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Finance & Accounts Manager

Salary undisclosed

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We're an award-winning retail developer specializing in creating lifestyle malls catering to everyone from urban youths to families. Each of our malls is designed with a one-stop concept, featuring great shopping, sumptuous dining and family entertainment, all in one place. This concept has been a great success. Our malls are visited by both locals and tourists alike, and are constantly ranked amongst Malaysia's best. If you are a highly committed, motivated and dedicated individual with high level of integrity, you are invited to join us and be part of our team as the position stated above.

Role Description:

This role will be a full spectrum of finance and accounting support, work closely with the property managers and service providers.

The Manager is responsible for providing with accurate and timely finance and accounting support in line with their ongoing business needs, and for maintaining compliance with relevant statutory requirements.

Key Responsibilities:

Accounting, Financial Reporting and Analysis, Auditing:

  • Review of journal entries, accruals, and account reconciliations
  • Review monthly, quarterly, and annual financial statements, ensure all financial reports are accurate
  • Conduct financial analysis and performance evaluations of properties, including profitability, occupancy rates, lease renewals, and return on investment; Provide recommendations to optimize property financial performance
  • Strengthening current internal controls, compliance and process improvements
  • Coordinate with auditors on statutory audits
  • Monitor respective bank loan covenants compliance

Accounts Payable and Receivable:

  • Oversee the accounts payable and receivable functions for properties, ensuring timely and accurate processing of invoices, rent receipts, and vendor payments
  • Conduct periodic reconciliations and resolve any discrepancies in conjunction with the third party property managers

Budgeting and Forecasting:

  • Collaborate with property managers to develop annual operating budgets and cash flow forecasts
  • Monitor budget performance and provide insightful analysis on quarterly and annual variances
  • Prepare quarterly fund requests based on cash flow forecasts

Lease Administration:

  • Work closely with property managers to ensure accurate billing and collection of tenant receivables

Tax Compliance:

  • Work closely with tax agents and ensure compliance with tax laws and regulations, Corporate Income Tax, etc.

Qualifications / Skillset:

  • Bachelor's Degree in Accounting, Finance, or CPA/ACCA/CIMA qualification or equivalent
  • Minimum of 3 years of experience in property management accounting or real estate accounting, preferably in real estate private equity, REIT
  • Strong knowledge of Accounting Standard
  • Proficient in property management system is an asset
  • Excellent analytical skills and the ability to interpret financial data accurately
  • Strong attention to detail and ability to work with large volumes of data
  • Effective communication skills to collaborate with internal teams, property managers, clients and external stakeholders
  • Ability to prioritize tasks, work independently, and meet deadlines in a fast-paced environment
  • Team player with superior multi-tasking capability who can work independently towards calendar deadlines and is not afraid to look for solutions
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