JOB OVERVIEW
The Senior Accountant is responsible for maintaining accurate and timely financial records, supporting month-end closings, and ensuring compliance with accounting standards and internal control procedures. In addition to general accounting duties, the role involves management accounting, cost analysis, and strategic financial reporting to support business decisions for property operations.
You will work closely with the Finance Controller and Sales and Operations teams to provide insight into business performance, improve cost efficiency, and strengthen reporting for both local and offshore entities.
DUTIES AND RESPONSIBILITIES
General Accounting and Accruals
• Record and reconcile daily accounting transactions across general ledger accounts.
• Prepare journal entries for accruals, prepayments, allocations, and adjustments.
• Support month-end closing and ensure accuracy, completeness, and timeliness of data
• Assist in the preparation of management and statutory financial statements.
• Provide supporting documentation and responses for internal and external audits.
• Develop cost allocation models by property, department, and function.
Property Accounting
• Maintain detailed accounting records for all property-related assets.
• Prepare and update fixed asset schedules to calculate monthly depreciation.
• Collaborate with the Investment team to finalize property valuation reports, and align accounting records with fair value a.
• Manage lease accounting under IFRS 16, including right-of-use assets, lease liabilities, and related interest and depreciation postings.
Loan and Bank Account Management
• Manage loan compliance, including repayment schedules and reporting obligations to the State Bank.
• Maintain complete and accurate loan documentation, checking principal, interest, and related entries.
• Manage daily bank reconciliations, ensure liquidity accuracy.
• Prepare detailed project cash flow reports, tracking rental inflows, operating expenditures, capital expenditures, and financing movements.
Offshore Company Management
• Manage compliance of offshore companies (e.g., Hong Kong, Cayman) in accordance with corporate and statutory requirements.
• Work with company secretaries to maintain registers, resolutions, and statutory filings.
• Coordinate with external auditors and tax advisors for offshore entities to ensure timely audits, filings, and regulatory submissions.
• Facilitate effective communication between onshore and offshore teams on finance and compliance matters.
Reporting
• Prepare monthly management accounts for each property
• Conduct variance analysis between actual results and budget/forecast, highlighting key operational and financial drivers.
• Coordinate with Operations/Sales to ensure accurate revenue and expense recognition aligned with management objectives.
Department: Accounting and Finance
Report to: Finance Controller