Manager, Finance at MyTOWN Shopping Centre

IKEA · Kuala Lumpur

Company description

MyTOWN Shopping Centre is a super-regional shopping centre for friends and family on the fringes of the Central Business District of Kuala Lumpur. The shopping centre is a one-stop destination for shopping, dining and entertainment with more than 400 stores. Anchored by IKEA, MyTOWN Shopping Centre is set to deliver a fantastic customer experience with a vibrant mix of retailers.
MyTOWN Shopping Centre is developed jointly by Boustead Holdings Berhad and Ikano Pte. Ltd. For more information, log on to http://www.mytownkl.com.my/

Job description

Responsible:

Lead and oversee full spectrum of finance operations including GL, AP and Credit Control functions
Review monthly financial closing, financial statements and variance analysis against budget and prior year
Oversee budgeting, forecasting and financial performance monitoring to support business decision-making
Monitor cash flow position, funding requirements and ensure sufficient liquidity for operational and capital needs
Oversee credit control operations including tenant aging, AR days, collection strategies and recovery actions
Review tenant aging profile and recommend action plans, including escalation to Credit Control Committee (CCC)
Liaise with legal advisors on recovery actions and manage risks relating to delinquent tenants
Lead external audit, tax compliance and regulatory reporting processes including SST and corporate tax
Drive operational improvements, system enhancements and process efficiencies across finance functions
Support management in strategic planning, financial analysis and business performance evaluation.
Develop and coach finance team members to enhance capabilities and performance

Accountable:

Accountable for the overall accuracy, integrity and completeness of financial reporting and records
Accountable for timely financial closing, reporting and compliance with accounting standards and regulatory requirements
Accountable for effective cash flow management, funding position and financial sustainability of the business
Accountable for credit control performance, including management of receivables risk and minimisation of bad debts
Accountable for the effectiveness of internal controls, audit readiness and compliance with company policies
Responsible for driving individual career development by establishing clear development plans, supporting growth opportunities, and ensuring continuous capability enhancement of team members

Contribute:

Contribute to strategic planning, financial decision-making and business performance improvement initiatives
Provide financial insights and recommendations to support management and operational decisions
Support cross-functional collaboration with Leasing, Tenant Management, Operations and other departments
Contribute to risk management strategies, including tenant risk assessment and legal action planning

Qualification

Motivation:

Strong drive to achieve financial performance and business objectives
Committed to maintaining high standards of governance and financial integrity
Passionate about developing team capabilities and improving processes
Proactive in identifying risks and driving solutions
Demonstrates resilience and accountability in managing complex financial challenges

Knowledge:

Bachelor’s degree in Accounting, Finance or related discipline with professional qualification (ACCA/CPA/CA/MIA or equivalent)
Minimum 5–8 years of relevant experience in finance, accounting, and credit control, including 2–3 years in a managerial role.
Strong understanding of financial reporting standards and accounting principles
In-depth knowledge of budgeting, forecasting and financial analysis
Knowledge of cash flow management, banking and funding structures
Strong understanding of credit control, receivable risk and tenant management
Familiarity with taxation, SST requirements and regulatory compliance
Knowledge of audit processes and internal control frameworks
Familiarity with accounting systems or ERP systems (e.g. Yardi or similar)
Understanding of retail/mall operations and tenant-based business environment

More Information

Capabilities:

Strong leadership and team management capability
Strategic thinking and ability to translate financial data into business insights
Strong analytical and problem-solving skills
Effective communication and stakeholder management skills
Ability to make sound financial decisions under pressure
Ability to identify risks and implement control improvements
Strong planning, organisation and execution capability
Ability to manage multiple priorities and deadlines
Proactive and performance driven to achieve business goals

Motivation:

Strong drive to achieve financial performance and business objectives
Committed to maintaining high standards of governance and financial integrity
Passionate about developing team capabilities and improving processes
Proactive in identifying risks and driving solutions
Demonstrates resilience and accountability in managing complex financial challenges

Knowledge:

Bachelor’s degree in Accounting, Finance or related discipline with professional qualification (ACCA/CPA/CA/MIA or equivalent)
Minimum 5–8 years of relevant experience in finance, accounting, and credit control, including 2–3 years in a managerial role.
Strong understanding of financial reporting standards and accounting principles
In-depth knowledge of budgeting, forecasting and financial analysis
Knowledge of cash flow management, banking and funding structures
Strong understanding of credit control, receivable risk and tenant management
Familiarity with taxation, SST requirements and regulatory compliance
Knowledge of audit processes and internal control frameworks
Familiarity with accounting systems or ERP systems (e.g. Yardi or similar)
Understanding of retail/mall operations and tenant-based business environment

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