Adecco Hiring! Full Time Finance Manager (Property Development) in Federal Territory - Ricebowl

About the Role

The Finance Manager oversees full-spectrum financial operations, project costing, corporate finance, and funding facilities across ongoing and upcoming development projects. This role serves as a key strategic partner to business development and senior leadership, ensuring financial discipline, regulatory compliance, and optimal capital allocation across project entities.

Responsibilities

Financial Operations & Statutory Compliance

• Oversee month-end and year-end financial closing, ensuring full compliance with MFRS/IFRS and statutory accounting requirements.
• Manage group accounting consolidation, general ledger, and balance sheet integrity across multiple project SPVs (Special Purpose Vehicles).
• Coordinate annual financial audits and liaise with external auditors, tax agents, company secretaries, and statutory bodies.

Project Costing, Feasibility & Cash Flow Management

• Conduct financial modeling, feasibility studies, and ROI/IRR evaluation for potential land acquisitions and property joint ventures.
• Track project development expenditure, construction progress claims, variation orders, and overall Gross Development Value (GDV) / Gross Development Cost (GDC) margins.
• Direct project-level dynamic cash flow forecasting to align collections from buyer progressive billings against contractor disbursements and debt servicing.

Treasury, Financing & Banking Relations

• Secure bridging loans, land acquisition financing, and working capital facilities by preparing credit proposals and bank presentations.
• Maintain banking relationships, monitor Debt Service Coverage Ratios (DSCR), and ensure strict adherence to loan covenants.
• Monitor end-financing panel bank allocations and collaborate with solicitors and sales administration to accelerate billing collections.

FP&A, Budgeting & Strategic Planning

• Lead annual group budgeting, financial forecasting, and monthly actual vs. budget variance analysis.
• Prepare quarterly Board Papers, EXCO decks, and financial performance summaries for executive management.
• Establish internal financial controls, standard operating procedures (SOPs), and Limits of Authority (LOA) for project disbursements and procurement.

Qualifications

• Education: Bachelor’s Degree in Accounting, Finance, or equivalent field.
• Professional Qualification: ACCA, CPA, MIA, CIMA, or ICAEW membership is an added advantage.
• Experience: 6–10 years of overall finance and accounting experience, with at least 3–5 years in the Property Development sector.

If you meet the requirements and are ready for your next career move, please submit your updated resume detailing your relevant property development project experience.

Only shortlisted candidates will be notified.