Finance Executive Real Estate
Job Summary
The Finance Executive will manage end-to-end accounting for real estate development projects, covering general ledger, project costs, and development expenditures. You will ensure financial accuracy across various project stages and oversee payments to consultants and contractors. Additionally, the role involves handling tax compliance, financial reporting, and assisting in internal control improvements.
Responsibilities
- Manage end-to-end accounting for real estate projects.
- Handle cost accumulation, expense allocation, and contractor payments.
- Prepare financial statements and perform project financial analysis.
- Ensure tax compliance and coordinate with external auditors.
Required Skills
- Degree in Accounting/Finance or CPA/ACCA/CA.
- 5+ years of accounting experience.
- 3+ years in real estate or project-based enterprises.
- Knowledge of Singapore/Malaysia accounting standards and tax regulations.
Job Details
Requirements
- Degree in Accounting, Finance, or a related discipline; holders of CPA / ACCA / CA (or equivalent professional qualifications) are preferred.
- At least 5 years of accounting experience, including a minimum of 3 years in real estate or project-based enterprises (development, investment, property management, or construction).
- Familiar with Singapore or Malaysia accounting standards and tax regulations; experience in cross-border or multi-entity accounting is an advantage.
Job Responsibilities
- Take full responsibility for end-to-end accounting management at both real estate development company and project levels, including general ledger, accounts receivable / payable, fixed assets, project costs, and development expenditure accounting.
- Actively participate in cost accumulation, expense allocation, and progress accounting across different stages of real estate development (land acquisition / design / approvals / construction / completion), ensuring high alignment between financial records and actual project progress.
- Manage and account for various consultant and contractor costs: Design consultants, project management consultants, quantity surveyors (QS), legal, tax, engineering, and other professional service fees; Contractor progress payments, variation orders, advance payments, retention sums, and related accounting treatments.
- Prepare and review monthly, quarterly, and annual financial statements, supporting management in project financial analysis, cost control, and cash flow management.
- Handle or assist with local tax matters for real estate projects in Singapore / Malaysia and overseas, including but not limited to: GST / SST, Corporate income tax, Withholding tax, particularly in relation to cross-border consultants and contractors.
- Liaise directly with external auditors, tax advisors, banks, and relevant authorities, and support annual audits, tax filings, and compliance reviews.
- Assist in improving financial processes, internal controls, and project financial management systems, supporting simultaneous operations across multiple entities and projects.