Financial Controller - Toa Payoh

This Financial Controller job description outlines the key responsibilities and expectations for a financial controller in the real estate industry.

Financial Management:

• Oversee and manage the financial operations of the real estate company.
• Prepare, analyse and present financial statements and reports.
• Ensure compliance with accounting standards and regulatory requirements.

Budgeting and Forecasting:

• Develop annual budgets and financial forecasts.
• Monitor budget performance and variances and provide explanations for discrepancies.
• Work with other departments to prepare and review project-specific budgets

Cash Flow Management:

• Manage company cash flow, including monitoring receivables and payables.
• Optimize the company’s liquidity position.
• Implement cash management strategies to ensure sufficient funds are available for operations and investments.
• Work with lenders on loan documentation, Covenant Analysis

Financial Planning and Analysis:

• Conduct financial analysis and modelling for potential real estate investments and projects.
• Evaluate the financial viability and performance of properties and portfolios.
• Provide strategic recommendations based on financial analysis.

Internal Controls and Compliance:

• Establish and maintain internal controls to safeguard company assets.
• Ensure compliance with financial policies and procedures.
• Coordinate and oversee internal and external audits.

Reporting:

• Prepare detailed financial reports for senior management and stakeholders.
• Provide regular updates on financial performance, including key metrics and KPIs.
• Ensure accurate and timely financial reporting.

Team Leadership:

• Lead and manage the accounting, finance and operations team.
• Provide training, mentorship and professional development for team members.
• Oversee the recruitment and performance of finance staff.

Strategic Planning:

• Advise on financial implications of strategic decisions.
• Assist in the development of long-term financial strategies and goals.

Tax Planning and Compliance:

• Manage and oversee tax planning and compliance activities.
• Ensure timely filing of tax returns and compliance with tax regulations.
• Optimize tax strategies to minimize liabilities and enhance profitability.

Risk Management:

• Identify and mitigate financial risks associated with real estate investments and operations.
• Implement risk management policies and procedures.
• Monitor and report on potential financial risks to the company.