Senior Property Development & Financial Modelling Manager | Salary Up To RM 15k

Adecco Staffing Recruitment; Kuala Lumpur; Hybride; MYR 152 000 - 182 000; Plein temps

Avantages offerts par ce poste

Annual Leave

Medical Insurance

Statutory Contributions

Résumé du poste

Adecco Staffing Recruitment is seeking a Senior Property Development & Financial Modelling Manager in Kuala Lumpur. You will independently build and maintain detailed financial models for high-rise residential projects, forecasting cash flows, financing needs and project returns.

The role requires strong Excel modelling, experience across development stages, and the ability to present commercially sound recommendations to senior management. Hybrid work arrangements apply.

Qualifications

• Demonstrable experience in property development, particularly high-rise residential projects.
• End-to-end exposure to the property development lifecycle, including feasibility, financing, construction, sales and completion.
• Strong technical financial modelling skills, with the ability to independently build and update complex Excel models.
• Solid understanding of residential development revenue, construction costs, project cash flow and development financing.
• Ability to assess project feasibility, evaluate assumptions, conduct scenario analysis and interpret investment returns.
• Commercially minded, analytical and capable of presenting recommendations to senior stakeholders.

Responsabilités

• Personally build, maintain and continuously update detailed financial models for residential development projects.
• Model residential sales revenue, unit mix, pricing assumptions, saleable area, sales absorption, launch timing and progressive billings.
• Forecast development, construction, infrastructure, professional fees, statutory charges, contingencies and overheads.
• Prepare project cash flow forecasts covering funding requirements, debt drawdowns, interest capitalisation, repayment schedules and project cash balances.
• Calculate and analyse project returns, including IRR, NPV, ROE, profitability and sensitivity analysis.
• Conduct sensitivity analysis and downside scenarios to assess the impact of changes in sales performance, selling prices, construction costs and interest rates.

Connaissances

Financial modelling

IRR/NPV analysis

Sensitivity analysis

Stakeholder management

Formation

Degree in Finance, Accounting, Economics or related discipline

ACCA / CPA / CFA / MBA preferred

Outils

Excel

Description du poste

Senior Property Development & Financial Modelling Manager | Salary Up To RM 15k

Industry: Residential Property Development

Contract Duration: 12 Months

Location: TRX (Hybrid)

Working Hours: Monday to Friday, Office Hours

Salary: Up to RM 15,000 + Statutory Contributions, Annual Leave and Medical Insurance

Role Overview

We are seeking a commercially minded Senior Commercial Finance Manager with strong property development experience and technical financial modelling capabilities. The role requires an individual who can independently develop and manage complex financial models, evaluate project feasibility, monitor development performance and provide commercially sound recommendations to senior management. This is a hands-on individual contributor position. The successful candidate must be comfortable working directly with detailed financial models rather than focusing solely on reviewing work prepared by others.

Top 3 Key Requirements

1. Property Development Experience – Particularly High-Rise Residential Projects

Direct experience in residential property development, especially high-rise projects such as condominiums, serviced residences and residential towers.

Able to demonstrate the scale of developments handled, including project value/GDV, number of units and personal responsibilities.

2. End-to-End Property Development Exposure

Experience across the development lifecycle, from pre-development and feasibility assessment through financing, construction, sales and project completion.

Strong understanding of how development decisions affect project costs, cash flow, funding requirements, profitability and investment returns.

Ability to personally build, maintain and update detailed property development financial models using Excel.

Experience modelling residential sales revenue, development costs, project cash flow, debt financing, interest capitalisation, investment returns and scenario analysis.

Key Responsibilities

Personally build, maintain and continuously update detailed financial models for residential development projects.

Model residential sales revenue, unit mix, pricing assumptions, saleable area, sales absorption, launch timing and progressive billings.

Forecast development, construction, infrastructure, professional fees, statutory charges, contingencies and overheads.

Prepare project cash flow forecasts covering funding requirements, debt drawdowns, interest capitalisation, repayment schedules and project cash balances.

Calculate and analyse project returns, including IRR, NPV, return on equity, profit margins and peak funding requirements.

Conduct sensitivity analysis and downside scenarios to assess the impact of changes in sales performance, selling prices, construction costs and interest rates.

Development Feasibility and Investment Analysis

Prepare feasibility studies for land acquisitions and proposed residential development projects.

Evaluate project assumptions involving density, product mix, pricing, development costs, phasing and expected returns.

Assess alternative development scenarios and identify key financial risks, opportunities and funding implications.

Provide commercially sound recommendations to support investment decisions and senior management approval.

Project Financial Performance and Cost Control

Monitor actual sales, development costs and cash flow against approved feasibility studies, budgets and forecasts.

Analyse variances, revised development costs, cost-to-complete and changes in project profitability.

Identify potential cost overruns, funding gaps and cash flow risks, recommending practical mitigation measures.

Support value engineering initiatives and maintain updated project funding forecasts throughout the development lifecycle.

Project Financing and Capital Management

Evaluate and coordinate development financing arrangements, including development loans, bridging facilities and joint venture funding structures.

Prepare financial projections and supporting information for loan applications, refinancing and funding reviews.

Monitor loan drawdowns, repayment profiles, interest capitalisation, financing costs and covenant compliance.

Assess project funding requirements and investment returns against established hurdle rates.

Commercial Decision Support

Provide financial input on pricing, discounts, launch timing, development phasing and capital deployment.

Prepare investment papers, financial analysis and presentations for senior management and investment committees.

Work closely with Project Directors and Development Managers to assess the financial implications of project decisions.

Challenge assumptions, identify commercial risks and recommend actions to protect project profitability and returns.

Stakeholder Collaboration

Collaborate with development, project management, sales and marketing, construction and finance teams.

Liaise with bankers, valuers, consultants, external advisers and auditors on project financial matters.

Translate complex financial information into clear, practical recommendations for non-finance stakeholders.

Requirements

Essential Capabilities

Demonstrable experience in property development, particularly high-rise residential projects.

End-to-end exposure to the property development lifecycle, including feasibility, financing, construction, sales and completion.

Strong technical financial modelling skills, with the ability to independently build and update complex Excel models.

Solid understanding of residential development revenue, construction costs, project cash flow and development financing.

Ability to assess project feasibility, evaluate assumptions, conduct scenario analysis and interpret investment returns.

Commercially minded, analytical and comfortable challenging assumptions and presenting recommendations to senior stakeholders.

Preferred Qualifications and Experience

Degree in Finance, Accounting, Economics or a related discipline.

Professional qualifications such as ACCA, CPA, CFA or an MBA would be advantageous.

Approximately 10-12 years of relevant finance, commercial analysis, investment analysis or property development experience is preferred.

Experience in real estate development, investment analysis or property-focused banking would be beneficial.

Familiarity with residential revenue recognition, progressive billing, construction cost management and interest capitalisation.

Strong stakeholder management skills and the ability to work independently in a fast-moving project environment.

Technical Skills

Advanced Microsoft Excel and financial modelling.

Property development feasibility and investment analysis.

Residential sales revenue and progressive billing projections.

Development cost forecasting and cash flow modelling.

Project financing, debt drawdowns and interest capitalisation.

IRR, NPV, ROE, profitability and sensitivity analysis.

Budget monitoring, variance analysis and funding forecasts.

Personal Attributes

Hands-on and detail-oriented, with strong ownership of financial models.

Commercially practical and capable of translating analysis into business recommendations.

Confident engaging with senior management and cross-functional stakeholders.

Able to work independently, manage competing priorities and maintain modelling accuracy.