Chief Accounting Officer

2 days ago

Kuala Lumpur, Kuala Lumpur, Malaysia Starlai Net Website Full time
Accounting Officer Job Description

We are seeking an experienced and skilled Chief Accounting Officer to join our team at Starlai Net Website. The ideal candidate will be responsible for developing and maintaining a documented system of accounting policies, procedures, and processes.

  1. The Chief Accounting Officer will ensure timely delivery of statutory reporting requirements and management accounts.
  2. They will prepare Group Consolidation of Accounts and report to the management team and Board of Directors.
  3. The position involves establishing finance planning and analysis, including Company cash flow planning; budget planning process; monitoring the variance and reasons for those variances and reporting to the management on a timely basis.
  4. Key responsibilities include managing and improving cash-to-cash cycle; forecasting cash flow position to ensure sufficient funds are available to meet ongoing operational and business requirements.
  5. The Chief Accounting Officer will assist the management team and Board of Directors in formulation of its overall strategic direction.
Main Responsibilities
  • Develop and maintain a documented system of accounting policies, procedures, and processes;
  • Ensure timely delivery of statutory reporting requirements and management accounts;
  • Prepare Group Consolidation of Accounts and report to the management team and Board of Directors;
  • Establish finance planning and analysis, including Company cash flow planning; budget planning process; monitoring the variance and reasons for those variances and reporting to the management on a timely basis;
  • Manage and improve cash-to-cash cycle;
  • Forecast cash flow position to ensure sufficient funds are available to meet ongoing operational and business requirements;
  • Assist the management team and Board of Directors in formulation of its overall strategic direction;
  • Engage in on-going cost reduction or optimization analyses in all areas of the Company;
  • Compile key business and financial performance metrics and report to the management team and Board of Directors;
  • Interpret company's financial results to the management and recommend improvement activities;
  • Create additional analysis and management reports as requested by the management;
  • Ensure efficient account receivable and payable process;
  • Recommend appropriate dividend issuance, based on actual company performance and expected cash flows;
  • Determine right product costing and assist in determination of product pricing in relation to feature offered competitive advantage pricing;
  • Ensure compliance to Malaysia Income Tax Law and Regulations;
  • Liaison with auditors to ensure annual audit and monitoring is carried out in accordance to statutory requirements;
  • Ensure compliance of the existing and new or amended laws; rules and regulations, SOP, policies and procedures of the Company;
  • Meeting given KPI that aligned with the department's strategy, which in turn aligned with the overall strategy of the Group;
  • Contribute to team effort by accomplishing related results as needed;
  • Conduct Finance and Account Annual Meeting (on site) to all account staffs to ensure everyone is up-to-date with latest SOP/processes, forms, knowledge sharing and discussion;
  • Participate in the training program arranged by the Company in order to develop the knowledge, skills and competencies required for work performance improvement purposes;
  • Perform other related duties as assigned from time to time.

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