Manager, Finance

2 weeks ago


Kuala Lumpur, Malaysia MyTOWN Shopping Centre Full time

Company Description

MyTOWN Shopping Centre is a super-regional shopping centre for friends and family on the fringes of the Central Business District of Kuala Lumpur. The shopping centre is a one-stop destination for shopping, dining and entertainment with more than 400 stores. Anchored by IKEA, MyTOWN Shopping Centre is set to deliver a fantastic customer experience with a vibrant mix of retailers.

**Job Description**:
**PURPOSE OF THE JOB**

To lead finance division in the daily operations, review and identify areas for cost reductions and operational improvements, annual budget process, periodic forecasting, and periodic analysis of Company performance.

To train, motivate and develop own team to achieve Company and department objectives and goal.

**RESPONSIBILITIES OF THE JOB**
- Review monthly analysis of Financial Reports against prior year and budget, providing explanations and financial highlights that will enable management to determine progress against budgets.
- Review forecast profit and loss,cash flow positions, capex, related borrowing needs, and available funds for investment and ensure that sufficient funds are available to meet ongoing operational and capital investment requirement.
- Communicate with departments to ensure both spending in profit and loss and capex are executed on a timely manner. Any large variances should be communicated to department as well.
- Identify, investigate, and analyse potential operational improvement. As appropriate, based on findings make proposal for operational changes (policy, procedures, processes, etc.).
- Ensure smooth process flow, optimize AR days and monitor, collect market intelligence to keep bad debts at mínimal/0%.
- Co-ordinate on any finance, management and credit control meetings involving shareholders.
- To review and monitor tenants aging profile, recommend immediate action plan and obtain credit control members endorsement.
- Liaise with legal personnel to ensure action plan communicated to manage and mitigate risk of tenants owing huge balances.
- Oversee procurement processes which includes cost evaluations, approvals received timely from Vendor Selection Committee and Management Committee and ensure new and renewals of contract signed on a timely manner.
- Oversee and manage yearly external audit process, corporate and deferred taxation and ensure compliance with local regulation, statutory requirements, JV partners group policies and procedures.
- Manage accounts payable process to ensure payment to vendor is made within company’s credit terms.
- Any ad-hoc task as and when required by Head of Finance/Center Manager or shareholders.

**Qualifications**:
**REQUIREMENT FOR THE JOB**

**Qualifications**
- Bachelor’s Degree in Accounting or any related discipline, with partial professional qualification of ACCA, CPA, CA, MIA, CIA or equivalent.
- Partial professional qualification of ACCA, CPA, CA, MIA, CIA or equivalent.
- Minimum 5 years’ experience in similar capacity.

**Motivation**
- Passionate about growing business and people together
- Enjoy meeting tenants and negotiate with tenants by providing effective solutions
- Strong sense of achievement in change management
- Constant smooth finance operation, credit control and continuous process improvement
- Making sure company has sufficient capital/cash flow to meet operational cost and business continuity
- Strong sense of planning and organizing

**Knowledge**
- Accounting Standards
- Yardi Accounting System
- Balance Sheet
- Income Statement
- Cash Flow Management
- Budget & Forecast Planning & Analysis
- Credit Control Management
- Taxation
- Process Improvement
- Retail Management

**Capabilities**
- Communication
- Analytical
- Negotiation
- Problem-Solving
- Proactive
- Performance-drive
- Leadership
- Ability to work independently
- Interpersonal skills
- Critical Thinking

Additional Information



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