Berjaya Corporation Bhd

Berjaya Land Berhad, Lead the annual budgeting process for each mall and office/apartment complex consolidating into a Group‑wide budget aligned with strategic objectives.
LATEST JOBS
Complex Finance Manager/Senior Manager
Closing Date: 5 July 2025
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
a) 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
b) 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
c) 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
d) 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
e) 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.
For interested applicants, please email your updated CV to work@berjaya.com.my