Job Title:  Manager | Project Finance Manager | Bengaluru Eco space | Finance Transformation | Finance Operate

Manager | Project Finance Manager | Bengaluru Eco space | Finance Transformation | Finance Operate
• Job requisition ID : 116316 
• Location: Bengaluru Eco space
• Entity: Deloitte South Asia LLP 

Manager | Enterprise Technology and Performance-Finance Transformation | Project Finance Manager

  • Location: Bengaluru

The team

Enterprise technology has to do much more than keep the wheels turning; it is the engine that drives functional excellence and the enabler of innovation and long-term growth. Learn more about ET&P

Your work profile

This role is responsible for the 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 outcomes for Lendlease’s development projects in New South Wales, Queensland or Singapore, as relevant. The position requires a strong focus on profit, cost and cash management, together with an understanding of the major drivers of property development across the residential, commercial and retail sectors.

  • Act as a business partner to the Development Management team, supporting project commercial and risk management.
  • Support transaction activities, including sell downs and disposals.
  • Prepare financial analysis for investment committee papers and JV meetings.
  • Perform debt-strategy and project-funding analysis.
  • Perform JV business-plan analysis and sensitivity modelling.
  • Ownership of commercial assessment model including updates to assumptions and cashflow phasing to support monthly management reporting and analysis through coordination with DM team.
  • Perform JV business-plan analysis and sensitivity modelling.
  • Conduct scenario analysis, applying an understanding of commercial drivers and bespoke contractual arrangements to inform decisions for key stakeholders, including JV partners, and communicate findings clearly to non-financial stakeholders.
  • Own half-year and full-year project statutory submissions, including presenting at State and Finance Committee review meetings.
  • Prepare distribution forecasts relating to settlements and distribution waterfalls; coordinate internal and external tax reviews and execution with Company Secretariat.
  • Identify pathways to achieve or exceed project budget outcomes.
  • Prepare and deliver presentations for project governance forums involving internal and external stakeholders, with a focus on clear financial insights.
  • Ownership of internal and external reporting deliverables ensuring consistency, accuracy and timeliness of reporting with variance analysis and insights
  • Technical accounting analysis under IFRS as required
  • Coordinate monthly budget/cost reporting meetings with project development management team
  • Coordinate budget management in the finance system and manage governance processes and approvals, with a focus on efficient cash management.
  • Coordinate business-plan budgeting for development projects, aligning profit outcomes, cash, capital and the cost base with key strategic initiatives over the plan period, and drive accountability for project budget outcomes.
  • Ensure compliance with milestones and obligations under relevant Development Agreements, including liaison with internal/external Legal advisors
  • Ad hoc commercial/financial tasks as required by the project team and Senior Management.
  • Engage with Tax and, for JVs where client is not the adviser, coordinate with external advisers such as PwC.
  • Coordinate contractual deliverables and respond accurately to investor queries on financial data and analysis, including monthly trial balance reporting, forecasts, financial statement queries, reconciliation of statutory positions to JV business plans, and coordination with quantity surveyors for debt reporting across the full project budget.
  • Leasing analysis to support leasing offers/deals working closely with DM team
  • Coordination of risk and opportunities analysis collaborating with DM team
  • Collaborate on JV governance deliverables, ensuring Development Management and Finance content is aligned, including contingency and contract-sum reporting.
  • Coordinate time-critical equity funding calls with JV partners.

• Support finance-transformation and Oracle Cloud-enabled initiatives by standardising project finance processes, improving data quality and reporting, strengthening controls, and embedding sustainable ways of working across retained and delivery teams

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

 

This role requires early shift starting 5:30 AM

 

  • Ensure compliance with the company’s policies and accounting standards in Joint Venture reporting.
  • Accounting for Investments in Associates & Joint Ventures

 

  1. BU Support:
  • Provide accounting support to business units (BUs) to ensure their financial transactions are recorded accurately and in a timely manner.
  • Collaborate with BUs to improve processes, resolve issues, and enhance financial understanding.

Key skills required: 

  • 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