Senior Account Executive/Asst Manager

Teguh Harian Group; Alor Setar; On-site; MYR 40,000 - 80,000; Full time

Job summary

Join a forward-thinking company as a Senior Account & Finance Executive where you will play a crucial role in financial management and compliance. This position involves preparing detailed financial reports, ensuring adherence to Malaysian financial standards, and managing project budgets in the dynamic construction industry. Your analytical skills will be vital in monitoring cash flows and identifying cost-saving measures, while your communication prowess will facilitate collaboration with auditors and regulatory bodies. This is an exciting opportunity to contribute to impactful projects and enhance your professional growth in a supportive environment.

Qualifications

• 5-8 years of experience in finance, preferably in construction.
• Strong knowledge of CIDB, LHDN, and BNM regulations.

Responsibilities

• Prepare monthly, quarterly, and annual financial reports.
• Ensure compliance with Malaysian Financial Reporting Standards.
• Manage progress payments and claims verification.

Skills

Financial Reporting

Compliance with MFRS

Cost Control

Cash Flow Management

Analytical Skills

Communication Skills

Education

Degree in Accounting or Finance

ACCA, CPA, or CIMA

Tools

SQL

Autocount

SAP

Job description

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A Senior Account & Finance Executive or Assistant Manager typically handles the financial management, reporting, and compliance aspects of the business. Since construction and property development involve project-based financing, cost control, and regulatory compliance, their responsibilities are more complex than in other industries.

Key Responsibilities:

1. Prepare monthly, quarterly, and annual financial reports.
2. Ensure compliance with Malaysian Financial Reporting Standards (MFRS) and Malaysian Accounting Standards Board (MASB) regulations.
3. Handle audits and tax filings, including SST, income tax, and real property gains tax (RPGT).
4. Work closely with external auditors, tax agents, and government authorities.

2. Budgeting & Cost Control

1. Prepare and monitor project budgets and cost control reports.
2. Track cash flow management and funding requirements for ongoing projects.
3. Identify cost-saving measures without compromising quality.

3. Accounts Payable & Receivable

1. Manage progress payments, claims verification, and billing to clients and subcontractors.
2. Oversee supplier and vendor payments based on project milestones.
3. Ensure timely collection of accounts receivables to maintain cash flow.

4. Project & Contract Finance

1. Analyze contract agreements, Letter of Award (LOA), and Variation Orders (VO) from a financial perspective.
2. Monitor construction project financing and liaise with banks for project loans and financial instruments.
3. Work with quantity surveyors (QS) to assess financial implications of contract variations.
4. Provide financial analysis for senior management to support decision-making.
5. Forecast financial performance and assess risks in new projects.
6. Assist in investment evaluations related to land purchases or joint ventures.

Requirements & Qualifications:

1. Degree in Accounting, Finance, or equivalent (ACCA, CPA, or CIMA is an advantage).
2. Minimum 5–8 years of experience in finance, preferably in construction or property development.
3. Strong knowledge of CIDB, LHDN, and BNM regulations related to construction finance.
4. Proficiency in accounting software (e.g., SQL, Autocount, or SAP).
5. Analytical mindset with excellent problem-solving and decision-making skills.
6. Experience in liaising with banks, auditors, and regulatory bodies.
7. Excellent communication skills both verbal and written in English, Bahasa Malaysia and Mandarin. We are seeking candidates proficient in Mandarin to effectively communicate with Mandarin-speaking clients.

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Your application will include the following questions:

• 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 an account executive?
• Which of the following accounting tasks are you familiar with?
• How many years of auditing experience do you have?
• Which of the following accounting software are you experienced with?
• How many years of taxation experience do you have?

Teguh Harian Sdn Bhd was incorporated on 30 August 1995 to capitalize on the growing property development industry, particularly in the northern region of Malaysia.

The sterling performance and success of Teguh Harian Sdn Bhd can be attributed to the sturdy backing by one of its wholly owned subsidiary companies, Teguh Harian Build-Tech sdn bhd, a building construction entity.