Group Accountant

6 days ago

Johor Bahru, Johor, Malaysia Tally Full time

Job Scope

  • To handle
    consolidation of financial reports
    for subsidiaries within the group.
  • To involve financial planning, analysis, reporting, and ensuring compliance with accounting standards and regulations.
  • Prepare and analyze consolidated financial statements for the group of companies, ensuring accuracy and compliance with accounting standards.
  • Coordinate the budgeting and forecasting processes for the group, working closely with individual subsidiaries or business units to develop comprehensive financial plans.
  • Conduct financial analysis and performance evaluations for the group, identifying areas of improvement and providing recommendations to management.
  • Establish and maintain effective internal controls to ensure compliance with financial regulations and minimize financial risks within the group.
  • Coordinate internal and external audits for the group, liaising with auditors and ensuring the timely completion of audit processes.
  • Intercompany transactions: Monitor and reconcile intercompany transactions within the group, ensuring accuracy and proper elimination of intercompany balances during consolidation.
  • Prepare and distribute periodic financial reports, including balance sheets, income statements, cash flow statements, and variance analysis reports, to stakeholders within the organization.
  • Collaborate with tax specialists to ensure the group's compliance with tax regulations, coordinate tax planning initiatives, and prepare tax returns and related documentation.
  • Performs other appropriate duties upon request by the Management.

Requirement

  • A Bachelor's degree in accounting, finance with professional accounting designation such as Certified Public Accountant (CPA), Chartered Accountant (CA), or equivalent.
  • At least 5 years of financial/accounting experience.
  • Previous experience in accounting, financial reporting, and
    consolidation
    is essential.
  • Experience in a group accounting or consolidation role is essential
  • Proficiency in financial analysis techniques, including financial ratios, variance analysis,
  • and forecasting, is important to assess the group's performance and identify opportunities for improvement.
  • Effective communication and interpersonal skills are essential to collaborate with stakeholders, present financial information, and work as part of a team.
  • To ensure accurate financial statements, identify discrepancies, and reconcile intercompany transactions.

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