Account Executive

MISARMA ENTERPRISE SDN BHD; Miri; On-site; MYR 30,000 - 60,000; Full time

Job summary

An established industry player is seeking a dedicated Account Executive to manage their full set of accounts in Miri, Sarawak. This role involves ensuring accurate financial records, compliance with regulations, and effective management of accounts receivable and payable. The ideal candidate will possess a strong background in accounting principles, financial reporting, and tax regulations. Join a team that values detail-oriented professionals who can contribute to strategic decision-making and support financial operations. If you are looking to make an impact in a dynamic environment, this opportunity is for you.

Qualifications

• 3-5 years of relevant experience in accounting and finance.
• Strong knowledge of accounting principles and financial reporting.

Responsibilities

• Manage daily accounting operations and ensure compliance.
• Prepare and analyze financial statements and budgets.

Skills

Accounting Principles

Financial Reporting

Tax Regulations

Analytical Skills

Problem-Solving

Attention to Detail

Education

Bachelor’s degree in Accounting

Bachelor’s degree in Finance

Tools

SAP

SQL

QuickBooks

Microsoft Excel

Job description

MISARMA ENTERPRISE SDN BHD is hiring a Full time Account Executive role in Miri, Sarawak. Apply now to be part of our team.

Job Summary:

The Accounts Executive will be responsible for managing the company’s full set of accounts, including billing, accounts receivable (A/R), debtors report, accounts payable (A/P), creditor report, general ledger (GL) maintenance, cost accounting, inventory accounting, and revenue recognition. This role ensures financial records are accurate, up-to-date, and comply with accounting standards and regulatory requirements.

Key Responsibilities:

1. Manage daily accounting operations, ensuring compliance with both local and international financial regulations and company policies.
2. Record daily financial transactions, reconcile accounts, and ensure accurate bookkeeping.
3. Ensure compliance with local and international tax regulations, including VAT, GST, and withholding taxes.
4. Oversee vendor payments, invoicing, collections, and cash flow monitoring to maintain healthy financial operations.
5. Prepare and analyze financial statements, budgets, and reports to support strategic decision-making, with attention to international financial activities.
6. Compile monthly, quarterly, and annual financial statements in accordance with local or international standards.
7. Assist in preparing and analyzing budgets, cost estimates, and financial forecasts to guide management decisions.
8. Conduct financial analysis to identify cost-saving opportunities and assess profitability across different regions.
9. Coordinate with local and international audit firms, covering regions such as the Middle East, China, and Southeast Asia, to facilitate annual audits.
10. Organize financial records, supporting documents, and compliance reports for external auditors.
11. Communicate with auditors to address queries, provide necessary financial data, and ensure smooth audit execution.
12. Implement Audit Recommendations: Assist in executing corrective actions and process improvements based on audit findings to enhance financial controls.

Billing, Accounts Receivable (A/R) & Debtors Report:

• Prepare and issue invoices to customers accurately and timely.
• Monitor accounts receivable, follow up on outstanding payments, and ensure timely collections.
• Generate and analyze debtor reports, highlighting overdue accounts and risks.
• Reconcile customer accounts and resolve discrepancies.
• Coordinate with internal departments to ensure accurate billing and credit control procedures.

Accounts Payable (A/P) & Creditor Report:

• Process supplier invoices, ensuring accuracy and compliance with company policies.
• Maintain an up-to-date creditors report and ensure timely payments to vendors.
• Reconcile supplier statements and resolve any discrepancies.
• Prepare payment schedules and manage cash flow planning for payables.

General Ledger (GL) & Financial Counsel:

• Maintain and reconcile the general ledger to ensure accurate financial reporting.
• Ensure all journal entries are posted correctly and comply with accounting principles.
• Assist in month-end and year-end closing processes.
• Support the Finance Manager in financial planning and analysis.

Cost Accounting & Inventory Accounting:

• Maintain accurate cost records and conduct variance analysis.
• Work closely with procurement and operations to track inventory costs and valuation.
• Ensure proper recording of inventory movements and reconciliations.
• Identify cost-saving opportunities and provide insights for financial decision-making.

Revenue Recognition & Full Set of Accounts:

• Ensure revenue is recorded accurately in accordance with accounting standards.
• Prepare and review financial statements, ensuring compliance with regulatory requirements.
• Support audit preparations and liaise with auditors on financial matters.
• Ensure compliance with tax regulations and assist in tax reporting.

Requirements:

• Bachelor’s degree in Accounting, Finance, or a related field.
• 3-5 years of relevant experience in accounting and finance.
• Strong knowledge of accounting principles, financial reporting, and tax regulations.
• Experience handling a full set of accounts, including A/R, A/P, GL, and financial reporting.
• Proficiency in accounting software (e.g., SAP, SQL, QuickBooks) and Microsoft Excel.
• Excellent attention to detail, analytical skills, and problem-solving abilities.
• Strong organizational skills with the ability to meet deadlines.
• Knowledge of IFRS/MFRS standards is an added advantage.

Preferred Skills & Competencies:

• Experience in cost accounting and inventory management.
• Ability to analyze financial data and generate actionable insights.
• Strong interpersonal and communication skills to liaise with stakeholders.
• High level of integrity and ability to handle confidential financial information.
• Proactive and able to work independently with minimal supervision.
• Proficient in reading, speaking, and writing in English, with additional language skills in Chinese and Malay being highly advantageous.