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Finance Executive (Malaysia)

Posted 4 months ago
2-5 years experience
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AI Summary

The Finance Executive will manage daily financial operations, including payments, inter-company transactions, and month-end closing processes. They are also responsible for ensuring regulatory compliance, preparing budgets, and presenting financial data to senior management.

Key Responsibilities: 

Financial Operations: 

  • Maintain daily bank balances and payment listings.
  • Process payments, including vendor invoices, staff claims, and refunds.
  • Oversee inter-company transactions and ensure accurate allocation of deferred revenue.
  • Liaise with operational teams on fee collection and reconciliation matters.

Month-end and Year-End Close:

  • Review accuracy of monthly reports prepared by external accountant.
  • Perform monthly variance analysis, highlight trends and provide recommendations.
  • Prepare monthly closing schedules for balance sheet items and perform monthly inter-company reconciliations.
  • Assist in reconciling and resolving discrepancies in financial statements.
     

Compliance and Reporting

  • Monitor and ensure compliance with financial policies, internal controls, and statutory requirements.
  • Preparation and assist with annual budget activities


Ad-Hoc Projects and Administration

  • Manage ad-hoc financial projects such as software implementation or process automation.
  • Provide administrative support as needed, ensuring smooth coordination across teams.
  • Utilise financial software (e.g., Xero) for daily operations, ensuring accuracy and system integrity.

 Stakeholder Collaboration

  • Curate and present monthly financial data to senior management, facilitating strategic discussions and decision-making.
  • Liaise with external auditors, tax advisors, and other consultants (if any) to facilitate smooth financial processes and audits.
  • Collaborate with regulatory authorities and institutions for compliance-related matters when necessary
  • Build effective relationships with internal stakeholders to streamline financial processes and enhance organisational efficiency 
 

Requirements:

  • Bachelor’s degree in Accounting, Finance, or related discipline.
  • Professional qualification (CP, ACCA, CA or equivalent)
  • Minimum 3 years of relevant experience in financial accounting or reporting.
  • Strong knowledge of IFRS / applicable accounting standards.
  • Experience in Xero accounting software preferred.
  • Advanced proficiency in Google Sheets, Docs and Slides.
  • Strong team player.

Competencies and Attributes

  • Dedicated, meticulous with strong analytical and problem-solving skills.
  • High level of accuracy and attention to detail.
  • Ability to work independently and manage competing deadlines.
  • Resilient under pressure during reporting cycles.
  • Collaborative team player with leadership potential.
  • Proactive mindset with continuous improvement orientation.

Job Details
  • Remote Arrangement
  • Working Hours: Mon - Fri, 9am - 6pm

 

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