CFO

Key Responsibilities
Financial Strategy \& Leadership

• Develop financial strategy aligned with company growth, tender pipeline, and diversification plans
• Advise the MD/Board on financial implications of tender decisions, JV/consortium structures, and capital investment
• Lead budgeting, cash flow forecasting, and rolling financial projections across concurrent projects

Construction-Specific Financial Management

• Oversee WIP schedules and percentage-of-completion recognition in line with MFRS 15 (Revenue from Contracts with Customers) / MPERS for private companies
• Work with QS and Project Managers to track job costing, budget-vs-actual, and variation order (VO) claims
• Manage progress claims/certification cycles, retention sum tracking and release, and liquidated ascertained damages (LAD) exposure
• Monitor subcontractor and nominated sub-contractor (NSC) payments in compliance with the Construction Industry Payment and Adjudication Act 2012 (CIPAA)
• Support tender pricing review and margin analysis before bid submission

Cash Flow \& Working Capital

• Manage cash flow across projects with staggered claim certification and payment cycles typical in Malaysian construction
• Optimise working capital: progress billing timing, retention recovery, and supplier/subcontractor payment terms
• Arrange trade financing, bank guarantees, and bridging loans as needed for project mobilisation

Banking, Bonding \& Compliance

• Manage relationships with banks and financial institutions for performance bonds, bank guarantees (BG), and overdraft/trade facilities
• Maintain CIDB registration, financial standing requirements, and grade renewal documentation
• Ensure compliance with Companies Act 2016, Income Tax Act 1967, SST (Sales and Service Tax), and relevant Bursa/SC requirements if applicable
• Liaise with company secretary, tax agents, and external auditors for statutory filings (annual returns, tax computations, audited financial statements)
• Oversee CIDB levy payments, EPF, SOCSO, and EIS contributions, and other statutory employer obligations

Accounting Operations \& Controls

• Oversee day-to-day accounting: AP, AR, payroll, month-end/year-end close
• Ensure financial statements comply with MFRS/MPERS as applicable to the company's reporting framework
• Implement/optimise construction accounting software (e.g., Autocount, SQL Account, Sage, or project-costing modules within ERP systems commonly used by Malaysian contractors)
• Strengthen internal controls, especially around project cost claims, procurement, and subcontractor certification
• Prepare management accounts and project profitability reports for the MD/Board on a monthly basis

Team \& Stakeholder Management

• Build and lead the finance/accounts team
• Coordinate with external auditors, tax agents, and company secretary
• Liaise with clients' quantity surveyors and consultants on claim certification matters
• Present financial performance and project margin reports to the Board/shareholders

Qualifications

Required:

• Professional accounting qualification: CPA Malaysia (MIA member), ACCA, CIMA, MICPA, or equivalent recognised by the Malaysian Institute of Accountants
• Bachelor's degree in Accounting, Finance, or related field
• 7+ years progressive finance experience, with 3+ years in construction, property development, or a project-based industry in Malaysia
• Strong understanding of MFRS 15/MFRS 111-equivalent project accounting, WIP, and retention accounting
• Familiarity with CIDB registration requirements, CIPAA, and construction contract terms (PAM, PWD/JKR, or CIDB standard forms)
• Experience managing bank guarantees, performance bonds, and trade financing facilities

Preferred:

• Prior CFO/Financial Controller experience at a Malaysian SME contractor (RM10 million–RM100 million revenue range)
• Experience with government/GLC tender requirements (if the company undertakes public projects)
• Working knowledge of Bumiputera equity/status requirements where relevant to tender eligibility

Key Competencies

• Hands-on, "player-coach" approach suited to a lean SME finance team
• Strong grasp of Malaysian statutory and tax compliance (LHDN, SST, EPF/SOCSO/EIS)
• Able to communicate financial matters clearly to MD, Project Directors, and non-finance staff
• Comfortable navigating relationships with banks, sureties, auditors, and CIDB
• High integrity, given close involvement in ownership-level and tender-related financial decisions

Pay: RM8,000.00 - RM10,000.00 per month

Ability to commute/relocate:

• Batu Caves: Reliably commute or planning to relocate before starting work (Preferred)

Application Question(s):

• What is Expected Salary? ( Compulsory)
• Notice of Resignation? (If Working)

Work Location: In person