Assistant Manager, Finance
2 weeks ago
**Role Description**:
This role will be a full spectrum of finance and accounting support, work closely with the property managers and service providers.
The Assistant 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
- Strong leadership skills and a team player with superior multi-tasking capability who can work independently towards calendar deadlines and is not afraid to look for solutions
**Job Types**: Full-time, Permanent
Pay: RM5,000.00 - RM7,000.00 per month
**Benefits**:
- Health insurance
- Maternity leave
- Opportunities for promotion
- Parental leave
- Professional development
Schedule:
- Monday to Friday
Supplemental Pay:
- Overtime pay
- Performance bonus
**Education**:
- Diploma/Advanced Diploma (preferred)
Work Location: In person
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