Complex Finance Manager/Senior Manager

Key Responsibilities

Financial Planning & Analysis

• Lead the annual budgeting process for each mall and office/apartment complex consolidating into a Group‑wide budget aligned with strategic objectives.
• Prepare and update monthly/quarterly forecasts based on occupancy, leasing activity, operating expenses, and CAPEX trends.
• Perform variance analysis and present actionable insights and corrective plans to senior management.

Financial Reporting & Compliance

• Oversee preparation of timely, accurate financial statements (P&L, balance sheet, cash flow) under MFRS, consolidating across entities.
• Manage year‑end external audits, ensuring compliance with Companies Act 2016 and MFRS disclosure requirements.
• Monitor changes in accounting standards (e.g., MFRS 16 Leases) and implement necessary system and process updates.

Treasury & Cash Management

• Optimize Group cash flows and intercompany funding, managing banking relationships with local institutions.
• Oversee receivables (rental income, Common Area Maintenance charges) and payables, ensuring on‑time collections and vendor payments.

Lease & Revenue Management

• Partner with leasing teams to model rent escalations, incentives, and recoveries, translating lease schedules into revenue forecasts.
• Monitor occupancy, tenant mix, and market rent trends to maximize net operating income (NOI).

Cost Control & Expense Management

• Implement Group‑wide cost‑control initiatives and benchmarking for service contracts (security, maintenance, utilities).
• Review and renegotiate major vendor contracts to optimize spend.

Systems & Process Improvement

• Drive enhancements in ERP and reporting systems to automate processes and improve data integrity.
• Standardize financial processes and internal controls across all properties.

Stakeholder Engagement

• Act as finance business partner to Complex Managers, guiding operating capital, and development expenditures decisions.
• Liaise with tax advisors, company secretaries, and regulators on financial and statutory matters.

Tax Management & Compliance

Corporate Income Tax & Deferred Tax

• Prepare and review corporate tax computations, ensuring accurate current and deferred tax provisioning under MFRS 112.
• Oversee timely filing of Form C returns and payment of corporate tax per LHDN deadlines, including instalment calculations.
• Coordinate with external tax agents and auditors on tax audits and enquiries, managing responses within audit frameworks  .

Sales & Service Tax (SST)

• Manage SST registration for all entities, ensure correct classification of taxable, exempt, and zero‑rated supplies.
• Oversee preparation and filing of SST returns (monthly/quarterly) and reconciliation of input tax claims.
  
  Liaise with Royal Malaysian Customs on SST compliance issues and audits  .

Transfer Pricing

• Ensure compliance with the Arm's Length Principle under the Income Tax Act and LHDN's Transfer Pricing Guidelines 2024.
• Coordinate preparation and maintenance of contemporaneous transfer pricing documentation (master file, local file) and update as per IRBM requirements.
• Monitor transfer pricing audit frameworks and manage TPTAF processes and appeals  .

Payroll & Withholding Taxes

• Oversee Monthly Tax Deduction (MTD/PCB) computations and remittances for employees, ensuring filings of CP39, CP22A/B, and CP21 notifications.
• Coordinate EPF, SOCSO, and EIS contributions in collaboration with HR, ensuring compliance with statutory deadlines  .

Tax Audit & Risk Management

• Implement the Tax Corporate Governance Framework, defining roles, policies, and controls for tax risk identification and mitigation.
• Monitor director liabilities under the Income Tax Act (e.g., section 75A), ensuring management understands personal exposure.
• Oversee tax controversy management, including appeals to the Special Commissioners of Income Tax and tax tribunals

Qualifications & Experience

• Bachelor's degree in Accounting, Finance, or related field; CPA, ACCA, or CA preferred.
• Minimum 8 years' progressive (increasing levels of responsibility) finance experience, with at least 3 years in real estate or multi‑property finance within Malaysia.
• Deep knowledge of MFRS/IFRS, Malaysian tax laws (Income Tax Act 1967, SST Act 2018), and regulatory requirements.
• Proven track record managing budgets and leading small finance teams.

Skills & Competencies

• Analytical & Strategic Thinking : Translate complex tax and financial data into clear, strategic insights.
• Technical Proficiency: Advanced Excel skills, financial modelling, and hands‑on experience with IFCA, or similar ERPs.
• Communication & Leadership: Excellent report writing and presentation skills; ability to mentor and develop team members.
• Attention to Detail & Controls: Strong focus on accuracy, internal controls, and process compliance.