Financial Planning & Analysis / Treasury Manager - Property Developer

Private Advertiser; Johor Bahru; On-site; MYR 180,000 - 300,000; Full time

Job summary

Private Advertiser in Malaysia is seeking a Financial Planning & Analysis / Treasury Manager for a property developer. You will maintain rolling 13‑week and 12‑month cash flow forecasts and manage all HDA mechanics to ensure funds are available at the right time.

Responsibilities include managing banking relationships and facilities, monitoring covenants, forecasting collections by project, and providing monthly treasury reporting to support decision making across multiple live projects.

Qualifications

• Degree in Accounting or Finance; professional qualification preferred (MIA/ACCA/CPA/CIMA/ICAEW).
• Minimum 5 years' relevant experience in treasury or credit control.
• Experience in property development industry is essential.
• Experience managing multi-project, multi-entity structures.
• Housing Development Account mechanics and HDA 1966 compliance.
• Balance to completion, progress claims, retention and variation order treatment.
• MFRS 15 revenue recognition and the distinction between billings, collections and recognised revenue.

Responsibilities

• Maintain rolling 13‑week and 12‑month cash flow forecasts by project and group.
• Manage operating, project and HDA accounts; monitor balances and ensure timely funding.
• Ensure compliance with HDA restrictions and reporting (7F/7E).
• Prepare weekly payment runs; align outflows with certified collections.
• Manage banking relationships and group facility portfolio; monitor covenants and headroom.
• Forecast monthly collections by project and stage; report variances with drivers.
• Provide monthly treasury/credit board pack: cash position, debt usage, covenants.
• Establish single source of truth for sales, billing, collection and cost data.

Skills

Treasury management

Cash flow forecasting

Credit control

Financial analysis

Education

Degree in Accounting/Finance

Professional qualification (MIA/ACCA/CPA/CIMA/ICAEW)

Job description

Financial Planning & Analysis / Treasury Manager - Property Developer

Maintain a rolling 13-week and 12-month Group cash flow forecast, built bottom-up by project and consolidated at Group level.

Manage all operating, project and Housing Development Accounts (HDA) across the Group; monitor daily balances and ensure funds are available at the right entity, at the right time.

Ensure strict compliance with HDA restrictions under the Housing Development (Control & Licensing) Act 1966 — permitted withdrawals only, proper certification, Form 7F and 7E reporting.

Prepare and control the weekly payment run; sequence outflows against certified collections.

Banking, Facilities & Covenants

Manage all banking relationships and the Group facility portfolio: bridging loans, term loans, overdrafts, revolving credits, bank guarantees, performance bonds and Islamic equivalents.

Maintain a covenant register with headroom tracked monthly; model forward-looking compliance and elevate any projected breach to the HOD well ahead of the test date.

Support new facility applications, refinancing and restructuring exercises.

Stage Billing & Collections

Forecast monthly collections by project, phase and billing stage, and report actual against forecast with variance explained by driver.

Track the cash impact of sales rebates and packages; ensure net selling price and margin implications are understood.

Model and monitor LAD exposure.

Construction Cost & Cost-to-Complete

Work with Project, Contracts and QS to maintain a live Balance Cost to Completion (BCC) by project, reconciled to the approved budget and updated for variation orders.

Forecast construction outflows from certified progress claims, retention sums, release schedules and contractor payment terms; match timing against forecast collections.

Monitor GDV/GDC, committed vs incurred cost, and contingency utilisation; flag cost overrun risk to the HOD early.

Ensure adequate funding is in place for the balance cost to completion of every live project at all times, and that any funding gap is identified with lead time to act.

Verify that drawdowns and HDA withdrawals are properly supported by certified works.

Sales, Inventory & Bumi Lot Release

Interface with Sales & Marketing on monthly and annual sales targets, take-up rates, launch timing and cancellations; translate the sales plan into collections forecast.

Maintain visibility of unsold stock by project, phase and unit type, and its cash flow implications.

Report the aggregate cash tied up in unreleased Bumi inventory to HOD as a standing item.

Cross-Departmental Data Collection & Reporting

Establish and own a single agreed source of truth for sales, billing, collection and cost data, with fixed monthly cut-offs and agreed definitions.

Reconcile Sales' collection figures to the Accounts Receivable ledger monthly; investigate and resolve differences.

Assist in producing monthly Treasury and Credit Control board pack: cash position, collections vs target, aged debtors by cause, facility utilisation and covenant headroom, cost-to-complete funding status, Bumi release status.

Build and maintain reporting that other departments actually use — reducing duplicate data requests rather than adding to them.

REQUIREMENTS

Degree in Accounting, Finance or related discipline; professional qualification (MIA, ACCA, CPA, CIMA, ICAEW) preferred.

Minimum 5 years' relevant experience, with at least 3 years in a treasury or credit control management role.

Property development industry experience is essential.

Experience managing multi-project, multi-entity structures.

Housing Development Account mechanics and HDA 1966 compliance.

Balance cost to completion, progress claims, retention and variation order treatment.

MFRS 15 revenue recognition for property development, and the distinction between billings, collections and recognised revenue.