Accounting and Financial Analysis Manager

KEY ACCOUNTABILITY 

1 – Financial Analysis, Budgeting and Forecasting

• Review the financial statements of the managed properties focusing on operation expenditure (OpEx) and capital expenditure (CapEx) in coordination with the Accounting Managers.
• Work closely with the Accounting Managers to develop reports to explain performance, flag issues and opportunities to improve profitability and efficiency, as a result of the financial review.
• Together with the accounting team, review and update, if necessary, the standards for the treatment of operation expense as expense account reported in Statement of Activities and the capital expenditure as asset account reported in Statements of Financial Position for all managed projects/properties.
• Develop expense indexes/operation metrics based on the type, size, location/area of eac project/property managed by the Company.
• Present insights to the management.

2 – Management, Supervision, Reporting and Compliance of Managed Mixed use Condominium Corporations

• Oversee and supervise the day-to-day functions of the Operations Accounting for the managed Mixed use condominium corporations
• Supervise Accounting Supervisor in the implementation of timely and accurate preparation of payable vouchers to avoid penalties, especially on government-related payables and monthly issuance of statement of accounts to avoid complaints from the unit owners
• Oversee compliance of the accounting team for updated and accurate financial records for timely submissions of monthly financial reports and other special reports as requested
• Provide guidance to the Accounting Supervisor on the review and analysis of the financial performance and various financial reports including compliance of the condominium corporations to implemented budget controls.
• Provide assistance to the Operations Team and to the Board of Trustees on the understanding of the financial status of the condominium corporations
• Assist the Operation Team during the preparation of the budget on OpEx and CapEx of the managed condominium corporations
• Together with Accounting Supervisor, perform variance analysis and evaluate financial performance of the managed condominium corporation by comparing and analyzing actual results with plans and forecasts.
• Provide support to Accounting Supervisor during the conduct of meetings and discussion with the Board of Trustees, Operations Team and/or external customers
• Coordinate and provide assistance with the external and internal auditors during the financial and internal control reviews of the managed condominium corporations
• Assist in the development and implementation of new policies and procedures to enhance workflow efficiency within the department
• Oversee strict compliance of the Building Administration of the managed properties with different Company polices and with different government regulations and policies
• Call the attention of the Building/Village Managers and the Accounting Staff who committed infractions with the company policies and procedures

3 – Other Tasks

• Perform other duties that may be required from time to time.