Finance Manager

AIKBEE DEVELOPMENT SDN BHD; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

A prominent development firm in Kuala Lumpur is seeking an experienced Finance Manager. The role encompasses overseeing finance operations, ensuring compliance with regulations, and managing cash flow. Applicants should possess a degree in Accounting/Finance and a professional qualification, with over 10 years of experience in finance, including 5 years in a managerial position. This position emphasizes strong leadership and communication skills, alongside proficiency in accounting systems and reporting.

Qualifications

• At least 10 years’ experience in accounting/finance, with 5 years in a managerial role.
• Strong knowledge of project financing, cash flow, and working capital management.
• Familiar with HDA regulations, NAPIC reporting, and statutory compliance.

Responsibilities

• Prepare project cash flow forecasting and develop strategies to maintain cash reserves.
• Oversee high-volume subcontractor claims and payments.
• Ensure compliance with Housing Development Act regulations.

Skills

Project financing

Cash flow management

Leadership skills

Communication skills

Financial reporting

Education

Degree in Accounting/Finance

Professional qualification (ACCA/CPA/CIMA)

Tools

Autocount

Advanced Excel

Job description

1. Project Feasibility & Strategic Planning

Involve in project feasibility studies including project financing, tax planning, budgeting, gross development value (GDV) and gross development cost (GDC).

Contribute financial information for project tender submissions to support management decision‑making.

2. Cash Flow & Working Capital Management

Prepare project cash flow forecasting (weekly, monthly, yearly) and develop strategies to maintain healthy cash reserves.

Monitor working capital by allocating funds for subcontractor/vendor payments and term loan repayment.

3. Finance Operations & Reporting

Oversee high‑volume subcontractor and supplier claims and payments, utilities, and general disbursements (Aikbee Builders Sdn Bhd).

Manage daily finance operations including accounts payable processing.

Review monthly management accounts for construction, property development companies, and joint management bodies.

Liaise with accountants (HBO) on quarterly GST submissions and management accounts (Australia).

Coordinate with property management companies (Tiga Commercial) for monthly rental collections and payments (Australia).

Liaise with contract and project departments on project progress and billing to clients.

Ensure compliance with Housing Development Act (HDA) regulations, including fund withdrawal requirements, quarterly/annual submissions to authorities (NAPIC, 7F Report).

Coordinate with KPKT on HDA Regulation 9 & 11 withdrawal processes (post‑CCC & CMGD).

5. Banking, Financing & Legal

Liaise with bankers and private lenders for annual reviews and manage loan‑related financing such as blanket contract financing, bridging loans, term loans, revolving credit, land financing, directors’ personal loans, overdraft/contract facilities, bank guarantees, industrial hire purchase, and end‑financier drawdowns.

Liaise with solicitors to fulfil loan drawdown documentation.

6. Audit, Tax & Statutory Compliance

Coordinate with internal/external auditors, tax agents, company secretaries, consultants, and government authorities (IRB, KPKT, DBKL).

Perform audit fieldwork, review draft financial statements, and finalize audited accounts.

Prepare tax forecasts for CP204/CP204A submissions and manage tax audits to ensure IRB compliance.

7. Financial Analysis & Reporting

Provide value‑added financial analysis and variance reports to management, highlighting improvement initiatives and supporting decision‑making.

Lead, coach, and manage the finance team effectively.

Collaborate with department heads across all divisions to ensure alignment of financial objectives.

Undertake special assignments and ad hoc duties as required by the CFO and Group Finance Director.

Job Requirement

1) Degree in Accounting/Finance or equivalent.

2) Professional qualification (ACCA/CPA/CIMA or equivalent) preferred.

3) At least 10 years’ experience in accounting/finance, with 5 years in a managerial role.

4) Experience in property development and construction industry is essential.

5) Strong knowledge of project financing, cash flow, and working capital management.

6) Familiar with HDA regulations, NAPIC reporting, and statutory compliance.

7) Hands‑on in audit, tax compliance, and financial reporting (MFRS/IFRS).

8) Proficient in accounting systems (Autocount) and advanced Excel.

9) Strong leadership skills with ability to lead and coach finance team.

10) Good communication skills to liaise with bankers, auditors, regulators, and internal stakeholders.

11) High integrity, analytical, detail‑oriented, and able to work under pressure.

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Your application will include the following questions:

• How many years of auditing experience do you have?
• Which of the following statements best describes your right to work in Malaysia?
• What's your expected monthly basic salary?
• Which of the following types of qualifications do you have?
• How many years' experience do you have as a finance manager?
• How many years of taxation experience do you have?
• How many years' experience do you have with forecasting for businesses?
• Which of these industries have you worked in?