Real Estate Finance Officer

A Real Estate Finance Officer plays a crucial supporting role within a real estate organization's finance department, primarily focused on the execution and accurate recording of financial transactions related to property operations, leasing, and investments. While a manager typically strategizes and leads a team, an officer is hands-on with daily financial tasks, ensuring data integrity and compliance.

Role Responsibilities of a Real Estate Finance Officer

Lease Accounting and Revenue Operations

• Oversee the thorough compilation, exacting verification, and accurate posting of all tenant bills, including base rent, utility reimbursements, common area fees, and other agreed-upon obligations.
• Ensure that all tenant payments, security deposits, and credits to the appropriate ledgers are collected, applied, and reconciled in a timely and accurate manner.
• Oversee the upkeep and reconciliation of all tenant account ledgers, implement proactive overdue account monitoring, and offer tactical assistance for all-encompassing collections enforcement initiatives.
• Assure smooth collaboration with the leasing team by authorising and implementing any necessary modifications for substantial contract alterations, negotiated discounts, or lease escalations.
• Make certain that every financial transaction pertaining to leases is painstakingly handled and documented in strict compliance with Philippine tax and accounting regulations (PFRS).

Budgeting, Forecasting, and Financial Monitoring

• Oversee the yearly budgeting process for rental revenue and leasing-related operating expenses.
• To provide crucial information for strategic decision-making, do a thorough financial analysis of key performance metrics such as rental yield, occupancy trends, effective rent per square metre, and collection efficiency.
• Create and deliver thorough deviation reports and solid financial predictions to proactively advise and direct executive-level decisions and leasing strategy.

Cash Flow and Payment Oversight

• Cash flows related to advance payments, security deposits, tenant receivables, and other related disbursements should be monitored and strategically managed.
• Organize crucial coordination with the legal and treasury departments to enforce contractual financial conditions strictly and to swiftly settle complicated tenant payment disputes.
• To greatly improve operational effectiveness, transparency, and the portfolio's overall financial health, start and promote ongoing improvements to the billing and collection processes.

Regulatory Compliance and Reporting

• Verify adherence to the Bureau of Internal Revenue's (BIR) rules on the withholding tax and VAT that apply to leasing agreements.
• Create precise financial information about the revenue from leasing and the financial performance of tenants.
• Oversee financial audits and plan replies to audit specifications for documents pertaining to leases.
• Enforce policy compliance, documentation procedures, and internal financial controls.

Team Leadership and Coordination

• Oversee a group of financial officers and accountants who handle leasing and tenant finance tasks.
• Establish excellent communication and coordination with cross-functional teams, such as legal, leasing, and property operations.
• Encourage process enhancements in financial accuracy, revenue operations, and reporting procedures.

✅ Key Skills & Qualifications

• Bachelor’s degree in Accountancy; CPA required
• Minimum of five years of experience in finance and accounting within the real estate leasing or commercial property sector.
• In-depth knowledge of Philippine tax laws and financial reporting requirements related to lease transactions
• Proven expertise in lease billing, tenant collections, and revenue monitoring
• Familiarity with financial systems such as SAP, Oracle, or other real estate-specific platforms
• Strong leadership, analytical, and communication skills
• Ability to interpret lease agreements and apply them accurately in accounting records

✅ What We Offer / Company Benefits

• Flexible Work Schedule
• Paid COVID-19 Quarantine Leave
• Complimentary Eye Check-Up
• Sick and Vacation Leave
• Health Insurance Coverage
• Life Insurance
• Annual Merit Increase
• Emergency Loan Access
• Product Discounts
• Government-Mandated Benefits

Job Types: Full-time, Permanent

Pay: Php70,000.00 - Php80,000.00 per month

Benefits:

• Additional leave
• Company Christmas gift
• Company events
• Employee discount
• Flexible schedule
• Free parking
• Health insurance
• Life insurance
• On-site parking
• Opportunities for promotion
• Promotion to permanent employee

Schedule:

• Flextime

Supplemental Pay:

• 13th month salary

Education:

• Bachelor's (Required)

Experience:

• SAP Finance & Controlling: 5 years (Preferred)

Work Location: In person