Senior Account Executive (Property Development)

Jobstreet Malaysia; Johor Bahru; On-site; MYR 150,000 - 200,000; Full time

Job summary

A property development company in Johor Bahru is seeking a Senior Account Executive to manage project accounting and financial reporting. Candidates must have a Diploma or Degree in Accounting or Finance, with at least 2 years' experience in property development or construction accounting preferred. Responsibilities include maintaining financial records, processing invoices, and assisting in project financing matters. The ideal candidate will be proficient in MS Excel and possess strong attention to detail, capable of meeting deadlines in a dynamic environment.

Qualifications

• Minimum 2 years of experience in property development or construction accounting preferred.
• Experience in project costing and progress billing is advantageous.
• Ability to meet deadlines under pressure.

Responsibilities

• Maintain project-based accounting records for development costs.
• Track project budgets and highlight cost overruns.
• Process supplier invoices and contractor progress claims.
• Prepare monthly management accounts and financial reports.
• Assist in project financing matters and liaise with financial entities.

Skills

Attention to detail

Proficient in MS Excel

Knowledge of project costing

Education

Diploma or Degree in Accounting, Finance, or related field

Tools

Property development accounting software

Job description

Senior Account Executive (Property Development)

We are looking for an Senior Account/Finance Executive to join our team. The post is based at Johor Bahru and will be responsible for group accounting portfolio

Key Responsibilities

2. Project Accounting & Cost Control

• Maintain project-based accounting records for development costs
• Monitor construction, consultancy, marketing, and operational expenses
• Track project budgets and highlight cost overruns or variances
• Coordinate with project and construction teams on cost allocations
• Prepare project cost summaries and profitability analysis
• Record property sales transactions and progress billings
• Monitor purchasers’ payment schedules and collections
• Follow up on overdue accounts and outstanding payments
• Coordinate with sales, legal, and loan processing teams on SPA milestones
• Manage rebates, incentives, retention sums, and end-financing collections

4. Accounts Payable & Contractor Payments

• Process supplier invoices, contractor progress claims, and consultant fees
• Verify claims against contracts, approvals, and progress certificates
• Prepare payment vouchers and manage payment schedules
• Liaise with vendors, contractors, and consultants on payment matters
• Prepare monthly management accounts and financial reports
• Assist in year-end closing and audit preparation
• Ensure compliance with accounting standards, tax regulations, and statutory requirements
• Prepare or assist in SST/GST, income tax, and related statutory submissions
• Maintain proper documentation and records for audit purposes

6. Financing & External Coordination

• Assist in project financing matters, loan drawdowns, and banking documentation
• Liaise with bankers, auditors, tax agents, lawyers, and regulatory bodies
• Support management on financial matters related to project funding

7. System, Controls & Administration

• Maintain accurate records in accounting and project costing systems
• Ensure adherence to internal controls and financial procedures
• Assist in improving accounting processes and reporting efficiency
• Perform other finance and accounting duties as assigned

Job Requirements

• Diploma or Degree in Accounting, Finance, or related field
• Experience in property development or construction accounting preferred at least 2 years will be an advantage
• Knowledge of project costing and progress billing is more advantage
• Proficient in property development accounting software and MS Excel
• Strong attention to detail and ability to meet deadlines