Management Accountant Team Lead

About Cove: Cove is the new way to rent your home! We’re a co-living start-up making it easier and more affordable for young people to have a place they can call home with a more practical and seamless rental experience from end to end. Our contract terms are flexible like our tenant’s lives and our rental prices include everything from utilities and wifi and weekly cleaning. All of our properties are already stylishly furnished and located in the most incredible locations in Singapore and Indonesia. One thing you won’t get from anywhere else is that our tenants get matched with great flatmates and also have access to our community events around the city. Check us out for more exciting information at https://cove.id/.

At Cove, we are a team player and support team members especially when faced with challenges by being able to be depended on. We communicate proactively, listen to, and highly value the inputs of others by giving constructive feedback in a positive as well as supportive manner. Everyone in the team is motivated to grow and are comfortable staying agile and adaptable, where challenges are seen as opportunities. Understanding that we are a work in progress and being comfortable with ambiguity is what we need, while also enjoying the process of figuring out the solution.

Job Title: Management Accountant Team Lead

Job Type: Fulltime

Reports To: Head of Finance

Main Responsibilities

• Set objectives for the reporting team that align with the accounting department’s goals
• Oversee the monthly financial close process, including ensuring all costs incurred are properly recorded, reviewing journal entries, account balance reconciliations are completed and the month end checklist is followed.
• Manage revenue recognition in accordance with local and IFRS regulations including the accurate accounting treatment for lease, management and franchise contracts.
• Preparation of the consolidated Indonesia monthly management accounts covering all entities in Indonesia
• Oversee and support the Management Accountant team in Indonesia to ensure accounting policies are being adhered to, balance sheet and inter-company reconciliations are being performed and that management accounts are delivered on-time.
• Participate in the ongoing development/establishment of accounting policies and procedures
• Ensure that property level P&L’s are correct, completed in accordance with the company format and USALI for hotel properties and submitted on-time. Liase with property owners and LL’s to review monthly operating performance and address and questions or queries that may arise.
• Ensure fixed asset policy is being correctly applied, assets are captured and accounted for accurately, assets are assigned correctly to each property and that assets disposed of are accounted for timely.
• Oversee statutory reporting obligations such as withholding taxes, payroll taxes, hotel tax, VAT and corporate taxes to ensure that filings are on time and correct
• Review the AR balances on a monthly basis and work with the Accounts Receivable team to ensure provisions for doubtful debts are made where appropriate
• Support with the preparation of the year end working papers and support auditors to complete the audit of the financial statements.
• Work with company secretary and external consultants to complete monthly, quarterly and annual reporting, business license and other statutory reporting obligations
• Ensure corporate insurance policies are kept up to date and renewed on-time;
• Manage cash flow reporting and ensure timey submission of capital funding requests to Singapore Head Office
• Communicate and collaborate effectively with other business functions

Specifications

• Bachelor's degree in Accounting or Finance.
• Minimum 6 - 8 years of work experience as a Management Accountant or as an accounting junior manager/supervisor in a medium sized accounting practice.
• People management experience would be preferred
• Advanced in using Microsoft Excel
• Knowledge and experience with IFRS
• Experience with month end close and preparation of consolidated financial statements.
• Good working knowledge of accounting systems (cloud based).
• Able to manage and prioritise time and be committed to meet deadlines for assigned tasks and deliverables.
• Meticulous with an eye for detail and have strong analytical capabilities;
• Able to work independently with minimum supervision. 
• Strong written and verbal communication skills.
• Displays initiative and a positive attitude that would contribute to a harmonious team working environment.
• A Certified Public Accountant (CPA) will be an advantage

What’s in it for You: Working for Cove enables you to learn in an exciting young startup incubated through Antler. Co and get first-hand experience of what it takes to get a new high-growth business off the ground as well as working directly with our three inspiring co-founders. Since day one, you’ll get the opportunity to hit the ground running and take ownership. Here at Cove, you’ll be empowered and encouraged to share your thoughts and ideas because every team member matters. The team is fast-paced and hard-working in order to achieve results, but you can expect a highly-supportive environment where we value employee engagement. We actively encourage your development and ensure you become the best version of yourself with plenty of fun thrown in.