Assistant Manager, Finance (Based in NYC, USA) - Mapletree : Job Details

Assistant Manager, Finance (Based in NYC, USA)

Mapletree

Job Location : New York,NY, USA

Posted on : 2024-11-09T20:34:20Z

Job Description :
About The CompanyHeadquartered in Singapore, Mapletree is a global real estate development, investment, capital and property management company committed to sustainability. Its strategic focus is to invest in markets and real estate sectors with good growth potential. By combining its key strengths, the Group has established a track record of award-winning projects, and delivers consistently attractive returns across real estate asset classes.The Group manages three Singapore-listed real estate investment trusts ( REITs ) and nine private equity real estate funds, which hold a diverse portfolio of assets in Asia Pacific, Europe, the United Kingdom ( UK ) and the United States ( US ). As at 31 March 2024, Mapletree owns and manages S$77.5 billion of office, retail, logistics, industrial, data centre, residential and student accommodation properties.The Group's assets are located across 13 markets globally, namely Singapore, Australia, Canada, China, Europe, Hong Kong SAR, India, Japan, Malaysia, South Korea, the UK, the US and Vietnam. To support its global operations, Mapletree has established an extensive network of offices in these countries.The RoleThe candidate will be a key member of the US Finance team for Mapletree US Management LLC and assist in certain aspects of the logistics vertical. The experienced candidate should have valuable knowledge of the general accounting, as well as expertise with CAM, straight-line rent as well US GAAP accounting principles. This role reports to the US Finance Director and will manage an accountant. The candidate will provide guidance to the accountants in the group with respect to the responsibilities below. Job Responsibilities
  • Review monthly financial statements, trial balance and general ledger details, and supporting schedules; ensure accuracy and completeness of data on a US GAAP and IFRS accounting basis.
  • Prepare/review monthly IFRS financial conversion for group consolidation.
  • Prepare intercompany reconciliation, ensure all inter-company transactions are properly recorded.
  • Ensure intercompany liabilities, such as, commissions and management fees, are being tracked and paid timely.
  • Review of budgets submitted by asset management team and other business partners.
  • Review monthly actual vs budget variance analysis.
  • Prepare detailed monthly variance analysis (MTM income statement analysis).
  • Assist the Asset Management team with preparation of financial data for presentations, as necessary.
  • Calculate and review various financial metrics pertaining to an assigned portfolio.
  • Ensure all payment requests comply internal policies.
  • Act as a liaison between U.S. and Singapore counterparts as well as to communicate with many levels of Senior Management.
  • Assist with interim and annual Audit preparation, coordination and required deliverables.
  • Assist with internal control review exercises.
  • Ensure internal control and compliance roles (with respect the delegation of authority, procurement policies and other internal policies.
  • Assist and manage certain aspects of the budget and forecasting exercise.
  • Assist with handling of tax matters (such as corporate tax and any other applicable taxes) including preparation of tax computation or working closely with the tax team on tax computation and filings and attending to tax queries from the tax team.
  • Work closely with AP staff to review bank reconciliations and resolve reconciling items.
  • Other adhoc requests.
Job Requirements
  • Chartered Accountant (CA) with Degree in Accountancy or ACCA or its equivalent.
  • At least 4 to 7 years of relevant accounting experiences and / or audit experiences
  • At least 2 years in a managerial capacity to be considered for Assistant Manager position.
  • Well-versed in GAAP and IFRS.
  • Experience in SAP and Business Planning and Consolidation (BPC) would be highly advantageous.
  • Experience in real estate or financial services industry is a clear advantage.
  • Hands on with finance operations experience, good accounting knowledge, responsible, assertive, and experienced in managing people and able to work independently in a fast-paced environment.
  • The role involves frequent liaising with various parties such as inter-department, property managers/agents and auditors, hence good verbal and written communication skills are required.
Compensation DataThe annual base compensation range for this role sits between: $115,000 - $125,000This range is representative of the starting base salaries for this role at Mapletree. Compensation offers are based on a wide range of factors including previous work experience, specific industry experience, relevant skills, training and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered. Candidates hired to work in other locations will be subject to the pay range associated with that location. In addition to salary and a competitive employee benefits package, candidates may also be eligible to receive a discretionary bonus.#LI-AC1
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