Project Finance Controller or Project Accountant_CA_Fulltime_Bangalore (Bengaluru)

Project Finance Controller or Project Accountant_CA_Fulltime_Bangalore (Bengaluru)

14 Aug
|
Talworx Solutions
|
Bengaluru

14 Aug

Talworx Solutions

Bengaluru

Project Finance Controller/ Project Accountant

Job title: Finance Manager, Development Finance Business unit: Finance Division/function: Development

Location: Multiple Roles, Various Locations. Sydney and Brisbane

POSITION DETAILS

Individual Contributor = PAN India

Team Handling = Bangalore

PRIMARY OBJECTIVEThis role will be responsible for financial and commercial management of development projects partnering with the Development Management team and engaging with capital partners.

Key responsibilities include managing commercial, accounting and compliance management outcomes for project development (NSW, Queensland or Singapore as relevant). This position requires strong profit, cost and cash management focus with an understanding of the major drivers of property development across the residential, commercial and retail sectors.SUPERVISIONREPORTING TO:Commercial Manager (Brisbane, Sydney roles)

Senior Finance & Commercial Manager (Singapore role)DIRECT REPORTS:N/AKEY ACCOUNTABILITIESStrategic

- Act as business partner with project development management team to assist in project commercial and risk management
- Scenario analysis with understanding of commercial drivers and bespoke contractual arrangements to inform decisions for key stakeholders including JV partners and communicate clearly so can be understood by non-financial stakeholders
- Identification of pathways to achieve and / or exceed project budgeted results
- Prepare and participate in presentations for project governance forums with internal and external stakeholders, with a focus on providing financial insights
- Debt strategy and project funding analysis
- Transaction (Selldown/Disposal) activities,
- Analysis for investment committee papers/JV meetings
- JV Business Plan analysis and sensitivities

Financial

- Ownership of commercial assessment model including updates to assumptions and cashflow phasing to support monthly management reporting and analysis through coordination with DM team.
- Ownership of internal and external reporting deliverables ensuring consistency,



accuracy and timeliness of reporting with variance analysis and insights
- Ownership of of Half Year and Full Year project statutory submissions including presenting in State/FC review meetings.
- Distribution forecasts in relation to settlements, distribution waterfall, coordination of internal and external tax review and coordination of execution with CoSec
- Technical accounting analysis under IFRS as required
- Ad hoc commercial/financial tasks as required by the project team and Senior Management.
- Engagement with Tax (particularly on JVs where LL doesnt advise JV so need to engage with external advisor (PWC)
- Coordinating contractual deliverables and accurately responding to specific investor queries on numbers or analysis e.g. Monthly TB reporting, forecasts, queries on financial statements, reconciling statutory position to JV BP, coordination with QS for debt reporting (covers whole project budget not just construction claims)

Operational

- Coordinate monthly budget/cost reporting meetings with project development management team
- Coordinate budget management in the finance system and managing governance processes and approvals, focusing on efficient cash management.
- Coordinate the Business Plan budgeting processes for Development projects that aligns profit outcomes, cash, capital and cost base with key strategic initiatives over the plan period, driving accountability for budget outcomes through projects.
- Ensure compliance with milestones and obligations under relevant Development Agreements, including liaison with internal/external Legal advisors
- Leasing analysis to support leasing offers/deals working closely with DM team
- Coordination of risk and opportunities analysis collaborating with DM team




- Collaboration on JV governance deliverables (where DM content needs to align with Finance content like contingency and contract sum reporting
- Analysis for investment committee papers/JV meetings
- Equity funding calls including coordination with JV Partners (time pressured)

People

- Act as business partner to project team, providing relevant commercial/financial support and advice, including participation in scenario modelling and analysis, project cost/commercial assessment reviews.
- Oversight and training of BPO team

KNOWLEDGE, SKILLS & EXPERIENCEQualifications

- Relevant tertiary and post tertiary qualifications, including CA or CPA

Experience

- 10+ years of work experience in financial reporting, financial planning and analysis, project accounting or a related field
- Development or property experience preferred
- Experience in the property industry and with large ERP packages (Oracle) and forecasting software (Anaplan, Excel models) is preferred

Personal Attributes

- Robust stakeholder management skills will be supported by your hands-on approach and ability to work in a fast paced, ever-changing environment working both autonomously and as part of a team
- Critical thinking
- Problem solving
- Confidence/ability to challenge
- Attention to detail
- Initiative and proactivity
- Knowledge/ability to interpret of contractual arrangements to identify commercial implications
- Modelling/advanced excel skills
- Presentation skills (PowerPoint, insights etc.)
- Relationship building and collaboration

RELATIONSHIPSKey Internal Stakeholders

- CFO Development
- CEO Development
- Executive Director, Development (relevant state/region)
- Head of Finance and Commercial, Development (relevant state/region)
- Head of Financial Control, Development
- Group Financial Control team
- Project Director(s)
- Senior Development Managers and Development Managers
- Legal, Tax, Treasury, Capital Investment Office
- Deloitte BPO team

Key External Stakeholders

- JV Partners and their advisors
- Auditors
- Legal and conveyancing
- Tax, QS, Valuer as appropriate

📌 Project Finance Controller or Project Accountant_CA_Fulltime_Bangalore (Bengaluru)
🏢 Talworx Solutions
📍 Bengaluru

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