Corporate Financial Analyst

6 days ago


Port Dickson, Negeri Sembilan, Malaysia HENGYUAN REFINING COMPANY BERHAD Full time
About the Role:

We are seeking an experienced Refinery Financial Accountant to join our Finance team. The successful candidate will be responsible for ensuring the accuracy and timeliness of financial reporting, statutory taxation matters, and Board of Directors Meeting papers. Key responsibilities include:
  • Staying up-to-date with changes in Accounting Standards, BURSA and KLSE requirements, and legal aspects of financial reporting to guarantee quality reporting and compliance with regulatory requirements.
  • Liaising with external auditors to ensure compliance with statutory rules and accounting standards.
  • Monitoring compliance with accounting policies and internal controls, especially in areas of credit policy review and assessment, and ensuring all related party transactions (RPT) are conducted in accordance with Transfer Pricing (TP) rules and regulations.

Key Responsibilities:
  • Preparing Statutory Accounts, statutory taxation matters, Board of Directors Meeting papers, quarterly Bursa reports as per Bursa Listing Requirements, and the Annual Report.
  • Ensuring the accuracy and timeliness of financial reports.

Business Partnering:
  • Serving as a Subject Matter Expert and providing advice on accounting-related matters.
  • Providing advice to Finance Operations in terms of accounting treatments for the statutory accounts.

Financial Services Delivery:
  • Managing Finance Operations for overall monthly closing activities and assisting in reviewing overall P&L and Balance Sheet.
  • Monitoring compliance with accounting policies and internal controls, especially in areas of credit review and assessment, and monitoring trade receivables aging.
  • Ensuring that all RPT conducted aligns with TP rules and regulations, as well as internal controls set by the company. Advising on any improvements where applicable.

External Financial Audits:
  • Planning the audit schedule to ensure audited financial statements are ready for the Board Meeting and in time for publication in the Annual Report.
  • Agreeing with external auditors on the Prepared by Clients (PBC) listing for audit purposes and cascading the requirements to all PBC preparers in Finance Operations.
  • Resolving outstanding audit matters on a timely basis.
  • Reviewing and agreeing on audit findings and developing appropriate close-out plans for each audit finding.
  • Approving and ensuring all post-audit adjustments are reflected in the system.

Taxation:
  • Preparing the Annual Income Tax Returns for submission to the Inland Revenue Board in accordance with tax legislation and IRB guidelines, working alongside the company's tax agent.
  • Providing timely and accurate computations of income tax estimations for submission to the Inland Revenue Department for corporate tax liability assessment.
  • Completing the yearly Transfer Pricing documentation by working alongside the company's appointed tax agent.
  • Ensuring that all Withholding Tax submissions are timely and accurate. Working closely with the MYAP and internal tax support team to ensure efficient tax processing procedures and processes are in place.
  • Leading and managing all tax-related projects, including projects such as e-invoicing, tax incentive applications (if any), etc., by working alongside the company's appointed tax agent and other relevant stakeholders. Driving claims for tax incentives and duty exemptions where applicable.

Annual General Meeting:
  • Liaising with the Company Secretary, Share Registrar, and CX department in organizing the AGM and ensuring all necessary support is provided to ensure smooth execution of the event.
  • Coordinating the Q&A pack for the AGM.


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