Client Background:

Leading industrial construction company in Singapore with significant presence in Malaysia.

Industry: Construction

Location: Selangor

Headcount: 1

Tenure: Permanent

Remuneration: Basic + Medical benefits

Responsibilities:

• Oversee an accounting team on the preparation of periodic financial statements for statutory reporting, and management reporting.
• Analyse and review the financial performance of the business comparing actual results against budget and prior year.
• Lead in the preparation of budget and forecast of the business, incorporating key business and economic drivers.
• Review project performance for project delays, liquidated damages, cost overruns, foreseeable losses, recoveries, margin deterioration and improvements.
• Review both clients’ and sub-contractors’ financial standings for their abilities to undertake contractual obligations, which will include timely payments, performance bonds issuance, and cost overruns arising from delay.
• Liaise and negotiate with financial Institutions to raise working capital funds and Bankers’ Guarantee for performance bonds, including reviewing financing terms and conditions for risk and obligations.
• Manage and forecast project cash flow requirement to ensure sufficiency, expedite collection, manage payment and initiate capital call.
• Review and identify control weakness in work processes, initiate and implement new controls and ensure controls are strictly adhere to.
• Liaise with external auditors, tax authorities and other government agencies to ensure compliance with regulatory requirements.
• Participate in any ad hoc projects assigned, including system set up, climate and sustainability reporting M&A and Due Diligence.

Requirements:

• CA or CPA qualified with at least 10 years of relevant experience; with preference for experience in construction industry.
• Proficient in local and international accounting standards including a good understanding and working knowledge of accounting for construction projects.
• Self-starter with strong communication and presentation skills.
• Hands on and comfortable working in a fast growing and entrepreneurial environment.