Hybrid AVP, Portfolio Accounting, Financial Reporting

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About the role

  • Monitor acquisition timeline and support Blackstone Finance team on acquisition activities
  • Review acquisition funds flow through the deal structure and oversee execution
  • Review acquisition documents and keep track of key activities
  • Co-ordinate with various stakeholders, including legal advisors and sellers for onboarding of Finance/Tax/Treasury related documents
  • Manage closing cost & working capital requirements as part of deal acquisition
  • Support BX acquisition team with financial information as required
  • Manage portfolio deals in accounting & reporting functions
  • Capitalize funding through the deal structure as per structure & tax requirements and monitor it throughout deal life cycle
  • Ensure timely approval and payment of invoices
  • Review monthly management accounts for projects under your allocation
  • Review quarterly valuation deliverables to Blackstone i.e. NAV analysis, Debt valuation and Cash analysis
  • Monitor liquidity and cash management on an ongoing basis
  • Manage working capital and closing costs as part of quarterly reporting
  • Liaison with corporate secretary and legal advisors in finalizing corporate secretarial documents and legal documentation for all capital transactions
  • Review of funds transfer documents and ensuring all considerations are met (e.g., bank details, bank balances, negative interests, bank charges, cut-off timings)
  • Oversee funds transfer with Treasury to ensure smooth execution, including settlement of FX trades
  • Analyze cash flow requirement in each project and finalize distribution amount on a quarterly basis
  • Review solvency tests and ensure compliance with legal requirements as part of distribution
  • Review and finalize documentation for all funds movements working closely with Cosec and Legal teams
  • Review ad-hoc capital movement through the deal structure
  • Review and guide team on key financial transactions (including JE booking)
  • Summarize & analyze quarterly NAV fluctuation for stakeholders
  • Manage statutory audits and review financial statements of entities under your allocation, including liaison with auditors on audit issues/complex disclosures.
  • Review allocation of fair market valuation for each entity / deal on quarterly basis
  • Review deal book and ensure deal structures are updated
  • Disposition management, including fund flow management, onshore coordination and tax reviews
  • Manage working capital till liquidation of entities
  • Work closely with Cosec and Legal teams to liquidate the entities in projects
  • Provide support to Tax team in ensuring all tax reporting requirements’ deliverables and support are provided on time
  • Assist Tax team in responding to queries from tax agents on financial related matters
  • Responsible for onboarding of new team members
  • Monitor appropriateness of team structure and workload
  • Assess training requirements to keep team members up to date with relevant requirements, and provide ongoing coaching and training to direct reports
  • Proactively manage expectations, set targets, and provide feedback to team members
  • Ensure stakeholders’ needs and expectations are well managed (i.e Blackstone business finance), and stakeholders are aware of timing and progress of deliverables
  • Ensure quality of deliverables and service are aligned to excellence required by Blackstone
  • Liaise with external advisors, such as tax advisors, auditors, legal advisors, and lenders in relation to ongoing matters and deal structuring issues or refinancing of loan
  • Manage relationship with JV Partners/Platforms/ Service providers for various deliverables
  • Assist with continuous improvement initiatives for all financial reporting processes
  • Liaison with back-end (COE) teams and provide coaching and training to COE teams
  • Liaison with 3rd party onshore service providers / JV partners
  • Ad hoc project work

Requirements

  • 7 years’ + experience in a relevant industry
  • Chartered Accountant or equivalent
  • Bachelors (or equivalent) in Finance/Economics
  • Working knowledge of Private Equity/Real Estate, Fund Administration experience desirable
  • Fluent in Knowledge of a foreign language both written and spoken preferred (Japanese and/or Korean)
  • Tax structuring knowledge beneficial
  • Relationship management experience to influence diverse stakeholders across regions
  • Strong interpersonal, relationship-building skills

Benefits

  • Health insurance
  • Professional development opportunities

Job title

AVP, Portfolio Accounting, Financial Reporting

Job type

Experience level

Lead

Salary

Not specified

Degree requirement

Bachelor's Degree

Location requirements

HybridSingapore

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