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Kuala Lumpur

    Senior Finance Executive - Kuala Lumpur, Malaysia - Randstad Malaysia

    Randstad Malaysia background
    Full time
    Description

    Responsible for the financial reporting and analysis, budget, and banking activities across Malaysia Entities in an efficient and timely manner to ensure compliance with the relevant policies, procedures, and financial controls. This position is report to Finance Manager Malaysia and supports regional finance team in reporting and analysis scope. This role will also be expected to provide insights and analytical support for key stakeholders.

    RESPONSIBILITIES

    A. Financial Reporting
    - Maintain financial records in accounting system timely.
    - Prepare monthly management accounts and schedules, i.e., supporting schedules, intercompany accounts, and miscellaneous accruals etc.
    - Prepare bank and balance sheet reconciliation, investigate, and address any discrepancies.
    - Prepare monthly prepayment schedule and amortization entries.
    - Preparation of journal voucher for approval.
    - Monitor receivable and payable deposits.
    - Maintain fixed assets register listing and ensure depreciation is calculated and captured correctly.
    - Ensure Internal Control Framework compliance across activities. Adhere to segregation of duties defined by management.

    B. Financial Planning and Analysis (FP&A)
    - Support periodic business analyses as per requirement and provide business with performance insights.
    - Support on periodic performance reporting (Monthly, Quarterly) in close collaboration with the onsite FP&A counterpart, i.e., Regional Reporting Team.
    - Fulfill ad-hoc reporting and analysis requirements from the APAC Leadership team.
    - Carry out checks of accuracy, completeness and inform the GL/ Reporting Team of any deficiencies.
    - Support GL Team on annual audits, tax return and other statutory bodies to ensure timeline submission and full compliance with regulatory requirements.

    C. Budgeting & Forecast
    - To support budgetary team for budget / forecast to prepare long range plans, annual goal, and periodic forecasts.
    - Perform bank or cashflow projection.
    - To prepare financial information and analysis to support reporting paper.
    - To prepare financial information and analysis upon requested by superior.
    - Organize stand up meetings to provide regular progress updates to the respective team lead.

    D. Banking & Treasury
    - Monitor bank covenant records, timely submission of covenant requirements, i.e., Debt Service Cover Ratio (DSCR), annual budget etc.
    - Liaise with banker on banking administrative matters, attend bank query, review, and update user register, i.e., M2E users' access.
    - Monitor bank guarantees, i.e., apply/ renew bank guarantee prior to expiry at agreed timeline.
    - Monitor Term Loan repayment. Liaise with banker on banking administrative matters, i.e., users' access,
    - Apply/ Renew bank guarantee on time.
    - Attend bank query, review, and update user register, i.e., M2E.
    - Monitor Term Loan repayment.
    - Monitor MBB covenant records.
    - Update and prepare cash position summary on a weekly basis. Analyze significant cash movement.
    - Assist in forecast of sufficient funds in meeting its immediate month or two.

    E. Compliance
    - Manage statutory audits, including preparation of financial statements and coordination with external auditors.
    - Handle the company's tax matters, including bi-monthly SST filings and corporate tax.
    - Review the adequacy of tax provision and tax installment.
    - Monitor Withholding tax submissions and payment.
    - Monitor tax instalment, CP 204 are being paid on time.
    - Assist in BNM and MDEC reporting.

    F. Ad hoc
    - To involve and assist in E-invoicing implementation (LHDN due date in June 2024).
    - To involve and assist in duties assigned from time to time by the Management.
    Qualifications
    - Bachelor's degree in accounting/finance or a Professional Qualification (MIA/ ACCA/ CPA/ ICAEW/ MICPA).
    - Preferred audit background.
    - Proven experience in financial analysis, budgeting, or a related role.
    - Able to adapt in MNC/ Crossed Border Management environment.
    - Financial focus and experience, sensitive in numbers.
    - Proficient in Microsoft Office (Excel, Word & PowerPoint). Experience with Oracle NetSuite will be advantageous.
    - Familiar with accounting standards (MFRS/IFRS etc.).
    - Excellent verbal and written communication skills in English and Mandarin.
    - Good organization, analytical skills and able to work independently with minimal supervision.
    - Committed with a strong sense of responsibility and able to work within deadlines.

    If you are keen on this role, do apply via this link or reach out to bryant at

    skills

    no additional skills required

    qualifications

    no additional qualifications required

    education

    Bachelor Degree


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