Financial Manager Consolidation

JOB RESPONSIBILITIES:

1. Group Financial Consolidation & Reporting

• Oversee monthly, quarterly, and annual consolidation of financial statements for all subsidiaries, including international entities and project-specific joint ventures.
• Ensure compliance with IFRS and local GAAP, including construction-specific standards
• Manage foreign currency translation, intercompany eliminations, and cross-border adjustments.
• Manage and ensure compliance with global transfer pricing regulations

2. Project Accounting & Cost Management

• Monitor project-level financials including WIP (Work-in-Progress), cost-to-complete analysis, and revenue recognition based on project milestones.
• Ensure accurate treatment of retention sums, performance guarantees, and project-specific accruals.

3. Budgeting, Forecasting & Cash Flow

• Lead annual budgeting and forecasting across all subsidiaries, ensuring alignment with project timelines and funding needs.
• Track group-wide cash flow, especially for capital-intensive projects and overseas operations.

4. Compliance, Audit & Risk

• Ensure tax compliance across jurisdictions (including withholding tax, VAT/GST, etc.).
• Strengthen internal controls related to procurement, subcontractor payments, and inventory usage at project sites.

5. System & Process Improvement

• Implement and enhance financial reporting systems, with a focus on project accounting integration
• Drive automation of cost tracking, intercompany reporting, and consolidation.
• Develop and enforce group-wide accounting policies and SOPs, especially for overseas subsidiaries and JV structures.

6. Leadership & Coordination

• Lead and mentor the accounts teams across subsidiaries, ensuring consistent application of group policies.
• Act as a key liaison between finance, project management, commercial, and corporate teams especially with banks financing our project
• Participate in coordinating group-wide audit processes, including statutory audits and project-specific reviews.
• Continuous improvement areas - Strengthen internal controls related to procurement, subcontractor payments, and inventory usage at project sites

JOB REQUIREMENTS:

Education

• Bachelor's degree in Accounting, Finance, or a related field.
• Professional certifications such as CPA or ACCA are strongly preferred.

Experience:

• 5–8 years of progressive experience in accounting and finance.
• Proven track record in financial consolidation across multiple entities and overseas subsidiaries, including intercompany eliminations and foreign currency translations.
• Hands-on experience in construction and engineering sectors, with specific exposure to project finance.
• Demonstrated ability to manage financial risks related to construction contracts (e.g., variation orders, retention sums, and claims).
• Experience managing financial reporting for overseas subsidiaries and joint ventures.
• Familiarity with multi-jurisdictional tax compliance and regulatory environments, especially for cross-border construction projects.
• Experience working in fast-paced, capital-intensive environments with complex contractual arrangements.

Technical & Industry Knowledge:

• Strong knowledge of construction-related accounting standards, including WIP reporting and long-term contract accounting.
• Solid understanding of tax and regulatory compliance in multiple jurisdictions related to international construction projects.
• Experience with ERP systems implementation or usage is a plus.
• Exposure to using Microsoft Copilot or AI tools for improving process flows is an added advantage.

Leadership & Interpersonal Skills:

• Strong leadership, analytical, and communication skills.
• Ability to collaborate effectively with project, commercial, and site teams.
• Proven capability to lead cross-functional teams across multiple locations and diverse cultural contexts.

Job Types: Full-time, Permanent

Pay: RM15, RM18,000.00 per month

Benefits:

• Dental insurance
• Health insurance
• Opportunities for promotion
• Professional development

Work Location: In person