Assistant Manager, Finance

Department: Finance

Reporting Officer: Manager, Finance

About Us

A specialised real estate investment and operating company.

8M, founded in 2014, was born out of a passion for the rejuvenation and reintegration of Singapore’s iconic shophouses into the evolving cityscape. Over the past few years the company has seen rapid growth, gaining significant expertise in the shophouse sector, and today we own an impressive portfolio of conservation properties. We continue to diversify our acquisition strategy however investment in conservation property remains at the heart of our business.

Our People

Our greatest asset is our people and we are passionate about nurturing talent to achieve success within our company and the industry. Our team is bold in approach, entrepreneurial in the way we build business, strive to deliver excellence for our partners and for ourselves, and above all, a social bunch. And collectively we work together to realise our corporate purpose; “Breathing life into Singapore’s heritage and beyond“.

Main Duties & Responsibilities

A. In-House Accounting & Financial Close

• Perform end-to-end in-house accounting for an assigned portfolio of entities using the Yardi Property Management System (Yardi PMS), including general ledger maintenance, journal postings, accruals, provisions, reclassifications, and balance sheet reconciliations.
• Execute month-end, quarter-end, and year-end close activities in accordance with established close calendars and internal reporting timelines.
• Prepare accurate, complete, and reliable management accounts in compliance with SFRS/IFRS and internal accounting policies.
• Perform detailed variance analysis against budget and prior periods, clearly explaining material movements, one-off items, and key drivers.
• Ensure accounting records are complete, well-supported, and properly documented at all times.

B. Cashflow Forecasting & Liquidity Oversight

• Monitor cash positions and liquidity levels across the assigned portfolio to ensure near-term funding needs are met.
• Maintain rolling short-term and medium-term cashflow forecasts covering operating expenses, debt servicing, and capital requirements.
• Identify potential cash timing gaps or funding requirements early.
• Escalate anticipated liquidity issues early and clearly, with a clear summary of impact and proposed actions.

C. Group Consolidation

• Support the group consolidation process, including intercompany eliminations, consolidation adjustments, and consistency checks, subject to Manager review.
• Prepare consolidation entries, assumptions, and judgments for review and approval by Manager, FR&M, ensuring compliance with SFRS/IFRS and internal policies.
• Support the preparation of consolidated financial statements, summaries, and analytical schedules for management and board reporting.
• Maintain robust documentation and audit trails supporting consolidation outcomes.

D. Statutory, Tax & Regulatory Compliance

• Review annual tax computations and related schedules prepared by tax consultants, ensuring consistency with accounting records and statutory requirements.
• Coordinate statutory filings, resolutions, and regulatory submissions with the Corporate Secretary in a timely and compliant manner.
• Ensure full compliance with applicable statutory, tax, and regulatory obligations for the assigned portfolio.
• Maintain robust documentation and support for statutory disclosures, tax positions, and regulatory filings.

E. Controls, Audit & Governance

• Liaise with external auditors on accounting and reporting matters for the assigned portfolio.
• Prepare audit schedules, working papers, and timely, well-substantiated responses to audit queries.
• Maintain strong internal controls, evidencing standards, and documentation discipline in line with governance and internal audit requirements.
• Implement agreed corrective actions for audit and control findings within assigned portfolio.
• Support banking administration matters for assigned portfolio, including bank account administration and maintenance of related documentation.

F. Portfolio, Asset & Transaction Support

• Partner Asset Management to monitor financial performance against approved budgets and business plans.
• Support Investment Management on acquisitions and disposals from an accounting and reporting perspective.
• Provide accurate, timely, and decision-useful financial information to support investment and capital management decisions.

G. Management, Board & Stakeholder Reporting

• Support the preparation of financial reporting packs, presentation slides, and supporting schedules for management and board-level discussions, based on in-house financial records.
• Ensure reported figures and supporting information are accurate, internally consistent, and fully reconcilable to management accounts, cashflow forecasts, and source data.
• Support management in responding to follow-up questions, sensitivities, and deep-dive requests arising from management or board discussions.
• Maintain version control, documentation discipline, and audit trails for reported figures and presentation materials to ensure clarity and traceability.

H. Systems, Data & Process Improvement

• Use Yardi PMS effectively to maintain data integrity.
• Support system enhancements, reporting standardisation, and workflow improvements.
• Identify process inefficiencies or control gaps and propose practical improvements.

Job Requirement

• Bachelor’s Degree in Accountancy, Finance, or a related discipline;
• Preferably with a Chartered Accountant certification (e.g. CA Singapore or equivalent);
• Minimum 7-8 years of relevant experience, preferably in real estate investments;
• Sound knowledge with IFRS/SFRS and experienced in preparing annual financial statements in line with disclosure and regulatory standards;
• Tech-savvy with strong proficiency in Microsoft Office; hands-on experience or strong appreciation for tools such as Power BI, Robotic Process Automation (RPA) or other AI-driven solutions will be an advantage
• Experience with Yardi Property Management System is an added advantage but not a must
• Detail-oriented, proactive, and able to manage time-sensitive matters independently
• Strong communication skills for working with both internal and external stakeholders
• Mature, resourceful, and collaborative team player with a hands-on mindset and the ability to work independently in a fast-paced environment