Account Executive – Accounting & Finance (REIT Management)
Location : Kuala Lumpur, Malaysia
Department : Finance / Accounting
Reports To : Head of Finance
Employment Type : Full-time / Permanent
Job Scope : As an Account Executive – Accounting & Finance in a Malaysian REIT Management Company, you will be responsible for maintaining accurate financial records, ensuring compliance with Malaysian Financial Reporting Standards (MFRS), handling REIT-specific accounting functions, and supporting financial reporting, taxation, and audit processes.
Key Responsibilities
- Handle full set of accounts for REIT entities and special purpose vehicles (SPVs).
- Perform day-to-day accounting entries including Accounts Payable (AP), Accounts Receivable (AR), General Ledger (GL), and bank reconciliations.
- Prepare monthly and quarterly financial reports in compliance with MFRS and internal deadlines.
- Assist in the preparation of quarterly Bursa Malaysia announcements and financial statements.
REIT-Specific Accounting Functions
Monitor and record rental income, service charges, and property operating expenses.Ensure accurate calculation and recording of net property income (NPI), management fees, trustee fees, and lease-related accounting (e.g., rental straight-lining, amortisation of incentives).Assist in tracking and accounting for property valuations, capital expenditures, and asset enhancement initiatives (AEIs).Budgeting, Forecasting & Variance Analysis
Support in preparation of annual budgets and rolling forecasts for REIT properties and corporate expenses.Analyse and report on variances between actual and budgeted figures.Assist in preparation of internal management reports for senior leadership and the Board.Taxation & Regulatory Compliance
Assist in preparation and submission of SST (Sales & Service Tax) and corporate tax computations.Liaise with tax consultants and the Inland Revenue Board (LHDN) for tax matters and filings.Support the timely preparation of documents for unitholder distributions.Audit & Internal Controls
Coordinate with external auditors during interim and year-end audits.Prepare audit schedules, supporting documentation, and address audit queries.Ensure compliance with internal controls, finance SOPs, and group policies.Treasury & Cash Flow Management
Monitor daily cash balances and prepare cash flow forecasts.Handle payments to vendors, financiers, and unitholders (distributions / dividends).Maintain proper records for loan drawdowns, interest expenses, and financial covenants.Requirements
Diploma or Degree in Accounting, Finance, or related field.Minimum 1–3 years of relevant working experience in accounting, preferably in REITs, property, or financial services.Familiar with Malaysian Financial Reporting Standards (MFRS).Familiar with usage of accounting systems.Proficient in Microsoft Excel, with good analytical and problem-solving skills.Ability to work independently and meet reporting deadlines.#J-18808-Ljbffr
