Account Assistant Manager

365 Capital; Klang City; On-site; MYR 100,000 - 150,000; Full time

Job summary

A financial services company located in Klang City is seeking an experienced accountant to prepare and review monthly financial statements and oversee day-to-day Hire Purchase accounting operations. Candidates should have a Bachelor’s degree in Finance or Accounting and at least 4–5 years of relevant experience, preferably in financing or credit. Strong leadership, communication skills, and proficiency in accounting software are desired. This position offers a dynamic work environment where you will support financial planning and management reporting.

Qualifications

• Minimum 4–5 years of relevant accounting experience, preferably in a Hire Purchase, financing or credit company.
• Experience with HP loan systems, financing systems, or insurance systems is an added advantage.
• Able to work independently with minimal supervision and meet reporting deadlines.

Responsibilities

• Prepare and review monthly financial statements for Hire Purchase operations.
• Ensure full compliance with the Hire Purchase Act and internal financial policies.
• Oversee day-to-day HP accounting operations.

Skills

Leadership

Communication

Coordination

HP accounting knowledge

EIR calculation

Microsoft Office proficiency

Education

Bachelor’s Degree in Finance, Accounting, Banking, or related field

Tools

UBS Accounting

Job description

Responsibilities

• Prepare and review monthly financial statements for Hire Purchase (HP) operations, including income recognition, EIR, unearned interest and provisions.
• Prepare management reports covering loan book performance, arrears ageing, NPL, collection status, insurance revenue and profitability analysis.
• Ensure full compliance with the Hire Purchase Act, consumer credit regulations, accounting standards and internal financial policies.
• Oversee day-to-day HP accounting operations, including disbursements, instalment postings, interest accruals, penalties, settlements, early terminations and refunds.
• Review and monitor reconciliations for customer ledgers, dealer incentives, insurance commissions and financing charges to ensure accuracy and completeness.
• Work closely with the Collections team on overdue accounts, settlements, repossession activities and related costs.
• Assist in budgeting, forecasting, cash flow management and funding utilisation.
• Liaise with banks on financing lines, drawdowns, repayments and interest matters.
• Lead, guide and support the accounting team, collaborate closely with processing, collections and insurance teams to ensure smooth operations.
• Support the Finance Manager in financial planning, analysis and management reporting.

Requirements

• Bachelor’s Degree in Finance, Accounting, Banking, or related field.
• Minimum 4–5 years of relevant accounting experience, preferably in a Hire Purchase, financing or credit company.
• Experience with HP loan systems, financing systems, or insurance systems is an added advantage.
• Strong knowledge of HP accounting, EIR calculation, loan accounting and regulatory requirements.
• Good leadership, communication and coordination skills.
• Able to work independently with minimal supervision and meet reporting deadlines.
• Proficient in Microsoft Office (Excel, Word, PowerPoint) and accounting software (e.g., UBS Accounting).