Finance Manager (Construction Industry)

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We are representing our client, a subsidiary of a public listed company, specializing in underground cable laying and overhead line installation services within the construction industry. With the current business expansion, they are looking for an experienced Finance Manager from the construction industry to lead the Finance team.

• Work location: Bukit Piatu, Melaka
• Reporting to Group Financial Controller
• No. of subordinates: 4-5

Job Purpose:

The Finance Manager is responsible for overseeing the financial operations of the company, ensuring compliance with financial regulations, and providing strategic financial guidance to support business growth. The role involves financial planning, reporting, risk management, and ensuring proper financial controls are in place, particularly in alignment with the parent company’s requirements as a listed entity in Bursa Malaysia.

Key Responsibilities:

• Oversee the preparation of financial statements, management reports, and budgets.
• Ensure timely and accurate financial reporting in compliance with Bursa Malaysia listing requirements, Malaysian Financial Reporting Standards (MFRS), and regulatory guidelines.
• Monitor financial performance, analyze variances, and provide recommendations for cost optimization and profitability improvement.
• Manage cash flow, forecasting, and working capital to ensure financial stability.
• Develop and maintain internal controls to safeguard company assets and financial integrity.

Budgeting & Cost Control:

• Lead the annual budgeting process, including cost estimation and financial planning.
• Monitor and control project costs, ensuring compliance with approved budgets and project financial projections.
• Collaborate with project managers and procurement teams to manage cost efficiency.

Compliance & Risk Management:

• Ensure compliance with all statutory and tax regulations, including SST, withholding tax, and corporate tax obligations.
• Liaise with auditors, tax authorities, and regulatory bodies to facilitate audits and compliance reviews.
• Assess financial risks and implement mitigation strategies to safeguard company finances.
• Maintain corporate governance practices in accordance with the parent company’s requirements.

Stakeholder & Financial Strategy Management:

• Provide financial insights and recommendations to senior management for business growth and operational efficiency.
• Work closely with banks and financial institutions to manage financing arrangements, including loans, guarantees, and project financing.
• Assist in investment appraisals, mergers & acquisitions, and financial due diligence activities.
• Liaise with the parent company’s finance team to ensure financial alignment with group policies and reporting structures.

System & Process Improvement:

• Implement financial systems and ERP solutions to enhance reporting accuracy and efficiency.
• Continuously improve accounting policies, procedures, and financial processes to support business scalability.

Requirements:

• Bachelor’s degree in Finance, Accounting, or a related field. CPA, ACCA, or equivalent professional qualification is an advantage.
• Minimum of 5-7 years of experience in finance, with experience in a managerial role within the construction industry.
• Strong knowledge of Malaysian tax laws, MFRS, and construction industry financial management.
• Ability to communicate in Mandarin due to the requirement to liaise with Mandarin-speaking suppliers.
• Experience in managing project financing, contract accounting, and cost control in construction projects.
• Proficiency in accounting software and ERP systems (SAP, Oracle, or equivalent).
• Excellent analytical, problem-solving, and leadership skills.
• Ability to work in a fast-paced environment and manage multiple projects simultaneously.
• Strong interpersonal and communication skills for effective collaboration with internal and external stakeholders.

Interested and qualified candidates may apply online or email your updated resume to adelene@talentrecruit.com.my

Only shortlisted candidates will be notified.