Assistant Finance Manager (6-Month Contract)
Thoresen Thai Agencies Public Company LimitedKey Responsibilities:
- Oversee and monitor daily cash flow to ensure optimal liquidity for ongoing real estate projects.
- Develop and maintain cash flow forecasts, analyzing variances and making recommendations for improvement.
- Manage accounts payable and receivable, ensuring timely payments and collections.
- Prepare detailed financial projections, including revenue, expense forecasts, and capital expenditures for real estate projects.
- Collaborate with project managers to update financial models based on project timelines and market conditions.
- Conduct scenario analysis to assess potential financial risks and opportunities.
Bank Negotiations:
- Negotiate and manage relationships with banks and financial institutions to secure project financing and favorable loan terms.
- Coordinate with banks on credit facilities, overdrafts, and other financial products to ensure sufficient liquidity for project needs.
- Monitor interest rates and loan agreements, making recommendations for refinancing or restructuring where beneficial.
- Assist in preparing and updating budgets, ensuring alignment with financial projections and cash flow requirements.
- Provide monthly financial forecasts to track project performance and recommend corrective actions if necessary.
- Assist in preparing monthly and quarterly financial statements, focusing on cash flow and projections, in compliance with IFRS and other applicable standards.
- Provide financial analysis and reporting to senior management to support strategic decision-making.
- Support the Finance Manager in special projects related to financial modeling, system improvements, and cash management strategies.
- Bachelor’s degree in Accounting, Finance, or a related field (Master's degree or professional certifications such as CPA, CFA, would be advantageous).
- 5+ years of experience in finance, with specific expertise in cash flow management and financial projections within the real estate industry.
- Strong proficiency in financial modeling, forecasting tools, and financial software (e.g., ERP systems, Excel).
- Deep understanding of real estate project financing, cash flow cycles, and capital allocation.
- Strong analytical, problem-solving, and decision-making abilities.
- Ability to work effectively under pressure in a fast-paced environment and meet tight deadlines.
- 3 minutes walk from BTS Chidlom to the office
- Friendly working environment
- 5-day work week
- Social security
- Health insurance
- Accident Insurance
- Performance/results-based bonus