Financial Manager

INNOV Real Estate Shanghai Ltd. (INNOV Real Estate) | www.innov-re.com

Location: Shanghai, China

Category: Finance & Accounting

Job Type: Full Time

Job ID: 2020-0002

Overview

INNOV Real Estate pursues quality and excellence. The management team has decades of world-class experience in real estate development, investment, asset and fund management. We have started small, but have an ambitious goal to become a world-renowned real estate development, operation and investment management company, and we strive to provide high-quality spaces and outstanding services.  

The Financial Manager is responsible for the accounting, financial, tax, and reporting of the operations of INNOV Real Estate, as well as the development/redevelopment projects and/or properties under INNOV Real Estate’s management. This position primarily involves the financial/accounting system establishment, financial control and reporting of INNOV Real Estate and its affiliated companies (the group companies). Asset classes may include multi-family, residential communities, and mixed-use properties, etc. This position works closely with the company’s senior management team and has abundant growth opportunities.

Responsibilities

Establish financial/accounting policies and procedures, along with the financial/cost control systems for INNOV Real Estate group companies in China.

Oversee all accounting and financial activities of the group companies to ensure compliance with local statutory requirements.

Review and monitor the legitimacy, reasonableness, and compliance of business activities.

Prepare monthly, interim, and annual financial reporting packages.

Provide strategic advice to the management team on finance and operational development, and review business performance and effectiveness of the operation.

Prepare budgets, management reports, and other ad hoc reports.

Coordinate with external auditors to complete the interim and annual audit.

Deal with various local government officials in respect of regulatory & compliance issues, including tax, accounting & foreign exchange matters, etc.

Provide cash flow projections and forecast project capital calls and distributions.

Make annual, quarterly, and monthly capital plans. Manage the capital movement of each entity.

Prepare or work with third-party advisors for tax planning for the group companies.

Promote sustainability development, resource consumption reduction, cost-saving measures, and improve the profitability of the group companies in the long run.   

Coordinate with financial advisors for project financial and tax due diligence to support investment activities.

Work with capital markets/lenders for project financing/refinancing and provide relevant financial reporting to lenders/investors in a timely manner.

Support other operational activities when necessary.

Qualifications

Undergraduate degree in Finance/ Accounting or related discipline from a top-tier university. Overseas education and/or experience is a plus. 

Minimum 8 years of relevant experience in China, preferably with listed/sizable real estate organizations.

CPA is preferred and experience in the big four CPA firms is a plus.

High level of integrity, highly responsible, strong initiative, and dedication. Good and prudent business ethics.  

Good knowledge of mainland China operations, GAAPs, tax, and relevant statutory rules and regulations.

Excellent spoken and written communication skills in English and Chinese.  

Proficient in Microsoft Office and commonly used financial/accounting software.

Critical Competencies for Success

High level of integrity and strong work ethic.

Financial/accounting experience with China real estate development/operation projects. Able to manage project financial operations independently.

Ability to work with capital markets players/lenders.

Good communication and presentation skills.

Closing

At INNOV Real Estate, we treat our employees as the most valuable asset of the company. Our employees will enjoy your positive company culture and benefit from abundant growth opportunities. Qualified applicants must complete a pre-employment background screening. The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job. 

We look forward to connecting with you!