PROPERTY DEVELOPMENT ASSISTANT FINANCIAL CONTROLLER

PINNACLE HOMES SDN. BHD.; Petaling Jaya; On-site; MYR 80,000 - 120,000; Full time

Job summary

A leading property development company is seeking a Property Development Assistant Financial Controller in Petaling Jaya, Selangor. This full-time role involves overseeing project finances, providing detailed financial analysis, and collaborating with project management teams. Candidates should have a Bachelor's degree in a relevant field, 8 years of finance experience, and proficiency in English, Bahasa Malay, and Mandarin. The company offers competitive salaries and a positive work environment.

Benefits

Competitive salaries

Performance-based bonuses

Professional development opportunities

Health and wellbeing initiatives

Qualifications

• Minimum 8 years of experience in finance or accounting, preferably in property development.
• Proficient in English, Bahasa Malay, and Mandarin.
• Professional qualification such as ACCA, CIMA, or MIA membership is preferred.

Responsibilities

• Oversee financial management of property development projects.
• Collaborate with project management teams for accurate financial info.
• Prepare project cash-flow forecasts and manage project finances.

Skills

Financial management principles

Financial analysis

Communication skills

Detail-oriented

Analytical skills

Education

Bachelor’s Degree in Economics, Accounting, Finance, or Banking

Tools

Autocount

CSS

IFCA

Microsoft Office

Job description

PROPERTY DEVELOPMENT ASSISTANT FINANCIAL CONTROLLER

We are seeking a highly skilled and experienced Property Development Assistant Financial Controller to join our team at Pinnacle Homes Groups of Companies in Petaling Jaya, Selangor. This is a full‑time position where you will play a crucial role in managing the financial aspects of our property development projects.

RESPONSIBILITIES

• Oversee the financial management of our property development projects, including budgeting, forecasting, and financial reporting.
• Collaborate with the project management team to ensure accurate and timely financial information is provided.
• Understand and prepare feasibility studies.
• Assess the reasonableness of operating expenses and capital budgets.
• Identify and implement financial strategies to optimize project profitability.
• Analyze how the business plan aligns with corporate strategies.
• Perform periodic analytical reviews on the actual financial results compared to budget.
• Analyze financial information, monitor and interpret results versus business plans.
• Facilitate budgeting and business planning exercises with relevant business units to ensure realistic targets and accurate cash‑flow projections.
• Monitor cash flow and ensure efficient management of project finances.
• Manage the preparation of the company’s financial budget.
• Review and analyze the reasonableness of timelines, project milestones, costs and pricing assumptions used in the financial budgets.
• Track assigned project budgets and lead monthly budget meetings to identify and discuss any cost/budget issues.
• Provide financial advice and support to the project team.
• Assist with ad‑hoc financial analysis of new and existing development projects.
• Take charge of day‑to‑day accounting and financial operation.
• Handle all development accounting including project cost tracking and reporting, processing of project A/P, and construction draw processing for both new construction and renovation/remodel projects.
• Track project costs, process invoices and prepare journal entries to reflect all development project costs and activities from inception through to the start of the new company.
• Review and evaluate the effectiveness and efficiency of standard operating procedures, and propose enhancements to current workflows.
• Prepare project cash‑flow forecasts, updating monthly for changes in estimates and schedules based on information provided by other functional teams.
• Liaise with external auditors, consultants and tax agents on financial accounting and tax issues.
• Ensure group accounting policies are appropriately applied to new development projects.
• Ensure compliance with regulatory & statutory requirements and FRS.
• Participate in proposed corporate proposals such as land acquisition and new business ventures.
• Prepare relevant financial simulations/statements based on any proposed business ventures.
• Participate in structuring and inception of various proposed business ventures.
• Assist with Treasury functions and group borrowings, monitoring efficient and optimal funds management.
• Liaise with lenders on existing and new borrowings.
• Furnish relevant financial documents, such as cash‑flow projections, to lending institutions and/or relevant parties to facilitate applications for financial facilities.
• Maintain up‑to‑date documentation to improve efficiency of financial facility applications and modifications or improvements to existing facilities.
• Participate in exercises related to capital raising and/or funds to ensure the future success and sustainability of business units and new ventures.
• Assist in transfer pricing exercise.
• Assist in GST review exercise.
• Review tax implications based on management decisions for various business units.
• Provide in‑depth analysis into the financial implications of business decisions.
• Support the overall finance and reporting function as required under the Board and/or any other relevant regulatory body.
• Prepare and/or review monthly account reconciliations in accordance with Finance Account Reconciliation Standards.
• Submit monthly/quarterly management accounts and financial reports accurately and timely.
• Prepare regular financial reports and present them to senior management.
• Prepare monthly consolidated P&L and Balance Sheet plus management reporting analysis.
• Prepare tax computations and in‑charge of yearly tax submission.
• Interact with internal and external parties on finance and accounting related issues.

REQUIREMENTS

• Minimum Bachelor’s Degree or professional qualification in Economics, Accounting, Finance, Banking or equivalent.
• Minimum 8 years of experience in a finance or accounting role, preferably within the property development industry and/or property developer companies. Involvement in construction industries and/or project construction companies is an added advantage.
• Strong understanding of financial management principles, budgeting, and forecasting.
• Proficient in financial analysis, reporting, and presenting financial information to stakeholders.
• Excellent communication and interpersonal skills, with the ability to work collaboratively with cross‑functional teams.
• Highly organized and detail‑oriented, with the ability to multitask and meet deadlines.
• Proficient in using financial software such as Autocount, CSS, IFCA, and Microsoft Office applications.
• Proficient in written and spoken English, Bahasa Malay and Mandarin to effectively communicate with especially Mandarin‑speaking stakeholders. Ability to communicate local dialects with all levels of stakeholders internally/externally would be an added advantage.
• Professional qualification such as ACCA, CIMA or MIA membership is an added advantage.
• Working knowledge of GAAP and financial reporting/tax.
• Strong analytical skills.
• Ability to work under pressure.
• Ability to evaluate multiple highly detailed tasks, determine priorities and organize work for maximum delivery result.
• Has the ability to demonstrate breadth knowledge across multiple areas of accounting, finance, taxation and related fields.
• Strong interpersonal and leadership skills.
• Detail‑oriented with excellent problem‑solving skills, proactive and able to meet tight timelines.
• Possess strong sense of responsibility and integrity.
• Flexible and highly resourceful with the ability to work independently.
• Proficiency in financial analysis and financial modelling.
• Any ad‑hoc assignment assigned by the Company from time to time.

WHAT WE OFFER

We are committed to ethical business practices, environmental sustainability, and fostering a positive company culture. Our comprehensive benefits package includes competitive salaries, performance‑based bonuses, attractive allowances and incentives, opportunities for professional development and training, and a range of comprehensive health and wellbeing initiatives. We believe in cultivating a positive and collaborative work environment that encourages professional growth and work‑life balance.

ABOUT US

Pinnacle Homes Groups of Companies is a leading property development company with a strong track record of delivering high‑quality residential and commercial projects. Our mission is to create sustainable and innovative living and working spaces that enhance the lives of our customers. Our company culture is built on a foundation of integrity, teamwork, and a passion for excellence.

If you are passionate about property development finance and are looking to join a dynamic and innovative company, we encourage you to apply now. Please submit your resume and cover letter to [e-mail] or write in/email the applications with indicating personal particulars, qualification, employment history, remuneration expected, contact number and a recent passport‑size photograph (n.r.) through Jobstreet.

All applications will be treated in the strictest of confidence and only shortlisted candidates will be notified.