Financial Controller (Real Estate - KL Based)

TRI-CAP CONSULTING PTE. LTD.; Singapore; On-site; MYR 120,000 - 180,000; Full time

Job summary

A leading company in construction consulting is looking for a strategic and hands-on Financial Controller to manage financial operations in Kuala Lumpur. This role involves developing financial strategies, overseeing budgets, and reporting while ensuring compliance with relevant regulations. You will lead a finance team, drive cost control measures and negotiate financial terms, requiring significant industry experience and a recognized accounting qualification.

Qualifications

• Minimum 8–10 years of leadership experience, preferably in the construction or project-based industries.
• Strong understanding of WIP (Work-in-Progress) accounting and cost control.
• Excellent leadership, analytical, and communication skills.

Responsibilities

• Develop and implement financial strategies aligned with company goals.
• Lead the preparation of annual budgets and forecasts.
• Prepare management reports and ensure timely closure of monthly accounts.

Skills

Analytical

Leadership

Communication

Education

Recognised degree in Business / Accounting

CPA / CA / ACCA qualified

Job description

We are seeking for a strategic and hands-on Financial Controller to lead the financial management of our client's construction arm as part of the Group businesses. This role is located in Kuala Lumpur, Malaysia.

Strategic Financial Leadership:

• Develop and implement financial strategies aligned with company goals.
• Serve as a key advisor to the Managing Director and executive team on
  financial planning, risk management, and cash flow management.
• Participate in strategic decision-making, including business expansion and
  capital investments.

Budgeting & Forecasting:

• Lead the preparation of annual budgets, and forecasts supported by good understanding of the economics of Malaysia, including the growth in the Malaysian GDP and construction industry, foreign investments and interest rate environment.

Financial Reporting:

• Prepare management reports highlighting business performance, including risk and opportunities, financial performance comparing actual performance against prior year and budget and evaluating the cash flow position.
• Ensure timely preparation and closure of monthly accounts and submission to HQ for consolidation.
• Prepare and finalise audited accounts according to accounting standards for statutory reporting and ensure filing of accounts are timely.

Project Financial Oversight

• Collaborate with project managers to monitor and control project budgets, cost-to-complete, and profitability.
• Evaluate and highlight project risks and financial exposure; implement controls to monitor and mitigate them.
• Review and approve large contracts, subcontractor payments, and capital expenditures.

Treasury

• Manage cash flow and working capital to ensure the company meets its operational and project-based financial needs.
• Negotiate with Banks for financing facilities to support Invoice financing, BG and LC and deferred payment.
• Optimise interest by ensuring cash are placed in fixed deposits in optimal tenor and in consideration of utilisation.
• Ensure excess cash are used to reduce bank loans, shareholders loans or repatriated as dividends to parent company.
• Negotiate favourable credit terms with clients and subcontractor, suppliers and vendors.

Financial Operations

• Oversee all financial operations including managing the processes for Purchase Order, Billings, Collections, Payments, and payroll, by ensuring the operations are efficient, timely and internal controls are not compromised
• Work with vendor of financial system to improve on efficiency and productivity by automating work processes.

Taxation

• Ensure timely submission of forecasts of taxable income for tax payments.
• Work with tax agents to comply with tax filing deadline and all applicable tax laws and ensure tax liabilities are minimized by taking advantage of available deductions, credits, and exemptions while staying within the legal framework.

Corporate Governance

• Ensure compliance with relevant construction accounting standards, tax laws, and regulatory requirements.
• Ensure all company policies and control processes are adhered to and recommend improvements on internal controls.
• Follow up with internal control process recommended by Internal and External auditors.

Team Leadership

• Build and lead a high-performing finance team.
• Foster a culture of continuous improvement and financial accountability throughout the organization.

You are required to have

• A recognised degree in Business / Accounting with CPA / CA / ACCA qualified
• Minimum 8–10 years of leadership experience, preferably in the construction or project-based industries.
• Strong understanding of WIP (Work-in-Progress) accounting and cost control.
• Excellent leadership, analytical, and communication skills.

Preferred Attributes:

• Ability to thrive in a fast-paced, deadline-driven environment.
• Strategic thinker with a hands-on approach to solving problems.
• Long term aspiration to grow with the company.

All applications will be treated in the strictest confidence. Personal data provided will be used for recruitment purposes only.

Please apply with your CV in word document format. We regret to inform that only shortlisted candidates will be notified. For other positions related to real estate, please go to https://careers.tri-cap.com.sg/.

EA Licence: 24S2282

EA Personnel: R1107990