AVP, Portfolio Accounting & Financial Reporting

Objectives of Role:

Revantage Asia Pacific is seeking an Associate Vice President in the Portfolio Accounting & Financial Reporting team based in the Singapore Office. 
The candidate will be responsible for ensuring the delivery of high-quality financial information and monitoring of day-to-day matters of the Special Purpose Vehicles owned by the Blackstone Real Estate Funds investing across Asia.

Responsibilities:

SPV Deal Management:
• 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

ANZ Deal specific Trusts and Properties Management:
• Reviewing, preparing and analyzing portfolio and consolidated sector property 
results (balance sheet and profit & loss) on a monthly and YTD basis
• Forecast capex and tenant incentives, tracking of actuals vs budget, and 
accruals are all up to date based on inputs from development/asset managers
• Tracking income collection and cash collections – working with asset 
managers/sector heads to provide information to assist them in reducing aged 
arrears
• Calculation of management fees, leasing fees and capex fees
• Updates to the outgoings income recovery model for annual budget and 
quarterly re-forecast
• Review monthly property expense, capex and incentives forecasts
• Ensuring the entities have sufficient liquidity through cash forecasts and 
managing intercompany cash transfers
• Ensuring property & trust expenses and procurements are swiftly processed

Deal Disposition & Liquidation:
• 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

Tax Compliance
• 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

Stakeholder Relationship and Management
• 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

Other Responsibilities
• 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/Accounting
• Working knowledge of Private Equity/Real Estate, Fund Administration 
experience desirable
• Tax structuring knowledge beneficial
• Relationship management experience to influence diverse stakeholders across 
regions
• Strong analytical skills & attention to detail
• Good written and verbal communication skills
• Property accounting experience a large plus
• Experience in ERP systems; Workday strongly preferred