Manager Accounting Policies

ABOUT THE JOB

Manager Accounting Policies & Procedures is responsible for formulating, implementing, and maintaining Group-wide accounting policies to ensure full compliance with Malaysian Financial Reporting Standards (MFRS), Bursa Malaysia requirements, and other regulatory guidelines. The role acts as TM Group's technical accounting advisor and resource center, providing expert guidance on complex transactions, leading the implementation of new accounting standards, and ensuring consistency of financial reporting across all subsidiaries. The position plays a critical role in safeguarding financial integrity, enhancing governance, and supporting informed decision-making by senior management and the Board of Directors.

KEY RESPONSIBILITIES

Formulate and Recommend Accounting Policies

• Develop, review, and recommend Group-wide accounting policies for endorsement by the Board Audit Committee (BAC) and Board of Directors (BOD), ensuring alignment with statutory requirements, MFRS, and global best practices.

Review of Standards and Regulatory Developments

• Represent TM Group in reviewing and providing technical feedback on accounting exposure drafts issued by MASB and new guidelines introduced by Bursa Malaysia and other regulators.

Accounting Technical Resource & Advisory

• Act as the Group's focal point and subject matter expert (SME) on accounting standards, policies, and manuals.
• Provide technical guidance on complex and significant business transactions, contracts, mergers, acquisitions, and new business models.

Policy Harmonization Across Group

• Review and monitor subsidiaries' financial reporting to ensure consistency and compliance with Group accounting policies and standards.
• Support subsidiaries in interpreting and applying accounting requirements.

Implementation of New Standards

• Lead the Group-wide adoption and implementation of new and revised MFRS, including impact assessments, transition planning, and communication of requirements.
• Ensure continuous compliance with evolving accounting standards.

Continuous Updates & Communication

• Proactively update the TM Group of Companies on new interpretations, amendments, and developments in MFRS.
• Prepare technical papers, circulars, and guidance notes for dissemination across the Group.

Capacity Building & Training

• Design, deliver, and evaluate training programmes on accounting standards and policies for Finance personnel across TM Group.
• Build technical competency and awareness to strengthen financial reporting quality.

Audit Issue Resolution & Support

• Collaborate with process owners to resolve audit issues raised by internal and external auditors.
• Facilitate root cause analysis, recommend corrective actions, and track progress until resolution
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Governance, Quality & Best Practices

• Champion continuous improvement in accounting policies, procedures, and governance to enhance transparency and integrity of financial reporting.
• Benchmark practices against international standards to position TM as a leader in financial reporting excellence.

CANDIDATE MUST HAVE

• Degree Accounting, MBA or equivalent postgraduate qualifications are an added advantage, providing enhanced management, leadership, and business acumen.
• Minimum 4 years of relevant working experience in accounting, financial reporting, or audit, preferably in large corporations or reputable audit firms.
• Demonstrated experience in technical accounting advisory, policy formulation, and implementation of new accounting standards.
• Exposure to group consolidations, cross-border operations, and complex transactions such as mergers, acquisitions, and revenue contracts is highly desirable.

WE VALUE

• Professional Accounting qualifications (e.g., ACCA, ICAEW, CPA, MICPA, CIMA) would be sought for in determining qualifying requirements of this position.
• Strong background in the application and interpretation of Malaysian Financial Reporting Standards (MFRS), IFRS, Bursa Malaysia Listing Requirements, and other regulatory frameworks.
• Proven ability to engage with regulators, external auditors, and senior stakeholders in resolving technical accounting and audit issues.

LOCATION

• TM Annexe 2, Telekom Malaysia Berhad, Jalan Pantai Baharu, Kuala Lumpur.