Assistant Manager - Finance

We are looking for a motivated and analytical Assistant Manager to join our Finance team. The successful candidate will be responsible for managing and coordinating various finance activities, including financial reporting, budgeting, forecasting, financial analysis and project cost monitoring. The role will work closely with internal stakeholders and business units to ensure effective financial management and provide meaningful financial insights to support business decisions.

Financial Reporting & Analysis
• Prepare and review monthly management accounts, financial reports and supporting schedules to ensure accuracy and timely submission.
• Perform financial analysis and review actual performance against budget, forecast and prior periods.
• Identify significant financial variances, trends and potential risks, and provide explanations and recommendations to Management.
• Prepare periodic financial reports, forecasts and ad-hoc financial analysis as required.

Budgeting, Planning & Forecasting
• Coordinate and prepare annual budgets, business plans and financial projections.
• Consolidate budget inputs and assumptions from various departments and business units.
• Monitor financial performance against approved budgets and forecasts, highlighting significant deviations.
• Assist in financial modelling, scenario analysis and long-term financial planning.

Property Development Finance
• Monitor property development revenue and cost recognition, including percentage-of-completion (POC) progress and related accounting adjustments.
• Review project development costs, commitments, accruals and cost-to-complete projections.
• Monitor project profitability, development margins and overall financial performance.
• Work closely with project, sales, procurement and other operational departments to monitor project financial matters.
• Assist in financial feasibility studies and evaluation of proposed developments and business initiatives.

Cash Flow & Treasury Management
• Prepare and monitor cash flow forecasts and funding requirements.
• Coordinate with Group Treasury on financing arrangements, intercompany balances, loans and related financial matters.
• Monitor bank balances, financing utilisation and cash flow movements.
• Coordinate payment planning and funding requirements with relevant departments.

Receivables & Financial Monitoring
• Monitor project billings, collections, outstanding receivables and Housing Development Account (HDA) balances.
• Analyse collection performance and coordinate with relevant departments on collection progress and outstanding matters.
• Provide financial updates and highlight potential cash flow or collection risks.
6. Accounting, Tax & Compliance
• Ensure proper accounting records, reconciliations, journals and financial schedules are maintained.
• Coordinate with external auditors, tax agents, bankers, Head Office and relevant statutory bodies.
• Assist in corporate tax computations and other tax-related matters.
• Ensure compliance with applicable accounting standards, tax regulations, company policies and internal control procedures.
• Support month-end and year-end closing activities.

Process Improvement & Team Coordination
• Identify opportunities to improve finance processes, reporting efficiency and internal controls.
• Support the implementation and effective utilisation of finance systems and tools.
• Coordinate finance deliverables and provide guidance to junior team members where required.
• Perform other finance-related duties as assigned by Management.

Bachelor's Degree in Accounting, Finance or a related discipline, or a recognised professional accounting qualification.

• Professional membership with MIA or equivalent accounting bodies will be an advantage.
• Good understanding of financial reporting standards, management accounting and financial controls.
• Strong knowledge of budgeting, forecasting, financial analysis and cash flow management.
• Proficient in Microsoft Excel and financial systems. SAP experience will be an added advantage.
• Strong analytical, problem-solving and organisational skills.
• Good communication and stakeholder management skills, with the ability to work effectively across different departments.
• Able to work independently, manage multiple priorities and meet tight reporting deadlines.

4-7 years relevant working experience in finance and accounting, preferably within the property development or construction industry

Damansara Jaya