Senior Fund Controller – Real Estate Investor – Singapore

Senior Fund Controller – Real Estate Investor – Singapore

We are currently recruiting on behalf of a very well known and highly respected global real estate investor as they seek to add an additional fund controller to their well established operation in Singapore. Reporting to the Head of Fund Control APAC the role will assume full responsibility for the entire financial reporting, cash management and tax compliance processes for a portfolio of real estate funds including the strategic and operative management of external service providers. Additionally the role will assume a team management position and will be the key finance contact for the Portfolio Management team. You would be expected to manage the external service providers in line and compliance with the vendor governance program. The Fund Controller is also the key person for the coordination of fund administration, financial audits and tax compliance. While the preparation of the following outputs is outsourced to a great extend the Fund Controller retains fully responsible for accurate and timely completion.

Financial & Regulatory Reporting

• Timely and accurate production of quarterly and annual Fund Financial Statements under IFRS
• Review and approval for IFRS / Local (statutory) GAAP financials within the fund structure, cash reports, distribution forecasts, variance reports, budgets, etc. (Financial Controlling)
• Management of the financial reporting process
• Calculation of fund level returns, trading NAV, INREV NAV & TER, unit/share prices and management fees

Tax Compliance/Tax Structuring

• Monitoring and management of tax filings / tax compliance for income/corporate tax, withholding tax, capital gains tax, value add tax and FATCA/CRS

Fund & SPV Cash Management

• Cash management across the entire fund structure including regular capitalization and liquidity forecasts in compliance with the fund specific cash management strategy defined by Portfolio Management
• Processing capital calls, distributions, redemptions

Fund & Corporate Governance

• Establishment of SPV entities based on deal/fund structuring advice
• Understanding of the requirements to hold regular board & shareholder meetings in the jurisdictions where the fund(s) has SPV entities
• Preparation of sufficient and relevant information input for board meetings

Transaction Support

• Support for Portfolio Management & Transaction Management in acquisitions and dispositions as member of the inter-functional deal team, especially with regards to operational aspects, deal structure setup and tax matters

Other tasks

• Response to ad hoc enquiries from internal and external stakeholders including investors

Skills and Qualifications

• Qualified Accountant or similar relevant qualification
• A proven track record of work experience in the asset management industry for Real Estate or accounting / audit firms.
• Strong expertise and knowledge of IFRS accounting, consolidation & controlling
• Knowledge in US-GAAP and other local GAAPs would be ideal
• Knowledge of local corporate taxation requirements / understanding of income/corporate tax/VAT
• Knowledge of Luxembourg based fund structure would be ideal but is not a must have
• Experience in working with 3rd party service providers like fund administrators, auditors, tax advisors