Accountant

Hibiscus Petroleum; Kuala Lumpur; On-site; MYR 36,000 - 60,000; Full time

Job summary

An established industry player is seeking a Corporate Reporting Accountant to enhance their financial management processes. This role is pivotal in ensuring timely and accurate financial reporting, compliance with accounting standards, and effective cash flow management. The successful candidate will oversee corporate entities' financial activities, liaise with auditors and tax agents, and contribute to business planning and automation initiatives. Join a dynamic finance team where your analytical skills and attention to detail will drive impactful decisions and support the organization’s objectives in a fast-paced environment.

Qualifications

• Degree in Accounting/Finance with CPA or ACCA preferred.
• 4-5 years of relevant experience in audit and commercial roles.

Responsibilities

• Manage financial reporting and compliance for corporate entities.
• Oversee tax compliance and assist in business planning.
• Support automation initiatives and financial close processes.

Skills

Analytical Skills

Attention to Detail

Teamwork

Deadline Oriented

Accounting Standards Knowledge

Full Set of Accounts Closing

Education

Degree in Accounting/Finance

CPA

ACCA

Tools

SUN System

Job description

Accountant – Corporate Reporting

Posted On: April 4, 2025
Location: Kuala Lumpur
Job Function: Finance & Accounting
Employment Type: Permanent

The Corporate Reporting Accountant is responsible for the financial management of corporate entities, including timely and accurate financial reporting, compliance with accounting standards, tax and audit liaison, and short-term cash flow planning. The role also supports group consolidation efforts, oversees related party transactions, contributes to business planning, and participates in compliance, automation, and other finance-related initiatives.

KEY ACCOUNTABILITIES

1. Responsible for corporate entities entity-level financial management.
   1. Manages monthly, quarterly and annual financial close and financial report:
      • Timely and accurate close process and submission to Group for consolidation purposes.
      • Assist in preparation of supporting working files and information to be furnished to consolidation team.
      • Ensure compliance with accounting standards and Group policies.
      • Liaison with external and internal auditors, tax agents and bankers.
      • Ensure accruals, provisions, expenses, and forex (realized and unrealized) are taken up accurately.
      • Perform periodic recoverability assessment on investments in subsidiaries and intercompany balances.
      • Preparation of monthly Latest Estimate for two financial quarters.
      • Oversees all related party transactions activities.
   2. Supervising and/or reviewing 3rd party invoices and payments.
   3. Assist in reviewing outgoing invoices to inter-companies.
   4. Short-term cash flows forecast and management which includes:
      • Detail phasing of all payments on a weekly basis.
      • Assist in reviewing the weekly cash planning which includes term placements for excess funds.
2. Manage the direct and indirect tax compliance of the entities in charge.
3. Assist in investment holding segment cost recovery.
4. Involve in other compliance matters, when necessary:
   • Monthly tracking and analysis of expenses against the business plan, when applicable.
   • Periodic reporting to Bank Negara Malaysia.
   • Preparation of Shariah-compliance assessments.
   • Loan covenant.
5. Assist in preparation of annual Business Plan.
6. Assist in Group wide automation initiative and ITGC related matters.
7. Other ad-hoc duties as prescribed by the superior to assist in achieving Finance Department’s objectives.

KEY SKILLS & QUALIFICATIONS

1. Possesses at least a Degree in Accounting/Finance, CPA, ACCA or relevant qualification. At least 4-5 years of relevant working experience in audit and commercial (exposure to public listed company in Malaysia is an advantage, but not necessary).
2. Strong experience in closing full set of accounts.
3. Good understanding of accounting standards.
4. Good analytical and reasoning skills.
5. Knowledge of SUN system will be an advantage.
6. Deadline oriented, meticulous and keen attention to details.
7. Self-motivated and ability to work in a team.
8. Assertive and able to work under pressure and tight deadlines.

Apply Now