Construction Finance Manager

Hartasuma; Petaling Jaya; On-site; MYR 150,000 - 200,000; Full time

Job summary

A leading company in the construction sector is seeking a Finance Manager to oversee financial operations for various projects. The role requires extensive experience in financial management, particularly in construction and engineering, emphasizing hands-on execution of financial duties. The successful candidate will manage budgets, perform financial analyses, and collaborate with project managers to ensure financial compliance and integrity. This opportunity offers exposure to high-impact projects with growth potential and competitive remuneration.

Benefits

Competitive remuneration package

Medical & Insurance coverage

Travel allowances

Career growth potential

Qualifications

• Minimum 10 years of experience in financial management.
• At least 5 years in construction, engineering, or infrastructure projects.
• Proven track record of hands-on financial management.

Responsibilities

• Prepare and manage project budgets and financial forecasts.
• Conduct detailed financial analysis to identify cost optimization.
• Maintain detailed cost records and financial documentation.

Skills

Analytical Thinking

Problem-Solving

Attention to Detail

Communication

Education

Bachelor's degree in Finance, Accounting, Economics, or related field

Professional qualification such as ACCA, CPA, CIMA

Tools

MS Excel

Accounting Software

Construction Management Software

Job description

Add expected salary to your profile for insights

To execute and manage financial operations for our construction projects, with emphasis on hands-on cost management, financial documentation, and banking relationships. This position will actively perform financial analysis, collaborate with the Contract Manager on claims processing, and maintain project financial records. While primarily focused on construction projects, the role may occasionally support other business divisions such as our rolling stock and transportation infrastructure projects. The position requires direct execution of financial duties rather than just oversight.

Key Responsibilities

1. Actively prepare and manage project budgets and financial forecasts
2. Personally conduct detailed financial analysis to identify cost optimization opportunities
3. Execute cash flow monitoring and prepare financial status reports
4. Perform variance analysis between planned and actual expenditures
5. Develop and update cost tracking tools and methodologies
6. Actively review and contribute to financial models for construction projects
7. Analyze project profitability and financial risks
8. Identify financial trends and provide recommendations for improvement
9. Evaluate financial implications of project changes and variations

Cost Management & Documentation

1. Maintain detailed cost records and documentation for all construction projects
2. Review and analyze subcontractor payment applications and cost reports
3. Work alongside Contract Manager to validate financial aspects of claims
4. Document financial impacts of approved change orders and variations
5. Ensure accurate cost coding and allocation across projects
6. Prepare comprehensive financial documentation required by funding institutions
7. Compile and verify information for drawdown requests and financial certifications
8. Ensure financial reporting meets banking compliance requirements
9. Respond to financial queries from external stakeholders
10. Maintain organized records of all financial transactions and approvals

Team Coordination

1. Provide guidance to Finance Executives when needed
2. Share expertise with team members working on other divisions' projects when required
3. Implement standardized financial processes across construction projects

Cross-Divisional Support

1. Occasionally assist with financial matters related to other business arms as needed
2. Provide financial expertise during periods of high workload in other divisions
3. Adapt construction financial best practices for application in other project types
4. Support knowledge sharing between different business divisions

Qualifications & Experience

Education

• Bachelor's degree in Finance, Accounting, Economics, or related field
• Professional qualification such as ACCA, CPA, CIMA, or equivalent (preferred)

Experience

• Minimum 10 years of experience in financial management
• At least 5 years specifically within construction, engineering, or infrastructure projects
• Proven track record of hands-on financial management and analysis
• Experience with construction cost control and financial documentation
• Familiarity with infrastructure or transportation projects is an advantage
• Travel to Penang will be required based on project or business needs

Technical Skills

• Advanced proficiency in MS Excel and financial analysis tools
• Strong knowledge of accounting software
• Experience with construction management software
• Understanding of quantity surveying principles and construction contracts
• Ability to develop and maintain complex financial spreadsheets and models

Soft Skills

• Exceptional analytical thinking and problem-solving abilities
• Meticulous attention to detail and accuracy
• Strong communication skills, both written and verbal
• Self-motivated with ability to work independently
• Adaptable to changing priorities and workloads

What We Offer

• Competitive remuneration package
• Medical & Insurance coverage
• Travel allowances
• Exposure to high-impact projects with career growth potential

How do your skills match this job?

How do your skills match this job?

Sign in and update your profile to get insights.

Your application will include the following questions:

• What's your expected monthly basic salary?
• How many years' experience do you have as a finance manager?
• How many years' experience do you have with forecasting for businesses?
• How many years of project management experience do you have?

Manufacturing, Transport & Logistics 51-100 employees

We are a pioneer in the local rail industry, supplied the first locally assembled passenger coaches and LRTs in Malaysia to Prasarana Malaysia Berhad (PRASARANA) and Keretapi Tanah Melayu Berhad (KTMB), with vast experience and core competencies in the areas of engineering, refurbishment, overhaul, operations and maintenance, assembly and supply of Light Rail vehicles. We offer a complete range of services, comprising the phases of design, engineering and manufacturing systems, coordination, modular construction, assemblies, technical assistance and consultancy, including project management, operations and maintenance.

To help fast track investigation, please include here any other relevant details that prompted you to report this job ad as fraudulent / misleading / discriminatory.