Reeracoen Recruitment – Damansara, Selangor
The role of a Senior Finance Executive typically focuses on supporting the financial management of an organization. This includes tasks related to accounting, reporting, budgeting, financial analysis, and compliance. A Senior Finance Executive works closely with the Finance Manager or senior finance team members to ensure the financial health of the organization.
Roles and Responsibilities
Financial Reporting
- Assist in preparing accurate and timely monthly, quarterly, and annual financial statements (balance sheet, income statement, cash flow).
- Help prepare consolidated financial reports for senior management or external stakeholders.
- Support in general ledger entries, journal entries, and account reconciliations.
Budgeting & Forecasting
- Assist in preparing annual budgets and forecasts.
- Track actual performance against budgets and provide variance analysis.
- Support with financial projections and business forecasts.
- Assist financial analysis to identify trends, issues, and opportunities to improve financial performance.
- Assist in reviewing the performance of cost centers and business units.
- Assist in analysing income, expenses, and profit margins to inform management decisions.
Internal Controls & Compliance
- Assist in the preparation and submission of SST to ensure compliance with financial regulations, tax obligations and filing deadlines.
- Support the implementation of internal controls to safeguard financial assets and ensure the accuracy of financial records.
- Assist with internal and external audits, providing required documentation and resolving any audit findings.
Accounts Management
- Oversee accounts payable and accounts receivable functions to ensure timely payments and collections.
- Ensure that transactions are recorded accurately in the financial system.
- Monitor cash flow and assist with managing working capital.
Cost Management
- Monitor and control operational costs.
- Review and analyse cost structures and recommend cost‑saving strategies to management.
- Work closely with other departments (e.g., operations, sales) to understand financial needs and provide financial support.
- Assist in training and mentoring junior finance staff.
Reporting to Finance Manager
- Support the Finance Manager or Group CFO with ad hoc reporting or financial analysis tasks.
- Provide regular updates on financial performance and help in strategic decision‑making.