Assistant General Manger - Finance

Job Description

Job Description: AGM - Finance 

The Financial Controller will oversee the financial operations of all existing and new malls, managing a team across four key functions: Operational Finance, Internal Audit & Controls, MIS/FP&A, and Receivables/Billing & Collections. The role requires strong leadership, financial acumen, and the ability to implement robust financial systems and processes while ensuring compliance and driving financial performance across the portfolio.

Key Responsibilities:

1. Operational Finance:

• Leadership: Oversee finance controllers for all existing malls and new mall projects.
• Financial Management:
• Manage day-to-day finance operations, including accounting, financial reporting, and cash flow management.
• Ensure accurate and timely monthly, quarterly, and year-end financial reporting.
• Budgeting & Forecasting:
• Lead the budgeting process for all malls, aligning with corporate objectives.
• Conduct monthly financial reviews of each mall, analyzing variances and recommending corrective actions.
• Strategic Initiatives:
• Support new mall projects from a financial perspective, including feasibility studies and financial modelling.

2. Internal Audit & Controls:

• Audit Management:
• Spearhead internal audits, ensuring compliance with corporate policies and regulatory requirements.
• Coordinate with external auditors during annual audits.
• Systems & Processes:
• Develop and implement Standard Operating Procedures (SOPs) across all financial operations.
• Establish and maintain internal controls to safeguard company assets and ensure financial accuracy.
• Continuously review and enhance financial processes to improve efficiency and mitigate risks.

3. MIS / FP&A:

• Financial Planning & Analysis:
• Develop and maintain comprehensive financial models and management reports.
• Provide detailed financial analysis, including performance metrics, profitability analysis, and cash flow projections.
• Reporting:
• Deliver accurate and insightful MIS reports to the senior management and board.
• Implement KPIs and dashboards for performance tracking across all malls.

4. Receivables, Billing & Collections:

• Team Management:
• Supervise the billing and collection teams, ensuring adherence to billing cycles and collection protocols.
• Receivables Management:
• Maintain outstanding receivables at minimal levels through proactive monitoring and follow-up.
• Approve waivers, refunds, and adjustments during tenant renewals, churn, and exits, ensuring proper documentation and justification.
• Policy Enforcement:
• Implement interest charges on delayed payments unless exceptional approvals are granted.
• Monitor and report on aging of receivables and take corrective action as needed.

Competencies