Business Support Manager / Senior Manager (Finance), Transaction Management

Business Support Manager / Senior Manager (Finance), Transaction Management

1. May-2025

Full-time

Accounting/Finance, Transaction Management

Kuala Lumpur - Wilayah Persekutuan Kuala Lumpur - Malaysia

Summary

Oversee the Financial Accounts of all Corporate Real Estate (CRE) which includes fixed assets management, Annual Operating Plan process, Lease payment in accordance to IFRS 16, provide functional support to all CRE work streams, Capital Project account finalization, database management of property related information within HUB ADM IE/GL accounts are compliant with group standards, external & local regulatory bodies including furnishing statistical information for analysis & reporting purposes locally and regionally.

Roles and responsibilities include:

• Approve daily maintenance on Fixed Asset File from Invoice & Transfer Journal Report & supporting invoices for new assets
• Verify & approve maintenance on fixed assets scrapped, sold, traded-in or transferred resulting from policy changes and annual fixed asset reconciliation exercise on all cost centers
• Regulate internal controls for HUB ADM system by ensuring accuracy & completeness of HUB ADM property related data through changes/additions/deletions to HUB ADM Control File encompassing ADM IE/GL accounts, item codes & properties
• By closely monitoring & rectifying asset related daily exceptions & un-posted transactions

• Review & categorize amounts in various WIP GL A/C to bank property/asset/P&L accounts while ensuring conformity to GRCA, FRS & IAS guidelines
• Process asset maintenance on refurbishment fit out works resulting from branch closures/relocation/new branch opening/restacking WIP accounts
• Provide assistance on monthly asset movement analysis for FIN reporting and TAX section on CA review for bank’s tax computation

• Ensure CRE invoices from various work streams are processed timely and contents accurately aligned to accounting standards & policies
• Monitor & process accruals for CRE related costs

• Ensure refundable security & utility deposit receipts are recorded & monitored in appropriate GLs on leased spaces (bank premises/holiday residences/ATMs/backup sites)
• Follow up with PTE on refund of deposits upon lease exits including renovation deposits
• Monthly reconciliation collaboration with FIN/PTE on IFRS16 variances & subsequent rectification work

• Generate periodic/adhoc reports to management/users for analysis & reporting purposes
• Ensuring monthly/quarterly returns are furnished with deadlines
• Extract and collate statistics for local & regional counterparts including environmental reporting & WIP summary
• Performing month-end reconciliation/balancing on GL/suspense accounts & follow up action on ageing items

• By providing guidance/assistance on the usage of HUB ADM accounts to internal customers/entities
• Troubleshoot matters arising from system anomalies to HUB ADM system
• Preparatory activities of furnishing information/clean up exercises/bring down balances relating to Fusion rollout

• Monitor and tracked all costs against the plan / budget.
• Monthly updates / data is to be provided for review, analysis and reporting purposes.
• Work with Regional and local CRE functions to ensure AOP preparation is properly managed and submitted within dateline. Ensure accuracy and data submitted.

Qualifications:

• Bachelor Degree or equivalent in Finance, Accounting, Real Estate or related discipline
• At least 5 years of experience in finance/accounting, preferably within the real estate industry
• Knowledge of lease / estate management, real estate transactions
• Excellent accounting and financial analysis skills
• Demonstrates excellent understanding of client needs and commercial acumen
• Strong communication (verbal & written), negotiation and collaboration skills
• Ability to multi-task and sensitive to cross-cultural exposures
• Excellent presentation skills and has an analytical mindset to problem solve

WHY CBRE:

Our collaborative culture is built on our shared values — respect, integrity, service and excellence — and we value the diverse perspectives, backgrounds and skillsets of our people. At CBRE, you have the opportunity to realize your full potential.

OUR VALUES IN HIRING:

At CBRE, we are committed to fostering a culture where everyone feels they belong. We value diverse perspectives and experiences, and we welcome all applications.