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Account Executive

SCM Property Management

Kuala Lumpur

On-site

MYR 36,000 - 60,000

Full time

3 days ago
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Job summary

A property management company in Kuala Lumpur is seeking a Senior Accounts Executive to manage financial accounts for properties. The role requires a Bachelor's Degree in Financial Accounting, with 4 to 6 years of experience, including knowledge of bank reconciliation and property management regulations. The ideal candidate should possess strong interpersonal skills and be proficient in financial reporting and Excel.

Qualifications

  • 4 to 6 years of total work experience.
  • 1 to 3 years in property management companies.
  • Familiarity with Strata Management Act 2013.

Responsibilities

  • Prepare financial records, including financial statements.
  • Generate reports for property owners and management.
  • Ensure accuracy of financial data for audits.

Skills

Bank reconciliation
Financial reporting
Interpersonal skills
Microsoft Excel
Property management accounting software

Education

Bachelor's Degree in Financial Accounting

Tools

Accounting software

Job description

SENIOR ACCOUNTS EXECUTIVE

The job purpose is to maintain and update the accounts of the Joint Management Body / Management Corporation in a timely and accurate manner to ensure the accounts reflect a true and fair view.

Key Accountabilities

  • Prepare and maintain accurate financial records, including monthly, quarterly, and annual financial statements.
  • Generate financial reports for property owners, management, and stakeholders.
  • Ensure the accuracy of financial data and reports for the Management Corporation (MC) / Joint Management Body (JMB).
  • Review audited reports and ensure timely submission of tax returns for SCM-managed developments.
  • Reconcile bank statements, tenant accounts, and general ledgers to maintain financial accuracy.
  • Prepare and maintain accurate financial records, including monthly, quarterly, and annual financial statements.
  • Oversee billing and collection of rental payments, service charges, and other dues from tenants.
  • Ensure timely processing and payment of invoices, vendor bills, and operational expenses.
  • Monitor outstanding payments and follow up on overdue accounts.
  • Prepare and execute timely payments to all creditors for SCM-managed developments.
  • Monitor and ensure bank balances, fixed deposits, and bank guarantees comply with JMB/MC requirements.
  • Ensure compliance with financial regulations, tax requirements, and company policies.
  • Assist in internal and external audits by preparing necessary documentation.
  • Plan and execute internal financial audits for SCM-managed developments.
  • Implement and execute financial policies, documentation controls, and procedures effectively.
  • Liaise with property managers, tenants, vendors, and stakeholders on financial matters.
  • Collaborate with operations, procurement, and legal departments to support financial decision-making.
  • Respond to financial inquiries from management, auditors, and regulatory bodies.
  • Attend Annual General Meetings (AGM), Extraordinary General Meetings (EGM), and JMB/MC Committee meetings as required.
  • Provide financial updates and assist in decision-making during management and committee meetings.
  • Provide guidance and training to Account Executives in the preparation of accounts for SCM-managed developments.
  • Support the team in budgeting, forecasting, and financial planning.
  • Perform any additional tasks as required by the superior.


Job Requirement

  • Bachelor’s Degree, specialized in Financial Accounting
  • Total Work Experience: 4 to 6 years.
  • Relevant Experience: 1 to 3 years in handling full sets of accounts in property management companies.
  • Strong knowledge of bank reconciliation and full sets of accounts in property management.
  • Familiarity with Strata Management Act 2013 and its financial provisions.
  • Proficiency in Microsoft Excel and property management accounting software
  • Have the skill and knowledge to handle bank reconciliation and full sets of accounts of property management companies.
  • Professional certifications such as ACCA, CPA, or MIA membership are an added advantage.


Strong interpersonal skills and ability to maintain effective working relationships with division staff and customers.

  • Must be able to present and explain financial accounts to the management committee clearly and concisely.
  • Basic oral and written communication skills in English and Bahasa Malaysia.
  • Experience in handling strata property financials, service charges, sinking funds, and JMB/MC accounting.
  • Familiarity with Malaysian tax regulations and property management financial laws.


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