Manager, Finance at MyTOWN Shopping Centre

Posted 4 Days Ago
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Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, MYS
In-Office
Senior level
Real Estate • Retail • Financial Services
The Role
Lead the full finance function, including general ledger, accounts payable, credit control, financial closing, reporting, budgeting, forecasting, cash flow, tax, audit, and regulatory compliance. Manage tenant receivables and recovery actions, strengthen controls and processes, support strategic decision-making, and provide financial insights. Lead and develop the finance team while partnering with leasing, tenant management, operations, legal advisors, auditors, and regulators.
Summary Generated by Built In
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

Qualifications

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

 

    Additional 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

    Skills Required

    • Bachelor’s degree in Accounting, Finance, or a related discipline
    • Professional qualification such as ACCA, CPA, CA, MIA, or equivalent
    • 5–8 years of relevant experience in finance, accounting, and credit control
    • 2–3 years of experience in a managerial role
    • Strong understanding of financial reporting standards and accounting principles
    • Knowledge of budgeting, forecasting, and financial analysis
    • Knowledge of cash flow management, banking, and funding structures
    • Strong understanding of credit control, receivables risk, and tenant management
    • Familiarity with taxation, SST requirements, and regulatory compliance
    • Knowledge of audit processes and internal control frameworks
    • Familiarity with accounting or ERP systems such as Yardi
    • Understanding of retail or mall operations and tenant-based business environments
    • Strong leadership and team management capabilities
    • Strong analytical, problem-solving, communication, and stakeholder management skills
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    The Company
    HQ: Luxembourg
    Year Founded: 1988

    What We Do

    Ikano Retail is an IKEA franchisee that operates IKEA stores and shopping centers, focusing on creating better everyday lives through retail and real estate development.

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