Account and Finance Executive

Weng Meng Industries; Selangor; On-site; MYR 45,000 - 78,000; Full time

Job summary

Weng Meng Industries Sdn Bhd in Malaysia seeks an Accounts Assistant to support the Accounts Manager in handling a full set of accounts, ensuring accuracy of transactions and preparing listings for unusual costs.

You will manage AR/AP, GL entries, prepare monthly reports, liaise with auditors, tax agents, and internal teams, and maintain proper filing. This role requires meticulous record-keeping and timely financial reporting.

Responsibilities

• Handle AR data entry for collections, debit/credit notes, and sales invoices
• Issue debit/credit notes and prepare debtors aging reports
• Post and close AR module and close AP and cash book modules
• Prepare GL entries and vouchers, and depreciation/payroll provisions
• Prepare monthly reports such as P&L, KPI, and ad-hoc reports
• Reconcile monthly vendor statements and update petty cash
• Coordinate with external auditors, tax agents, and secretaries

Job description

You will be responsible for assisting the Accounts Manager in handling a full set of accounts, ensuring accuracy of accounting transactions, and preparing listings for unusual and unnecessary costs. You will be in charge of accounts and related tax and audit matters for Weng Meng Industries Sdn Bhd, liaising with internal and external parties for company banking, general affairs, and secretarial matters.

Key responsibilities

Handle Accounts Receivable (AR) function including data entry for collections received, debit/credit notes, and sales invoices

Issue debit/credit notes and prepare debtors aging reports

Arrange monthly statements of account to customers and ensure AR functions are carried out on a timely basis for monthly reporting

Post and close AR module and close Accounts Payable (AP) and cash book modules

Handle General Ledger (GL) functions including data entry for general entries and vouchers

Prepare fixed assets and depreciation schedules, payroll provision schedules, and insurance and prepayment schedules

Prepare hire purchase and hire purchase interest provision schedules

Prepare monthly reports such as P&L, KPI, and other ad-hoc reports for management on a timely basis

Close stock entries and post and close GL module

Liaise with external auditors, tax agents, secretaries, and other entities related to job functions

Check all general ledgers' transactions are keyed accordingly and pass adjustments for incorrect entries

Reconcile monthly vendor statements against ledger

Update petty cash claims to the accounting system on a monthly basis

Update monthly provision expenses such as insurances, hire purchase interest, depreciations, bonus, and commission

Update monthly gain or loss on exchange rate under foreign currency bank accounts

Prepare monthly closing stock reports and monthly material transfer reports from divisions

Prepare monthly listings for unusual and unnecessary costs

Maintain proper and sequential filing of all accounts-related documents

Ensure Financial Statements are reported timely and adhere to standards or regulations

Update necessary detailed schedules or notes to accounts

Provide analytical ratio or trend analysis

Prepare cash flow forecasts and budgetary reports

Evaluate quantitative and qualitative factors in assumptions and bases

Ensure follow-up with variances and remedy reports

Manage stock valuation and prepare monthly slow-moving stock reports