Financial Manager Consolidation

Johor Bahru, M01, MY, Malaysia

Job Description

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: RM15,000.00 - RM18,000.00 per month

Benefits:

Dental insurance Health insurance Opportunities for promotion Professional development
Work Location: In person

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Job Detail

  • Job Id
    JD1245375
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Johor Bahru, M01, MY, Malaysia
  • Education
    Not mentioned