Kerja Sepenuh Masa, Finance Manager di Ancubic Federal Territory - Maukerja

About the Role

Join Ancubic Group, a fast-growing property developer with an expanding portfolio of residential, commercial, hospitality, and mixed-use developments.

Reporting directly to the Head of Finance, this role offers the opportunity to lead strategic finance, treasury, project financing, and corporate finance initiatives while partnering closely with senior management to drive business growth.

This is an excellent opportunity for finance professionals seeking exposure beyond traditional accounting into treasury, funding strategy, investment analysis, and business partnering.

Job descriptions:

Financial Management & Reporting

• Lead the preparation of monthly, quarterly, and annual financial statements in compliance with MFRS and relevant statutory requirements.
• Lead the management of the Group's cash flow, liquidity, working capital, treasury operations, and project financing requirements to ensure sufficient funding for ongoing operations and development projects.
• Prepare and maintain rolling weekly, monthly, and five-year consolidated cash flow forecasts incorporating project-level, corporate, financing, treasury, and capital expenditure cash flows to support strategic decision-making.
• Prepare and present monthly financial performance reports, treasury updates, cash flow forecasts, and strategic financial recommendations to the Board of Directors and senior management.
• Develop financial models, feasibility studies, and ROI analyses for property development projects.
• Evaluate investment proposals, land acquisitions, joint venture opportunities, and capital expenditure using financial modelling, IRR, NPV, ROI, and sensitivity analysis.
• Partner with business units, project teams, and senior management to provide financial insights and strategic recommendations that support commercial and operational decision-making.
• Review procurement costs, construction contracts, and major capital expenditure to ensure financial prudence and maximise project profitability.
• Develop and monitor key financial and operational KPIs and recommend improvement initiatives to enhance business performance.
• Support strategic corporate initiatives, including IPO readiness, business expansion, mergers and acquisitions (M&A), joint ventures, capital raising, and other corporate exercises as assigned by Management.

Budgeting & Forecasting

• Prepare and monitor annual budgets, forecasts, and long-term financial plans.
• Track project costs vs. budget to ensure profitability and proper cost allocation.
• Conduct variance analysis and recommend corrective actions.

Project Finance

• Manage project financing arrangements, bridging loans, and progress claims.
• Develop and maintain strategic relationships with banks, financial institutions, auditors, tax agents, legal advisers, and regulatory authorities to support financing, treasury, and corporate finance activities.
• Oversee project collection, billing schedules, and compliance with Housing Development Act (HDA) requirements and bank covenant.

Treasury Management

• Lead the Group's treasury function, including daily cash management, liquidity planning, and optimisation of working capital to support operational and project funding requirements.
• Monitor and manage the Group's cash position to ensure adequate liquidity for project development, operational expenditure, loan servicing, and strategic investments.
• Develop and implement treasury strategies to optimise cash utilisation, minimise financing costs, and maximise investment returns on surplus funds.
• Manage banking relationships, including the negotiation of banking facilities, credit lines, term loans, overdrafts, revolving credit facilities, guarantees, and trade finance instruments.
• Develop and maintain strategic banking relationships, negotiate financing terms, optimise banking facilities, and identify opportunities to improve funding structures and financing costs.
• Coordinate project drawdowns, loan utilisation, progressive releases, refinancing exercises, and repayment schedules with financial institutions.
• Monitor compliance with banking covenants, financing agreements, and lender reporting requirements.
• Prepare and review weekly and monthly treasury reports, cash flow projections, funding requirements, and liquidity analyses for Management and the Board of Directors.
• Evaluate and recommend suitable financing structures and funding options for new development projects, land acquisitions, joint ventures, and corporate investments.
• Monitor foreign exchange exposure, interest rate risks, and other financial risks where applicable, and recommend appropriate risk mitigation strategies.
• Review and authorise treasury-related transactions, including bank payments, fund transfers, fixed deposits, and investment placements, in accordance with the Company's Delegation of Authority (DOA).
• Ensure effective controls over all treasury operations, banking administration, authorised signatories, and electronic banking platforms.
• Support strategic corporate finance initiatives, including mergers and acquisitions (M&A), joint ventures, land acquisitions, investment evaluations, capital raising, business expansion, and IPO readiness programmes where required.

Internal Controls & Compliance

• Ensure compliance with Bursa, SSM, LHDN, and other regulatory bodies.
• Work closely with tax consultants to ensure effective tax planning, tax compliance, and optimisation of the Group's tax position.
• Review and improve accounting policies and SOPs.
• Identify financial, operational, treasury, and project-related risks and recommend appropriate mitigation strategies to safeguard the Company's assets and financial position.

Digital Transformation / ERP

• Drive finance digitalisation initiatives, including ERP enhancement, automation, business intelligence (Power BI), AI-assisted reporting tools, and process optimisation to improve operational efficiency.

Team Leadership

• Lead, coach, mentor, and develop the Finance team by fostering a high-performance culture focused on accountability, continuous improvement, collaboration, and professional development. Coordinate with project, procurement, and contract teams to align financial strategies.
• Performs other duties, assignments, obligations, etc., as may be assigned by the Company that fits your skills and experience.
• The list of Job Description is by no means exhaustive and may be added and/or amended from time to time.

Education/ Professional Qualification

• Bachelor’s Degree in Accounting, Finance, or related discipline.
• Professional accounting qualification (e.g., ACCA, CPA, CIMA, ICAEW, or equivalent) is an added advantage.
• Minimum 6–8 years of working experience in finance and accounting, with at least 3 years in a managerial/supervisory role.
• Proven track record in the property development and/or construction industry is required.
• Experience in project financing, cash flow management, feasibility studies, and property-related financial compliance (HDA, end-financing, project loans, etc.).
• Strong leadership and people management skills to lead a finance team.
• Excellent communication and presentation skills for liaising with management, bankers, auditors, and tax agent.
• Analytical and strategic thinking with the ability to support business decisions.
• High level of integrity, accuracy, and attention to detail.
• Strong knowledge of Malaysian Financial Reporting Standards (MFRS), tax regulations, and statutory requirements.
• Hands-on experience in budgeting, forecasting, cash flow management, and cost control.
• Familiar with Property Development accounting, progress claims, and project cash flow management.
• Proficient in accounting software (e.g., IFCA, MHW or equivalent) and Microsoft Excel/PowerPoint/Advanced Excel, Financial Modelling, Cash Flow Forecasting, Treasury Management, IFRS16 knowledge
• Ability to work under pressure and meet tight deadlines.