Accounting Manager

Working location

No. 42-46, Ground Floor, Jalan SS 19/1d, Ss 19, 47500 Subang Jaya, Selangor

Job Summary

The Accounting Manager will oversee all accounting functions for our co-living properties, ensuring financial accuracy, regulatory compliance, and efficient financial operations. This role is integral to maintaining the financial health of the business by managing budgets, analyzing financial data, and supporting decision-making processes. The ideal candidate is detail-oriented, proactive, and knowledgeable about property management accounting in the co-living or real estate

Key Responsibilities:

Financial Management & Reporting:

• Prepare and analyze monthly, quarterly, and annual financial statements, ensuring timely and accurate reporting.
• Monitor financial performance and provide insights on variances, recommending corrective actions as needed.
• Develop and manage budgets for each property, tracking expenses and ensuring financial targets are met.

Accounts Payable and Receivable:

• Oversee accounts payable and receivable processes, ensuring timely billing, collections, and payments.
• Reconcile tenant accounts and manage resident billing issues, coordinating closely with the account management and operations teams.
• Ensure accurate invoicing and payment processing for vendor contracts, utility bills, and other property-related expenses.

Cash Flow and Forecasting:

• Manage cash flow, ensuring sufficient funds are available for operational and capital needs.
• Prepare cash flow forecasts to support property management and strategic planning.
• Monitor rent rolls, occupancy rates, and other key financial metrics, providing insights into financial trends.

Compliance & Internal Controls:

• Ensure compliance with accounting standards, tax regulations, and property management laws.
• Develop and maintain internal controls to safeguard company assets and ensure the accuracy of financial records.
• Collaborate with external auditors and tax advisors, managing annual audits and tax filings.

Budgeting & Financial Analysis:

• Lead the budgeting process, working closely with department heads to develop annual budgets and financial projections.
• Conduct financial analysis and modeling to support decision-making on property improvements, new investments, and other business initiatives.
• Track and report on financial KPIs relevant to the co-living industry, including occupancy rates, resident retention, and operational costs.

Team Leadership and Development:

• Manage and mentor accounting team members, providing guidance and support for their professional development.
• Oversee training programs to improve team efficiency and compliance with financial procedures.
• Foster a collaborative environment, working closely with property management, operations, and other teams.

Requirements:

• Bachelor’s degree in Accounting, Finance, or related field (CPA or equivalent certification is a plus).
• 5+ years of accounting experience, with at least 2 years in a managerial role within the real estate or property management industry.
• Strong knowledge of accounting principles, financial reporting, and regulatory compliance in the real estate or co-living sector.
• Proficiency in accounting software , google tool and Microsoft Excel.
• Exceptional analytical, problem-solving, and organizational skills.
• Strong interpersonal and communication skills to work effectively across departments.

Job Types: Full-time, Permanent

Pay: RM4,000.00 - RM8,000.00 per month

Benefits:

• Additional leave
• Free parking
• Health insurance
• Maternity leave
• Opportunities for promotion
• Professional development

Schedule:

• Monday to Friday

Education:

• Bachelor's (Preferred)

Experience:

• Accounting: 7 years (Preferred)
• Managerial Role: 2 years (Preferred)