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Work Location: Alabang
Work Schedule: Mondays to Fridays (8am to 5:48pm)
Job Summary: To work with the FFMI management in achieving the target growth of client Filinvest REIT corporation (FILRT), by implementing its investment strategy, asset infusion and financial management of the assets for a continued accretion of the valuation of the FILRTs asset portfolio. Ensure the satisfactory performance of the obligation of FFMI pursuant to the Fund Management Agreement, and in compliance to the REIT Implementing Rules and Regulations.
Key Functions & Responsibilities:
1. Financial reporting and compliance
Regular financial reports to(1) FILRT company for the results of its operations and to (2) FFMI for its own corporate financial reports timely and accurate release of the financial statements by entity and consolidated, to the management. EXECOM Monthly; Board of Directors quarterly; Annual report to the Stockholders; may also include information required for Investor Relations events and press releases
Audit and special engagements - Work with the external auditors for the Timely and accurate release of
the Annual Audited financial statements and other reports as necessary per special engagements, if any.
It will also include the engagement of Internal Audit or external audit to check on the titles and
agreements of the assets within the FILRT
2. Portfolio Management to protect shareholder yields
Financial management ensure prudent fund management, ensure healthy and stable financial condition of the company. Revenue enhancements - work with leasing team to analyse the market and provides recommendation to the REITCo to achieve higher revenues without necessity of high investment. Expense control work with Property management on the upkeep and maintenance of the assets to prevent degradation. analyse costs and implement measures to achieve better efficiency; especially the maintenance programs of the assets
3. Asset Divestment to avoid devaluation
Look for proper avenues for divestment, brokers, to conclude such transaction.
Evaluation of other FDC/FLI assets and deal structuring to infuse into the REIT to include
(1) Hospitality assets
(2) Malls/Industrial Parks
(3) Other Assets
DIRECT REPORTS: Finance Staff of FFMI & Functional supervision to the finance team of the REIT company
EDUCATION, TECHNICAL COMPETENCIES AND SKILLS:
Job ID: 137190269