Accounts & Finance Manager

KPS-HCM; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

A finance management firm in Kuala Lumpur seeks a candidate to supervise accounting processes and manage financial reporting. Responsibilities include leading audits, ensuring compliance with local tax laws, and training the accounting team. The ideal candidate will have strong leadership skills and a commitment to accuracy and accountability in financial management, promoting effective inter-departmental collaboration. This role is essential for maintaining financial integrity and overseeing budgeting processes.

Responsibilities

• Maintain and supervise the integrity of the general ledger and accounting system.
• Manage consolidation and group reporting requirements.
• Preparation of accurate monthly, quarterly and annual financial statements.
• Ensure adherence to applicable accounting standards (ie: MFRS and others).
• Maintain chart of accounts aligned with construction project structures.
• Set up and monitor job costing systems to track project-wise revenues and expenses.
• Coordinate with project teams to monitor budget vs actuals and identify variances.
• Verify proper allocation of overheads, labour, equipment and materials.
• Supervise AP processes including vendor management and invoice validation.
• Supervise AR processes such as progress billing and customer collections.
• Track and reconcile inventory at project sites and warehouse.
• Ensure compliance with local tax laws and regulations.
• Lead internal and external audits and ensure timely submission of audit requirements.
• Maintain updated accounting policies and procedures.
• To undergo training and to lead the team for implementation.
• Implement and monitor internal controls over financial transactions and reporting.
• Review and improve accounting processes, documentation, and workflows.
• Supervise daily cash position and review payment processing.
• Review and approve bank reconciliations and online banking systems.
• Manage the issuance and/or renewal of bank facilities.
• Review treasury reports and cash-flow forecasts.
• Oversee accounting modules in the ERP system.
• Collaborate with IT for accurate data entry and system integrity.
• Train the accounting department on system usage and compliance.
• Lead and mentor the accounting department.
• Define KPIs and conduct performance reviews.
• Promote a culture of accuracy and accountability.
• Encourage inter-departmental communications and collaborations.
• Handle other ad-hoc required tasks.

Job description

Responsibilities

• Maintain and supervise the integrity of the general ledger and accounting system.
• Manage consolidation and group reporting requirements.
• Preparation of accurate monthly, quarterly and annual financial statements.
• Ensure adherence to applicable accounting standards (ie: MFRS and others where the organization operates in the future.).
• Maintain chart of accounts aligned with construction project structures.
• Set up and monitor job costing systems to track project-wise revenues and expenses.
• Coordinate with project teams to monitor budget vs actuals and identify variances.
• Verify proper allocation of overheads, labour, equipment and materials.
• Supervise AP processes: vendor management, invoice validation, retention tracking & etc.
• Supervise AR processes: progress billing, milestone invoicing, and customer collections.
• Track and reconcile inventory at project sites and warehouse. (ie: materials and tools.)
• Ensure compliance with local tax laws and other applicable regulations (ie: SST, Einvoicing & etc.).
• Lead internal and external audits; ensure timely submission of audit requirements.
• Maintain updated accounting policies and procedures.
• To undergo training and seminars for future new regulations and to train and lead the team for implementation.
• Implement and monitor internal controls over financial transactions and reporting.
• Review and improved accounting processes, documentation, and approval of workflows.
• Supervise daily cash position and review payment processing.
• Review and approve bank reconciliations, signatory controls, and online banking systems.
• Manage the issuance and/or renewal of bank facilities (LC, BGs, Forex and others)
• Review daily, weekly, monthly treasury reports: bank balances, cash-flow forecasts and etc.
• Oversee accounting modules in the ERP (MDynamics 365 & etc.)
• Collaborate with the IT department ensuring accurate data entry, system integrity and timely updates.
• To undergo training to train the accounting department on system usage and compliance.
• Lead, coach and mentor of the accounting department.
• Define KPIs, conduct performance reviews, and manage training/upskilling programs.
• Promote a culture of accuracy, timeliness and accountability.
• Promote healthy and active inter-departmental interactions, communications and collaborations.
• And other ad-hoc required and related matters assigned.