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Department Definition
The Real Estate and Delivery Division is responsible for the Design, Development and Build of all of Expo City infrastructure including Real Estate and Construction delivery for the Expo City. Working closely as an integrated team with the Project Management Consultants.
Opportunity Responsibilities
The Senior Manager Finance is a strategic role with the responsibility of ensuring the stability of a Real Estate’s finances, in line with ECD financial policies and procedures imposed by the corporate finance team. They assess financial markets and identify solutions to any issues that may arise, all while preparing reports for management on financial status to make important decisions about future investments or budgets accordingly.
The main responsibilities for this role include:
Strategic Responsibilities
- Work with central finance team to improve or change current practices to increase efficiency
- Tasked with the overall financial planning and control of the real estate division - Budgeting, Forecasting, Variance analysis, etc
- Assist management in the formulation of its overall strategic direction
Operational Responsibilities
- Budgetary preparation and implementation of financial forecasting processes
- Provide financial support in the development of strategic and commercial plans of the division
- Manage the monthly forecast cycles, quarterly reporting packages, the annual plan process, the financial sections of the strategic planning process, and any other forecast requests from top Management
- Work closely with the Corporate Finance team with regards to agreeing deal structures, and providing updates and analysis to financiers as required
- Track costs vs. budgets during predevelopment, development and construction
- Reconcile real estate general ledger to project budgets
- Maintain and update Real Estate Owned, Contingent Liabilities, Corporate Guarantees and other financial schedules
- Project and maintain cash flow projections for equity needs, both day to day and long-term
- Liaise with banks and other financial institutions for arranging leverages (for investments) / long term funds / project based finance requirements, etc
- Ensure that all invoices are processed in a timely and accurate manner by the team
- Proactively drive improved MIS reporting for the Real Estate division in line with the Corporate Finance team guidance
- Interact with internal stakeholders for additional opex/capex requirement which was not budgeted and identify financial impact of such requirements.
Skills
8+ years of experience in a similar role as well as:
- BSc/BA in accounting, finance or relevant field; MSc/MA is a plus
- CPA or other relevant qualification is a plus
- Proven experience as director of finance or similar role
- In-depth knowledge of corporate finance and accounting principles, laws and best practices
- Solid knowledge of financial analysis and forecasting
- Proficient in the use of MS Office and financial management software (e.g. SAP)
- An analytical mind with a strategic ability
- Excellent organizational and leadership skills
- Outstanding communication and interpersonal abilities