Senior Accountant

1 day ago

Klang, Selangor, Malaysia Agensi Pekerjaan Randstad Sdn Bhd - Professional Full time 90,000 - 120,000 per year

Key Responsibilities

  • 1. Accounts Management:

  • Monitor and manage Accounts Receivable (AR) and Accounts Payable (AP) functions, including preparing aging reports, enforcing payment terms, and supporting efforts to minimize bad debts.

  • Oversee all General Ledger (GL) activities, executing and reviewing month-end and year-end closing procedures to ensure timely and accurate financial reporting.

  • 2. Core Accounting & Compliance:

  • Manage cost accounting activities, including cost analysis and detailed variance reporting for production.

  • Maintain and update the Fixed Asset Register, calculating depreciation and conducting periodic physical audits to verify asset conditions and values.
  • Assist in the preparation of financial statement disclosures and coordinate directly with auditors during quarterly and annual reviews.

  • 3. Global Reporting & Intercompany Accounting:

  • Take direct ownership of monitoring and consolidating financial data from overseas subsidiaries (initially focusing on six foreign accounts).

  • Supervise the monthly financial report production of subsidiaries and update the Profit & Loss statement on the corporate platform for quarterly reporting.
  • Manage and perform all intercompany transactions and reconciliations, ensuring accuracy and adherence to group policies.
  • Liaise with overseas finance teams to standardize reporting processes and ensure compliance with both local and corporate accounting procedures.

  • 4. Financial Planning & Performance Analysis:

  • Oversee the annual budgeting and forecasting processes, collaborating with departments to establish accurate financial targets.

  • Conduct comprehensive variance analysis of actual results against budget and forecast, identifying key drivers and providing actionable commentary to management.
  • Prepare and analyze routine and ad-hoc management reports (including quarterly subsidiary performance reports) to support strategic decision-making and parent company requirements.
Requirements
  • Education: Bachelor's Degree in Accounting, Finance, or a related field. Professional certification (ACCA, CPA, etc.) is highly desirable.
  • Technical Expertise: Minimum of 5 years of progressive accounting experience, with strong, hands-on exposure to cost accounting and management reporting.
  • IFRS Proficiency: Strong knowledge of IFRS (International Financial Reporting Standards) is essential, given the multi-jurisdictional reporting scope.
  • Systems: Proficiency in SAP financial modules or other major ERP systems is required.
  • Skills: Exceptional analytical, problem-solving, and communication skills, with proven ability to effectively coordinate with foreign subsidiary finance teams and senior management.

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