account senior executive

The Senior Accountant is responsible for overseeing all accounting operations of the company, ensuring accurate financial reporting, compliance with Malaysian accounting standards, and effective management of company assets, payroll, taxation, and cost control. This role requires strong analytical skills, leadership in managing accounting staff, and familiarity with manufacturing accounting and statutory requirements in Malaysia.

1. Financial Accounting & Reporting

• Oversee the full spectrum of accounting functions including AP, AR, GL, and inventory accounting.
• Prepare monthly, quarterly, and annual financial statements in compliance with MFRS.
• Review journal entries, account reconciliations, and supporting documentation.
• Ensure timely closing of accounts and accuracy of financial data.
• Maintain fixed asset register and depreciation schedule.

2. Management Reporting & Analysis

• Prepare management reports including P&L, cash flow, and variance analysis.
• Conduct cost analysis for manufacturing operations (material, labour, overhead).
• Support management with financial insights and recommendations for decision-making.
• Monitor company performance indicators, budget adherence, and project profitability.

3. Budgeting & Forecasting

• Lead annual budget preparation and rolling forecasts.
• Track budget vs. actual spending and highlight variances.
• Provide financial projections and assist in strategic business planning.

4. Payroll & Statutory Compliance

• Oversee monthly payroll processing, statutory deductions (EPF, SOCSO, EIS, PCB), and related submissions.
• Ensure compliance with LHDN, KWSP, PERKESO, HRDF, and other local authorities.
• Prepare yearly EA forms, CP8D submissions, and related reports.

5. Taxation & Audit

• Liaise with external auditors and tax agents to ensure smooth audit completion.
• Prepare and review tax computations, SST submissions, and withholding tax where applicable.
• Ensure compliance with Malaysia Income Tax Act, Customs Act, and SST regulations.
• Maintain proper documentation for audit and tax purposes.

6. Costing & Inventory Control

• Implement and maintain cost accounting systems suited for manufacturing.
• Analyse production cost variances, wastage, and yield reports.
• Ensure proper stock valuation and periodic inventory reconciliation.
• Collaborate with production and procurement departments to improve cost efficiency.

7. Internal Control & Process Improvement

• Establish and maintain internal control policies and accounting procedures.
• Identify and implement process improvements for better financial accuracy and efficiency.
• Safeguard company assets and ensure proper authorization of transactions.

8. Team Leadership

• Supervise and guide junior accountants and clerical staff.
• Provide training, mentorship, and performance reviews.
• Foster a culture of accountability, accuracy, and continuous improvement.

• Bachelor's Degree in Accounting, Finance, or related field.
• Professional certification (ACCA, CPA, MIA member) is an advantage.
• Minimum 5–8 years of accounting experience, preferably in manufacturing.
• Strong knowledge of MFRS, SST, and Malaysian statutory requirements.
• Experience with accounting software (SQL, Autocount, most preferred UBS).
• Excellent analytical, leadership, and communication skills.
• Able to work independently and meet tight reporting deadlines.

• Experience in costing system setup, ERP integration, or system migration.
• Exposure to cross-border transactions or group consolidation.
• Familiar with grant or incentive reporting (e.g., MIDA, MDEC).