Complex Finance Manager/Senior Manager
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 August 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
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
- 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
- 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
- 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
- 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
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