Finance Manager (Property Development)

Key Responsibilities

• Manage the full spectrum of finance and accounting functions assigned to the role, including month-end and year-end closing, financial reporting and maintenance of accounting records.
• Ensure compliance with applicable accounting standards, statutory requirements, audit, tax and corporate governance matters.
• Ensure proper accounting controls and financial systems are maintained accurately, up to date and in accordance with company policies and accounting standards.
• Ensure a full set of accounting records and monthly accounts are prepared accurately and on a timely basis.
• Prepare monthly management accounts, financial reports, budgets and forecasts for Management review.
• Analyse monthly financial statements and provide financial insights and recommendations to Management.
• Prepare and manage annual budgets, forecasts, cash flow projections and cost impact analysis.
• Monitor the financial performance and profitability of property development projects, including project budgets, development costs, commitments and cost-to-complete.
• Prepare and monitor project cash flow forecasts, working capital requirements and other project-related financial commitments.
• Review purchase requisitions to ensure compliance with approved capital expenditure and operating expense budgets.
• Check and verify payments, including cheques, e-banking and petty cash, to ensure payments are properly authorised and in compliance with SOPs and approved limits.
• Formulate, implement and monitor effective internal control policies and procedures.
• Monitor property-related receivables, collections and financial commitments where applicable.
• Liaise with external auditors, tax agents, bankers and other professional advisors on finance-related matters.
• Prepare financial and management reports or analysis as and when required.
• Resolve finance-related issues and ensure smooth day-to-day operations of the assigned finance functions.
• Supervise and provide guidance to finance team members to ensure efficient and timely completion of their duties.
• Perform any other ad hoc duties and assignments as and when required by Management.

Job Requirements

• Candidate must possess at least a Bachelor’s Degree in Accounting, Finance or a related discipline.
• Professional qualification such as ACCA, CIMA, MICPA, CPA or equivalent is an advantage.
• Minimum 5–8 years of relevant experience, preferably with experience in property development, real estate or construction.
• Strong knowledge of financial reporting, accounting, budgeting, taxation, cash flow management and internal controls.
• Experience in managing a full set of accounts is essential.
• Experience in property development accounting is an added advantage.
• Familiar with IFCA System (for Property Management) is an added advantage.
• Strong analytical, problem-solving and organisational skills.
• Able to multitask, prioritise work and meet tight deadlines.
• Good communication and interpersonal skills with the ability to work effectively with Management and other departments.
• Detail-oriented, responsible and able to work independently.