Senior Account Executive (Property Development)

New Times Development Sdn Bhd; Seremban; On-site; MYR 150,000 - 200,000; Full time

Job summary

A leading property development firm in Seremban is seeking a detail-oriented Senior Account Executive to manage financial functions for development projects. The candidate must have at least 5 years of experience in accounting, specifically in property development. Responsibilities include managing complete sets of accounts, payroll, project accounting, and ensuring compliance with tax requirements. Proficiency in accounting software and effective communication in Mandarin, English, and Bahasa Malaysia are essential. Immediate availability is preferred.

Qualifications

• Minimum 5 years of accounting experience, preferably in property development.
• Strong knowledge of property development processes and project accounting.
• Able to work independently and meet tight deadlines.
• Immediate availability is an added advantage.

Responsibilities

• Prepare and maintain complete sets of accounts for the company and its development projects.
• Process monthly payroll for employees and handle staff claims.
• Monitor and control development costs, including land acquisition and construction costs.
• Liaise with banks on project loan drawdowns and prepare cash flow forecasts.
• Work closely with project managers to ensure adherence to approved budgets.
• Ensure compliance with statutory and tax requirements.
• Establish and enforce internal financial control procedures.

Skills

Financial analysis

Attention to detail

Analytical skills

Project accounting

Compliance knowledge

Communication in Mandarin

Communication in English

Communication in Bahasa Malaysia

Education

Bachelor’s Degree in Accounting, Finance, or related field

Tools

SQL

UBS

AutoCount

Microsoft Excel

Job description

Senior Account Executive (Property Development)

We are seeking an experienced and detail-oriented Senior Accounts & Finance Executive to take full responsibility for the company’s and property development projects’ accounting and financial functions.

The ideal candidate should have a strong background in project accounting, financial analysis, and compliance, particularly within the property development industry.

Key Responsibilities

• Full Set of Accounts: Prepare and maintain complete sets of accounts for the company and its development projects. Ensure timely monthly and annual closing of accounts.
• Payroll Management: Process monthly payroll for employees, including statutory contributions (EPF, SOCSO, etc.). Handle staff claims and reimbursements.
• Project Accounting (Property Development): Monitor and control development costs, including land acquisition, construction costs, and professional fees. Track progress billings and ensure accurate revenue recognition.
• Loan Drawdown & Banking Matters: Liaise with banks on project loan drawdowns and monitor utilization of loan facilities. Prepare cash flow forecasts and monitor project working capital requirements.
• Coordination with Project Team & Consultants: Work closely with project managers, quantity surveyors (QS), and procurement teams to verify costs and ensure adherence to approved budgets. Assist in financial evaluation and feasibility studies for new development projects. Prepare monthly financial statements, development cost reports, and management accounts. Analyze financial performance and conduct budget versus actual variance analysis.
• Taxation & Compliance: Ensure compliance with all statutory and tax requirements (Income Tax, SST/GST, EPF, SOCSO, etc.). Liaise with auditors and tax agents for annual audits and tax submissions.
• Internal Control & Documentation: Establish and enforce internal financial control procedures. Manage and properly file contracts, invoices, receipts, and other financial documents.

Job Requirements

• Bachelor’s Degree in Accounting, Finance, or a related field.
• Minimum 5 years of accounting experience, preferably in property development.
• Proficient in accounting software such as SQL, UBS, AutoCount, and Microsoft Excel.
• Strong knowledge of property development processes and project accounting.
• High level of integrity, attention to detail, and strong analytical skills.
• Proficient in Mandarin, English, and Bahasa Malaysia (required for legal documents, banking matters, and stakeholder communication).
• Able to work independently and meet tight deadlines.
• Immediate availability is an added advantage.

Working Hours

Monday to Friday, 9:00 AM – 6:00 PM

Additional Notes

• Candidates with property development experience will be given priority.