Finance Director, Property Development SBU

Cahya Mata; Kuching; On-site; MYR 180,000 - 250,000; Full time

Job summary

A diversified Malaysian conglomerate is seeking a Finance Director for its Property Development SBU. This role involves strategic financial leadership, oversight of financial performance, and governance, with a strong emphasis on property development finance. Candidates should possess a professional qualification in Accounting or Finance and a minimum of 15 years of finance experience in the real estate industry. The position presents opportunities for significant influence on governance and value creation within a collaborative leadership environment.

Benefits

Opportunities for strategic leadership

Exposure to SBU and Group-level decision making

Influence on governance and value creation

Qualifications

• Minimum 15 years of finance experience in property/real estate.
• Proven experience in property development finance and investment analysis.
• Strong understanding of property valuation and project financing.

Responsibilities

• Provide strategic financial leadership and governance.
• Oversee financial planning and project profitability.
• Lead financial oversight of capex and cashflow management.

Skills

Commercial mindset

Financial governance

Stakeholder management

Leadership

Education

Professional qualification in Accounting or Finance

Job description

Cahya Mata Group is a diversified Malaysian conglomerate with strong positions across industrial, manufacturing, and infrastructure-related businesses. As part of our continued focus on performance, governance, and value creation, we are seeking a Finance Director at SBU level to provide strong financial leadership and business partnership.

About the Role

The Finance Director, Property Development SBU will be a key member of the SBU leadership team, functionally reporting to the Group Chief Financial Officer (GCFO) and operationally reporting to the Managing Director, Property Development SBU. This role is responsible for driving financial performance, discipline, and governance at SBU level while ensuring full alignment with Group financial strategies, policies, and standards.

Job Purpose

To provide strategic financial leadership, governance, and commercial partnership to Cahya Mata’s Property SBUs, ensuring disciplined financial management across development, investment, and asset-management portfolios, while aligning property financial strategies with Group policies, risk appetite, and long-term value creation objectives.

Key Responsibilities

Strategic Finance & Business Partnership

• Act as a trusted finance partner to the Managing Director(s), Property Development SBUs, supporting strategic, investment, and development decisions.
• Translate property strategies (development, leasing, divestment, asset optimisation) into robust financial plans and performance metrics.
• Provide commercial insights on land acquisition, development phasing, funding structures, and portfolio returns.

Property Financial Management & Performance

• Oversee financial planning, budgeting, and forecasting for property development and investment portfolios.
• Monitor project-level profitability, development costs, margins, and return metrics (IRR, NPV, yield).
• Drive financial discipline across construction costs, consultant fees, financing costs, and operating expenses.

Project Finance, Capex & Cost Control

• Lead financial oversight of property development projects, including capex control, cashflow profiling, and drawdown management.
• Review and approve development budgets, variation orders, and cost-to-complete forecasts.
• Ensure timely financial reporting on project progress, cash utilisation, and funding requirements.

Investment, Valuation & Feasibility

• Lead financial feasibility studies for new developments, joint ventures, and land acquisitions.
• Oversee property valuation processes in collaboration with external valuers and auditors.
• Support structuring and evaluation of joint ventures, partnerships, and disposal strategies.

Treasury, Funding & Cashflow Management

• Work closely with Group Finance on funding strategies, project financing, and banking facilities.
• Manage cashflow across development cycles, rental income, and asset monetisation.
• Ensure compliance with financing covenants and optimal capital structuring for property assets.

Governance, Compliance & Reporting

• Ensure compliance with Group financial policies, accounting standards, and regulatory requirements.
• Oversee timely financial closing, statutory reporting, and audit processes for Property SBUs.
• Strengthen internal controls, risk management, and financial governance across property operations.

Team Leadership & Capability Building

• Lead and develop the Property finance team, ensuring strong succession planning and capability depth.
• Drive a culture of accountability, commercial mindset, and continuous improvement.
• Ensure finance teams effectively support project teams, leasing, and asset management functions.

Qualifications & Experience

• Professional qualification in Accounting or Finance (ACCA, CPA, CIMA, ICAEW or equivalent).
• Minimum 15 years of finance experience, with significant exposure in the property / real estate industry.
• Proven experience in property development finance, investment analysis, and project-based financial management.
• Strong understanding of property valuation, feasibility modelling, and project financing structures.
• Experience working within a Group / conglomerate structure with matrix reporting is an advantage.

Key Competencies

• Strong commercial and strategic mindset in property development and investment.
• Excellent financial governance and risk management capability.
• Deep understanding of property economics and project life cycles.
• Effective business partnering and stakeholder management skills.
• Leadership presence with high integrity and professionalism.

Why Join Cahya Mata

• Opportunity to play a strategic leadership role within a diversified Group.
• Direct exposure to both SBU and Group-level decision making.
• A role with real influence on performance, governance, and value creation.
• Work with a leadership team committed to professionalism, integrity, and long-term sustainability.

📩 Interested candidates are encouraged to apply via LinkedIn or submit their profile directly.

All applications will be treated with strict confidentiality.