCST.
Investigate and provide resolution of unreconciled entries.

Arrears Management:

Preparing weekly arrears report and monthly arrears report for management reporting.
Identifying delinquent accounts and taking appropriate action in compliance with SOP.
Collaborate and work closely with Executive, Finance (AR) in managing customers and arrears recovery.

Employee Expense Claims:

Reviewing and providing final clearance in system for employee claims to be processed.
Communicate and coordinate with the respective employees and HODs on any discrepancies, ensuring timely clearance for such claims to be processed.

Fixed Assets Management:

Creating FA codes and FA tagging.
Process monthly depreciation run in accounting system.
Process FA disposal in compliance with SOP, ensuring accurate recording of entries with proof of disposals.

Finance Operations:

Customer onboarding setup in system and GIRO collection setup.
Maintaining property tax schedule of payments including monitoring and downloading of notices from IRAS web portal.
Monthly updating of contract services listing.
Updating and reconciling security deposits ledger, processing refund requests and forfeiture.
Review AP payments and create AP journals in accounting system.
Backup for AP processing and review AR journals.
Any other finance related tasks and projects as and when assigned.

Requirements· Diploma or bachelor’s degree in accounting, finance or related field· At least 3 years’ experience in handling cash flow, accounts payables and receivables· Relevant experiences in real estate management and MCST is preferred· Well experienced in handling high volume of transactions· Strong understanding of accounting principles and practices· Proficiency in using accounting software, financial systems and MS Excel· Excellent organizational and time management skills· Strong analytical and problem-solving skills· Effective communication and interpersonal skills· Attention to detail and accuracy

ESR Group