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Private Advertiser in Malaysia seeks a Senior Manager, Finance & Accounting to lead the finance function for a real estate portfolio. The role demands strategic oversight of financial reporting, budgeting, treasury, taxation, and governance to drive business decisions and optimize project profitability.
The ideal candidate has extensive experience in property development/real estate, strong leadership, and a track record of building robust financial controls and insightful management reporting.
Senior Manager, Finance & Accounting to lead and oversee the finance and accounting function of an established organization within the property development and real estate sector. The successful candidate will play a key role in strengthening financial governance, project financial management, cash flow planning, management reporting and overall financial discipline, while providing timely financial insights to support Management's strategic and operational decisions.
Lead and oversee the overall Finance & Accounting function, including financial reporting, management accounting, budgeting, treasury, taxation and statutory compliance.
Ensure timely and accurate preparation of monthly, quarterly and annual financial statements, management accounts and financial reports.
Oversee financial reporting and performance monitoring for roperty development projectsthe real estates and related business activities.
Monitor project developmentreal estates costs, budgets, commitments, leasing revenue recognition, profitability and cash flow against approved plans.
Work closely with leasingproject, commercial and operational teams to monitor projectassets portfolio financial performance and identify potential cost overruns, financial risks and areas requiring Management attention.
Lead the annual budgeting, forecasting and financial planning process.
Prepare and maintain short-, medium- and long-term cash flow forecasts to support liquidity and funding requirements.
Monitor cash position, working capital, receivables, payables and financial commitments.
Strengthen credit control and collection monitoring, including ageing analysis and follow-up on significant outstanding balances.
Provide Management with meaningful financial analysis, business insights and recommendations to facilitate informed decision-making.
Analyze financial performance against budgets, forecasts and business plans and recommend appropriate corrective measures where necessary.
Drive cost optimization, expenditure control and financial efficiency initiatives across the organization.
Review and strengthen internal controls, financial policies, procedures and governance frameworks.
Ensure compliance with applicable accounting standards, taxation requirements, Companies Act, statutory obligations and regulatory requirements.
Coordinate statutory audits, tax matters and engagements with external auditors, tax agents, bankers and other professional advisers.
Oversee general ledger, accounts payable, accounts receivable, fixed assets, reconciliations and other core accounting activities.
Support Management in evaluating development projects, capital expenditure, investments and commercial proposals from a financial and business viability perspective.
Assist in reviewing financing requirements and liaising with financial institutions on banking facilities and related financial matters.
Develop and monitor relevant financial KPIs, dashboards and management reporting tools.
Identify financial, operational and compliance risks and recommend appropriate mitigation measures.
Lead, coach and develop members of the Finance & Accounting team to strengthen capability, accountability and performance.
Work collaboratively with cross-functional stakeholders to promote stronger financial discipline and commercial awareness throughout the organization.
Undertake other finance-related responsibilities as may reasonably be assigned by Management.
Bachelor's Degree in Accounting, Finance or a related discipline.
Professional accounting qualification such as ACCA, CPA, CIMA, ICAEW, MICPA or equivalent is highly desirable.
Membership with the Malaysian Institute of Accountants (MIA), where applicable, will be an advantage.
Minimum 12 years of relevant Finance & Accounting experience, including several years in a managerial or senior management capacity.
Relevant experience within the property development, real estate, construction or related industry is strongly preferred.
Strong knowledge and practical experience in financial and management reporting, property development / project accounting, budgeting and forecasting, project cost monitoring, cash flow and working capital management, treasury and banking matters, taxation and statutory compliance, audit and internal controls, and credit control and collections.
Sound understanding of applicable Malaysian accounting standards and statutory financial requirements.
Strong analytical and financial modelling capabilities with the ability to interpret complex financial information.
Commercially minded with the ability to translate financial data into clear and practical recommendations to Management.
Strong leadership and people-management capabilities.
Competitive remuneration package commensurate with experience and capabilities.
Opportunity to assume a key Finance leadership role within an established organization.
Exposure to strategic, commercial and operational business matters.
Opportunity to contribute directly towards strengthening financial governance, business performance and organizational effectiveness.
Relevant experience within the property development, real estate, property development, construction or related industry is strongly preferred.
Strong knowledge and practical experience in:
Sound understanding of applicable Malaysian accounting standards and statutory financial requirements.
Experience in handling multiple real estate portfoliosprojects, companies or business units will be advantageous.
Strong analytical and financial modelling capabilities with the ability to interpret complex financial information.
Commercially minded with the ability to translate financial data into clear and practical recommendations to Management.
Strong leadership and people-management capabilities.
High level of integrity, professional judgement, attention to detail and accountability.
Strong communication and stakeholder-management skills, including the ability to engage effectively with Senior Management, auditors, bankers and external advisers.
Proficient in Microsoft Excel and accounting / ERP systems.
Good written and spoken communication skills in Bahasa Malaysia and English.
The successful candidate should be more than a technical accountant.
We are looking for a hands-on Finance leader and business partner who understands the financial dynamics of property development, including project costs, cash flow, collections, funding requirements and development profitability.
The individual should be comfortable challenging assumptions, identifying risks early and providing Management with clear financial perspectives and commercially practical recommendations.
A strong sense of financial discipline, accountability, cost consciousness and business acumen is essential.
Competitive remuneration package commensurate with experience and capabilities.
Opportunity to assume a key Finance leadership role within an established organization.
Exposure to strategic, commercial and operational business matters.
Opportunity to contribute directly towards strengthening financial governance, business performance and organizational effectiveness.